Traders Growing Bearish on Consumer Staples Sector, ETF
June 11, 2015 at 08:00 AM EDT
While the markets are rebounding, a heavily shorted consumer staples sector exchange traded fund may continue to fall behind. The Consumer Staples Select Sector SPDR (NYSEArca: XLP) was up 1.0% Wednesday. The defensive staples sector was among the worst performing areas of the market this year,...