More Upside in Store for Materials ETF
October 30, 2013 at 14:26 PM EDT
Guess what the best-performing on the nine sector SPDR ETFs has been over the past three days. Confirming that a cyclical rotation did in fact take place, the answer is the Materials Select Sector SPDR (NYSEArca: XLB). Cementing the notion of a cyclical rotation, XLB’s industrial and discretionary...