CONSUMER STAPLES SELECT SECTOR $41.21
+0.15
18/6/2013 04:18 PM
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NYSEARCA
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XLP
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Exchange-traded funds have taken the market by storm, with more than $1.5 trillion in assets under management across more than 3,000 securities. These ETFs provide everyday investors with exposure to previously inaccessible corners of the market, while enabling them to build a diversified and low-fee stock portfolio both quickly and easily .Consumer ETFs have become a popular way for investors to hedge a portfolio due to the relatively stable nature of consumer spending.
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On Jun 13, Zacks Investment Research upgraded oilfield service company Core Laboratories N.V. to Zacks Rank #2 (Buy).
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Brazil's state-run energy giant Petrobras has confirmed the startup of its floating production storage and offloading ("FPSO") vessel Cidade de Paraty.
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Increasingly daring market forecasts should unpleasantly remind savvy investors of the exuberance of Y2K, and the truth is that the market is very difficult right now. In his weekly review, MoneyShow's Tom Aspray suggests that there will be more lucrative battles to fight later this year.Last week's action in the stock market shows perfectly what I meant a few weeks ago by a Veg-O-Matic market.
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