|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||92.05 - 92.46|
|52 Week Range||73.90 - 93.69|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.15%|
Odds of tax cuts are increasing. Look at momentum ETFs.
The market is bleeding with the S&P 500 down 0.78% as of Thursday afternoon -- not a great sign considering it barely moved on Wednesday. Momentum and large-cap growth stocks have been the clear leaders so far this year. The iShares Edge MSCI USA Momentum Factor ETF (MTUM), which I recommended in June, returned more than 18% year-to-date through July, while the iShares Russell 1000 Growth ETF (IWF) returned nearly 14% over the same period.
U.S. retail sales registered their largest increase in seven months in July and put these ETFs in focus.