|Bid||27.50 x 1200|
|Ask||31.00 x 1000|
|Day's Range||29.01 - 30.37|
|52 Week Range||7.52 - 41.29|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-14.00%|
|Beta (5Y Monthly)||0.00|
|Expense Ratio (net)||0.98%|
One interesting signal of how investors are re-prioritizing their choices nowadays comes from observing a comparison chart of two particular market sectors and the exchange-traded funds (ETFs) that track them. The chart below shows that, as of late, investors are placing what they need above what they want. The roller-coaster action shown by the S&P 500 (SPX) demonstrates that investors are worried about where stocks will end up next.
All eyes will be on the Federal Reserve as the capital markets are hoping for an equities boost with an interest rate cut, but traders may still want to keep consumer discretionary plays in their back pocket. A dovish central bank who is wary of the economy may warrant plays in exchange-traded funds (ETFs) like the Direxion Daily Consumer Discretionary Bull 3X ETF (WANT) . WANT seeks daily investment results equaling 300 percent of the daily performance of the Consumer Discretionary Select Sector Index.
Wall Street continued its winning streak to start the second half by making history amid lingering trade war and global growth concerns. We have highlighted five ETFs that have gained in double digits so far this month.