3 ETFs To Watch This Week

Dave Dierking, CFA

Cyclicals have taken over the lead from defensive stock over the past two weeks. The tech and consumer discretionary sectors are up more than 5% during that time while the core defensive sectors – real estate, consumer staples, utilities and healthcare – have lagged badly. The rally is mostly trade-fueled which means these gains are tenuous at best. Watch for trade rhetoric to drive the market narrative more than earnings, GDP or any other economic data. SPDR S&P Dividend ETF (NYSEARCA:SDY) – Broadly speaking, dividend payers have lagged the S&P…

Bloomberg: Oil’s Next Big Boom

Date: 2019-09-07 02:24:38 Sep.06 — Mexico and Venezuela have long been the oil powerhouses of Latin America. But with political uncertainty and market volatility mounting, a new generation of oil producing counties are set to transform the region. Bloomberg’s Alix Steel reports on “Bloomberg: Oil’s Next Big Boom” and dives deep into South America’s oil prospects to uncover the opportunities for homegrown companies, international oil giants and investor appetite.