×

A trade idea: This is what any “compact” trade idea looks like when it is expanded. Here you find supporting evidence for the trade idea, buy \ sell recommendations, etc.

Scott Sunshine on (XLP) until Dec 31, 2011

 
Scott Sunshine on (XLP) until Dec 31, 2011
Published: Sep 20, 2011
25 reads

Schizoid US markets and European turmoil have led investors away from aggressive bets to calmer, albeit more boring, waters. Defense is the name of the game, and the Consumer Staples Sector SPDR has seen massive inflows this year for just that reason. The fact that it's bested the S&P 500 by some 10% YTD doesn't hurt either. The ETF is replete with defensive stocks whose products likely fill up your supermarket cart every week (think Wal-Mart, P&G and Coke.

Rating:
40
77
96
(0 of 0) No Votes
 
 
Scott Sunshine recommends buying XLP
This idea expired Dec 31, 2011

 
 
XLP
32.78
-0.09
(-0.27%)
SPDR Select Secto (PCX)
Range32.70 - 32.88Previous32.87
52 week28.07 - 33.20Open32.87
Volume3682344Mrk Cap
2/22/2012 4:00pm