1.Materials Take Over Sector Leadership.
XLB Breaks out of 4 Year Range.
www.stockcharts.com
www.stockcharts.com
The iShares PHLX Semiconductor ETF (SOXX) has $660 million in assets. Exposure is primarily in semiconductor stocks (87% of assets), while semiconductor equipment stocks (13%) like Applied Materials (AMAT) are much less represented. In addition to U.S. stocks, the ETF has exposure to companies based in Singapore and Taiwan, The ETF trades on average 515,000 shares on a daily basis and has a 0.48% net expense ratio.
http://www.etf.com/sections/blog/semiconductor-etfs-looking-another-banner-year
Read Full Gundlach Comments
http://www.barrons.com/articles/2017-roundtable-part-2-manual-for-a-mixed-up-market-1484976857?tesla=y&mod=BOL_twm_ls
https://am.jpmorgan.com/blob-gim/1383280028969/83456/jp-littlebook.pdf