Are Energy ETFs The Key To A Sustainable Bull Market
November 06, 2014 at 14:47 PM EST
In sum, the bull market in U.S. stocks can continue with the blessing of severe laggards like XLE. On the other hand, plummeting tech shares in proxies like PowerShares NASDAQ 100 eventually ushered in the 2000-2002 bear; the early downtrend in SPDR Select Financials foreshadowed the 2008-2009 bear.