ETF Pick of the Month: Long Consumer Spending
February 03, 2015 at 13:27 PM EST
We are recommending a new long position for the month ahead, which looks to take advantage of a pullback in a particular corner of the U.S. equity market. Below, we outline our investment thesis and outlook for the new recommendation, and as always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques.