TheoTrade Chief Market Technician, Professor Jeff Bierman, CMT, weighed in on the ETFs to consider in a bear market in a Yahoo Finance story today. Many semiconductor stocks “have become bargain basement opportunities and not just bottom-fishing plays,” Bierman says.
Several ETFs track the PHLX Semiconductor index, including SMH and SOXQ. Conversely, Bierman says to avoid Homebuilder and Gold ETFs until conditions improve.
Professor Bierman goes into greater detail about which ETFs he favors and those he would avoid in this Yahoo Finance story Which ETFs to consider in a bear market: Experts weigh in.