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As highlighted on Thursday evening, the consumer staples ETF was perking up, showing signs of life as well as relative strength. This evening (Friday), amidst a sea of red, the sector is higher by 1.2% as market participants seek a safe haven.
Snapshot as of 21h48, Friday 21 February.
Previous Post: U.S. Consumer Staples ETF (Published Friday morning, 21 February)
Strong candle structure below multi-month highs.
Why IYK?
1. Exposure to U.S. companies that produce a wide range consumer goods, including food, and household goods
2. Targeted access to domestic consumer staples stocks
3. Use to express a sector view
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Lester Davids
Analyst: Unum Capital
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