Tuesday, July 8, 2014

Technology Select Sector SPDR ETF: XLK's 2014 Halftime Report And Seasonality - Technology Select Sector SPDR ETF (NYSEARCA:XLK) | Seeking Alpha

Technology Select Sector SPDR ETF: XLK's 2014 Halftime Report And Seasonality - Technology Select Sector SPDR ETF (NYSEARCA:XLK) | Seeking Alpha



This is a good article about the State Street Technology Sector ETF (XLK).  The author tells how XLK has beaten SPY (S&P 500) so far this year, but XLU (utilities) has been the best SPDR sector in 2014. People are getting defensive in our aging bull market.  The article also discusses the top holdings of XLK such as Apple, Verizon, and AT&T. Moreover, the author discussed how XLK historically performs in each quarter.  The 3rd quarter will most likely be weak for XLK, but the 4th quarter should be very strong.  I own both XLK and XLU, and I plan to hold both ETFs for a while.

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