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This Hot Industrial ETF Could Shoot Even Higher Thanks to Biden

This Hot Industrial ETF Could Shoot Even Higher Thanks to Biden April 13, 2021 The cyclical/value resurgence is lifting the industrial sector. The Biden Administration’s infrastructure efforts could bring even more upside for exchange traded funds like the PRN tracks the Dorsey Wright Industrials Technical Leaders Index, which is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is the measurement of a security’s performance in a given universe over time as compared to the performance of all other securities in that universe.

With Cyclical ETFs Roaring Back, Consider Industrial Interests

With Cyclical ETFs Roaring Back, Consider Industrial Interests February 19, 2021 A shifting political environment and easy monetary policy are among the factors rewarding for cyclical stocks at the present. The industrial sector is one promising way for investors to home in on a cyclical recovery. Enter the PRN tracks the Dorsey Wright Industrials Technical Leaders Index, which is designed to identify companies that are showing relative strength (momentum), and is composed of at least 30 securities from the NASDAQ US Benchmark Index. Relative strength is the measurement of a security’s performance in a given universe over time as compared to the performance of all other securities in that universe.

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