Browsing: ARCAXLU
Bank Of America Warns Energy Could Be ‘Cheap For A Reason,’ Highlights Utilities As Defensive Play – SPDR Select Sector Fund – Energy Select Sector (ARCA:XLE), SPDR Select Sector Fund – Utilities (ARCA:XLU)
By admin
Bank of America has reshuffled its sector outlooks, raising Utilities to “overweight” while downgrading Energy to “market-weight.” The changes come…