Sector ETFs are great ways to make long term plays and gain more than just buying the broader market. We like industrials on several factors including re-opening. However, we can't emphasize enough that our system is more based on Reward to Risk Ratios and having the right Stop-losses on swing trades as well as long term investments. Industrials and Basic Materials have a decent outlook to continue forward especially on a longer term basis.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.