Does The Industrial Sector SPDR Still Have Significant Room For Growth?
Jason Meissner • Mon, Jul. 28
- The Industrial SPDR has seen exceptional gains in the last three years compared to 10-yr averages.
- The PMI for the previous 4 months has shown less increases in production and new orders.
- Current mega-cap stocks are trading at their 3yr highs despite recent revenue slowdowns across many of the industries.