Holidays are coming up, and with Thanksgiving at our feet, how can all of this eating affect exchange traded funds (ETFs)? Well, think about the PowerShares Dynamic Food And Beverage ETF (PBJ). This ETF is already up 13% year to date. Also interesting, it has continued to rise 2.5% over the past few weeks, so imagine what it may do after Thanksgiving. And if all goes well, think about the possibilities by Christmas! This holiday, even if you overindulge, you can be sure it’s for a good cause- your ETF investment. (Notice the ticker symbol stands for peanut butter and jelly.) Have a Happy Day!
The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.