The economy is giving mixed signals and we are heading into a seasonally weak market condition. Nevertheless, exchange traded fund investors can still find opportunities in health care and consumer staples sectors.
ETF Trends’ Tom Lydon recently sat down with Todd Rosenbluth, Director of ETF Research at S&P Capital IQ, to look at potential equity opportunities in the current market environment.
Specifically, Rosenbluth points to health care and consumer staples sectors as good places to hide during the summer doldrums.
“Health care and consumer staples tend to be some of the better places to hide, so to speak, during the summer weakness,” Rosenbluth said. “The May to October time period is seasonally the weakest data.”
S&P Capital IQ likes the the health care sector as a growth play. For instance, investors can gain exposure to the area with the Health Care Select Sector SPDR (NYSEArca: XLV), which tracks healthcare companies taken from the S&P 500 index.
Watch the video below to see the full interview with Todd Rosenbluth.
To view past video interviews, visit our video section.