It’s officially Easter break and exchange traded funds (ETFs) are on nobody’s mind. Whether you are on your way to a tropical locale or spending time with family, people and the Easter Bunny are on the move. iShares Dow Jones Transportation Average (IYT) is up 7.2% year-to-date, and with top holdings like FedEx (FDX) and Union Pacific (UNP), they’re not carrying people, but they could be helping the Easter Bunny deliver all his eggs and baskets on time! Have a Happy Easter!
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.