Jim Woods Picks: ITA, FLOT & Large Cap Tech

“At MoneyShow Dallas, Jim Woods: Sentiment indexes tell us that CEO, consumers are feeling good about this market. watch for consistent trend that goes down, not a single day drop in market. On bonds: if you can shorten the duration of your bond portfolio, that’s probably the way to go. Look at ways to reduce long-term risk. The big thing on bonds is interest rate risk. I recommended FLOT, iShares Floating Rate Bond ETF will help investors mitigate that risk. I’ve had ITA, iShares US Aerospace & Defense ETF. I like Big Cap Tech. We’re still in confirmed Bull Market until we see indexes go below 200-DMA.” —MoneyShow

For more trends in fixed income, visit the Fixed Income Channel.