Traders Using ETFs in Place of Individual Stocks
Posted on October 23, 2012 at 09:01 AM EDT
Much is made of the rivalry between exchange traded funds and traditional mutual funds. However, a bigger and more important trend in the market could be traders using ETFs to make bets on entire sectors rather than individual stocks. Dave Lutz, an ETF strategist at Stifel Nicolaus, says the ETFs...