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Big Dorsey Wright ETF Gets Defensive After Sharp Drop
FYI: Technical analysis can be arcane, but here’s what it looks like in practice: the First Trust Dorsey Wright Focus 5 ETF (FV), the most successful exchange-traded fund launch in years, just reshuffled its holdings for the first time, dumping biotech stocks and adding defensive utilities, traders say and market evidence indicates. Regards, Ted http://blogs.barrons.com/focusonfunds/2016/02/05/big-dorsey-wright-etf-gets-defensive-after-sharp-drop/tab/print/
