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ETF market

retracement to 25.63 is a buy, in an uptrendGlobal X Social Media ETF (SOCL). ETFs are a great way to play market trends, since they give you exposure to multiple companies that are driving the action but don’t carry the same risk that can come from holding a single name. In SOCL’s case, social media’s biggest names serve as its top 10 holdings, including FB, TWTR and China-based Tencent (TCEHY). Not only does this give you diversification, but some global exposure to this wide-ranging trend. Tencent, for example, is not traded on the U.S. exchanges, so the ETF gives you safe and inexpensive access you otherwise would not have.
NASDAQ:SOCL
by nalinakshi
in nice uptrendThe Global X Millennials Thematic ETF (MILN) is designed to benefit from the rising spending power and lifestyle preferences of this generation. It’s made up of companies that encompass everything from social media and entertainment, to education and employment, to travel and mobility. Its top holdings include the heavy hitters you’d expect — Apple (AAPL), eBay (EBAY), Facebook (FB), Netflix (NFLX), and Priceline (PCLN) to name a few — and is a good way to give your portfolio some millennial flavor.
NASDAQ:MILN
by nalinakshi