Lowry Weekly ETF Commentary

While the current market environment has enticed many investors to “bottom fish” for beaten-down small-caps, the evidence has yet to lend credence to this strategy. This week’s Industry Group Commentary highlighted two such areas with exposure to both a high number of small-cap stocks and Demand deterioration – Regional Banks and Bio-Genetics. Therefore, this week’s ETF Commentary analyzes the long-term weekly charts of the SPDR S&P Regional Banking ETF (KRE) and the ARK Genomic Revolution Multi-Sector ETF (ARKG).