on Sunday threatening higher tariffs on Chinese goods — was a "knee-jerk reaction" when it comes to their stocks, Rosenbluth said."Clearly, what we're seeing today is people are selling first and asking questions later," Johnson said in the same "ETF Edge" interview.
"An ETF like SMH, which stands for 'shake my head,' has really earned its ticker today on a day where that volatility is, again, rearing its ugly head," he said. Rosenbluth wasn't exactly shaking his head at the SMH, which he said his firm preferred over SOXX, the iShares fund. "When we look inside the portfolio ... we like a lot of the stocks that are heavily weighted, so Intel,
, a couple of them, " he said. "So, Ben talked about the historical performance, but as you look forward, we at CFRA like SMH also for its liquidity and its below-average expense ratio, of those two products."
u mean sell the peak!!
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Source: CNBC - 🏆 12. / 72 Read more »
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