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Exercise #5
Utilizing the information on Exchange Traded Funds (ETFs), answer the following questions.
3.) You want to gain exposure to the Drug sector which has reversed up on its bullish percent chart. An examination of the stocks within the sector reveals that Pfizer (PFE) is on a relative strength sell signal and below the bearish resistance line. Which of the following ETFs would be the best choice for gaining exposure to the Drug sector?
C. Powershares Dynamic Pharmaceuticals (PJP)
C. Correct! The PJP is comprised of drug related stocks but the
weighting in PFE is the least of the drug related ETFs.
Go to the next exercise.
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