GE stock is off about 14% year-to-date, but analyst Ari Wald said its underperformance doesn't make the Industrial Select Sector SPDR ETF any less attractive.
Weak energy and volatile finance sectors question the sustainability of continued strength across all 11 S&P 500 sector exchange-traded funds.
GE stock has fallen 14% year to date, making it one of the Dow's worst performers.
The technology ETF continues to trade to new highs, while utilities provide the safety of dividends.
The technology ETF continues to trade to new highs on strong technical momentum, while utilities provide the protection of dividends -- this defines a barbell strategy.