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$28.50 -1.49 (-4.97%)
12/1/2008 2:09 PM

iShares S&P Global Consumer Dis Sec(ETF) (RXI)

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iShares S&P Global Consumer Dis Sec(ETF) At A Glance

Current Price: $28.50
Last Trade Time: 12/1/2008 2:09 PM
Open: $30.04
Previous Close: $29.99
Daily Range: $28.50 - $30.04
52-Week Range: $25.76 - $58.62
Volume: 7,038
Market Cap: $28.66M
P/E Ratio: 0.00
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RXI VS S&P 500 (SPY)

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 (RXI)

Avatar icesword2 (24.28) Submitted: 8/18/08 10:07 PM : Outperform Start Price: $45.50 RXI Score: -3.46

This index looks almost like an "ultralong SP500" ETF, since consumers always overreact to market swings when it comes to discretionary spending. I believe the market will see an upswing within the next 12 months, at which point the greatest gains will be in this sector. In the meantime, I'll probably look silly for picking this so early.

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