In One Chart: FB Drags New Comm Services Sector

The new S&P 500 Sector, dubbed “Communication Services”, officially launched on September 28th. But the Communication Services Select Sector SPDR® ETF (XLC), which tracks the S&P 500 sector, has been live since June 18th. Communication Services is the new GICS Sector Classification that is replacing S&P’s old Telecommunication Services. It is considerably larger than its predecessor and … Continued

Hancock Fund Outpaces Peers on Blue Chip Bet

This year the markets have felt a lot like the Wonkavator. They’ve gone up and down — and sideways, slantways, longways, and backways. As the volatility train keeps on rolling, a lot of investors have turned their eyes away from indexing ETFs and toward mutual funds. But this poses the question — which mutual funds? … Continued