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SPXT / S&P 500 Could Slide To 3,000, SPXT An Escape Hatch
The S&P 500 Index is at high risk of a major pullback due to its heavy reliance on the technology sector and the market's lack of concern about a recession or inflation pressures. Removing technology exposure or reducing it can help investors avoid potential losses if the market experiences a downturn in the second half of 2023. Investors can use ETFs like SPXT and XLK to control their tech exposure and create alternate allocations within the S&P 500.
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Posted: Jun 21 2023, 17:37
Author Name: Seeking Alpha
Views: 102059
SPXT News
By Seeking Alpha
June 21, 2023
S&P 500 Could Slide To 3,000, SPXT An Escape Hatch
The S&P 500 Index is at high risk of a major pullback due to its heavy reliance on the technology sector and the market's lack of concern about a rece more_horizontal