Market Vectors M (MORT) - $22.39 +0.01 (0.05%)
Fund DescriptionThe fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The Mortgage REITs Index is comprised of stocks of publicly traded U.S. mortgage REITs that derive at least 50% of their revenues (or, where applicable, have at least 50% of their assets) from mortgage-related activity. The fund is non-diversified.
Recommendation: Position yourself ahead of the November jobs report
Suffice it to say that the bar is pretty low and it won’t take much to put out a “positive” jobs report. How will bonds react?