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Bullish And Bearish Plays On These 2 ETFs: CNBC's 'Final Call'

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Bullish And Bearish Plays On These 2 ETFs: CNBC's 'Final Call'

U.S. stocks closed lower on Friday, with the Dow Jones dropping more than 140 points and the S&P 500 falling around 0.2%.

On CNBC’s "The Final Call," Carter Worth of Worth Charting, named SPDR S&P Retail ETF (NYSE: XRT).

Brian Stutland of Equity Armor Investments, LLC picked iShares 7-10 Year Treasury Bond ETF (NYSE: IEF).

Mike Khouw of Optimize Advisors also named SPDR S&P Retail ETF (NYSE: XRT). "I think the way to make a bearish bet there is with a put spread," he added.

Data released Friday showed retail sales in the U.S. dropping 1% month-over-month in March versus a revised 0.2% decline in February. Core retail sales fell 0.8% during the month, versus market expectations for a 0.3% drop.

Price Action: XRT gained 0.1% to close at $62.23, while IEF fell 0.5% to settle at $98.92 on Friday.

Check This Out: Chembio Diagnostics And 2 Other Stocks Under $1 Insiders Are Aggressively Buying

Photo via Shutterstock. 

 

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Posted-In: Brian Stutland Carter WorthLong Ideas News Top Stories Markets Media Trading Ideas Best of Benzinga

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