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It's getting harder and harder to find new buying opportunities in the large-cap ETF space that doesn't involve inverse or leveraged index exposure. We bemoaned that in an earlier column.
That's not to say there aren't any opportunities. It's just that the low-hanging fruit has largely been plucked - at least on the bullish side.
So, we were happy to see a modest buy signal flashing for the Invesco Russell 1000 Equal Weight ETF (EQAL). As the handle implies, EQAL is an equal-weighted take on the