This post is part of a regular series written by ETF Trends editor Tom Lydon, special for CNBC.com.
Although earnings season has been solid — 82 percent of companies reporting so far have beaten expectations — and corporate America is clearly feeling better, Americans outside of finance are still feeling the pain.
Add to that the fact that many traders and investors are thinking about the waves in the ocean instead of their portfolios, and the end result is markets trading in a tight range.
It could be this way for awhile, but you’re not helpless. Just pick your spots and look for those areas that are delivering. We’ve found a few recently:
SPDR Barclays Capital High-Yield Junk: Don’t let the “junk” name throw you off — junk is anything but, right now. Issuance of these bonds is now 45 percent ahead of last year’s total at this time. In a low-yield environment, investors are easily seeing the appeal of these funds. JNK itself is yielding 9.7 percent.
SPDR S&P Dividend andPage 1 of 2 | Next Page