Home Business Three ETFs to play the rise in rates, according to the charts

Three ETFs to play the rise in rates, according to the charts

Traders work on the floor of the New York Stock Exchange.

NYSE

Value stocks are the way to go as interest rates rise, according to Janney Montgomery Scott’s technical strategist.

Strategist Dan Wantrobski said the change in the interest rate environment has changed the stock market’s internals. Banks and other financials, small caps and more recently value stocks have taken the lead, and they should continue to do well, he said.