Why Tribeca's Fromhertz Is Bullish on FDN

Christian from Hertz, an equity trader at Tribeca Trade Group, discusses the current market conditions, highlighting the chip sector's performance and the outlook for the second quarter earnings season. He emphasizes the importance of focusing on stocks with less exposure to trade wars and analyzes the FDN ETF for internet stocks. The discussion also covers the financial sector's performance, with insights into Citigroup and JP Morgan's earnings expectations.

What sector is highlighted as outperforming in the current market conditions?

• Transport

• Chip sector

• Energy

• Financials

What is the main reason for the bullish outlook on big Internet names?

• They have a strong presence overseas

• They are underperforming in the market

• They are less vulnerable to the trade war

• They have high exposure to the trade war

Which ETF is mentioned as part of the strategy for big Internet names?

• FDN

• QQQ

• DIA

• SPY

What was the market's reaction to Citigroup's earnings report?

• Exceeded expectations

• Disappointing

• Neutral

• Very positive

What is the expected move for JP Morgan's earnings according to the discussion?

• 5%

• 2.5%

• 10%

• 1%