The First Trust ISE Cloud Computing ETF ($SKYY) is a basket of 40 stocks that are related to the niche sector in some manner.
Top holdings include Netsuite ($N), Rightnow Technologies ($RNOW - recently agreed to be purchased by Oracle), Cisco ($CSCO), Google ($GOOG), and TIBCO Software ($TIBX).
From a low on 8/19/11 the ETF is up 23% versus a gain of 13% for the $SPY. Of all the technology niche sectors, Cloud Computing continues to be a favorite of mine.
Market expert and TV personality Matt McCall blogs about what is really moving the markets. He will emphasize Exchange-Traded Funds (ETFs) and individual stocks throughout the trading day.
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