ETFs Ed Hochuli Might Like
That loud sigh of relief heard across the U.S. is for the NFL referees. The real ones, that is. After suffering through three weeks with the now infamous replacement refs, coaches, fans and players got a return to normalcy on Thursday night when the NFL's regular officals were back in business for the Baltimore Ravens-Cleveland Browns tussle.
With the regular refs back, that means the most famous of them is back, too. Ed Hochuli, a celebrity among U.S. sports officials, has officiated NFL games for over two decades, calling two Super Bowls and multiple playoff contests.
Hochuli's celebrity status has been attained via his famous explanations of NFL rules infractions and a a physique that would make any 20-year-old guy envious. Obviously, he is also a very good official as illustrated by the two Super Bowls on his resume.
When he's not working out or working in the NFL, Hochuli is a lawyer with the Phoenix-area firm of Jones, Skelton & Hochuli P.L.C. There he "concentrates his practice on professional liability defense, products defense, retail defense and transportation defense," according to the firm's Web site.
That allows for some wiggle room in creating an Ed Hochuli ETF portfolio. Since he is a lawyer and we do not want any trouble, let us be clear in saying this piece is for entertainment purposes.
Consumer Staples Select Sector SPDR (NYSE: XLP)
The inclusion of the Consumer Staples Select Sector SPDR on this list is not to say that Hochuli is an overly conservative investor. Only he knows that. What is clear is that his firm has represented several XLP constituents including PepsiCo (NYSE: PEP), Walgreen (NYSE: WAG) and Wal-Mart (NYSE: WMT). That trio accounts for over 15 percent of XLP's weight.
iShares Dow Jones Transportation Average Index Fund (NYSE: IYT)
Hochuli's expertise in transportation defense might make the iShares Dow Jones Transportation Average Index Fund an intriguing option for him to include in his portfolio. His firm has represented fair amount of smaller transportation firms, as well as FedEx (NYSE: FDX). FedEx is IYT's second-largest holding with an allocation of almost 8.4 percent.
Hochuli, and any other investor for that matter, might want to steer clear of IYT for the moment. The chart is not attractive and the sector is vulnerable to slack economic data.
iShares S&P Global Energy Sector Index Fund (NYSE: IXC)
As has been noted, Hochuli's firm has impressive client roster. Some of those clients are controversial, too. Namely BP's (NYSE: BP) BP America unit. BP's Arco unit is also listed among the firm's represented clients. So is ConocoPhillips (NYSE: COP), the largest U.S. independent oil and natural gas producer. BP and ConocoPhillips combine for over seven percent of IXC's weight.
IXC is another ETF that might be best left for later. Amid the pullback in crude futures, IXC has weakened recently and looks technically. A drop below $39 would be a bearish sign and a drop below the 200-day moving average at $38 would confirm an emerging downtrend.
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