Global markets are heading south for the past 6 weeks. Some sectors have been able to provide gains even in this crummy market. As we approach the year's mid-year point, some themes dominate investor attention. They include strained fiscal situation in Europe, slowing growth in emerging markets, and flat or worsening employment situation in the U. S. Against this backdrop, will momentum plays from the first half continue to be the best performers in the second? Or is it turn for laggards to take charge? Read Sector Funds: Best, Worst, and Mid-Year 2010 Stock Market Outlook . For more insights on Fidelity funds, visit Fidelity Investments . For more insights on exchange-traded funds, visit ETF Reviews, Research, and Tools .