Financial stocks closed on Wednesday echoing the mixed results of banks’ fourth quarter earnings, but they may be positioned favorably to capitalize on the anticipated interest rate hikes this year. Bank of America, JPMorgan Chase, Citigroup, and Wells Fargo, which completed the sale of its asset management division at the beginning of the fourth quarter [...] Read more at ETFtrends.com.
Trading revenues among Wall Street banks surged during the height of the trading spree amidst the heightened volatility during the pandemic recovery. However, financial sector-related exchange traded funds could begin to ease into a new normal as conditions settle down. Wall Street banks project trading revenue to settle at a “new normal” somewhere between pre-pandemic [...] Read more at ETFtrends.com.
Growth stock-related exchange traded funds strengthened as U.S. markets wavered between gains and losses on Wednesday, with the corporate earnings season propping up some segments. The technology-heavy Nasdaq was trying to rebound after dipping below 10% from its record closing high on November 19, marking the benchmark’s first foray into an official correction, Reuters reports. [...] Read more at ETFtrends.com.
It’s been a choppy month for markets so far, and it remains to be seen if the volatility is transitory or indicative of changing tides for what’s been a bullish market for years. Investors looking for risk management strategies should consider actively managed funds in times of volatility. Many major financial institutions reported positive earnings [...] Read more at ETFtrends.com.
Top Performing Levered/Inverse ETFs Last Week These were last week’s top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (NRGU) MicroSectors U.S. Big Oil Index 3X Leveraged ETN 19.49% (BOIL B) ProShares Ultra Bloomberg Natural Gas 16.77% (OILU ) MicroSectors [...] Read more at ETFtrends.com.
With consumer prices continuing to push higher, inflationary pressures are keeping fixed income investors on their toes, but there are options such as preferred stock dividend exposure. Inflation can add a large dose of worry to a fixed income investor’s portfolio, eroding income over time. That becomes especially disconcerting if inflation becomes more persistent instead [...] Read more at ETFtrends.com.
Rising inflation coupled with the Federal Reserve’s move to tighten monetary policy and raise rates is causing benchmark Treasury yields to jump lately. As such, the Dow Jones Industrial Average fell over 500 points during Tuesday’s trading session after the Martin Luther King Jr. holiday. Inflation and rising rates are adding to a wall of [...] Read more at ETFtrends.com.
The last two years have been times of remarkable market performance despite pandemic hardships driven by a handful of high-growth companies and tilted heavily to the information technology sector. Concerns of valuations became much more prominent, however, as inflation soared and market performance became more volatile, and this is expected to continue in the near-term. [...] Read more at ETFtrends.com.
If we use history as our guide, we should expect interest rates to rise ahead of a Fed tightening cycle. The yield curve would begin to flatten as the cooling effects of higher rates should be felt throughout the economy. The issue with relying on history is that we have little context upon which to [...] Read more at ETFtrends.com.
The 2022 list of top 100 companies compiled by Just Capital, a non-profit that focuses on ESG investing research, was recently released and has some major movements compared to the year before. Noteworthy was both Alphabet’s ascendency to number one as well as Meta’s (formerly Facebook) fall to below 700 out of the 1,000 companies [...] Read more at ETFtrends.com.
By Rod Smyth, Chairman of the Board of Directors SUMMARY The economy is experiencing a strong recovery with unusually high wage and inflation growth, in our view. We believe this makes the Fed’s job difficult and creates market uncertainty. For RiverFront, this underlines the importance of being agile. Be Careful What You Wish For. History [...] Read more at ETFtrends.com.
Grayscale Investments, the largest global crypto asset manager, and Bloomberg have announced in a press release the launch of the Bloomberg Grayscale Future of Finance Index (BGFOF), which is focused on the growth of finance, technology, and digital assets within the digital economy. The index is constructed utilizing Bloomberg’s methodology of theme baskets to build [...] Read more at ETFtrends.com.
Following a year in which environmental, social, and governance (ESG) hauled in record amounts of investor capital, some asset managers are forecasting the start of a sustainability investing revolution. That could serve as a rising tide that lifts boats across the exchange traded funds universe, including the Goldman Sachs JUST U.S. Large Cap Equity ETF [...] Read more at ETFtrends.com.
Microsoft (NASDAQ:MSFT) shook the video game universe on Tuesday, announcing that it’s acquiring Activision Blizzard (NASDAQ:ATVI) for $68.7 billion in cash. The transaction values the Call of Duty publisher at $95 a share — a 46% premium to where the stock closed on January 14. News of the deal — the largest on record for Microsoft — provided [...] Read more at ETFtrends.com.
In trading on Wednesday, the Silver Miners ETF is outperforming other ETFs, up about 5.6% on the day. Components of that ETF showing particular strength include shares of Hecla Mining, up about 10.2% and shares of First Majestic Silver, up about 9.4% on the day.
It was a year to remember for bond-focused exchange traded funds (ETFs) in 2021, with Vanguard topping the charts when it came to fund flows. The Federal Reserve looking to scale back its bond purchases last year didn’t tamp down demand for investors looking to get bond exposure. With a trillion-dollar infrastructure plan becoming law, [...] Read more at ETFtrends.com.
For investors who want exposure to Asian markets but are looking to avoid investing in China, there are five promising “Asian Growth Cubs” that are positioned differently from China and India and are poised for growth. Maurits Pot, founder and CIO of Dawn Global Management, discusses these “Cubs” and the investment opportunities in the Asiatic [...] Read more at ETFtrends.com.
Getting alternate exposure to other sources of yield is a must for fixed income investors in today’s market environment where inflation is rampant. The Federal Reserve is looking to push interest rates higher amid inflation moving at its fastest rate in the past four decades. This is especially disconcerting to bond investors who are seeing [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the ARK Autonomous Technology & Robotics ETF (Symbol: ARKQ) entered into oversold territory, changing hands as low as $68.41 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis
In trading on Wednesday, shares of the FNDA ETF (Symbol: FNDA) crossed below their 200 day moving average of $53.92, changing hands as low as $53.83 per share. FNDA shares are currently trading off about 0.7% on the day. The chart below shows the one year performance of FNDA