ETF Trends CEO Tom Lydon discussed the Fidelity Magellan ETF (FMAG) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. The fund seeks long-term growth of capital. Normally investing primarily in equity securities. Investing in either “growth” stocks or “value” stocks, or both. Investing in domestic and foreign issuers. Using [...] Read more at ETFtrends.com.
U.S. Treasuries and related exchange traded funds were slightly higher Thursday ahead of the Federal Reserve’s annual Jackson Hole summit as investors waited on a potential outline on the central bank’s bond tapering outlook. On Thursday, the Vanguard Intermediate-Term Treasury Index Fund ETF Shares (VGIT) was flat and the Vanguard Long-Term Treasury Index Fund ETF [...] Read more at ETFtrends.com.
U.S. regulators are looking in to Deutsche Bank’s asset management arm in what could be the first step toward a wider crackdown on socially responsible investment claims, or what critics have described as “greenwashing” in the industry. American officials are investigating DWS Group after the recently departed head of sustainability warned that the company overstated [...] Read more at ETFtrends.com.
As we explore the current fixed income market, investors should consider the risks associated with inflation and consider alternative strategies on the loan and credit space. In the recent webcast, Beyond Basic Bonds: Innovative ETF Strategies to Fix Fixed Income, Matthew Bartolini, Head of SPDR Americas Research, State Street Global Advisors, pointed out that rates-sensitive [...] Read more at ETFtrends.com.
This has been a pivotal week for biotech news, as Johnson & Johnson said Wednesday that a booster shot of its COVID-19 vaccine generated a promising immune response in early stage clinical trials. This follows the Monday news that the FDA fully approved the Pfizer and BioNTech COVID-19 vaccine, making it the first vaccine in the U.S. [...] Read more at ETFtrends.com.
While inflation has been on investors’ minds for some time now, the timeframe for the Fed to make those dreaded adjustments may come sooner than expected, according to Dallas Federal Reserve President Robert Kaplan. Kaplan would like the Fed to state in September that it will start to adjust its monetary policy, citing that that [...] Read more at ETFtrends.com.
The Revere Sector Opportunity ETF (NYSE: RSPY) began trading on the New York Stock Exchange on Tuesday. “Using our proprietary process overlayed across the eleven sectors of the S&P 500 Index, we identify expected leadership through technical and macro analysis as well as options intelligence.”, commented Scott Fullman, Portfolio Manager and Managing Director, Revere Wealth Management LLC [...] Read more at ETFtrends.com.
Global X ETFs announced in a press release the launch of six ETFs designed to help investors looking for options-based strategies in a period of low-yield increased volatility. The COVID-19 pandemic has created a perpetually low-rate environment with marked periods of volatility. The funds offer investors ways to produce income in a generally low-yield market, [...] Read more at ETFtrends.com.
Heading into 2021, many prognosticators suggested macro-cyclical sectors were poised to benefit from the accommodative monetary, accommodative fiscal policy, and consumer returning to pre-COVID-19 behaviors. Many of these trends existed during the second half of 2020 and were projected into 2021. Figure 1 shows the year-to-date performance of all eleven sectors organized by supersector. The [...] Read more at ETFtrends.com.
Influential figures like “Bond King” Jeffrey Gundlach can move markets with their words, and right now, Gundlach is erring on the side of bullishness when it comes to gold. Gold prices have been stuck in somewhat of a holding pattern in 2021, but Gundlach sees a declining dollar paving the way for gold gains. “My [...] Read more at ETFtrends.com.
An uptick in COVID-19 cases isn’t holding the S&P 500 down the way it did last year, which is strengthening the Direxion Daily S&P 500® Bull 3X Shares ETF (SPXL). This strength could continue through the rest of the year, unless the pandemic spirals out of control. However, with the push for more vaccinations and booster shot [...] Read more at ETFtrends.com.
As fuel demand continues to soar and push oil prices higher, short-term investors and traders alike can take advantage of the Invesco DB Oil Fund (DBO). “Oil prices rose more than 1% on Wednesday, extending gains for a third session, after U.S. government data showed that fuel demand climbed to its highest since the start of [...] Read more at ETFtrends.com.
Rare earths and the VanEck Vectors Rare Earth/Strategic Metals ETF (REMX) are in the spotlight, and not just because demand is soaring for a hot new tech gadget. Rather, these essential minerals, which are used to produce an array of consumer and military products, are receiving renewed attention because of the U.S. departure from Afghanistan. [...] Read more at ETFtrends.com.
Saying Chinese stocks are encountering controversy this year is an understatement. Between delisting chatter in the U.S. and Beijing’s regulatory crackdown on internet companies, many of which raised billions of dollars in U.S. initial public offerings (IPOs), 2021 is a trying time for long Chinese growth stocks. However, this week brought a bounce in some [...] Read more at ETFtrends.com.
With dividends perking up around the world, income-starved investors are reminded that there are some compelling payout opportunities in ex-U.S. developed markets. On that note, the ALPS International Sector Dividend Dogs ETF (NYSEArca: IDOG) is ready for some time in the spotlight. IDOG, which tracks the S-Network International Sector Dividend Dogs Index, yields 3.50%, or [...] Read more at ETFtrends.com.
For years, the crypto industry grew with little oversight from global regulators. Now, the nascent industry is too big to ignore. Governments around the world are now looking to regulate the crypto space, but every country and region is taking a drastically different approach to regulation. Here’s an extremely brief overview of crypto regulation efforts [...] Read more at ETFtrends.com.
40% of millennial investors (aged 25 to 40) want the option to add cryptocurrencies to their retirement plans, according to a Spring 2021 survey by global marketing research consultancy CoreData Research. Given that Bitcoin surpassed both gold and the S&P 500 last year with a 164% return, such a statistic is not surprising. But what [...] Read more at ETFtrends.com.
The iShares U.S. Oil & Gas Exploration & Production ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.1 million shares traded versus three month average volume of about 131,000. Shares of IEO were off about 0.5% on the day.
In trading on Thursday, the SPDR— S&P— Semiconductor ETF is outperforming other ETFs, up about 0.3% on the day. Components of that ETF showing particular strength include shares of Kopin, up about 9.8% and shares of Sitime, up about 1.9% on the day.