Wall Street has impressed investors with a good start to June. Notably, the S&P 500 Index is standing at less than 0.2% from its all-time high hit in May. Going on, the first trading week of June saw decent performances as the Dow Jones Industrial Average and the S&a
Asia’s bond market for environmental, social, and governance offerings hit a record this year, and interest for ESG-related debt is only growing. Asia-Pacific borrowers more than doubled issuance of bonds tied to ESG principles to a record $69 billion so far this year, Bloomberg reports. The momentum doesn’t seem to be letting up any time [...] Read more at ETFtrends.com.
In her most recent interview on Yahoo! Finance, ERShares COO Eva Ados discussed the dangers of Bitcoin, the transitory nature of inflation, and interest in tech. “We’re very concerned … when it comes to Bitcoin” When asked about whether or not ERShares thinks that Bitcoin iss worth investing in, Ados made clear that “as an investor in [...] Read more at ETFtrends.com.
In trading on Monday, shares of the Invesco WilderHill Clean Energy ETF (Symbol: PBW) crossed above their 200 day moving average of $88.41, changing hands as high as $88.63 per share. Invesco WilderHill Clean Energy shares are currently trading up about 2.4% on the day. The c
U.S. growth stocks and related exchange traded funds took the lead on Monday as investors reassessed the inflation and economic outlooks. Inflation fears have eased in recent days, but investors remain on edge, looking for signs that Federal Reserve officials would roll back easy-money policies that have supported the rally in U.S. equities. “It almost [...] Read more at ETFtrends.com.
The world’s second-largest economy is on the path of recovery from the pandemic-driven slump. China’s exports climbed 27.9% year over year in May, in comparison with the 32.3% rise recorded in April. Meanwhile, imports rose 51.1% year over year in May versus a rise of
By Ryan O’Malley, Fixed Income Portfolio Strategist High yield corporate bond issuance is up 93% in 2021 – from $106 billion in 2020 to $206 billion year-to-date. Corporate bond investors typically view such large increases in high yield issuance as a negative for credit fundamentals, as it usually correlates with higher leverage. This cycle may [...] Read more at ETFtrends.com.
Adjusting a portfolio in order to tilt towards the favored factors in a given market environment doesn’t have to be a trying task with assets like the Global X Adaptive U.S. Factor ETF (AUSF). Whether it’s tilting a portfolio towards value, capturing momentum, or stifling volatility, AUSF has ETF investors covered. Furthermore, AUSF comes with [...] Read more at ETFtrends.com.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast and chart book. Gold moved steadily higher from the late summer of 2018 into last August. Prices declined toward [...] Read more at ETFtrends.com.
The ALPS Clean Energy ETF (ACES) closed slightly lower last week, which may be a sign some market participants are overlooking a political catalyst for the well-known renewable energy exchange traded fund. President Joe Biden is looking for a big boost to the Department of the Interior’s budget. The $17.6 billion may be a drop in the pond compared to [...] Read more at ETFtrends.com.
When market historians look back at the groups most repudiated at the height of the coronavirus pandemic, casino stocks the the VanEck Vectors Gaming ETF (BJK) are likely to stand out. Owing to temporary shutdowns of gaming properties in the U.S. and abroad, casino equities were drubbed in March 2020. However, the group, including some BJK [...] Read more at ETFtrends.com.
Wall Street was upbeat last week with the S&P 500, the Dow Jones, the Nasdaq Composite and the Russell 2000 adding 0.6%, 0.7%, 0.5% and 0.8%, respectively. Small-cap stocks are on a tear amid post-pandemic recovery (read: Small Caps Enjoy Longest Run Since 1995: 5 ETF
As cryptocurrencies increasingly top the headlines these days, more and more investors are turning to their advisors with questions about crypto assets. Fourteen percent (14%) of advisors are either recommending or using cryptocurrencies this year, up from 1% in the two previous years, according to CNBC. However, many advisors are still uneducated on the digital [...] Read more at ETFtrends.com.
Growing awareness and recent warming trends have seen companies shifting their environmental efficiency standards, as well as investing in new carbon credit trading, according to the Wall Street Journal. That could be good news for the KraneShares Global Carbon ETF (NYSE: KRBN), which tracks the newly flourishing carbon credits market. Carbon Credit Growth Is Exponential [...] Read more at ETFtrends.com.
Domestic crude prices surged 5% last week, climbing to a high of almost three years, re-cementing energy’s status as the best-performing sector in the S&P 500 this year. Add a dash of momentum to the energy sector with the Invesco DWA Energy Momentum ETF (PXI) and things get really interesting. PXI, which tracks the the [...] Read more at ETFtrends.com.
The Invesco Dow Jones Industrial Average Dividend ETF is seeing unusually high volume in afternoon trading Monday, with over 261,000 shares traded versus three month average volume of about 51,000. Shares of DJD were down about 0.7% on the day.
In trading on Monday, the Invesco DWA Healthcare Momentum ETF is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Bionano Genomics, up about 25.5% and shares of Anavex Life Sciences, up about 12.6% on the da
With summer kicking off, the U.S. stock market is nearing all-time highs and expectations are of its hitting new peaks. This is especially true as the economy is strongly recovering from the pandemic lows with millions of Americans fully vaccinated and pandemic restrictio
Due in part to the impressive runs of the size and value factors in 2021, equal-weight exchange traded funds are generating buzz once more. Investors shouldn’t overlook the Invesco Russell 1000 Equal Weight ETF (NYSEArca: EQAL), which follows the the Russell 1000 Equal Weight Index. EQAL’s underlying index “is composed of securities in the Russell [...] Read more at ETFtrends.com.