Violent protests have erupted in the streets of Bogota, Cali and other cities in Colombia. The immediate cause? Proposed reforms to the South American country’s tax system, which would have lifted taxes on everything from salaries and dividends to fossil fuels, single-use plastic items and more. According to reports, the protests have involved citizens of [...] Read more at ETFtrends.com.
By Scott Welch, CIMA ®, Chief Investment Officer – Model Portfolios I’m trying to make a living I can’t save a cent It takes all of my money Just to eat and pay my rent I got the blues Got those inflation blues (From “Inflation Blues” by BB King, 1983) I can’t help but wonder [...] Read more at ETFtrends.com.
I hope you’re not renting a car anytime soon. Tourists flocking to sunny spots like Hawaii and Florida are being left stranded. The average car rental in Hawaii used to cost 50 bucks a day. Now a basic Toyota Camry will set you back $500+ a day. Some desperate travelers are even turning to U-Haul [...] Read more at ETFtrends.com.
By DeFred Folts III, Managing Partner, Chief Investment Strategist, and Eric Biegeleisen, CFA, Managing Director, Research Portfolio Manager Equities: U.S. Equities: Major U.S. equity market indices continue to reach all-time highs as well as record levels of overvaluation by our measure. However, even at elevated valuations, monetary and fiscal stimulus remains supportive. In addition, high-yield [...] Read more at ETFtrends.com.
For investors looking for momentum, First Trust Municipal High Income ETF FMHI is probably a suitable pick. The fund just hit a 52-week high and is up 15.6% from its 52-week low price of $48.07/share.
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
As the S&P 500 has flip-flopped between red and green, the timing couldn’t be more auspicious for the Invesco S&P 500 Low Volatility ETF (SPLV), which now has 10 years of performance under its belt. The fund is based on the S&P 500® Low Volatility Index and seeks to invest at least 90% of its total [...] Read more at ETFtrends.com.
The coronavirus outbreak has dampened U.S. economic growth with airlines being one of the worst-hit sectors. The virus’ spread resulted in declining air travel with restrictions imposed by the government. Consequently, aviation stocks’ top lines suffered materially as passe
Norwegian Cruise Line Holdings (NYSE: NCLH) and Carnival Corp (NYSE: CCL) surged Friday, lifting a relatively new hospitality sector-specific exchange traded fund. The AdvisorShares Hotel ETF (BEDZ) increased 3.9% on Friday. Meanwhile, Norwegian Cruise Line Holdings shares gained 7.6% and Carnival Corp shares rose 7.4%. BEDZ includes a 3.2% position in NCLH and 2.4% in CCL. Norwegian [...] Read more at ETFtrends.com.
Wall Street has been witnessing increasing volatility since the beginning of the month. In fact, after seeing losses for three straight days, the market finally saw some upside as the Dow Jones Industrial Average was up 1.3% on May 13. The S&P 500 and the Nasdaq Composite wer
More investors are exiting risky stocks and entering ETFs. One way to play the exodus is the Direxion Daily S&P 500 High Beta Bull 3X Shares (HIBL). With the major indices fluxing up and down as of late, investors could be looking to ETFs to minimize concentration risk. One popular sub-section is funds that track [...] 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. May 14, 2021 Since the Great Financial Crisis of 2007-2008 (GFC), any rapid rise in home [...] Read more at ETFtrends.com.
Retail sector-specific exchange traded funds strengthened as traders looked beyond the unexpected stall in April retail sales to the potential rebound in the coming months. The SPDR S&P Retail ETF (XRT), the largest retail sector-related ETF by assets, increased 4.1% on Friday. The Commerce Department on Friday revealed retail sales remained unchanged in April, but [...] Read more at ETFtrends.com.
As U.S. markets rebound from a volatile week, battered growth segments have take the lead. Investors can also focus on the growth style with exchange traded funds. Stocks retreated earlier in the week after data revealed that consumer prices spiked in April, which stoked concerns that the surge in prices for raw materials will cut [...] Read more at ETFtrends.com.
Gold is more than a hedge against inflation: it is also a vital material in many kinds of rapid COVID tests. The precious metal’s unique scientific properties allow scientists to employ it in highly creative ways that complement traditional molecular testing methods. Gold’s Medicinal Value Tiny particles of gold have always been used as indicators [...] Read more at ETFtrends.com.
The Distributed Ledger Technology (DLT), more commonly known as blockchain, was introduced to the world along with bitcoin. While the attitude towards bitcoin and other cryptocurrencies remains mixed, the interest in its underlying technology is unambiguous.
By the ERShares Team ERShares’s proprietary methodology, the Entrepreneur Factor, has embedded ESG factors since its inception. ESG is an integral part of the ERShares investment philosophy, and therefore, the firm rarely faces a trade-off between investment opportunities and ESG policy compliance along the investment process. The firm positions itself as a thought leader and [...] Read more at ETFtrends.com.
The SPDR— Portfolio MSCI Global Stock Market ETF is seeing unusually high volume in afternoon trading Friday, with over 802,000 shares traded versus three month average volume of about 70,000. Shares of SPGM were up about 1.4% on the day.
In trading on Friday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 5.1% on the day. Components of that ETF showing particular strength include shares of Gevo, up about 20.4% and shares of Range Resources, u