As the bond markets strengthen, investors can consider a fixed income exchange traded fund strategy to prop up their core. The bond markets advanced after the Federal Reserve offered an optimistic outlook on the economic recovery and offered no signs of changes to its monetary policy at the end of its latest meeting, the Financial [...] Read more at ETFtrends.com.
Encouraging economic data and news of another government spending plan, have bolstered ETFs with greater weight in economically sensitive sectors. The U.S. economic expansion accelerated in the first quarter after massive government aid to households and businesses. A labor market report revealed 553,000 people filed for unemployment benefits two weeks ago, compared to 566,000 in [...] Read more at ETFtrends.com.
On Monday, Rosemont, IL-based asset manager TrueMark Investments launched the TrueShares Structured Outcome (May) ETF (MAYZ), the eleventh ETF in the True-Shares structured outcome product suite. MAYZ is sub-advised by SpiderRock Advisors, a Chicago-based asset management firm specializing in option overlay strategies. The fund seeks to provide investors with structured outcome exposure to the S&P [...] Read more at ETFtrends.com.
U.S. markets bounced higher this past week after the Federal Reserve stood pat on interest rates and its bond purchasing program. Investors can also track U.S. equities through a broad exchange traded funds. The Fed reaffirmed its guidance since December, stating that it must see “substantial further progress” towards its inflation and employment goals before [...] Read more at ETFtrends.com.
Wall Street analysts start coming up with their views this time of the year thanks to the old adage “sell in May and go away.” The proverb is ingrained in the S&P 500’s awful historical run for the May-to-October period. May has been a subdued month with average gains o
In the early 1980’s, Dave Davies, of the English rock band the Kinks, wrote the song, “Living on a Thin Line.” He was writing about England as the last century waned, but it resonates today with our current economic situation. Economic life sits on a changing and unstable ground at this moment. At Auour, our [...] Read more at ETFtrends.com.
Stocks and index ETFs started the first trading day of May on an upswing, as investors drove most sectors higher in Monday morning trading. The Dow Jones Industrial Average added almost 1%, while the S&P 500 climbed 0.6%. The Nasdaq Composite advanced 0.4% before slipping back into negative territory amid losses from Amazon, Tesla, Facebook, [...] Read more at ETFtrends.com.
Gold is making a comeback. Despite speculation that Bitcoin and other cryptocurrencies were rendering the metal less valuable by the day, the long-term prognosis for gold is looking brighter, finds a new report from Barron’s. Recent crypto turbulence, including last week’s flash Bitcoin crash and the failure of “Doge day” to push the meme-inspired Dogecoin [...] 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. April 9, 2021 One key worry for investors these days is whether massive [...] Read more at ETFtrends.com.
The beleaguered energy sector seems to be turning around with two big oil giants returning to profit in the first quarter on an oil price rally. Exxon Mobil XOM posted big profits with better-than-expected earnings while results from Chevron CVX have been mixed (see: all the Ener
The WisdomTree U.S. SmallCap Fund ETF is seeing unusually high volume in afternoon trading Monday, with over 365,000 shares traded versus three month average volume of about 86,000. Shares of EES were up about 1.4% on the day.
In trading on Monday, the Oil Services ETF is outperforming other ETFs, up about 4.4% on the day. Components of that ETF showing particular strength include shares of Propetro Holding, up about 9.2% and shares of Baker Hughes, up about 7.8% on the day.
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the iShares MSCI Europe Financials ETF, which added 6,950,000 units, or a 10.6% increase week over week.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares iBoxx $ High Yield Corporate Bond ETF, where 7,400,000 units were destroyed, or a 2.9% decrease week over week.
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
In a low-yield environment, investors often lean on sectors with traditions of delivering the income goods. Real estate is one, but following the group’s coronavirus swoon, active management could better-serve investors in this arena. Enter the ALPS Active REIT ETF (NASDAQ: REIT). Benefits of active management with real estate investment trusts (REITs) include avoiding potential [...] Read more at ETFtrends.com.
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Small-Cap ETF (Symbol: IJR) where we have detected an approximate $149.2 million dollar inflow -- that's a 0.2% increase week o