By: BCM Investment Team February’s retail sales losses were more severe than expected—with sectors following a familiar pattern—but have still managed to grow year-over-year. Manufacturing also felt the effects of last month’s freezing temperatures and underperformed expectations by over 3%. Housing prices meanwhile continue to soar in a trend that looks primed to continue as [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the Invesco Taxable Municipal Bond ETF (Symbol: BAB) entered into oversold territory, changing hands as low as $31.94 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
Investors are on edge as all eyes are on the two-day Federal Open Market Committee (FOMC) meeting, which started on Mar 16. The Federal Reserve is expected to discuss the U.S. economic recovery so far and take its decision on the economic and interest rate forecasts. This will al
After dropping earlier in the session, stocks and index ETFs spiked briefly after the Federal Reserve meeting release Wednesday afternoon, which revealed that the central bank plans to maintain low interest rate levels and bolster the economy as necessary. “The Federal Reserve is committed to using its full range of tools to support the U.S. [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds pared some of their early-Wednesday losses after the Federal Reserve signaled its intent to maintain its near-zero interest rate policy for the foreseeable future. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 0.4%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.3%, and iShares Core S&P [...] Read more at ETFtrends.com.
On Wednesday, Roundhill Investments launched the Roundhill MVP ETF (NYSE: MVP), the first ETF designed to invest in professional sports teams and leagues. Following the launch of MVP, which comes just before March Madness, the firm will have a suite of five ETFs with a combined AUM of over $650 million. Roundhill co-founder Will Hershey commented: “We are excited about [...] Read more at ETFtrends.com.
Traders can cut through the red tape of company research and analysis with funds like the Direxion Fallen Knives ETF (NIFE). NIFE seeks investment results that track the Indxx US Fallen Knives Index. The fund, under normal circumstances, invests at least 80% of its assets in the securities that comprise the index. The index is [...] Read more at ETFtrends.com.
The year 2020 witnessed several trend reversals due to the pandemic. Along with the change in the field of work culture and lifestyle, there was a notable shift in the investment world. For example, a major change noted in the IPO and M&A field is the rise of Black Check or S
The face of energy is shifting from fossil fuels to more renewable resources, whether electricity, wind, solar, or more. This is huge for ETFs like the iShares Global Clean Energy ETF (ICLN), which is up 45% the past six months. The fund seeks to track the S&P Global Clean Energy Index, which is designed to [...] Read more at ETFtrends.com.
Emerging markets (EMs) can be a tricky endeavor, which is where adding a factor filter over EM investments can help. But which investment factor to go with? ETF investors can get four factors in one fund via the iShares MSCI Emerging Markets Multifactor ETF (EMGF). The fund seeks to track the investment results of the [...] Read more at ETFtrends.com.
Stocks and index ETFs fell on Wednesday as investors ready themselves for the results from the Federal Reserve’s two-day policy meeting and comments from Fed Chair Powell later in the day. The S&P 500 lost 0.5%, while the Nasdaq Composite sold off 1.2%, as technology shares were ensnared by climbing bond yields again. The Dow [...] Read more at ETFtrends.com.
In trading on Wednesday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of Lennar, up about 10% and shares of LGI Homes, up about 2.9% on the day.
After the pandemic took hold in 2020, technology greatly expanded thanks to businesses relying on working from home strategies, along with biotech’s importance. A recent dip in tech stocks may cause concern for some. ETF Trends caught up with Michael Loukas, Principal & CEO of TrueMark Investments, who shared his thoughts on investors with a [...] Read more at ETFtrends.com.
Wall Street has rallied hard this year on vaccine and fiscal stimulus optimism. But gains have not been equal in every segment as the rally has been supported by cheap value stocks that bet big on faster-than-expected economic normalcy.
The ‘reopening’ trade isn’t just relegated to strength in equities as the economy recovers. Copper prices are also rising, and ETF investors can capture the forthcoming upside with the Global X Copper Miners ETF (COPX). ”The narrative we’ve been hearing is that it’s really a play on the broader reopening of the economy,” says Spencer [...] Read more at ETFtrends.com.
Retail traders have now become a sizable force in the investing world. Coronavirus lockdowns, commission-free and easy trading on apps, and some extra money from stimulus have led to a surge in retail trading. It accounted for 23% of total US equity trading in 2021, per FT.
Emerging markets offer investors more income than many realize. Investors can tap into that theme with the ALPS Emerging Sector Dogs ETF (NYSEArca: EDOG). EDOG tracks the performance of the S-Network Emerging Sector Dividend Dogs Index. The index is comprised of the highest paying stocks, or ‘Dividend Dogs’, from the S-Network Emerging Markets Index, which [...] Read more at ETFtrends.com.
When it comes to inflation-fighting fixed income instruments, investors often turn to Treasury Inflation Protected Securities (TIPS). Yet senior loans may also do the trick, with higher levels of income to boot. Enter the SPDR Blackstone/GSO Senior Loan ETF (NYSEArca: SRLN). SRLN invests in senior loans given to businesses operating in North America and outside [...] Read more at ETFtrends.com.
Already riding the wave of rising Treasury yields, ETFs holding bank stocks, including the Invesco KBW Bank ETF (NASDAQ: KBWB), have other upside catalysts. KBWB tracks the widely followed KBW Nasdaq Bank Index. “The Index is a modified-market capitalization-weighted index of companies primarily engaged in US banking activities. The Index is compiled, maintained and calculated [...] Read more at ETFtrends.com.