Every four years, the American Society of Civil Engineers (ASCE) releases its report card on the condition of America’s infrastructure. In 2017, the group gave the U.S. a dismal D+, writing that crumbling infrastructure “is impeding our ability to compete in the thriving global economy.” The 2021 report demonstrates slight progress from four years ago. America’s infrastructure [...] Read more at ETFtrends.com.
By Robert Ross The Nasdaq entered correction territory after its 10.1% slide in the last month. Of course, the tech-heavy index bounced out of correction mode almost as soon as it entered it. But there was still plenty of time for a series of “Don’t Buy the Dip. Sell the Bounce!” headlines to hit the tape. I [...] Read more at ETFtrends.com.
By Matthew J Bartolini, CFA, Head of SPDR Americas Research Up and down the cap spectrum and beyond the shores of the US, value has had a strong start to 2021 Will this rally continue? The resurgence of value stocks has been a dominant theme over the past few months, culminating in the largest monthly [...] Read more at ETFtrends.com.
By Patrick Watson The latest US monthly jobs data showing employers created 379,000 new jobs in February generated much celebration and, for those who fear inflation, a little fear. We should always take these numbers skeptically. They have many statistical limitations, and even if they’re exactly right, the trends over time mean more than any [...] Read more at ETFtrends.com.
By Jeff Weniger, CFA, Head of Equity Strategy “Nessie.” That’s the nickname for the lake-living, reclusive beast that has lured spellbound tourists to a fabled Scottish lake—Loch Ness—for decades. This raging stock market has gotten to such a point that you could be forgiven for thinking the Loch Ness Monster hoax is more believable than [...] Read more at ETFtrends.com.
Exchange traded funds that track the value style are outperforming, with value beating growth stocks by the widest margin in two decades, as investors bet on a broader economic rebound. Year-to-date, the iShares S&P 500 Value ETF (NYSEArca: IVE) increased 9.8%, compared to the 1.1% gain for the iShares S&P 500 Growth ETF (NYSEArca: IVW) and [...] Read more at ETFtrends.com.
Chinese technology sector-related exchange traded funds have come under increased pressure as China’s antitrust regulator aimed its sights on several internet names. Over the past month, the Invesco China Technology ETF (NYSEArca: CQQQ) declined 13.5%, and the KraneShares CSI China Internet Fund (NasdaqGM: KWEB) decreased 14.4%, while the broader Xtrackers CSI 300 China A-Shares ETF [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds were mixed, with cyclical sectors taking the lead while growth-heavy names took another blow as rising bond yields revived inflation concerns. On Wednesday, the Invesco QQQ Trust (NASDAQ: QQQ) was down 1.1%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) gained 0.7%, and iShares Core S&P 500 ETF (NYSEArca: [...] Read more at ETFtrends.com.
By Andrew Musgraves, Product Manager Unprecedented monetary and fiscal policy over the last decade has helped support several of the fastest economic recoveries on record in the U.S. Once again, these forces have rekindled the great inflation concern among investors, despite the fact that any meaningful inflation has not been an issue since the 1970s. [...] Read more at ETFtrends.com.
Have you watched the news lately? A new Covid strain… stories of botched vaccine rollouts… political turmoil… the list goes on and on. On the surface, it seems like nothing but doom and gloom. But today, I want to show you why the world isn’t ending like the media would have you believe. When you [...] Read more at ETFtrends.com.
Main management – 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.
President Joe Biden has finally signed the $1.9-trillion coronavirus relief package, also known as the American Rescue Plan Act of 2021, into law. The optimism surrounding the bill passage was largely visible in the Wall Street rally on Mar 11. The S&P 500 index climbed 1% to
President Joe Biden has finally signed the $1.9-trillion coronavirus relief package, also known as the American Rescue Plan Act of 2021, into law. The optimism surrounding the bill passage was largely visible in the Wall Street rally on Mar 11. The S&P 500 index climbed 1% to
In trading on Friday, shares of the First Trust TCW Opportunistic Fixed Income ETF (Symbol: FIXD) entered into oversold territory, changing hands as low as $52.95 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis i
Novavax NVAX is a formidable name on the list of companies, which are developing a COVID-19 vaccine. It recently announced very impressive updates on its protein-based COVID-19 vaccine candidate, NVX-CoV2373. The company’s vaccine candidate has delivered final efficacy of 96.4%
Novavax NVAX is a formidable name on the list of companies, which are developing a COVID-19 vaccine. It recently announced very impressive updates on its protein-based COVID-19 vaccine candidate, NVX-CoV2373. The company’s vaccine candidate has delivered final efficacy of 96.4%
The housing market, which has been very strong for about a year, is entering into an even better spell. Winter months normally remain subdued for home building as the weather is too wet in the south and severely chilly in the north.
The iShares Russell Mid-Cap Value ETF is seeing unusually high volume in afternoon trading Friday, with over 4.6 million shares traded versus three month average volume of about 529,000. Shares of IWS were up about 0.5% on the day.
In trading on Friday, the iShares U.S. Aerospace & Defense ETF is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of Boeing, up about 6% and shares of Triumph Group, up about 5.6% on the day.