Wall Street is expected to get a boost from the latest positive development in the stimulus bill. Notably, the Senate approved President Joe Biden’s $1.9-trillion coronavirus relief package, also known as the American Rescue Plan Act of 2021.
Crude oil ETFs are pulling back on Monday from oil’s recent tear higher, amid an oil strike and news that the unexpected OPEC+ move from last week and the resulting oil price spike revealed that the alliance is still in control of the oil market, according to Vitol Group, the world’s largest independent oil [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds diverged Monday, with economically sensitive sectors leaving once high-flying technology shares in the dust. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 1.0%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 2.0%, and iShares Core S&P 500 ETF (NYSEArca: IVV) gained 0.9%. Bolstering cyclical bets, the [...] Read more at ETFtrends.com.
The optimism surrounding another tranche of coronavirus-aid package and coronavirus-vaccine development is hinting at a Wall Street rally in March. On Mar 6, Senate approved President Joe Biden’s $1.9 trillion-American Rescue Plan Act of 2021. Senate had to amend some provision
The first week of March was mixed for Wall Street.The S&P 500 (up 0.81%), the Dow Jones (up 1.82%), the Nasdaq Composite(down 2.1%) and the small-cap Russell 2000 (down 0.40%) were all on a volatile ride due to rising rate worries (read: Top ETF Stories of February Worth Watc
With safe haven Treasury notes on the rise, fixed income investors are starting to explore some more options. One promising route is debt within the financial sector, attainable via the Invesco KBW High Dividend Yield Financial Portfolio (KBWD). “Like all investing strategies, high-yield ETFs are a bit of a balancing act,” a Kiplinger article explained. [...] Read more at ETFtrends.com.
Data provider FactSet noted that international stock ETFs (excluding ‘global’ funds containing U.S. exposure) took in $31 billion in net new assets in the first two months of 2021 compared to $30 billion in 2020. As such, a pair of funds investors may want to consider are the VanEck Vectors China Growth Leaders ETF (GLCN) and [...] Read more at ETFtrends.com.
Inflationary concerns caused bond yields to spike, investors shifted into value stocks, and employment data was better than expected. These and other economic topics are examined in February’s edition of Julex’s Monthly Macro Chart Book. Click here to read the chartbook. Read more at ETFtrends.com.
Mid cap equities are lauded for their ability to strike a balance between large cap stability and small cap growth. Rather than deep dive into a vast sea of mid cap equities, investors can narrow their exposure to the top 400 value-oriented mid caps with the iShares S&P Mid-Cap 400 Value ETF (IJJ). IJJ seeks [...] Read more at ETFtrends.com.
The U.S. economy added 379,000 jobs in February 2021, after an upwardly revised 166,000 rise in January and beating market expectations of a rise of 182,000 thanks to easing business restrictions amid reopening of economies, falling coronavirus infection rates, vaccine distributi
Stocks and index ETFs were mixed to higher, continuing their recovery on Monday, as investors were invigorated by Senate approval of a fresh coronavirus stimulus package, helping to boost companies set to benefit from an economic return. The S&P 500 rose 0.9% buoyed by financial stocks, while the Dow Jones Industrial Average added 460 points [...] Read more at ETFtrends.com.
Redefining Behavioral Finance Despite the countless articles, research studies, and books published on behavioral finance and its impact on financial advice, very few writings provide actionable insights for how to incorporate these concepts into client relationships or the fundamentals of investing. We identified three reasons why in a previous post. Most of the content published on [...] Read more at ETFtrends.com.
Inflation fears and rising yields mean investors haven’t gotten much love from the markets post-Valentine’s Day. That said, investors can strategically position their portfolios for March with a pair of iShares funds through the iShares Core High Dividend ETF (HDV) and iShares Select Dividend ETF (DVY). Both funds recently made Forbes list of top dividend ETFs for [...] Read more at ETFtrends.com.
It’s one thing to get exposure to the small cap rally, but an added benefit is getting exposure to the way these funds have been actually moving. ETF investors can get exposure to both via the Russell 2000 Covered Call ETF (RYLD). As inflation fears put investors on edge, small cap exposure can give them [...] Read more at ETFtrends.com.
The Invesco Dynamic Energy Exploration & Production ETF is seeing unusually high volume in afternoon trading Monday, with over 461,000 shares traded versus three month average volume of about 28,000. Shares of PXE were down about 1% on the day.
The ARK 3D Printing ETF (CBOE: PRNT) is one of the original disruptive technology exchange traded funds and thanks to some unique advances in 3D printing technologies, it remains a staple in the emerging growth lexicon. PRNT is the first US-listed ETF dedicated to the 3D printing theme. The fund is one of two passively managed [...] Read more at ETFtrends.com.
Data confirm investors are pouring cash into international equity funds, a scenario that bodes well for the ERShares NextGen Entrepreneurs ETF (ERSX). ERSX selects the most entrepreneurial, primarily Non-US Small Cap companies, that meet the thresholds embedded in its proprietary Entrepreneur Factor (EF). ERShares’ ETF delivers strong performance across a variety of investment strategies without [...] Read more at ETFtrends.com.
Overall, ETFs gathered about $12.5 billion capital last week, bringing in year-to-date inflows of $164.9 billion, higher than $86.9 billion seen in the year-ago period. International equity ETFs led the way higher last week with $5.9 billion inflows, closely followed by $3.3 bill
In trading on Monday, shares of the Invesco BulletShares 2024 Corporate Bond ETF (Symbol: BSCO) entered into oversold territory, changing hands as low as $22.16 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis ind