U.S. markets and stock exchange traded funds rebounded Thursday on easing fears of a market bubble as investors refocus on quarterly earnings. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 1.1%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 1.2%, and iShares Core S&P 500 ETF (NYSEArca: IVV) gained 1.2%. Market observers are [...] Read more at ETFtrends.com.
Speculators and retail investors are furious after well-known retail brokerages restricted trading in speculative names like GameStop on Thursday. Robinhood and Interactive Brokers raised margin requirements on certain securities, stating that in some cases, investors would be able to only liquidate existing positions and not initiate any new ones. Hedge fund Melvin Capital closed out its short [...] Read more at ETFtrends.com.
Wall Street had a rough day on Jan 27 as all three major indices plunged. The Dow Jones Industrial Average saw its worst trading day since Oct 28, 2020, declining 2.1%. Going on, witnessing its biggest decline in three months, the S&P 500 index plunged 2.6% on the day. The Na
Stocks and index ETFs are recovering from their biggest one-day losses since October on Wednesday, driven lower by speculative buying in heavily shorted stocks like GameStop. GameStop has been a favorite on the WallStreetBets Reddit chat room, as investors have successfully driven the stock over 300% higher. On Wednesday, the surging stock sank over 20% in [...] Read more at ETFtrends.com.
While 3D printing has been around for a while, its investment potential is still in the early innings. The recent renaissance of the ARK 3D Printing ETF (CBOE: PRNT) is just getting started. PRNT is the first US-listed ETF dedicated to the 3D printing theme. The fund is one of two passively managed products from New York-based [...] Read more at ETFtrends.com.
The WisdomTree Cloud Computing ETF (WCLD) was the star of cloud computing exchange traded funds last year. It has more to give in 2021. The WisdomTree Cloud Computing Fund seeks to track the price and yield performance, before fees and expenses, of the BVP Nasdaq Emerging Cloud Index, an equally weighted index designed to measure [...] Read more at ETFtrends.com.
It’s abundantly clear that the Federal Reserve has no choice but to keep interest rates low for an extended period of time, likely several years. That’s put added emphasis on selecting the right income-generating investments. For advisors seeking quality income assets for client portfolios, the Siegel-WisdomTree Longevity and Siegel-WisdomTree Global Equity Model Portfolios are strategies [...] Read more at ETFtrends.com.
Disruptive growth and innovation are now the cornerstones of many investment strategies. The ALPS Disruptive Technologies ETF (CBOE: DTEC) is a prominent example. DTEC is a relevant consideration over the near-term and over longer holding periods, because significant disruption is already happen in a myriad of industries. Data confirm disruptive and thematic strategies deliver for investors. “This [...] Read more at ETFtrends.com.
Wall Street crashed on Jan 27 with the SPDR S&P 500 ETF Trust SPY, SPDR Dow Jones Industrial Average ETF Trust DIA, the Nasdaq-100 based Invesco QQQ Trust QQQ and the small-cap iShares Russell 2000 ETF IWM losing about 2.4%, 2%, 2.8% and 1.8%, respectively.
Momentum Continues for the Evolving Workplace and Consumer Technological and societal trends are always in motion. Lately, some of the most significant changes are happening directly in our day-to-day with work and life. The workplace has changed dramatically over the years, in almost every way possible, and that was especially true in 2020. How consumers [...] Read more at ETFtrends.com.
Stocks and index ETFs are rallying on Thursday after a steep sell-off on Wednesday, in which the S&P 500 and the Dow Jones Industrial Average tumbled to levels not seen in months. After a more than 100 point drop on Wednesday, the S&P 500 advanced 1.6%, fueled by health care and utilities stocks. Meanwhile, the [...] Read more at ETFtrends.com.
2021 has already been a fickle year for the big banks. The group of JP Morgan, Citigroup, Bank of America, Goldman Sachs, Wells Fargo, and Morgan Stanley mostly reported Q4 earnings and revenue above consensus analyst estimates, keeping with the long-term trend. This time around, only Bank of America, Wells Fargo, and Citigroup came in [...] Read more at ETFtrends.com.
The Entrepreneur 30 Fund (ENTR) offers a unique, diversified approach to factor investing, and while it’s not a dedicated technology fund, its tech exposure remains meaningful. The Entrepreneur 30 Fund tries to reflect the performance of the Entrepreneur 30 Index, which is comprised of 30 U.S. companies with the highest market capitalizations and composite scores [...] Read more at ETFtrends.com.
The Invesco S&P 500— Equal Weight Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Thursday, with over 278,000 shares traded versus three month average volume of about 45,000. Shares of RCD were up about 1.8% on the day.
In trading on Thursday, the Silver Miners ETF is outperforming other ETFs, up about 6.5% on the day. Components of that ETF showing particular strength include shares of First Majestic Silver, up about 17.9% and shares of Hecla Mining, up about 15.9% on the day.
After the closing bell on Jan 27, Facebook FB delivered robust fourth-quarter 2021 results wherein it beat both earnings and revenue estimates. However, the company’s warning over advertising revenues for this year made investors jittery.
Environmental, social, and, governance (ESG) exchange traded funds, including the FlexShares STOXX US ESG Impact Index Fund (CBOE: ESG) and the FlexShares STOXX Global ESG Impact Index Fund (CBOE: ESGG), notched an array of milestones last year. Those landmarks include outperforming traditional equity benchmarks and a prolific pace of asset gathering. “Assets invested in ESG [...] Read more at ETFtrends.com.
1. Growth: Expect robust 2021 growth as conditions continue to normalize post-vaccine and policy remains accommodative. Key point: Larger fiscal stimulus expectations have begun to raise forecasts for growth. Bottom line for fixed income investors: Expect growth to keep upward pressure on rates, but also support spread levels. 2. Inflation: Higher growth and stimulus should cause [...] Read more at ETFtrends.com.
After recently hitting all-time highs around $42,000, Bitcoin has tumbled. Following a one-week decline, the largest digital currency is now trading around $32,000. On that basis, a recently revealed $50,000 for the crypto asset looks appealing, though it’s modest compared to some other long-term projections, many of which go deep into six-figure territory. “Bitcoin’s price [...] Read more at ETFtrends.com.
Smaller stocks are thriving and their mid cap compatriots are joining in. Investors can tap into that trend while limiting single stock risk with the Invesco S&P MidCap 400 Equal Weight ETF (NYSEARCA: EWMC). EWMC, which is just over a decade old, tracks the S&P MidCap 400 Equal Weight Index. Mid caps and equally-weight strategies [...] Read more at ETFtrends.com.