Airline stocks are on track to record their third straight month of gains on hopes that the coronavirus vaccine will help normalize commercial air travel sooner rather than later. Investors are also betting that U.S. carriers may be in line to receive additional relief in the stimulus package currently being negotiated in Congress. As of [...] Read more at ETFtrends.com.
By Brandon Rakszawski, Senior ETF Product Manager, VanEck When we entered 2020, interest rates were already low, leaving investors searching for yield. As the year unfolded, we saw the U.S. Federal Reserve cut rates down to zero to prop up the economy during the COVID-19 pandemic. Looking ahead, rates are expected to remain low for the foreseeable [...] Read more at ETFtrends.com.
Industrial metals are well on their way to being among the top performers of 2020, supported by red hot demand from China and global supply concerns. As of Friday, the MSCI Industrial Metals Index—which tracks the price of copper, nickel, aluminum and more—was up 21.4% year-to-date, just below the index of precious metals, up 21.9%. [...] Read more at ETFtrends.com.
By Fran Rodilosso, Head of Fixed Income ETF Portfolio Management, CFA, VanEck The classic 60/40 portfolio has been challenged due to the extremely low yields in developed markets currently, with prospects for a meaningful increase appearing unlikely any time soon. This has driven many investors to increase their risk exposure to maintain an adequate yield, [...] Read more at ETFtrends.com.
By Scott Welch, CIMA ®, Chief Investment Officer – Model Portfolios, WisdomTree You know the day destroys the night Night divides the day Tried to run Tried to hide Break on through to the other side Break on through to the other side Break on through to the other side, yeah… (From “Break on Through [...] Read more at ETFtrends.com.
Wall Street seems to be ready with Christmas presents for investors in the form of solid returns. Optimism among market participants is high on positive news surrounding the coronavirus vaccine and another round of fiscal stimulus. Consequently, the Dow Jones Industrial Average d
At 30,000 feet in the air, a passenger was suddenly crippled by severe chest pains. The flight attendant called over the loudspeaker, “Is there a doctor on board?” A tall man rose from seat 6C. And the first thing Dr. Eric Topol reached for was his iPhone. He plugged a credit card-sized heart monitor into the phone [...] Read more at ETFtrends.com.
“Within 20 years, machines will be capable of doing anything man can do.” Take a stab at when this quote is from. It wasn’t this year, 2010, or even during the ‘90s tech boom. It’s from one of America’s top computer scientists: in 1960. You’ve surely heard about Artificial Intelligence (AI) before. “AI” often conjures up images of [...] Read more at ETFtrends.com.
For investors looking for momentum, SPDR S&P Internet ETF XWEB is probably a suitable pick. The fund just hit a 52-week high and is up 196.3% from its 52-week low price of $53.49/share.
Investors can look to semiconductor sector-specific exchange traded funds as chipmakers struggle to meet a global shortage of chips for electronic devices for laptops, smartphones, TVs, and more. Industry executives and analysts attributed an ongoing global shortage in semiconductors to bulk-buying by U.S. sanctions-hit Chinese technology giant Huawei Technologies, a fire at a chip plant [...] Read more at ETFtrends.com.
For investors looking for momentum, ProShares Long Online/Short Stores ETF CLIX is probably a suitable pick. The fund just hit a 52-week high and is up 97.5% from its 52-week low price of $47.95/share.
Investors can turn to exchange traded funds to track the expansion of U.S. infrastructure, even if the incoming Joe Biden administration doesn’t make good on plans for increased fiscal spending. President-elect Joe Biden promised on the campaign trail to push through a $2 trillion plan to upgrade the country’s infrastructure and combat climate change by [...] Read more at ETFtrends.com.
Amid an already hectic trading session, as investors contend with larger-than-normal trading volumes due to quadruple witching, the phenomenon when options and futures on indexes and equities expire, electric automaker Tesla is on the precipice of joining the ranks of the S&P 500, in what will be the largest rebalancing in the history of that index. Tesla [...] Read more at ETFtrends.com.
Nasdaq announced index changes last week that will be reflected in the Invesco QQQ Innovation Suite. This will be the first time investors will be able to easily capture not only the movement of companies between the Nasdaq 100 and the Nasdaq Next Gen 100 Index, but the addition of 41 new innovators to the [...] Read more at ETFtrends.com.
The U.S. housing sector has impressed investors with encouraging performance amid the tough pandemic times. However, builder confidence for newly built single-family homes pulled back from record-high levels in December. Per the monthly National Association of Home Builders (NAHB
Uranium mining sector-related exchange traded funds have enjoyed a stellar month after the U.S. Senate Committee on Environment and Public Works approved a bipartisan American Nuclear Infrastructure Act that includes a national strategic reserve of uranium. Over the past month, the North Shore Global Uranium Mining ETF (NYSE: URNM) increased 44.2% and the Global X [...] Read more at ETFtrends.com.
Cybersecurity stocks and sector-related exchange traded funds are rallying as details emerge on a broad attack of U.S. federal systems. Among the best performing non-leveraged ETFs of Friday, the Global X Cybersecurity ETF (BUG) rose 6.6% and the First Trust NASDAQ CEA Cybersecurity ETF (NasdaqGM: CIBR) rose 3.9%. Cybersecurity stocks are gaining momentum after suspected Russian [...] Read more at ETFtrends.com.
Stocks slumped from fresh highs on Friday as lawmakers hastened to iron out differences over new coronavirus stimulus measures. The Dow Jones Industrial Average lost about 0.4%, while the S&P 500 slipped a similar amount. Meanwhile the Nasdaq Composite traded 0.1% lower, attempting to stay near breakeven. All three benchmarks tagged fresh intraday highs in [...] Read more at ETFtrends.com.
RiverFront Investment Group has published the 2021 Outlook, for financial advisors to use with their clients in discussing RiverFront portfolios. This guide covers material related to new cycles for the new year, the risks to look out for, and how to position a portfolio. Looking at next year, RiverFront is placing a high probability of positive [...] Read more at ETFtrends.com.
The U.S. market is in great shape as 2020 is nearing its end, thanks mainly to vaccine and stimulus optimism, a dovish Fed and slowly dissipating global growth worries. The S&P 500, the Nasdaq and the Dow Jones are hovering around record highs as the Santa rally is keeping Wa