The gold price spent the first part of election week trading close to $1,900 per ounce but spiked to around the $1,950 level mid-week. Speaking to the Investing News Network, Frank Holmes, CEO and CIO at U.S. Global Investors, said the price move from the yellow metal didn’t surprise him. In fact, he expects gold [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares MSCI Brazil ETF (Symbol: EWZ) crossed above their 200 day moving average of $30.25, changing hands as high as $30.71 per share. iShares MSCI Brazil shares are currently trading up about 2.7% on the day. The chart below shows the one
Stocks and index ETFs closed the week slightly lower on Friday, following a robust initial election response and weekly run-up in stocks that occurred despite of a still undecided presidential election and a surging number of coronavirus infections. Analysts predict that stocks may be more tepid in the week ahead however, as investors continue to [...] Read more at ETFtrends.com.
It’s no secret – 2020 has been a rollercoaster of emotions, both in the market and out of it. Forward-thinking financial advisors have adopted quantitative investment strategies to combat emotional pitfalls of asset allocation. In the upcoming webcast, A Practitioner’s Guide to Quantitative Investing During Uncertain Times, Chris Shuba, Founder, Helios Quantitative Research; Joe Mallen, [...] Read more at ETFtrends.com.
The social aspect of corporate culture reflects how a firm treats its employees and can also add value and enhance a company. “State Street Global Advisors believes that the single most important driver of long-term value is a strong, independent and effective board exercising high-quality oversight. In turn, we have long appreciated the positive correlation [...] Read more at ETFtrends.com.
BlackRock iShares’ recently launched Kuwait exchange traded fund can help investors take a targeted approach to an emerging Middle East economy. The iShares MSCI Kuwait ETF (CBOE: KWT), which was launched on September 1, tries to reflect the performance of the MSCI All Kuwait Select Size Liquidity Capped Index. KWT comes with a 0.74% expense [...] Read more at ETFtrends.com.
Exchange traded fund investors may be missing out on an opportunity in the small- and mid-cap international equity market segment. “While US investors recognize the potential growth and diversification benefits US SMIDs offer – with 13.3% of their portfolios in them – they seem to have overlooked international SMIDs. According to Morningstar, they have just [...] Read more at ETFtrends.com.
Economic Overview November 1, 2020 As expected, the Advance Estimate for third quarter US Gross Domestic Product showed a massive rebound from Q2’s Covidinduced collapse. GDP rose at a 33.1% annual rate, on the heals of Q2’s stunning -31.4% annualized decline. The data would seem to indicate the US is poised for more of a [...] Read more at ETFtrends.com.
Now more than ever, ETF investors need to get exposed to the quality factor. One ETF that gives investors the necessary exposure to quality by capturing upside via companies that can mute the effects of a downturn is the iShares MSCI USA Quality Factor ETF (QUAL). QUAL seeks to track the investment results of the [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds took pause from their post-Election Day rally as Democrat Joe Biden closes in on the Oval Office. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 0.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was down 0.2%, and iShares Core S&P 500 ETF (NYSEArca: IVV) gained 0.1%. [...] Read more at ETFtrends.com.
Wall Street is showing strong optimism post elections even as the results to the presidential race remain unclear. Notably, the Dow Jones Industrial Average has increased 7.1% week to date. Moreover, the other two major indices, the S&P 500 and Nasdaq, have surged around 7.4%
With yields on U.S. government bonds low and likely to remain that way for some time, deriving income from safe fixed income assets is all the more challenging. The Nationwide Risk-Managed Income ETF (NYSEArca: NUSI) can ease that burden. NUSI can act as a complement to traditional equity and fixed income allocations or as the [...] Read more at ETFtrends.com.
The SPDR— Portfolio MSCI Global Stock Market ETF is seeing unusually high volume in afternoon trading Friday, with over 939,000 shares traded versus three month average volume of about 29,000. Shares of SPGM were up about 0.2% on the day.
In trading on Friday, the First Trust US Equity Opportunities ETF is outperforming other ETFs, up about 2.1% on the day. Components of that ETF showing particular strength include shares of The Trade Desk, up about 27.9% and shares of Cloudflare, up about 22.2% on the day.
Continuing the improving trend of Q3, manufacturing activity kept on maintaining the winning momentum globally in Q4. Readings in several big economies’ manufacturing activities have lately come in favorable giving the signs of strength in global superpowers.
Challenges are plentiful this year when it comes to dividend equities, but there are avenues to enhance client outcomes with payout stocks. Consider the Global Dividend Model Portfolio, which is part of WisdomTree’s Modern Alpha series of model portfolios. “This model portfolio seeks to provide capital appreciation and high current dividend income, through a globally [...] Read more at ETFtrends.com.
Eaton Vance, one of the most venerable names in active mutual fund management, is continuing its quest to embrace a rising movement toward a unique exchange traded fund structure that doesn’t require issuers to disclose holdings on a daily basis. On Thursday, Boston-based Eaton Vance said that “Eaton Vance Management, a wholly-owned subsidiary, and Eaton [...] Read more at ETFtrends.com.
Obviously, the traditional energy sector is out of favor in a big way this year, but some analysts believe the group is poised to rebound, perhaps giving way to upside in exchange traded funds, such as the Alerian Energy Infrastructure ETF (ENFR). ENFR tracks the Alerian Midstream Energy Select Index (CME: AMEI). ENFR acts as a type [...] Read more at ETFtrends.com.
Votes are still being counted in several states, but it’s clear that regardless of the presidential victor, Congress is likely to be divided. That could be useful for exchange traded funds, such as the FlexShares Credit‐Scored US Corporate Bond Index Fund (NasdaqGM: SKOR). SKOR tracks the Northern Trust Credit-Scored US Corporate Bond Index, which focuses [...] Read more at ETFtrends.com.
Wall Street has been on one of its best rallies in history post election given the strong bets for a divided government with the likelihood of the Republicans continuing to control the Senate. Though the Biden-Trump election outcome is not yet finalized with several key states