In advance of Election Day, the ALPS Clean Energy ETF (ACES) gained over 20% in the prior 90 days. This timeframe, which includes plenty of positive polling data for Democratic nominee Joe Biden, confirms the correlations between renewable energy ETFs and Biden’s electoral fortunes. ACES follows the CIBC Atlas Clean Energy Index. That benchmark is comprised of U.S.- and Canada-based companies [...] Read more at ETFtrends.com.
The third-quarter earnings picture for the transportation sector has been dismal so far. This is especially true as total earnings for the sector that have been reported so far are down 117.1% on 28.6% lower revenues. It reflects continued operating woes of the airline space, whi
There are concerns that if a blue wave materializes on Election Day, higher taxes will ensue. But this shouldn’t dent the case for dividends; investors shouldn’t be hasty in ignoring exchange traded funds such as the FlexShares Quality Dividend Index Fund (NYSEArca: QDF). With quality investing durable regardless of political outcomes, investors shouldn’t cast QDF [...] Read more at ETFtrends.com.
Clean and renewable energy is taking the investing world by storm this year and issuers of exchange traded funds are meeting demand for related products. The Global X CleanTech ETF (CTEC) is one of the newest entrants to the clean energy ETF fray. CTEC, which debuted last week, follows the Indxx Global CleanTech Index and [...] Read more at ETFtrends.com.
Interest rates are low, but with the right combination of dividend growth and fixed income exposures, advisors can add quality to client portfolios while bolstering income streams. WisdomTree’s series of Select Model Portfolios, featuring PIMCO exchange traded funds, provide foundations for lower risk income in a challenging environment. Moreover, these model portfolios are likely to [...] Read more at ETFtrends.com.
Gold exchange traded funds such as the SPDR Gold Shares (NYSEArca: GLD) and the SPDR Gold MiniShares (NYSEArca: GLDM) are positioned to continue shining after Election Day, particularly if dollar-destructive economic stimulus is unleashed. Gold investors need to ensure their safety belts are buckled tight this week, with the forthcoming election week offering the possibility of stomach-churning [...] Read more at ETFtrends.com.
Like everything else in 2020, Halloween this past Saturday was more intense for parents. I put on my Captains hat and trekked through the neighborhood with groups of children wearing two masks at once. For anyone asking, “what’s your costume?” my reply was simply “isn’t it obvious?” Unfortunately, most did not get that my costume [...] Read more at ETFtrends.com.
The Utilities Select Sector SPDR (NYSEArca: XLU) and other utilities exchange traded funds were somewhat overlooked heading into Election Day, but the income-oriented sector could be subject to electoral implications of its own. “State and local elections on Nov. 3 will have important implications for utilities such as Xcel Energy (XEL), Pinnacle West (PNW) , and [...] Read more at ETFtrends.com.
U.S. banks have been on a tear in recent weeks given the rise in Treasury yields. The 10-year Treasury yields hit the highest level since early June, leading to a steepening of the yield curve. As banks seek to borrow money at short-term rates and lend at long-term rates, a steep
Some market observers believe that a protracted contested election could favor smaller stocks. That scenario could spark opportunity with exchange traded funds, including the Principal U.S. Small-Cap Multi-Factor Index ETF (NASDAQ: PSC). PSC’s underlying benchmark, the Nasdaq US Small Cap Select Leaders Index, “uses a quantitative model designed to identify equity securities (including growth and [...] Read more at ETFtrends.com.
As market participants ponder potential upside with smaller stocks and international equities following U.S. elections, the ERShares International Equity ETF (NYSEARCA: ERSX) is receiving more attention. Investors may want to take heed and evaluate ERSX as results from the 2020 election become clear and the outlook for 2021 does the same. “First, while elections can [...] Read more at ETFtrends.com.
For investors seeking momentum, First Trust NASDAQ Global Auto ETF CARZ is probably on radar. The fund just hit a 52-week high, and is up roughly 112% from its 52-week low price of $19.88/share.But are more gains in store for this ETF? Let’s take a quick look at the fund and th
The e-commerce company Wayfair W reported third-quarter earnings before market open on Nov 3 that breezed past analysts’ estimates. The Wayfair stock gained about 7.2% on Nov 3. The online retailer of furniture, appliances and home decor products has been a winner of the corona
Volatility is the new normal. Market cycles that used to take years play out in months. So how do you manage risks in the new normal? Knee jerk market timing has never been the answer, but a disciplined, rigorous approach to trend following can be the answer. In the upcoming webcast, Time Tested Trend Following [...] Read more at ETFtrends.com.
The year 2020 has been quite a challenge for market participants as well as business houses, largely due to the coronavirus outbreak. Various sectors had to suffer from a shutdown of business activities and a sudden change in lifestyle and preferences of Americans.
Election uncertainty is keeping many investors on the sidelines as they wait for the “all clear” signal. The problem with this approach is that it burdens the average investor with correctly timing the market on when to get back in, which is a feat that even few professionals can pull off let alone consistently. Responding [...] Read more at ETFtrends.com.
Marijuana stocks have rallied in the past few weeks thanks mainly to rising possibility of a Biden victory in the presidential election. A Biden administration is expected to support decriminalization of recreational marijuana and legalization of medicinal marijuana at the federa
Starbucks Corporation (SBUX) released fourth-quarter fiscal 2020 results, after market close, on Oct 29. The company’s earnings and revenues topped estimates but declined sharply year over year. Notably, shares of Starbucks have declined 1.5% since the earnings release, largel
The United States Department of Labor has proposed a new rule that could negatively affect retirement plans, barring fiduciaries from participating in shareholder voting or engaging with companies unless they prove to enhance the economic value of their plan. “The DoL’s new proposal to curb proxy voting rights of plan fiduciaries is likely to adversely [...] Read more at ETFtrends.com.
The housing market and sector-related exchange traded funds have been one area of strength in an uncertain economy that has been ravaged by a coronavirus pandemic. “Diversified stock funds can help investors seek exposure to housing trends in a simple way. Shares of building companies, home improvement retailers and wood product producers all offer the [...] Read more at ETFtrends.com.