Energy-related exchange traded funds were among the hardest hit areas on Monday as fears of another round of coronavirus shutdowns and the return of Libyan oil supplies weighed on the crude market. Among the worst performing non-leveraged ETFs of Monday, the VanEck Vectors Oil Service ETF (NYSEArca: OIH) fell 3.8% and iShares U.S. Oil Equipment [...] Read more at ETFtrends.com.
Stocks and index ETFs are plummeting Monday amid surging coronavirus infections and stalled negotiations for a pre-election, fiscal stimulus package. Still unable to reach their prior highs, markets could be making a double top, as the Dow Jones Industrial Average tumbled nearly 1000 points lower, or more than 3.3%, and is targeting its largest one-day [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds retreated Monday, with the Dow Jones Industrial Average on pace for its worst session in over seven weeks, as a resurgence in coronavirus cases and no relief package in sight weighed on the economic outlook. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) dropped 2.6%, SPDR Dow Jones [...] Read more at ETFtrends.com.
Inflation fears have crept back into the capital markets, according to global investment firm Goldman Sachs. A recent Reuters article noted that a confluence of other factors like a weaker dollar and rising demand for commodities could accompany inflation. “A weaker U.S. dollar, rising inflation risks and demand driven by additional fiscal and monetary stimulus [...] Read more at ETFtrends.com.
Self-sufficiency within a five-year timeframe will be one of the goals for China when its policymakers meet to discuss the economy this week, according to a recent Bloomberg article. This ambitious goal could bode well for China-focused exchange-traded funds (ETFs). Per the article, the goal of the meeting is “to hammer out the country’s future [...] Read more at ETFtrends.com.
Fixed income investors understand how difficult it is trying to squeeze out as much income as possible via safe haven options like government debt. Fortunately, there are exchange-traded funds (ETFs) that offer strategic exposure to other income-generating sources like covered calls via the Global X Nasdaq 100 Covered Call ETF (QYLD). The fund follows a [...] Read more at ETFtrends.com.
As speculation swirls in the capital markets on the proverbial ‘blue wave’, a Democratic majority in the White House can certainly help boost clean energy. This could bode well for the VanEck Vectors® Low Carbon Energy ETF (SMOG). “An aggressive push towards 100% renewable energy would save Americans as much as $321bn in energy costs, while [...] Read more at ETFtrends.com.
By Mason Wev, CFA, CMT, Portfolio Manager 2020 has proven to be the one of the most turbulent and challenging years in recent memory and for many investors, what stands out most is the historic gaps between winners and losers. The NASDAQ was up 11.0% for the quarter, and 24.5% for the year, while large-cap value stocks [...] Read more at ETFtrends.com.
A Democratic “blue wave” in the White House is already prompting traders to position themselves for gains should a new administration under presidential hopeful Joe Biden take over as the leader of the free world. Nigel Green, the CEO of one of the world’s largest independent financial advisory and fintech organizations, noted that certain sectors [...] Read more at ETFtrends.com.
There’s considerable talk that value stocks could be back in style following Election Day, a scenario that could shine a light on the AGFiQ U.S. Market Neutral Value Fund (NYSEArca: CHEP). AGFiQ’s market neutral ETFs don’t focus on going long stock components that have historically exhibited minimal swings in volatility. Instead, the market-neutral ETFs hold [...] Read more at ETFtrends.com.
The FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEArca: NFRA) is an example of an exchange traded fund that should benefit regardless of what happens on Election Day. Both President Trump and former Vice President Joe Biden have ambitious infrastructure plans. NFRA tries to reflect the performance of the STOXX Global Broad Infrastructure Index, which [...] Read more at ETFtrends.com.