By Behnood Noei Associate Director, Fixed Income & Andrew Okrongly, CFA Director, Model Portfolios Last year was the worst on record for U.S. bond investors. But we believe there are two important consequences for portfolio construction that came from this challenging market environment. First, there is “income back in fixed income,” and with what we believe to [...]
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By David Schassler Head of Quantitative Investment Solutions We expect oil to hold its value due to significant supply-demand imbalances, with the anticipated risk from economic downturns overstated despite investor apprehension from past recessions. We have been super vocal about the opportunities available in commodities. There are significant and structural supply and demand imbalances across [...]
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Only eight funds debuted during the week ending August 11. The new ETF launches included a sustainable commodity fund from USCF Advisers, two fixed income ETFs from Strive Asset Management, and an options strategy ETF targeting Netflix stock from YieldMax. Among the other fund rollouts was the LAFFER | TENGLER Equity Income ETF (TGLR), which [...]
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To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn.
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Investing in companies with strong corporate culture and social performance may enhance performance. Inefficiencies create opportunities. At Harbor, the investment process of Harbor Corporate Culture ETF (HAPI) is built upon the motivation of an employee and the influence of positive corporate culture. These intrinsic motivators are difficult (but not impossible) to quantify. With the help [...]
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There’s been more talk lately about aiming for diversification through international investing, which wasn’t a major topic of discussion for a while. What’s making investors pay more attention to that space and how should they approach it? Is it better to keep it simple and invest in a broadly based international fund or to get [...]
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Recent flows into Invesco’s BulletShares ETFs unveil some key trends among investors. Notably, investors in BulletShares ETFs are staying investment grade and largely keeping duration short- to intermediate-term. However, fixed income ETFs with longer durations are seeing a recent uptick in attention. Risk-averse investors are sticking to the short end of the yield curve, while [...]
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Broad Market Commentary & Social Media Shares Fixed income was all in the news last week. Arguably, the Fitch treasury downgrade and other signs of trends in credit spreads could throw a wrench into the possibility of a soft landing. Worse than that, it also seems that inflation will remain higher for longer, which could [...]
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The First Trust Nasdaq BuyWrite Income ETF is seeing unusually high volume in afternoon trading Friday, with over 198,000 shares traded versus three month average volume of about 34,000. Shares of FTQI were off about 0.7% on the day.
August is typically a tame month when it comes to market activity, but as summer winds down, vacationing subsides, and school gets back in session, potential fall volatility is ahead. This creates an opportunity for direct indexing. The strategy involves mimicking an index — like the S&P 500, for example — and purchasing the holdings [...]
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Invesco’s energy ETF is rallying as global oil demand reaches record levels. Global oil demand hit a record level in June and could peak again in August, the International Energy Agency said on Friday. Demand is boosted by strong summer air travel, increased oil use in power generation, and surging petrochemical activity in China, according to the [...]
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As we enter the second half of 2023, the S&P Total Return Index is up 16.9% and is now just 5.6% from making a new all-time high. Looking at the chart to the right (Chart1), ever since the top of the bear market downtrend channel was broken and then tested back in January, it has [...]
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It’s time for our annual August report, “Charts for the Beach.” Each year we highlight five of our favorite charts we think consensus is currently overlooking. So, head for the beach, but be safe and heed the warnings about the critical lifeguard shortages. (Yet another sign the labor markets are historically tight!) Are there really [...]
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The inflation narrative remains a complex one, extending investor uncertainty and volatility in equities and bonds alike. Advisors and investors seeking consistent income opportunities need look no further than the NEOS Enhanced Income Cash Alternative ETF (CSHI) for its steady monthly distributions this year. July’s CPI print of 3.2% comes in slightly higher month-over-month than [...]
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Summary In last Tuesday’s Chart Jamboree, we discussed how the domestic equity market indices were closer to resistance than support. Don’t be surprised by some type of short-term pause/pullback. Following last week’s tape action, I am still of that short-term opinion. 4600 Target Achieved and… *** Next Tech Talk report mid-August *** Shortly after the [...]
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In trading on Friday, the Silver Miners ETF is outperforming other ETFs, up about 1.8% on the day. Components of that ETF showing particular strength include shares of Coeur Mining, up about 7.6% and shares of Mcewen Mining, up about 4.9% on the day.
And underperforming other
In trading on Friday, shares of the iShares Asia 50 ETF (Symbol: AIA) crossed below their 200 day moving average of $59.19, changing hands as low as $58.80 per share. iShares Asia 50 shares are currently trading off about 1.7% on the day. The chart below shows the one year pe
In trading on Friday, shares of the iShares MSCI All Country Asia ex Japan ETF (Symbol: AAXJ) crossed below their 200 day moving average of $66.47, changing hands as low as $66.30 per share. iShares MSCI All Country Asia ex Japan shares are currently trading down about 1.4% on
In trading on Friday, shares of the KWEB ETF (Symbol: KWEB) crossed below their 200 day moving average of $28.91, changing hands as low as $28.72 per share. KWEB shares are currently trading off about 3.7% on the day. The chart below shows the one year performance of KWEB sha
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Financial Select Sector SPDR Fund, where 18,850,000 units were destroyed, or a 1.9% decrease week over week. Among the largest underly