Summary The Ned Davis Research Catastrophic Stop Loss Model has been fully invested since November 2022. Compared to its S&P 500 benchmark, it has remained on the correct side of the trend. Barring a change by the model and with a new bullish Zweig Breadth Thrust and with credit spreads contained (reach out for a [...]
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In a recovery year for global equities, investment returns are all over the ‘map.’
Major U.S. indices are up but lagging developed international peers. The growth investment style is significantly outperforming value. Both cases are departures from recent stretches when domestic
HDQ Wealth’s Harrison Quinn was interviewed at Exchange. “I’ve been to a handful of conferences and they are fine, but as you can hear around us and see [all] the people it’s loud, it’s very collaborative, people are chatting, there’s a lot of forward-thinking people,” Quinn said. He continued, “absolutely one of my favorite conferences. Looking [...]
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Over the past 20 years, the night effect has been particularly prominent during April. The overnight session often behaves better than the day session in that it frequently captures much of the upside while avoiding significant downturns. This is referred to as the night effect, a phenomenon whereby equities have historically performed better when local [...]
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U.S. companies announced nearly 90,000 layoffs in March, up 15% from the 78,000 announced in February and up 319% from the more than 21,000 cuts announced in the same month in 2022, according to a report released Thursday from global outplacement and business and executive coaching firm Challenger, Gray & Christmas. March’s total marks the [...]
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ETFs have all sorts of well-documented advantages, from tax flexibility to transparency, but the wrapper has other strengths, too. One such benefit is how the ETF vehicle can protect investors from bearing the brunt of the spreads in the ETF’s underlying holdings. As recently brought up on FinTwit by Bloomberg senior ETF analyst Eric Balchunas [...]
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As consumers remain resilient against rising interest rates, leisure and entertainment ETFs present an interesting opportunity for investors. The Invesco Dynamic Leisure & Entertainment ETF (PEJ) is well positioned as discretionary spending remains elevated and travel continues to bounce back to pre-pandemic levels. “I think we’re seeing that the consumer continues to remain strong. I [...]
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VettaFi’s vice chairman Tom Lydon discussed the ERShares Entrepreneurs ETF (ENTR) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Entrepreneurial companies are on fire, positioning the ERShares Entrepreneurs ETF (ENTR) among the rising ETFs. “This ETF is one of the best-performing ETFs in the first quarter. So I’m just [...]
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Recession is on the horizon, or potentially already here, and the added stress of banking sector risk alongside a jobs market that might finally be cooling makes positioning portfolios now for further economic slowing and recession a high priority. For investors who are looking to remain in long-duration Treasuries but are seeking better performance and [...]
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Most investors and advisors are by now very familiar with how strong fixed income has been so far this year. Fixed income ETFs have added $52 billion to start 2023, a big part of the overall $80 billion ETFs have taken in. With so many different types of fixed income offerings, active, all-term bond ETFs [...]
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Summary Narrow leadership, comparable to what we have seen since the beginning of 2023, is worrisome. Bob Farrell once said, “Markets are strongest when they are broad, and weakest when they narrow to a handful of blue-chip names.” Also, the small positive divergence in “Small-Cap land” must be built on! Hello? (Hello? Hello?) Hello? (Hello? [...]
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With the first quarter of 2023 now in the rearview mirror, it’s interesting to see that amid all the jitters that marked market action – a banking crisis, stubborn inflation, rates and recession fears – the tally of “winners” for the quarter features a risk-on favorite: technology stocks. Among S&P 500 sectors, technology (as measured [...]
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Direct indexing involves an investor buying an equity index directly, rather than through a fund. There are many reasons why an investor may want to engage in this strategy, from expressing ESG preferences to counterbalancing a large position in a portfolio to tax reduction. Direct indexing can be useful for investors holding significant amounts of [...]
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By David LaValle, Grayscale’s global head of ETFs We recently celebrated the 30th anniversary of the birth of the ETF in the US market. These days, the idea of buying one security to get market cap-weighted exposure to the S&P 500 is considered simple when it comes to investing, but back in 1993, this type [...]
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The recent rally of physical gold has served as a reminder of the challenge in trying to time the market. While gold has not served as a great inflation hedge in the recent economic environment, history has demonstrated that its best performance is generally later in the economic cycle. The price of gold, for the [...]
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Dividends were hot to end last year and enter into 2023. While the year did start with a notable mini-rally, current income is still worth adding to a portfolio to mitigate volatility. On top of last month’s bank crisis, the Fed isn’t stopping its fight against inflation. These and other challenges may invite advisors and [...]
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The FT Cboe Vest Rising Dividend Achievers Target Income ETF is seeing unusually high volume in afternoon trading Thursday, with over 276,000 shares traded versus three month average volume of about 68,000. Shares of RDVI were up about 0.5% on the day.
In trading on Thursday, the ARK Genomic Revolution ETF is outperforming other ETFs, up about 2.3% on the day. Components of that ETF showing particular strength include shares of Butterfly Network, up about 14.2% and shares of Ginkgo Bioworks Holdings, up about 9.3% on the day
In trading on Thursday, shares of the FUTY ETF (Symbol: FUTY) crossed above their 200 day moving average of $45.01, changing hands as high as $45.20 per share. FUTY shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of FUTY s
Bank turmoil, Fed interest rate hikes, sticky inflation, geopolitical tension, economic recession — you can name almost any of the major risk factors, and markets and investors have had to contend with the possibility or reality in the last year. A major risk that often gets overlooked however, but that will have an outsized impact [...]
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