Breaking down the Silicon Valley Bank breakdown: What’s happening to Silicon Valley Bank is exactly what we warned about in a report from over a year ago, The Biggest Risk to Portfolios Today (rbadvisors.com). While the original report was written in the context of investor portfolios having concentrated Technology/duration exposure within their stock holdings and [...]
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Investments in midstream and MLPs continue to offer compelling income, especially compared to other equity income investments. While energy markets have been volatile in recent weeks, midstream is a space that has defensive qualities and has the added benefit of generating income to help offset some of the volatility, Stacey Morris, head of energy research [...]
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In trading on Thursday, shares of the BBUS ETF (Symbol: BBUS) crossed below their 200 day moving average of $70.55, changing hands as low as $70.26 per share. BBUS shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of BBUS s
In trading on Thursday, shares of the iShares U.S. Medical Devices ETF (Symbol: IHI) crossed below their 200 day moving average of $51.78, changing hands as low as $51.57 per share. iShares U.S. Medical Devices shares are currently trading off about 0.5% on the day. The chart
In trading on Thursday, shares of the iShares Core S&P 500 ETF (Symbol: IVV) crossed below their 200 day moving average of $394.39, changing hands as low as $392.08 per share. iShares Core S&P 500 shares are currently trading down about 0.4% on the day. The chart belo
VettaFi’s vice chairman Tom Lydon discussed the VanEck Gold Miners ETF (GDX) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” GDX just went above its 200-day moving average, so while it’s a trend following play, Lydon said there are several other reasons why the largest gold miners ETF is an [...]
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Is the bank crisis really over? As quickly as it burst onto the scene, the bank discourse has quieted down following concerted government and financial sector action to halt the contagion that spread from the likes of Silicon Valley Bank (SVB) and First Republic Bank (FRC). As markets shudder awaiting a looming recession, moving from [...]
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The First Trust Nasdaq Semiconductor ETF is seeing unusually high volume in afternoon trading Thursday, with over 878,000 shares traded versus three month average volume of about 36,000. Shares of FTXL were up about 1.6% on the day.
In the wake of the failure of two U.S. regional banks, there have been macro shifts happening in markets as investors flee to the safety of Treasuries while the Fed continues rate hikes and sticky inflation persists. KFA Funds, the sub-advisors for the KFA Mount Lucas Index Strategy ETF (KMLM), hosted a recent webinar to discuss [...]
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By Zachary Hill, CFA® U.S. stocks have clearly perked up so far this year. But now, two key market metrics show a heightened level of risk in domestic equities that we’re watching closely. The chart below highlights both the terminal federal funds rate—the highest expected level for the fed funds rate in the current tightening cycle [...]
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The bank crisis may be in a lull, but just as the bank contagion seems to have quieted, the Fed returned yesterday with yet another 25 basis point rate hike. Just as Federal Reserve chair Jay Powell reiterated the higher rates for a longer regime, Franklin Templeton’s single nation ETFs are showing recent strength and [...]
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The latest rate hike from the Federal Reserve is contributing to an environment in which high-yield bond funds have become increasingly attractive to investors. The Fed on Wednesday raised interest rates by 25 basis points. This latest rate hike – the Fed’s ninth over the past year – raises the target range for the federal [...]
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The Federal Reserve raised interest rates another quarter point this month, though signaled that an end could be in sight as they keep an eye on banking sector turmoil. That turmoil could have spillover effects however, exacerbating many of the risk factors for recession as consumer confidence and spending drop and potentially leading to further [...]
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Rising interest rates have been putting downward pressure on gold, but the shaky banking sector recently pushed prices past the $2,000 mark. With investor confidence in banks waning, this could continue to bolster gold prices as they seek to add precious metals for safety. Along with the rescue of U.S. regional bank First Republic, Europe’s [...]
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In trading on Thursday, the Invesco China Technology ETF is outperforming other ETFs, up about 6.2% on the day. Components of that ETF showing particular strength include shares of Kingsoft Cloud Holdings, up about 17.4% and shares of Dada Nexus, up about 14.8% on the day.
And
Harbor Capital Advisors has renamed its commodity all-weather ETF, positioning the fund as a long-term core component in portfolios. The Harbor Commodity All-Weather Strategy ETF (HGER) was previously known as the Harbor All-Weather Inflation Focus ETF, with the change effective March 1, 2023. The Fund’s name change comes as signs of sticky inflation have recently emerged in the [...]
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As large- and small-cap stocks tumbled yesterday on the latest interest rate hike from the Federal Reserve, investors in the night effect managed to avoid losses. Broad indexes fell sharply on Wednesday afternoon as investors digested the latest Fed meeting, in which the federal funds rate was lifted by 25 basis points. Comments from Fed [...]
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Persistent volatility over the last 12 months has been largely driven by investor uncertainty as to the path of inflation and the Fed’s tightening regime. The U.S. is forecast for heavy economic slowing this year, making now an ideal time to consider collar strategies that have the potential to mitigate and protect against large losses [...]
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In trading on Thursday, shares of the Vanguard FTSE Emerging Markets ETF (Symbol: VWO) crossed above their 200 day moving average of $40.04, changing hands as high as $40.12 per share. Vanguard FTSE Emerging Markets shares are currently trading up about 2% on the day. The cha
In trading on Thursday, shares of the ASHR ETF (Symbol: ASHR) crossed above their 200 day moving average of $29.56, changing hands as high as $29.75 per share. ASHR shares are currently trading up about 2.2% on the day. The chart below shows the one year performance of ASHR s