Nasdaq ETFs

The last year’s debate may have been whether inflation was sticky or not, but really, it’s the debate itself that seems to be the stickiest. It’s a top concern for advisors and their clients and was the subject of the How to Tackle Inflation panel at Exchange ETFs in Miami on Monday, hosted by ETF [...] Read more at ETFtrends.com.

Corey Hoffstein’s Flirting With Models kicked off a new season at Exchange with a live recording of Hoffstein’s deep-diving interview with Mutiny’s Jason Buck, who he introduced as “the world’s most interesting man.” Buck’s company, Mutiny, is an unusual investment firm designed around ‘anti-fragility’ or ‘crisis alpha’ that is intended to achieve large asymmetric gains [...] Read more at ETFtrends.com.

With many interconnecting challenges, from climate change to political extremism to hot wars, the world is amid a polycrisis. During a panel led by VettaFi financial futurist Dave Nadig on Monday at Exchange: An ETF Experience, financial thought leaders discuss how institutions that have historically helped navigate global problems – governments, corporations, universities – are now [...] Read more at ETFtrends.com.

Our Cash Indicator methodology acts as a plan in case of an emergency. This is analogous to the multiple safety systems in a modern automobile, which includes an airbag. Importantly, each of these systems work together to potentially help smooth the ride. We manage risk within our strategic, long-term allocations based on diversification across equity, [...] Read more at ETFtrends.com.

Many of the heavily growth-oriented companies in the U.S. are making large reductions in 2023 to weather the predicted economic challenges this year and position for recovery on the other side of the economic downturn. For advisors looking to take the guesswork out of timing exposure to the space or looking to reduce the volatility [...] Read more at ETFtrends.com.

The chance of a recession has increased. Executive Summary Our Equity Model’s 6-month forecast for the S&P 500 dropped to a significant negative, -12.3%. Manufacturing and consumer spending have weakened, while the labor market remains strong. Last year, we witnessed the worst market decline since 2008. This year began on a positive note, with the [...] Read more at ETFtrends.com.

Calamos Investments, in collaboration with NBA star Giannis Antetokounmpo, has announced the launch of the Calamos Antetokounmpo Global Sustainable Equities ETF (SROI) on NYSE ARCA. The fund is one that seeks to deliver long-term capital appreciation by investing in quality growth companies that employ ESG principles in their business model. SROI is actively managed and [...] Read more at ETFtrends.com.

Prior to Ian Bremmer’s powerful keynote and Dave Nadig’s mind-bending Future of Finance panel, roughly two dozen Exchange participants joined in a beach clean up with Surfrider. Armed with grabbers and buckets, the volunteers combed through the beach to extract plastics and other trash. Surfrider volunteer Tanja Morariu explained the importance of the organization and [...] Read more at ETFtrends.com.

Exchange traded funds (ETFs) remain a fraction of the total global financial market in both equities and fixed income, ranging from 3.9%-12.6% of equities and 0.3%-2.5% of fixed income assets by region

Despite capital markets being tough last year, ETFs brought in roughly $620 billion in net cash flow, with 14% of those flows going to actively managed ETFs. So, why are active ETFs becoming so popular? Holly Framsted, head of ETFs at Capital Group, told attendees at Exchange: An ETF Experience on Monday that the reason [...] Read more at ETFtrends.com.

The Invesco Water Resources ETF is seeing unusually high volume in afternoon trading Monday, with over 605,000 shares traded versus three month average volume of about 88,000. Shares of PHO were off about 1.5% on the day. Components of that ETF with the highest volume on Monda

Just days since the SPDR S&P 500 ETF (SPY) celebrated its 30th birthday, investors may be looking around the booming world of ETFs to find the next billion-dollar idea or strategy. One way to scrutinize and identify the right ETF may be looking at advisor habits and the trends they’re looking at this year. For [...] Read more at ETFtrends.com.

As expected, the U.S. central bank raised the federal funds rate by 25 basis points on Wednesday, bringing the key interest rate to a range of 4.5% to 4.75%. Though the Fed gave little indication it is nearing the end of the hiking cycle, tech stocks rallied on bets that the terminal rate will be reached soon. Yet the January jobs report shattered expectations on Friday. The U.S. economy indeed created 517,000 jobs last month, blowing away the most optimistic forecasts. There are no signs the hot job market is cooling down even if tech companies have already laid off more than 65,000 employees since January 1, in the wake of mixed quarterly results.  The Nasdaq Composite jumped 3.31%, notching its fifth consecutive weekly gain. The tech-heavy index is up 14.72% year-to-date. The S&P 500 rose 1.62% week-over-week (up 7.73% YTD). By contrast, the Dow Jones Industrial Average edged down 0.15% (up 2.35% YTD). In Europe, the MSCI EMU gained 2.07% (up 12.17 YTD). The European Central Bank lifted its three key interest rates by a half-point on Thursday, signaling it would "stay the course" in keeping rates at levels that are sufficiently restrictive to ensure a timely return of inflation to the 2% medium-term target. The base interest rate on loans was raised to 3%, the deposit rate to 2.5%, and the margin loan rate to 3.25%. President Christine Lagarde said the ECB intended to hike by another 50 basis points in March.  In the U.K., the FTSE 100 added 1.76% (up 6.04% YTD). At its meeting ending on 1 February 2023, the Bank of England voted by a majority of 7–2 to increase its interest rate by 50 basis points, to 4%.  In Asia, the Nikkei posted its fourth positive week in a row (+0.46%, +5.42% for the year) while the Shanghai Composite was hovering just above 3,260 points (down 0.04%, up 5.64% YTD). India’s Nifty 50 partially recovered (+1.42%) from the losses suffered in January. Crash in Adani and stocks linked to the conglomerate put Indian shares on course to significantly underperform their Asian peers. The Nifty still lost 1.39% YTD. Tech reigns supreme despite mixed quarterly earnings from major U.S. firms   Once again, the surge in growth corners of the market appeared to come at the expense of value sectors.  Energy, utilities and health care stocks weighed on upside momentum. The energy sector took a nosedive (down 5.94% over the week). WTI crude oil prices slumped (-7.89%) as U.S. industrial-linked factory orders dipped. Natural Gas prices sank amid reduced demand due to above-normal weather conditions. Utilities fell 1.49% while health care stocks limped (down 0.10%) to a six-week losing streak. Those three S&P sectors are the worst performers this year along with consumer staples. In contrast, appetite for cyclical sectors continued to grow. Communication services led the pack (+5.28%) with Meta stocks (META) up 22.93% week-over-week (+55% YTD). The company reported fourth-quarter revenue that topped estimates while announcing a $40 billion share buyback program. Information technology fared well (+3.75% for the week) in the wake of Apple (APPL, up 5.87%) and Microsoft stocks (MSFT, up 4.11%). Consumer discretionary took third place on the podium (up 2.25%), boosted by TESLA (TSLA, +6.79% for the week, +54.23% YTD). Elon Musk said the EV manufacturer could sell two million cars this year if there are no external interruptions. Wind in the sails for bond markets The Federal Reserve announced Wednesday that it raised its key federal funds rate by 0.25% to a range of 4.5%-4.75%. Though Powell said there is more work to do before pausing the Fed’s rate hike cycle, traders bet that the Fed could put its aggressive tightening campaign on hold sooner than expected. Fed funds futures suggest that the terminal rate will hit just under 5% in June this year. The benchmark 10-year T-note yield remained virtually unchanged week-over-week at 3.52% after losing 13 basis points following Powell’s speech. It leaped on Friday in the wake of a strong U.S. jobs report. Nonfarm payrolls surged by 517,000 jobs in January, well above the 185,000 market estimate. In Europe, the yield on the German 10-year Bund fell 5 basis points to 2.19% while the French OAT yield with the same maturity closed at 2.65% (down 6 basis points too).  The corporate bond rally showed no sign of waning. Investment grade corporate bond prices were up 0.74% in Europe (IBOXX € Liquid Corporates index) and up 0.41% in the U.S. (IBOXX Ishares $ Investment Grade Corporate Bond Index). High-yield bonds posted their sixth weekly rise in a row in Europe (IBOXX € Liquid High Yield Index up +1.04%). They added 0.90% in the U.S. (Markit iBoxx USD Liquid High Yield Capped Index). Emerging debt in local currencies edged up 0.04% while the dollar index bounced back to 103.

In trading on Monday, the iShares U.S. Insurance ETF is outperforming other ETFs, up about 0.7% on the day. Components of that ETF showing particular strength include shares of Cna Financial, up about 2.1% and shares of Kinsale Capital Group, up about 2% on the day.

Geopolitics came back to the fore of investors’ minds last year in almost the biggest way possible with Russia’s invasion of Ukraine. The invasion has thrown global energy and commodities markets for a whirl, and the future of Ukraine and Europe overall is in the balance. Geopolitics is more than just Europe and more than [...] Read more at ETFtrends.com.

State Street executives paid tribute to Kathleen Moriarty, the lawyer instrumental to developing the SPDR S&P 500 ETF (SPY), who passed away in December. “Kathleen was the epitome of a lawyer. She became the go-to lawyer in this industry,” said Jim Ross, executive vice president of State Street Global Advisors (SSGA) and chairman of the [...] Read more at ETFtrends.com.

It remains to be seen just how durable this year’s growth stock rebound will be, but one thing is clear: There’s obvious momentum for the artificial intelligence (AI) investing theme.

In trading on Monday, shares of the First Trust Nasdaq Oil & Gas ETF (Symbol: FTXN) crossed below their 200 day moving average of $27.27, changing hands as low as $26.98 per share. First Trust Nasdaq Oil & Gas shares are currently trading off about 1.9% on the day. Th

In trading on Monday, shares of the Vanguard Mortgage-Backed Securities ETF (Symbol: VMBS) crossed below their 200 day moving average of $46.87, changing hands as low as $46.54 per share. Vanguard Mortgage-Backed Securities shares are currently trading off about 0.8% on the da

In trading on Monday, shares of the iShares Core Total USD Bond Market ETF (Symbol: IUSB) crossed below their 200 day moving average of $46.14, changing hands as low as $46.02 per share. iShares Core Total USD Bond Market shares are currently trading down about 0.5% on the day