Nasdaq ETFs

VettaFi vice chairman Tom Lydon appeared on CNBC’s ETF Edge along with S&P Down Jones Indices Anu Ganti and host Bob Pisanti. Active management has traditionally underperformed compared to passive management – but this year is different. A new study indicates that 49% of active managers are currently outperforming the benchmark, the best performance active [...] Read more at ETFtrends.com.

In trading on Monday, shares of the REGL ETF (Symbol: REGL) entered into oversold territory, changing hands as low as $65.23 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a

In trading on Monday, shares of the XBI ETF (Symbol: XBI) entered into oversold territory, changing hands as low as $75.36 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a s

In trading on Monday, shares of the XHB ETF (Symbol: XHB) entered into oversold territory, changing hands as low as $53.95 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a s

In trading on Monday, shares of the XOP ETF (Symbol: XOP) entered into oversold territory, changing hands as low as $114.58 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a

In trading on Monday, shares of the AMLP ETF (Symbol: AMLP) entered into oversold territory, changing hands as low as $34.6901 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on

In trading on Monday, shares of the ACES ETF (Symbol: ACES) entered into oversold territory, changing hands as low as $56.335 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on

The days of “There Is No Alternative” trades, commonly referred to as TINA trades, have come to an end for the U.S. and many other countries as bond yields rise and property prices skyrocket. The collapse of the TINA trade that favors equities over underperforming bond yields and illiquid real estate and often is its [...] Read more at ETFtrends.com.

In a recent survey, 69.7% of advisors said they were concerned or very concerned about the concentration of the top five names in the S&P 500. 22.5% of advisors were “just a little” concerned, and just 7.7% of advisors said they were not concerned, according to “When Markets Wobble, Cash Remains King: Free Cash Flow [...] Read more at ETFtrends.com.

Gold hit its lowest levels in two and half years as a hawkish Fed and a global central bank trend toward rate hikes and tighter monetary policy continue to dampen the yellow metal at a time when it should be thriving. Even though gold prices have fallen more than $400 since the precious metal broke [...] Read more at ETFtrends.com.

Despite interest rates rising to their highest level in recent years, real estate is still an attractive investment and hedge against inflation. Global REIT performance hasn’t rebounded like traditional stock markets, and large drawdowns have led to higher future return potential. Real estate, in its various forms, historically has provided a hedge against inflation and [...] Read more at ETFtrends.com.

Commodities exposure can serve as an effective inflation hedge as well as a portfolio diversifier in all market conditions. The Invesco Agriculture Commodity Strategy No K-1 ETF (PDBA), which just launched on August 24 and has garnered $11 million in assets under management, offers actively managed exposure to agricultural commodities – all while bypassing the [...] Read more at ETFtrends.com.

A study of analyst recommendations at the major brokerages shows that Visa Inc (Symbol: V) is the #4 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Visa Inc is also a top tier analyst pick among the broader S

In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Tapestry Inc (Symbol: TPR) has taken over the #62 spot from Quanta Services, Inc. (Symbol: PWR), according to ETF Channel. Below is a chart of Tapestry Inc versus Q

U.S. stocks plummeted and government bond yields soared again, as investors are increasingly concerned about the growing threat of a deep recession (see the Fixed Income market review of last week). Fears have intensified after the Federal Reserve raised rates by 0.75% this week and revised its year-end rate upwards to 4.4%, from 3.4% three months ago, signaling super-sized hikes ahead “even if it requires more economic pain.”

The S&P 500 nosedived by almost 4.65% over the week to close at its lowest level (3,693.23) since June, bringing its year-to-date performance to -22.51%. The tech-heavy Nasdaq similarly sank 5.07%, plunging deeper into bear market territory (-30.53% YTD). The Dow Jones Industrial Average fell 4% week-over-week, or 1,232 points at 29,590.41 (-18.57% YTD).

Unsurprisingly, European stocks endured the worst week since early March with the MSCI EMU down 4.69% (-23.24% YTD) amid heightened geological tensions. Russia has just announced the partial mobilization of 300,000 military reservists Wednesday, after several battlefield setbacks in Ukraine, while Europe’s energy crisis has taken a turn for the worse. 

Asian markets fell in unison, though to a lesser extent. The Shanghai Composite slid 1.22% (-15.15% YTD). China is easing COVID lockdowns. Japan’s Nikkei shed 1.50% (-5.69% YTD).

Selloff across the board   

For the seventh time this year, a sea of red washed over all the S&P sectors. Energy was the hardest hit (-9%) by a surge in the dollar and worries that a deeper global recession may hurt oil demand. The price of a barrel of West Texas Intermediate tanked 7.45% to a nine-month low of $78.74. Consumer discretionary stocks were also one of the biggest drags (-7.02%) on the broader market, weighed down by Tesla (-9.24%). By contrast, defensive sectors such as health care (-3.38%), utilities (-3.05%), and consumer staples (-2.15%) outperformed the broad market. Ditto for information technology (-3.59%) as Apple stocks weathered the storm, edging down 0.18%. Ming-Chi Kuo, known as “the analyst who reveals all of Apple’s secrets,” said that the strong demand for iPhone 14 Pro models could help boost Apple’s revenue.

In trading on Monday, shares of the MTUM ETF (Symbol: MTUM) entered into oversold territory, changing hands as low as $132.42 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on

In trading on Monday, shares of the XLF ETF (Symbol: XLF) entered into oversold territory, changing hands as low as $30.63 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a s

In trading on Monday, shares of the PXH ETF (Symbol: PXH) entered into oversold territory, changing hands as low as $16.495 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a

In trading on Monday, shares of the IYK ETF (Symbol: IYK) entered into oversold territory, changing hands as low as $187.10 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a

In trading on Monday, shares of the FXO ETF (Symbol: FXO) entered into oversold territory, changing hands as low as $37.48 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a s