SUMMARY Following Wall Street’s version of a Black Friday sale, we will let price and our models/indicators tell us when/where this decline ends, while identifying support and watching the Volatility Index. WALL STREET’S BLACK FRIDAY SALE Last Monday’s Tech Talk report highlighted the domestic equity market’s weak/weakening short-term condition and consequently placed a great deal [...] Read more at ETFtrends.com.
By Rod Smyth, Chairman of the Board of Directors SUMMARY The market’s rise has been justified by strong fundamentals, in our view. We expect continued growth in earnings and remain bullish on stocks. We believe investors should prepare themselves for the inevitable corrections that will come. If Delta Couldn’t Stop the Stock Market’s Remarkable Performance, [...] Read more at ETFtrends.com.
The Invesco S&P 500 Low Volatility ETF (SPLV) recently hit a 52-week high as the Omicron variant caused some concerns in the market heading towards the end of 2021. Not only is the variant causing investors to seek safety amid the volatile movements, but inflation is also lurking in the background. A hawkish Federal Reserve could foresee [...] Read more at ETFtrends.com.
The Omicron variant injected a fresh dose of volatility into the markets, and more is expected in 2022, making low-volatility exchange traded funds (ETFs) a choice worth considering. InspereX, a company that builds tech platforms for fixed income investments (among other services), notes in a ThinkAdvisor article that 54% of financial advisors surveyed believe that [...] Read more at ETFtrends.com.
Inflation is or will weigh on a variety of assets and portfolio structures. Advisors shouldn’t bet on 60/40 making it through a period of extended inflation unscathed. That’s particularly true with the Federal Reserve potentially considering multiple interest rate hikes in 2022 to cool rising consumer prices. Higher rates could be damaging to the 40% [...] Read more at ETFtrends.com.
BNY Mellon Investment Management has announced in a press release the launch of its newest fund, the BNY Mellon Concentrated International ETF (BKCI). The fund is sub-advised by Walter Scott & Partners Limited, a subsidiary of BNY Mellon and a specialist in global equity. The fund is actively managed and fully transparent and offers high [...] Read more at ETFtrends.com.
On Wednesday, PGIM Investments launched two new bond funds — the PGIM Total Return Bond ETF (PTRB) and the PGIM ESG High Yield Fund — expanding access to its flagship core-plus bond strategy and providing a high-yield option for fixed income investors committed to environmental, social, and governance (ESG) investing principles. PGIM is the $1.5 [...] Read more at ETFtrends.com.
By Solomon G. Teller, CFA, Chief Investment Strategist, Green Harvest Asset Management Volatility returned in November. While the ups and downs can be unnerving, they are an unavoidable part of long-term investing. On the bright side, volatility tends to increase opportunities for tax loss harvesting (TLH). Below are TLH highlights for November with accompanying chart and [...] Read more at ETFtrends.com.
The Federal Reserve is widely expected to hike interest rates next year. At this point, that’s old news. What investors are now pondering is how many times the central bank will boost borrowing costs. Some market observers are wagering that there could be as many as three rate hikes, each in increments of 25 basis [...] Read more at ETFtrends.com.
Biotechnology equities are lagging the healthcare sector and the broader market this year, but with new variants of the coronavirus expected to continue popping up in 2022, it’s impossible to ignore biotech assets as a potential rebound idea. That includes the VanEck Vectors Biotech ETF (BBH), which, to its credit, is trading higher this year. [...] Read more at ETFtrends.com.
While midstream performance is somewhat correlated to the price fluctuations of oil, it continues to remain fairly insulated from the sharpest dips, instead relying on underlying fundamentals that help it chart its own course. Midstream has been impacted by recent oil price volatility, but it is protected from the sharper drawdowns that oil experiences. Midstream [...] Read more at ETFtrends.com.
This is the time of year when many investors consider the consumer discretionary sector and retail stocks and exchange traded funds. That makes the new Goldman Sachs Future Consumer Equity ETF (GBUY) an idea worth talking about. Importantly, there’s more to the GBUY story than simple holiday shopping trends. Significant changes in how consumers shop [...] Read more at ETFtrends.com.
The First Trust Nasdaq Oil & Gas ETF is seeing unusually high volume in afternoon trading Wednesday, with over 829,000 shares traded versus three month average volume of about 68,000. Shares of FTXN were up about 1.2% on the day.
In trading on Wednesday, the ARK Next Generation Internet ETF is outperforming other ETFs, up about 2.4% on the day. Components of that ETF showing particular strength include shares of Roku, up about 13.8% and shares of Pagerduty, up about 11% on the day.
Coinbase, the fourth-largest cryptocurrency exchange worldwide by trading volume, has launched an open-source cryptographic library, Kryptology, CoinTelegraph reports. Cryptography allows communication to be secure between the sender and their intended recipient and allows for the information and data transmitted to be protected from outside influence. Cryptography enables blockchain to be secure, and as the crypto [...] Read more at ETFtrends.com.
Air Products & Chemicals Inc (Symbol: APD) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 2.0% yield, as well as being recognized by prominent asset managers
Municipal bonds (munis) have been a linchpin for advisors building effective, tax-efficient portfolios for their clients in this lower-for-longer yield environment. However, with a Fed taper almost a near-term certainty, a monolithic index approach to the sector may be unwise, and many investors are looking toward active strategies better equipped to adapt to the bond [...] Read more at ETFtrends.com.
KraneShares has announced in a press release that it will be effecting a three-for-one share split of issued and outstanding shares of the KraneShares European Carbon Allowance ETF (KEUA). After market close on December 10, 2021, the fund will split issued and outstanding shares and anticipates a 200% increase in the total number of outstanding [...] Read more at ETFtrends.com.
Growth stock exchange traded funds surged on Tuesday with quality technology names fueling the rally as the Omicron variant seemed less damaging and disruptive to the economy than previously feared. U.S. markets rebounded off the volatility from last week on bets that the latest COVID-19 variant will have a less-damaging effect on travel and consumer [...] Read more at ETFtrends.com.
The actively managed WealthTrust DBS Long Term Growth ETF (WLTG) launched today, with the goal of long-term capital growth as a core allocation, and a secondary goal of providing dividend income. According to the prospectus, “The Fund’s investment strategy is based on the belief that long term superior performance of a portfolio is driven by [...] Read more at ETFtrends.com.