The next upgrade for bitcoin is expected to hit any day, possibly over the weekend, and with it will come a series of changes that are promising for the blockchain. Taproot, the next big upgrade for the blockchain, is slated to take effect at block 709,632 and will introduce a few key changes, reports CNBC. It [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds advanced on Friday and were on pace to end a five-week winning streak after the spike in inflation drove investors to pull back from the record rally in the equity markets. The Invesco S&P 500 Equal Weight ETF (RSP), which follows the S&P 500 Equal Weight Index (EWI), [...] Read more at ETFtrends.com.
The Diablo Canyon nuclear power plant, slated for closure by 2025, could save billions of dollars and help California hit its net-zero carbon emissions goals quicker if allowed to remain running. A recent MIT report, done in conjunction with LucidCatalyst, LLC, found that if the Diablo Canyon nuclear plant was kept open until 2035, it [...] Read more at ETFtrends.com.
When we asked advisors, 75% of you said you think avoiding bad investments is more important than picking winners. So why is almost every investment methodology only focused on finding the next unicorn? Wouldn’t it be nice to avoid the dead weight that spikes your portfolio volatility and keeps you from generating the returns your [...] Read more at ETFtrends.com.
The Emles Alpha Opportunities active long/short equity exchange traded fund strategy combines deep-value investing and catalyst trading to help investors enhance a traditional investment portfolio mix. In the recent webcast, Looking For Alpha? Dig Into Deep Value Investing, Nathan G. Miller, senior vice president and portfolio manager at Emles Advisors, and Jillian DelSignore, managing director [...] Read more at ETFtrends.com.
In trading on Friday, shares of the ProShares Short S&P500 ETF (Symbol: SH) entered into oversold territory, changing hands as low as $13.9401 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
On November 3rd, the U.S. Federal Reserve (Fed) announced that it will reduce, or taper, it’s $120 billion in monthly purchases of U.S. Treasuries and agency mortgage-backed securities by $15 billion per month. Additionally, the Fed expects to end those purchases by June of 2022. We estimate that this policy will inject an additional $400 [...] Read more at ETFtrends.com.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast. As market strategists, we’re always on the lookout for reliable indicators of future financial market performance wherever [...] Read more at ETFtrends.com.
S&P 500 stock buybacks, currently at $204 billion this quarter, are set to surpass the record of $223 billion set in the fourth quarter of 2018, according to Howard Silverblatt, senior index alayst at S&P Dow Jones Indices. “The resurgence of buybacks and dividends really tells us that companies are feeling a lot more secure [...] Read more at ETFtrends.com.
Months after VanEck’s spot bitcoin ETF was submitted, it has been rejected by the SEC. The SEC’s ruling said, “The Commission concludes that BZX has not met its burden under the Exchange Act and the Commission’s Rules of Practice to demonstrate that its proposal is consistent with the requirements of Exchange Act Section 6(b)(5), in [...] Read more at ETFtrends.com.
The third quarter proved to be a financially sound one for midstream companies, with many maintaining or else increasing their distributions, and the outlook appears to be overwhelmingly positive for the upcoming year, wrote Stacey Morris, CFA for Alerian, in an insights paper. Midstream companies not only didn’t cut dividends, but in many cases they [...] Read more at ETFtrends.com.
With the threat of inflation constantly circling in investors’ minds, it’s no wonder that Treasury inflation-protected securities (TIPS) saw record inflows during the month of October. Inflation, as evidenced in the benchmark consumer price index (CPI), hit a three-decade high during the month of October. As such, investors sought various ways to try and stymie [...] Read more at ETFtrends.com.
While inflation has been a primary theme mentioned on earnings calls over the course of 2021, many U.S. corporations can deal with rising prices thanks to some pricing power. That’s the view of Fitch Ratings, and should it prove accurate, it could be beneficial to some corporate bond exchange traded funds, including the WisdomTree U.S. [...] Read more at ETFtrends.com.
On just its second day of trading after its IPO debut, electric vehicle (EV) company Rivian jumped 22% as the move towards EVs continues around the globe. Rivian aims to set itself apart in the competitive EV market by offering trucks that focus on ruggedness, utility, and luxury. This helps discern it from other rivals, [...] Read more at ETFtrends.com.
One of the nifty and perhaps overlooked elements of disruptive technologies is that these concepts often don’t function alone. Many are intertwined with one another. The ALPS Disruptive Technologies ETF (CBOE: DTEC) is an example of an exchange traded fund that presents investors with a robust menu of disruptive themes, plenty of which have relationships [...] Read more at ETFtrends.com.
Whether it’s electric vehicles, solar panels, or wind turbines, clean energy concepts and products depend on an assortment of components and metals. Some might call those green metals, and this new exchange traded fund is dedicated to that theme. The VanEck Green Metals ETF (GMET) debuted yesterday and could easily check some of the boxes that [...] Read more at ETFtrends.com.
Inflation reached a three-decade high during the month of October, but the good news is there’s a plethora of ways to combat inflation, such as real assets. Initial, more optimistic forecasts of inflation labeled it as transitory, but that narrative is starting to change. Talks of stagflation are entering the capital markets, and rates are [...] Read more at ETFtrends.com.
The CEF Municipal Income ETF is seeing unusually high volume in afternoon trading Friday, with over 221,000 shares traded versus three month average volume of about 93,000. Shares of XMPT were up about 0.1% on the day.
In trading on Friday, the ARK Fintech Innovation ETF is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Farfetch, up about 18.6% and shares of Shopify, up about 8.8% on the day.
Inflation is at historic highs, the Fed will considering raising interest rates at least twice next year, and supply chain issues still continue. Companies that might have been lulled by low interest rate environments and a decade of outperformance are now facing a much less conducive economic environment for growth and profitability. Investors and advisors [...] Read more at ETFtrends.com.