International markets, notably European stocks, led the charge on Wednesday after the previous session’s sharp selling, with higher commodity prices and the earnings season supporting gains. Investors can also use exchange traded funds to capture these international moves. European miners strengthened on the rising commodity prices, as traders grow more optimistic over the global economic [...] Read more at ETFtrends.com.
In office barely more than three months, President Biden is busying pitching various plans and proposals, including the largest tax increase the U.S. has seen in three decades. In fairness, the increase, which includes significant alterations to the capital gains structure, is targeted at big earners and high net worth individuals and married couples. It [...] Read more at ETFtrends.com.
Thanks to higher gold prices, Newmont Mining Corp (NEM) saw $2.9 billion in revenue, a quarterly increase of $300 million, according to the company’s latest earnings call. “We continue to drive the business with our clear capital allocation priorities, which include reinvesting in our business through disciplined investments in exploration and organic growth projects, returning [...] Read more at ETFtrends.com.
With the economy ramping up and earnings growth doing the same, it can be tempting to get aggressive with equity allocations. However, blindly overweighting riskier assets doesn’t ensure desirable outcomes. Advisors looking to ratchet up equity exposure can turn to tailored allocations, such as the aggressive sleeve of the Strategic Allocation Model Portfolio, which is [...] Read more at ETFtrends.com.
Within the fast-growing genomics universe, one of the more compelling themes is the evolution of gene therapies – a theme the ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG) is levered to. Relative to passive genomics exchange traded funds, the actively managed ARKG can more rapidly adjust gene therapy exposure. For investors, that’s an exciting prospects [...] Read more at ETFtrends.com.
Stocks and index ETFs recovered some of their losses from Tuesday’s session on Wednesday, as investors keyed in on robust earnings releases and enthusiasm for an economic recovery. The Dow Jones Industrial average climbed 0.35%, while the S&P 500 gained as much as 0.5%, making up some of the worst losses posted on Tuesday. The [...] Read more at ETFtrends.com.
Big tech stocks have notched big gains, but they still have room to move even higher throughout May and the rest of 2021, said Joel Shulman, founder and CIO of ERShares, in an interview with Fox Business. Despite setbacks for some major companies, selected FAANGS are performing strongly thus far, said Shulman. “It’s unbelievable, these [...] Read more at ETFtrends.com.
The First Trust Mid Cap Value AlphaDEX Fund ETF is seeing unusually high volume in afternoon trading Wednesday, with over 182,000 shares traded versus three month average volume of about 29,000. Shares of FNK were up about 0.1% on the day.
In trading on Wednesday, the Oil Services ETF is outperforming other ETFs, up about 4.7% on the day. Components of that ETF showing particular strength include shares of Oceaneering International, up about 17.4% and shares of DMC Global, up about 12.2% on the day.
The earnings parade last week was led by tech giants—Apple (AAPL), Microsoft (MSFT), Amazon (AMZN), Alphabet (GOOGL) and Facebook (FB). They all reported record revenue growth and crushed estimates. While all these companies benefitted from the pandemic driven trends, some of t
By Kimberly Woody, Senior Portfolio Manager – GLOBALT Investments. The Tax “Tail” Proposals Currently on the Table Repeal 2017 Trump tax cuts Incomes above $400K – The top tax bracket goes from 37.0% → 39.6% Capital gains rate Tax investment income at ordinary rates for those who earn more than $1 million in total (wage [...] Read more at ETFtrends.com.
The Federal Reserve of the United States has been practicing rock-bottom interest rate policies from last year in the wake of the pandemic. The Fed also has a QE (quantitative easing) in place. However, in the past one year, the U.S. economy has advanced a lot leaving behind the
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Invesco DB Commodity Index Tracking Fund, which added 7,500,000 units, or a 6.4% increase week over week. Among the largest underlying components
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the iShares 20+ Year Treasury Bond ETF, where 9,200,000 units were destroyed, or a 9.1% decrease week over week.
In some of our previous updates, we have discussed how value is now outperforming growth on a relative basis. Now, we do not want to beat a dead a horse when we talk about this topic, as we have discussed it many times, but over the last 10 years, it has been a very rare [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Ultra S&P500 (Symbol: SSO) where we have detected an approximate $140.3 million dollar inflow -- that's a 3.7% increase week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $130.4 million dollar inflow -- that's a 1.2% increase week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Total U.S. Stock Market ETF (Symbol: ITOT) where we have detected an approximate $138.7 million dollar inflow -- that's a 0.4%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares J.P. Morgan USD Emerging Markets Bond ETF (Symbol: EMB) where we have detected an approximate $132.9 million dollar inflow -- that's a 0.7%
By Rod Smith, Chairman of the Board Let the politics begin. President Joe Biden has laid out an ambitious tax and spending plan incorporating most of the ideas from his 2020 campaign. It focuses on two main areas: an industrial policy geared to building a ‘green’ infrastructure and a clear change in social priorities. We [...] Read more at ETFtrends.com.