What a way to kick off the new year. If you happened to watch the storming of the Capitol unfold live on TV on Wednesday of last week, you might have mistaken it for a movie adaptation of a Tom Clancy novel. Despite the turmoil, stocks have incredibly continued to trade up. On Friday, the [...] Read more at ETFtrends.com.
By Robert Ross Investors might have thought they’d seen it all in 2020. But the stock market action was merely a preview of what’s to come in 2021. Just to take a quick look back, the market gave everyone a scare in 2020 when it bottomed in March. But then the S&P 500 surged 67% [...] Read more at ETFtrends.com.
What was the most important financial event of 2020? Most folks would tell you it was the coronavirus pandemic and the economic devastation caused by government lockdowns. But that’s wrong. For investors, the most life-changing thing that happened last year has to do with computer chips. In 2020, for the first time ever, the value of [...] Read more at ETFtrends.com.
Gold and silver futures prices fell on Friday, prompted partly by a strengthening U.S. dollar index and dipping crude oil prices. While gold fell 1.35% to roughly $1825 per ounce, silver was hit especially hard, dropping over $1 an ounce to breach $25, hitting a low of $24.61 an ounce. The move dragged silver ETFs lower [...] Read more at ETFtrends.com.
Companies are reconfiguring their businesses to obviate any fallout from potential liabilities through greater adherence toward environmental, social, and governance principles. As they prep, the issue of diversity could be a major sticking point. Investment demand has shown that the ESG theme is quickly gaining traction. According to investment bank Lazard, there are now more [...] Read more at ETFtrends.com.
President-elect Joe Biden has finally announced details of his $1.9-trillion stimulus plan, which has been named the American Rescue Plan. The new relief package will extend the additional federal unemployment payment through September and will raise it to $400 per week. The new
With the Biden Administration aiming for another aggressive stimulus package to lift the economy, investors could be looking at copper and metal-related exchange traded funds to capture the potential demand for raw materials. Over the past three months, the United States Copper Index Fund (NYSEARCA: CPER) is up 20.5% and iPath Series B Bloomberg Copper [...] Read more at ETFtrends.com.
A targeted dry bulk shipping exchange traded fund has rallied in the new year, breaking from traditionally weak seasonal trends. Among the best performing non-leveraged ETFs of Friday, the Breakwave Dry Bulk Shipping ETF (NYSEArca: BDRY) jumped 6.9%. BDRY has already surged 36.0% so far in 2021. BDRY tries to provide exposure to the daily [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds dipped Friday after President-elect Joe Biden revealed a $1.9 trillion stimulus plan, triggering fears of a tax hike to pay for the aid package. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) fell 0.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was down 0.3%, and iShares Core S&P [...] Read more at ETFtrends.com.
The coronavirus pandemic has impacted the investing world, with market participants showing greater interest in conscious investing, spurring demand for environmental, social and governance (“ESG”) funds. According to the Forum for Sustainable and Responsible Investment’s 2
The S&P 500 Energy index has rallied 45% in the past few months. Five of the best-performing ETFs from Invesco have been in the energy sector. Invesco S&P SmallCap Energy ETF (PSCE): PSCE seeks to track the investment results (before fees and expenses) of the S&P SmallCap 600® Capped Energy Index. The fund generally will [...] Read more at ETFtrends.com.
In December, Pacer ETFs announced their new Structured Outcome Strategies (SOS) fund family: The Pacer Swan SOS ETF Series. With this hedged equity suite, there will be a deeper roster of risk-managed ETF offerings for issuers. Pacer has partnered with Swan Global Management, LLC, which will act as the sub-advisor for the fund family to help [...] Read more at ETFtrends.com.
Stocks and index ETFs are dropping on Friday following President-elect Joe Biden’s announcement of details relating to a nearly $2 trillion stimulus plan, as well as the poor retail sales data. Although they are attempting to rebound in the late morning session, the Dow Jones Industrial Average and the S&P 500 lost 0.8% Friday, while the [...] Read more at ETFtrends.com.
The demand woes led by the coronavirus outbreak and the oil market meltdown hurt the commodity market initially in 2020. However, broad commodities bounced back strongly recently on massive liquidity injections by central banks across the globe and optimism over the vaccines.
Both ESG investing and energy have been prevailing trends getting a lot of investor interest to start the new year. ETF issuer VanEck is seeing interest in some more places forward-thinking investors may want to consider. VanEck Vectors® Agribusiness ETF (MOO): seeks to replicate as closely as possible, before fees and expenses, the price and [...] Read more at ETFtrends.com.
Small cap equities, emerging markets, and bonds are a few themes that are grabbing attention to start the new year. iShares offers an impressive suite of ETFs to check all these boxes and more. iShares Russell 2000 ETF (IWM): IWM seeks to track the investment results of the Russell 2000® Index, which measures the performance [...] Read more at ETFtrends.com.
Unfortunately, investing is an endeavor that does lead to some regret on behalf of its participants. At the very least, there's plenty of “what if” thoughts going around. Invest or trade long enough and regret and what ifs just become part of the game.
Bullishness is favoring the financial sector with the Direxion Daily Financial Bull 3X ETF (FAS) up 20% to start 2021. If momentum can continue in favor of the current uptrend, look for more traders to pile into financials as the global economy heals. FAS offers 3x daily long leverage to the Russell 1000 Financial Services [...] Read more at ETFtrends.com.
The Invesco Dividend Achievers ETF is seeing unusually high volume in afternoon trading Friday, with over 283,000 shares traded versus three month average volume of about 82,000. Shares of PFM were off about 0.4% on the day.
In trading on Friday, the iShares U.S. Utilities ETF is outperforming other ETFs, up about 0.8% on the day. Components of that ETF showing particular strength include shares of NiSource, up about 4.7% and shares of Pacific Gas & Electric, up about 4.7% on the day.