As U.S. markets rallied over November in a show of relief over the election day results and promising Covid-19 vaccines, stock exchange traded funds enjoyed record interest among investors. “With the markets striking a decidedly risk-on tone, investors turned to ETFs to implement positions quickly, and with precision. Given the strength in equity markets, equity [...] Read more at ETFtrends.com.
Both stock index ETFs and biotech stocks and ETFs have been on a tear lately thanks to promising coronavirus vaccine developments from several major pharmaceutical companies. But this week, the U.K. became the first country to authorize Pfizer’s coronavirus vaccine for emergency use, which is likely to increase pressure on the U.S. Food and Drug [...] Read more at ETFtrends.com.
Exchange traded fund investors should consider the importance of a geopolitical framework for investing to help one better understand what these geopolitical shifts mean for investment portfolios. In the recent webcast, Geopolitical Risk: Elections, Lockdowns, and Continual Disruptions, John Sitilides, Geopolitical Strategist, Trilogy Advisors, noted that while the U.S. election has consumed our attention, it [...] Read more at ETFtrends.com.
November stood out as a strong month for Wall Street. The Dow Jones Industrial Average rose 11.8% in November, its best one-month performance since January 1987. The other broader indices S&P 500 and Nasdaq Composite also rallied 10.8% and 11.8%, respectively, delivering thei
Equity exchange traded funds enjoyed robust inflows over November, overtaking the fixed-income side in new creations for the year, as investors chased after the stock market rally. Fixed-income ETFs initially saw huge inflows in 2020, outpacing investments into the equity ETF side after the coronavirus-induced sell-off caused many to shift into the relative safety of [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds slipped toward the end of the Thursday’s session after Covid-19 vaccine hopes and a fall in weekly jobless claims helped propel the major indices toward records. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was flat, the SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was unchanged, and the iShares Core [...] Read more at ETFtrends.com.
With the Dow Jones Industrial Average stock index breaking above 30,000 once again and the SPDR Dow Jones Industrial Average ETF (DIA) rising on Thursday, at least one analyst now feels that the famed, 30-stock index has the potential to reach the 40,000-point mark by new year, breathing further life into stocks and ETFs. According to Patrick Spencer, [...] Read more at ETFtrends.com.
Tesla stock is surging today after a note late Wednesday from Mark Delaney, where the Goldman analyst raised his rating on Tesla stock to buy from neutral and adjusted his annual target from 455 to 780, the highest on Wall Street. The move seems to be helping to elevate ETFs holding the company as well. Tesla [...] Read more at ETFtrends.com.
Stocks and index ETFs are gaining on Thursday due to better-than-projected unemployment data and optimism over a stimulus plan. The Dow Jones Industrial Average rallied 0.57%, thanks in part to a 7% surge in Boeing shares. The S&P 500 advanced 0.3%, and the Nasdaq Composite added 0.6% to notch a new all-time high. Major stock [...] Read more at ETFtrends.com.
The vast corporate bond market is rife with data that is conducive to analytics. VanEck was quick to recognize the opportunity and collaborate with ratings company Moody’s to create the VanEck Vectors Moody’s Analytics IG Corporate Bond ETF (MIG). MIG seeks to track, as closely as possible, before fees and expenses, the price and yield [...] Read more at ETFtrends.com.
As difficult as it may be, when you look for positive things in 2020, you may cite the internet of things (IoT). Among many other things, the internet has helped to facilitate communication amidst a pandemic stressing the need for social distancing. It is certainly benefitting the Global X Internet of Things ETF (SNSR). Per [...] Read more at ETFtrends.com.
Ally Invest’s Lindsey Bell favors dividend aristocrats and has said that “they were up 12% in the month of November. Not only do they outperform the S&P 500 on a long-term basis, but they do so in a less volatile manner. So, you’re building a nice diverse base by having
Foreign exchange markets aren’t for the risk averse, especially when it comes to dealing with a pandemic that’s seeing a higher number of cases rise globally. That being said, it does help to use currencies as a hedge, for short-term gains or for long-term holds, with funds like the Invesco CurrencyShares Canadian Dollar Trust (FXC). [...] Read more at ETFtrends.com.
The Institute for Supply Management (ISM) said on Dec 1 that its index of national factory activity rose to a reading of 57.5 last month from 59.3 in October (which had been the highest since November 2018). The data also fell shy of the economists’ estimate of 58.0 polled by R
Investors looking to get into smart beta funds that implement a factor strategy might be put off usual premium prices. If so, they haven’t checked out the Xtrackers Russell 1000 US QARP ETF (QARP), especially when it comes to getting exposure to value and quality factors. QARP seeks investment results that correspond generally to the [...] Read more at ETFtrends.com.
The BDC Income ETF is seeing unusually high volume in afternoon trading Thursday, with over 464,000 shares traded versus three month average volume of about 164,000. Shares of BIZD were up about 1.4% on the day.
In trading on Thursday, the First Trust Nasdaq Cybersecurity ETF is outperforming other ETFs, up about 3.5% on the day. Components of that ETF showing particular strength include shares of Zscaler, up about 24.6% and shares of Crowdstrike Holdings, up about 15.9% on the day.
The rotation to value out of high-flying technology names will help fuel more consumer discretionary names via ETFs like the Direxion Daily Consumer Discretionary Bull 3X ETF (NYSEArca: WANT). Bullish traders are starting to sense the need for consumer discretionary equities as more short sellers flee the scene. WANT is up 35% year-to-date after finishing [...] Read more at ETFtrends.com.
The rise of environmental, social, and governance (ESG) investing didn’t only bring in new investors, but more scrutiny from government regulators like the Securities Exchange Commission (SEC). Still, with a more ESG-friendly presidential administration ready for installation in the White House, more beneficial legislation that could boost ETFs like the SPDR S&P 500 ESG ETF [...] Read more at ETFtrends.com.
Up almost 34% year-to-date, the ALPS Disruptive Technologies ETF (CBOE: DTEC) clearly isn’t lacking for catalysts, but the diversified, disruptive technology fund may be getting more thanks to the incoming Biden Administration. DTEC tracks the Indxx Disruptive Technologies Index, which identifies companies using disruptive technologies across ten thematic areas, including Healthcare Innovation, Internet of Things, [...] Read more at ETFtrends.com.