On Monday, Goldman Sachs Asset Management (GSAM) announced that the reorganization of its five thematic ETFs into the Goldman Sachs Innovate Equity ETF (GINN) has been completed. GINN will commence trading on the NYSE Arca, Inc. upon market open on November 9, 2020. GINN is a single ticker solution that represents the five themes formerly [...] Read more at ETFtrends.com.
Stock indexes and index ETFs underwent a historic surge Monday as investors sent stocks to record levels with major presidential and coronavirus vaccine headlines. Investors were elated over trial data from drugmakers Pfizer and BioNTech showing that their coronavirus vaccine is over 90% effective, and results in protection within 28 days of vaccination. Stock futures [...] Read more at ETFtrends.com.
Though the counting process for the U.S. election outcome is still on, the prospect of a Joe Biden presidency marked by a divided Congress is rife. His chances of becoming the next U.S. president became stronger on Nov 7 after he won the key battleground state – Pennsylvania.
Election uncertainty was the biggest driver of uncertainty as large caps took a small hit on the month. On the other hand, Q3 GDP data was more positive than originally thought, consumer sentiment was elevated from September, and Manufacturing PMI continued its rapid ascent from March lows. These and other economic topics are examined in [...] Read more at ETFtrends.com.
By Rob Brown, PhD, CFA, Julex Capital Advisory Board Member Advisors tend to think of tactical allocation strategies as absolute return strategies. In this webinar, Dr. Rob Brown explains that tactical strategies should instead be viewed as tools to maximize the probability of achieving a given return in a given time frame. He also explains the [...] Read more at ETFtrends.com.
The Invesco Dynamic Leisure and Entertainment ETF is seeing unusually high volume in afternoon trading Monday, with over 1.8 million shares traded versus three month average volume of about 114,000. Shares of PEJ were up about 8.3% on the day.
Semiconductors have taken a lead in the technology segment lately on solid earnings. In particular, a spate of better-than-expected reports from well-known players like Texas Instruments TXN, Lam Research Corporation LRCX, Intel INTC, Qualcomm QCOM and Advanced Micro Devices, Inc
In trading on Monday, the SPDR— S&P— Regional Banking ETF is outperforming other ETFs, up about 14.1% on the day. Components of that ETF showing particular strength include shares of ZION, up about 22.8% and shares of Signature Bank, up about 22.5% on the day.
Regardless of who ends up as president at the start of 2021, China will move forward with its ambitious plan of self-reliance. Within a five-year timeframe, China looks to become self-reliant, particularly in the area of technology, which should benefit ETFs like the Invesco China Technology ETF (CQQQ). Think of CQQQ as the Chinese equivalent [...] Read more at ETFtrends.com.
With a dynamic clean energy initiative plan, a Biden administration could be a boon for the Xtrackers MSCI Emerging Markets ESG Leaders Equity ETF (EMSG). That’s a good sign for ESG investors who saw current U.S. president Donald Trump move towards precluding ESG investments from entering retirement accounts. Using the Department of Labor as its [...] Read more at ETFtrends.com.
As coronavirus cases start to rack up again and geopolitical events take hold of North America, getting international exposure requires an even more discerning eye. Investors who want pure international exposure to Europe, Australia, Asia, and the Far East alone can consider the iShares MSCI EAFE Small-Cap ETF (SCZ). As mentioned, SCZ presents an interesting [...] Read more at ETFtrends.com.
In a tight race with Donald Trump in the presidential election, Joe Biden may have finally won the White House, per various media sources and is expected to become the next president in the United States. He has secured 279 Electoral College votes after winning Pennsylvania's 20
By Gary Stringer, Kim Escue, and Chad Keller One of the more challenging areas of the financial market over the past decade has been fixed income. If you thought investing for yield was hard before, the year 2020 was a reminder that it can always get trickier. Many financial advisor and fixed income investors are [...] Read more at ETFtrends.com.
In trading on Monday, shares of the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) crossed below their 200 day moving average of $132.56, changing hands as low as $132.44 per share. iShares 3-7 Year Treasury Bond shares are currently trading off about 0.4% on the day. The c
In trading on Monday, shares of the iShares 1-3 Year Treasury Bond ETF (Symbol: SHY) crossed below their 200 day moving average of $86.33, changing hands as low as $86.32 per share. iShares 1-3 Year Treasury Bond shares are currently trading off about 0.1% on the day. The cha
In trading on Monday, shares of the iShares Global REIT ETF (Symbol: REET) crossed above their 200 day moving average of $21.78, changing hands as high as $23.58 per share. iShares Global REIT shares are currently trading up about 6.7% on the day. The chart below shows the on
In trading on Monday, shares of the Invesco S&P SmallCap Low Volatility ETF (Symbol: XSLV) crossed above their 200 day moving average of $36.22, changing hands as high as $37.76 per share. Invesco S&P SmallCap Low Volatility shares are currently trading up about 5.8% o
In trading on Monday, shares of the ProShares Short S&P500 ETF (Symbol: SH) entered into oversold territory, changing hands as low as $18.54 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to m
In trading on Monday, shares of the SCHH ETF (Symbol: SCHH) crossed above their 200 day moving average of $36.84, changing hands as high as $39.43 per share. SCHH shares are currently trading up about 5.5% on the day. The chart below shows the one year performance of SCHH sha
In trading on Monday, shares of the iShares Core High Dividend ETF (Symbol: HDV) crossed above their 200 day moving average of $82.53, changing hands as high as $86.13 per share. iShares Core High Dividend shares are currently trading up about 5% on the day. The chart below s