For investors seeking momentum, iShares Global Timber Forestry ETF (WOOD) is probably on radar now. The fund just hit a 52-week high and is up around 70.9% from its 52-week low price of $39.55/share.
Real estate investment trusts (REITs) funds look like attractive choices for investors now. A dovish Fed can be cited as the main reason. When interest rates drop, mortgage rates fall, making real estate or refinancing mortgages affordable. This in turn boosts real estate sales.
The bout of positive economic data is strongly suggesting that the world’s second-largest economy is steadily recovering from the coronavirus-led economic slowdown. The country’s August industrial output rose the maximum in eight months, while retail sales increased for the
The year 2020 has been marked by the outbreak of the SARS (severe acute respiratory syndrome)-like coronavirus in late January. Due to the rapid spread of the virus, Wall Street snapped its longest bull run ever in March and went on to record its worst quarter since fourth-quar
Gold has been great investment this year, thanks to an equity market crash at the start of the year and the resultant safe-haven rally. The coronavirus outbreak has kept global markets edgy. Gold bullion ETF SPDR Gold Shares GLD has added about 28.4% this year against the 5.3% g
The rest of 2020 is expected to keep bearing the brunt of the coronavirus outbreak as it continues to spread. In fact, the total number of coronavirus-infected cases crossed 6.6 million in the United States, with the death toll touching at least 196,000.
The technology sector currently became the most "crowded trade" of all time, per the Bank of America’s latest global fund manager survey. Too many investors have piled into U.S. technology stocks. While most of the segments under technology seem attractive after the latest mar
The year 2020 has been marked by the outbreak of the SARS (severe acute respiratory syndrome)-like coronavirus in late January. Due to the rapid spread of the virus, Wall Street snapped its longest bull run ever in March and went on to record its worst quarter since fourth-quar
The optimism surrounding the progress in the coronavirus vaccine development and several corporate M&A deals seems to be supporting the Wall Street rally since a couple of days. Let’s look at these driving factors in detail:
The gaming industry has been booming this year buoyed by the pandemic as people are mostly stuck at home. As a result, spending on video games in the United States skyrocketed to new heights in the past few months (read: August Clocks Monster Gains: 5 ETF Areas Up At Least 20%).
The year 2020 has been marked by the outbreak of the SARS (severe acute respiratory syndrome)-like coronavirus in late January. Due to the rapid spread of the virus, Wall Street snapped its longest bull run ever in March and went on to record its worst quarter since fourth-quar
After tumbling to the lowest level in more than a decade in the second quarter, global M&A activity gathered steam in September. This is especially true following the flurry of latest deal activities.The largest deal is Nvidia’s NVDA buyout of UK-based chip designer Arm Lt
After the closing bell on Sep 15, transport bellwether FedEx FDX reported solid fiscal 2021 first-quarter results. The courier company outpaced earnings and revenue estimates.Earnings per share came in at $4.87, surpassing the Zacks Consensus Estimate of $2.59 and improving from
For investors seeking momentum, The Materials Select Sector SPDR Fund XLB is probably on radar. The fund just hit a 52-week high and is up 76% from its 52-week low price of $37.69/share.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-
U.S. markets may have bounced back at the news of AstraZeneca’s AZN resumption of its phase 3 trial, but gains have been limited as the fear factor remains in investors’ mind. Apart from the uncertainty related to the timing of the rollout of coronavirus vaccine, chances o
The Kroger Co. KR reported impressive second-quarter fiscal 2020 results on Sep 11, wherein earnings and revenues beat estimates and showed significant year-over-year improvement. However, shares of Kroger have lost around 5.5% since the earnings release as some analysts belie
Legendary investor Warren Buffett revealed on his 90th birthday that Berkshire Hathaway (BRK.B) has invested $6 billion in Japan’s five biggest trading houses--Mitsubishi, Mitsui, Sumitomo, Itochu and Marubeni. These are giant conglomerates involved in various businesses like
For investors looking for momentum, Invesco Ultra Short Duration ETF GSY is probably a suitable pick. The fund just hit a 52-week high and is up 7.9% from its 52-week low price of $46.87/share.
Wall Street is mostly seeing a rough stretch, marked by the sharp selloff in technology stocks beginning Sep 3. The market turbulence could have been a result of people rushing to book profits, probably due to worries over high valuations, uncertainty over another pandemic stimu
Electric carmaker Tesla’s TSLA’s dream journey stalled on Sep 3 as its shares suffered some awful trading sessions since then. Tesla slumped 11% in the past week versus 2.5% decline in the S&P 500. Most importantly, the Tesla stock plunged 21% on Sep 8, marking its bigge