The hot inflation report for September has bumped Fed Funds Futures estimates to an expectation of 0.75% interest rate increases at both the November and December meeting, but Professor Jeremy Siegel believes that the Fed is incorrectly measuring current inflation indicators. Professor Siegel is an emeritus professor of finance at the Wharton School of the [...] Read more at ETFtrends.com.
Spot gold prices were up 1% on Monday with the U.S. Dollar finally showing some weakness, slipping 1.2% amid faltering Treasury yields. Gold was at $1,656.09 and moving away from the two-week low it touched last week. Gold futures were also up .79%. “The dollar’s significantly lower… Yields are ticking lower,” said Bob Haberkorn, senior [...] Read more at ETFtrends.com.
Impact investing, which includes investing in decarbonization efforts, has topped $1 trillion globally for the first time, according to a report from the Global Impact Investment Network. The size of the global impact investing market currently stands at $1.164 trillion in assets under management. Impact investing has risen 40% over the past two years. “It [...] Read more at ETFtrends.com.
After volatility knocked back markets last week, stocks rose sharply on Monday as recently released strong bank earnings alleviated some investor fears. Prior to closing, the Dow Jones Industrial Average gained 531 points, or 1.8%, late Monday afternoon, while the S&P 500 rose 2.6%, and the Nasdaq Composite went up 3.3%. The move follows the [...] Read more at ETFtrends.com.
The Invesco S&P 500 Equal Weight Energy ETF (RYE) offers investors a unique way to access the U.S. energy market. The energy sector has been a top performer year to date in 2022, carrying momentum from 2021 when the sector’s returns began outpacing other sectors. RYE has returned 12.6% since October 1 and 43.8% year [...] Read more at ETFtrends.com.
In trading on Monday, shares of the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) entered into oversold territory, changing hands as low as $98.05 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
In trading on Monday, shares of the SPDR Portfolio Long Term Treasury ETF (Symbol: SPTL) entered into oversold territory, changing hands as low as $28.52 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Monday, shares of the Vanguard Long-Term Treasury ETF (Symbol: VGLT) entered into oversold territory, changing hands as low as $60.53 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used t
While passive strategies best perform during liquid, efficiently priced markets, those conditions aren’t always met — and they’re certainly not being met now. That’s where active management can provide a leg up for investors. Passive strategies often lack the flexibility to adapt to changing market environments. Meanwhile, active bond ETFs can offer the potential to [...] Read more at ETFtrends.com.
Apple continues to move deeper into the fintech space, announcing last week that it will launch interest-bearing savings accounts. According to Apple, users of the new savings account will be able to deposit daily cash-back rewards automatically into high-yield savings accounts administered by Goldman Sachs. The accounts are primarily accessed through the iPhone’s Wallet app. [...] Read more at ETFtrends.com.
Clean energy has emerged as a prominent theme this year as nations grapple with the ongoing global energy crisis. The crisis has fueled urgency in adopting alternative clean energy sources, and supporting global legislation, including the Climate Bill in the U.S., which will be a major catalyst for the clean energy space. In the upcoming [...] Read more at ETFtrends.com.
Bridgeway Capital Management has launched the EA Bridgeway Blue Chip ETF (NYSE Arca: BBLU). The actively managed exchange traded fund, which trades on the NYSE Arca, seeks to provide long-term total returns on capital by investing in blue-chip stocks. According to Bridgeway, under normal circumstances, BBLU invests at least 80% of its net assets (plus [...] Read more at ETFtrends.com.
Chinese tech giant Alibaba Group Holding Ltd. has opened a new campus for its cloud computing unit, Alibaba Cloud, in its home city of Hangzhou. Per the South China Morning Post, which Alibaba owns, the 10-building, 2.1 million-square-foot campus is roughly the size of the 2 million-square-foot campus for Google’s Silicon Valley headquarters, aka the [...] Read more at ETFtrends.com.
Infrastructure investing was all the rage last year when Congress was working on what turned out to be a bipartisan package, but it feels as though the combination of that bill becoming law and equity markets turning sour in 2022 has investors glossing over this theme. Market participants may want to reconsider that line of [...] Read more at ETFtrends.com.
The Invesco S&P International Developed Quality ETF is seeing unusually high volume in afternoon trading Monday, with over 197,000 shares traded versus three month average volume of about 29,000. Shares of IDHQ were up about 3% on the day.
Stocks are faltering this year, and fixed income assets aren’t offering investors much protection. Translation: It’s a good time for market participants to consider alternative investments. However, alternatives – as is the case with traditional asset classes – don’t perform in lockstep with each other. For example, rising interest rates are weighing on real estate [...] Read more at ETFtrends.com.
Some exchange traded funds benefit from good timing, while others need time to be adequately appreciated by investors. It remains to be seen in which camp the Invesco NASDAQ Future Gen 200 ETF (QQQS) will dwell, but it’s not a stretch to say QQQS is well-timed because although small-cap stocks are beaten up this year, [...] Read more at ETFtrends.com.
China plays a vital role in the prices of soybeans as one of its largest importers compared to other countries around the globe. The second-largest economy forecasts that soybean imports will eventually decline as it looks to wean itself from dependence on other countries for the commodity. The move could help stabilize soybean prices, but [...] Read more at ETFtrends.com.
In trading on Monday, the ARK Fintech Innovation ETF is outperforming other ETFs, up about 8% on the day. Components of that ETF showing particular strength include shares of Roblox, up about 19.5% and shares of Mercadolibre, up about 11.9% on the day.
Tesla has been giving bearish traders plenty to cheer about as the stock continues to contend with an over 40% decline year-to-date. However, a bullish comeback could be looming as the stock enters oversold territory. Fundamentally, the bears have been benefiting from less than expected delivered from the electric automaker during the third quarter. As [...] Read more at ETFtrends.com.