Energy prices have surged this year with few signs of slowing down. Stacey Morris, CFA, head of energy research at VettaFi, recently discussed on CNBC Power Lunch her outlook for energy prices and why she thinks prices will remain high and inventories in the U.S. will stay very tight. “It’s hard to say exactly how [...] Read more at ETFtrends.com.
VettaFi’s vice chairman Tom Lydon discussed the abrdn Bloomberg Industrial Metals Strategy K-1 Free ETF (BCIM) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” At a time when commodities are booming, and inflation continues to remain high, BCIM offers an alternative take on metals investing. Lydon explained that instead of [...] Read more at ETFtrends.com.
SolarEdge Technologies (NasdaqGS: SEDG) and Enphase Energy (NasdaqGS: ENPH) surged Thursday, lifting solar sector-related exchange traded funds. Among the better-performing non-leveraged ETFs of Thursday, the Invesco Solar ETF (NYSEArca: TAN) advanced by 5.8% and the Global X Solar ETF (RAYS) increased 5.3%. Meanwhile, SolarEdge shares jumped 11.1% and Enphase shares surged 9.2%. SEDG makes up 10.2% [...] Read more at ETFtrends.com.
Bitwise has several crypto investment funds, all with varying strategies depending on the types of exposure that an investor is seeking. The Bitwise crypto indexes all rebalance every month to keep up with changing trends in cryptocurrency, while the Bitwise crypto asset-related index and the Bitwise NFT index both reset every quarter. Here’s a look [...] Read more at ETFtrends.com.
SUMMARY Trade Date: May 26, 2022 Based on the May 26, 2022 model updates, the Day Hagan/Ned Davis Research Smart Sector® with Catastrophic Stop strategy has taken a defensive position. Equity exposure was reduced to approximately 50% due to the Catastrophic Stop model turning bearish. Financial markets have experienced increased volatility this year due to [...] Read more at ETFtrends.com.
Federal Reserve Vice Chair Lael Brainard has said that the U.S. central bank will most likely stay on its path of aggressive rate hikes to combat record inflation. Speaking with CNBC’s Sara Eisen during a live “Squawk on the Street” on Thursday, Brainard said that continued rate increases will be the Fed’s most likely path until inflation is [...] Read more at ETFtrends.com.
Exchange: An ETF Experience took place earlier in April. Evan Harp got the opportunity to sit down with Sarah Alexander, chief engagement officer at VettaFi, to discuss the conference. Evan Harp: What is one memory that stands out to you from Exchange? Sarah Alexander: The first full day of the conference was a whirlwind. Actually, just getting [...] Read more at ETFtrends.com.
With recession fears becoming more concrete, gold prices rose 1% on Thursday. The dollar took a hit, with the dollar index tumbling 0.5% as U.S. private payrolls rose less than expected last month. “(The job data) is really raising the recession concerns that have been brewing in the market and supporting gold,” said Ryan McKay, [...] Read more at ETFtrends.com.
JPMorgan Chase & Co.’s CEO, Jamie Dimon, warned investors yesterday that an “economic ‘hurricane’” was looming for the U.S. economy and to prepare for impact, reported Bloomberg. Markets have struggled since the end of 2021, with volatility the only constant, and it’s a pattern that Dimon believes will extend going forward. Dimon believes that the [...] Read more at ETFtrends.com.
Equity ETFs saw a combined $32.4 billion and fixed income ETFs saw a combined $33.7 billion in May inflows. Three funds in ALPS’ range of ETFs — including one newcomer — gained momentum as investors looked for defensive strategies and funds that offer generous income. The ALPS Sector Dividend Dogs ETF (SDOG) remained in the [...] Read more at ETFtrends.com.
Surging oil prices following Russia’s invasion of Ukraine in late February sparked broad-based stock sell-offs around the world. Investors reacted immediately, concerned that limited energy supplies and higher costs could exacerbate inflation, then jumped back into stocks just as quickly when oil prices began ticking down, FlexShares wrote in a recent insight. Volatility driven by [...] Read more at ETFtrends.com.
While more workers are confident that their nest eggs will last through their retirement years, the same forces driving this confidence could work against new retirees going forward. Workers often retire when the market is cresting, which can reduce a portfolio’s durability. Though bumps in the road are unavoidable for any long-term investment horizon, these [...] Read more at ETFtrends.com.
Southeast Asia’s e-commerce ecosystem is still in its “nascent stage,” with more companies forming in the region, according to Amit Anand, founding partner of Southeast Asian venture capital firm Jungle Ventures. “I think Southeast Asia’s e-commerce is still at a very, very nascent stage,” Anand told CNBC’s “Squawk Box Asia.” “We’re talking about single-digit digital [...] Read more at ETFtrends.com.
The ARK Innovation ETF (ARKK) is well known among investors for offering exposure to disruptive technology, but it’s important to look under the hood to properly understand what that entails. The actively managed equity strategy seeks long-term capital growth by investing in the U.S.-listed securities, including ADRs, of companies focused on disruptive innovation, which is defined [...] Read more at ETFtrends.com.
May was yet another month in a long trend of volatility and drawdowns for markets, but as prices dipped, corporate executives bought into their own companies at unprecedented rates, reported Financial Times. Insider buying in May through May 24 was the strongest it had been since the buying opportunities presented by the March 2020 COVID-19 price [...] Read more at ETFtrends.com.
The iShares MSCI Emerging Markets Multifactor ETF is seeing unusually high volume in afternoon trading Thursday, with over 932,000 shares traded versus three month average volume of about 103,000. Shares of EMGF were up about 0.9% on the day.
In trading on Thursday, shares of the BBCA ETF (Symbol: BBCA) crossed above their 200 day moving average of $66.44, changing hands as high as $66.45 per share. BBCA shares are currently trading up about 1% on the day. The chart below shows the one year performance of BBCA sha
Invesco has hired an ETF veteran for the newly created global position of head of institutional specialists for ETFs and indexed strategies. Emily Foote McKinley has been named the new head of institutional specialists for ETFs and indexed strategies, effective today, June 2, 2022. McKinley, who will be based in the Invesco office in New [...] Read more at ETFtrends.com.
Carbon dioxide emissions in China fell again in the first quarter of 2022, extending the decline to three consecutive quarters, the longest period of emissions reduction in the last decade, reported Carbon Brief. The data came from an analysis of both commercial data and official figures done by Carbon Brief and concluded that China’s CO2 [...] Read more at ETFtrends.com.