ETF / Finance

ETF Performance Report: April 2017

Apr 28 4:49pm ETF Trends
U.S. equities and stock exchange traded funds slipped on the last day of trading after a stellar weak of earnings helped push markets back into the green, with the tech-heavy Nasdaq breaking to new heights. U.S. stocks rose over April, with the Dow Jones Industrial Average up 1.3\%, the Nasdaq Composite 2.2\% higher and the…...
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Investors Turned to Cheap, International ETFs Over April

Apr 28 4:09pm ETF Trends
Exchange traded fund flows over April suggest investors are taking a harder look at the cheap valuations in international markets after the post-Trump rally pushed U.S. markets toward loftier prices and new record highs. Additionally, low-cost ETF options remains a prominent theme as long-term investors try to optimize returns. For instance, the iShares Core S&P…...
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Leveraged ETFs In Trump's First 100 Days

Apr 28 3:21pm ETFs
Saturday marks President Donald Trump's 100th day in office. And while the country remains divided over his actions, it cannot be refuted that U.S. equities have performed well since Trump was sworn in on January 20th. Since Trump took the oath of office two of the most popular large-cap indexes, the S&P 500 and NASDAQ 100, are up about 5.7 percent and 10 percent respectively. Predictably, some leveraged exchange-traded funds are enjoying their seats on the “Trump train.” The Direxion Daily S&P 500 Bull 3X Shares (NYSE: SPXL) has returned about 15 percent since Inauguration Day. As its name implies, SPXL is designed to deliver triple the daily returns of the S&P 500 Index. SPXL has a bearish counterpart, the Direxion Daily S&P 500 Bear 3X Shares (NYSE: SPXS),which which is down about the same amount over Trump's first 100 days in office. While SPXL's ...Full story available on Benzinga.com...
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Investors Enjoy a Gulp of the Whiskey ETF

Apr 28 3:09pm ETF Trends
An exchange traded fund theme based on the alcoholic beverages industry has been outpacing the broader market and may continue to remain in high spirits on supportive global demographics and a rising middle-income group in the emerging markets. The Spirited Funds/ETFMG Whiskey and Spirits ETF (NYSEARCA: WSKY), which debuted in October, has increased 10.5\% year-to-date,…...
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The Contributing Drivers of ETF Growth

Apr 28 2:29pm ETF Trends
Exchange traded funds have hit the financial industry by storm as trillions of dollars in global wealth have found their way into the convenient investment vehicle. For instance, as of January 31, 2017, State Street (NYSE: SST) was managing more than $2 trillion in global ETF assets and servicing 55\% of the gloabl industry’s ETFs…...
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Weak GDP Report Shakes U.S. Stock ETF Traders Resolve

Apr 28 1:48pm ETF Trends
U.S. equities and stock exchange traded funds slipped on the last day of month as weak economic data weighed on the markets, despite encouraging first quarter earnings results. The S&P 500 Index, along with related funds including the SPDR S&P 500 ETF (NYSEArca: SPY), iShares Core S&P 500 ETF (NYSEArca: IVV) and Vanguard 500 Index…...
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Global Equity CEFs Are Hot Should You Buy?

Apr 28 1:18pm Blog – FMD Capital Management
The hot hand in the closed-end fund marketplace this year are global equity funds.  These diversified portfolios own a mix of U.S. and international stocks with the added boost of embedded leverage.  Some also employ options or other derivative strategies to generate a portion of the abundant income that is... Read more » The post Global Equity CEFs Are Hot – Should You Buy? appeared first on FMD Capital Management.
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Oil Traders: An Important Factor for Biggest Industry ETFs

Apr 28 10:45am ETF Trends
The United States Oil Fund (NYSEArca: USO), which tracks West Texas Intermediate crude oil futures, and the United States Brent Oil Fund (NYSEArca: BNO), which tracks Brent crude oil futures, have been struggling this year, but there could be signs of relief on the horizon for oil and the related exchange traded products. Oil traders…...
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Investor Demand for Emerging Market Debt Remains Strong

Apr 28 10:41am ETF Trends
Even amid concerns about U.S. monetary policy, emerging markets bond exchange traded funds, such as the iShares J.P. Morgan USD Emerging Markets Bond ETF (NYSEArca: EMB) have been decent performers this year, a trend some market observers believe will continue as investors keep looking for higher yielding assets. EMB tracks the J.P. Morgan EMBI Global…...
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Quick Success for Vanguard ETF, $360M AUM Since March

Apr 28 10:35am ETF Trends
Vanguard is the second-largest U.S. issuer of exchange traded funds and adding assets at a feverish. However, the company does not bring many new ETFs to market, but when it does, those funds are usually successful. Just look at the Vanguard International Dividend Appreciation ETF (NasdaqGM: VIGI), which debuted in early March 2016. At the…...
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A Soaring Smart Beta Tech ETF Thanks to Trump

Apr 28 10:28am ETF Trends
The First Trust Technology AlphaDEX Fund (NYSEArca: FXL) is among the myriad technology exchange traded funds that have recently been hitting record highs as the fund’s smart beta methodology proves advantageous for investors. The $662.5 million FXL once again joined the all-time high club on Thursday. The tech sector could even see more free cash…...
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Trump Tax Effort Could Boost Muni ETFs

Apr 28 10:23am ETF Trends
Even against the backdrop of rising interest rates, investors have shown some signs of devotion to municipal bond exchange traded funds and that faith could be rewarded. The iShares National AMT-Free Muni Bond ETF (NYSEArca: MUB) is the largest municipal bond ETF. Munis also help diversify fixed-income portfolios. Investors who typically follow the Barclays U.S.…...
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Best Sector ETF Ideas For May: A Surprise

Apr 28 9:47am ETFs
The May trading month starts Monday, and there will likely be the usual conjecture about selling in May and going away, but it is also worth remembering May is not the worst month of the year for stocks. Not even close. In fact, the S&P 500 usually rises in the fifth month of the year. Over the past 20 years, the benchmark U.S. equity gauge has posted an average return of 0.3 percent in the month of May, according to EquityClock.com. Come What May As is the case with the other 11 months of the year, some sectors and the corresponding exchange traded funds stand taller than others in the fifth month of the year. Among the best-performing sector SPDR ETFs in May, the ...Full story available on Benzinga.com...
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Lack Of New Oil Discoveries Could Finally Spur Crude Price Rally

Apr 28 9:34am ETF Daily News
From Nick Cunningham: The volume of new oil discoveries hit a record low in 2016, the result of severe cuts to exploration budgets amid plummeting oil prices. The number of new conventional drilling projects also dropped to the lowest level… Read more ›...
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Stocks, Bonds Sending Mixed Signals To Investors

Apr 28 9:27am ETF Daily News
The stock and bond markets are sending two different messages. And, unfortunately for stock investors, the way I am reading the tea leaves, it’s the bond market that’s got it right. That means profit-seeking investors need to be on guard… Read more ›...
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Money is pouring into the world's hottest investment product at nearly a record-setting pace (SPY, SPX)

Apr 28 9:02am Money Game: ETFs
Investing the US has rarely been this popular, and exchange-traded funds have been the investment vehicle of choice. Traders poured $23.56 billion into US funds and ETFs during the week ended Wednesday, less than $1.5 billion shy of the all-time record seen in March 2015, according to data compiled by a group of Bank of America Merrill Lynch analysts led by Yunyi Zhang. That marked a large step up from the prior week, which saw inflows of $1.13 billion, the data show. Much of the weekly surge came in the form of stock investments as $17.6 billion flowed into equity funds, the most this year. The SPDR S&P 500 ETF, which tracks the benchmark index, absorbed $4 billion over the period, according to Bloomberg data.  In a client note on Thursday, Michael Hartnett, the chief investment strategist for BofAML Global Research, cited renewed tax reform hope as a major reason for the US equity inflows, and expressed confidence in the ongoing rally. The bull market is unlikely to end until bullish macro makes central banks tighten, and we're not yet there, he wrote. We remain bullish risk and bullish inflation assets.   Stock ETFs were also prolific on a global basis, as investors piled $21.6 billion into them during the period. The net inflow to stocks worldwide totaled $21 billion, the most since the US election, BofAML data show. SEE ALSO: Democrats are coming around on the stock market Join the conversation about this story » NOW WATCH: Animated map of what Earth would look like if all the ice melted...
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Looking At The ETF For The ETF Industry

Apr 28 8:34am ETFs
The exchange-traded funds industry keeps breaking its own assets under management records. For example, the global ETF industry had more than $3.9 trillion in combined assets under management at the end of the first quarter, up from the prior record of over $3.8 trillion set at the end of February. 2 ETF-Industry ETFs In what may be a case of “finally,” an ETF dedicated to the ETF business came to market last week. The ETF Industry Exposure & Financial Services ETF (NYSE: TETF) brings the ETF industry into one easily accessible wrapper for investors that want to profit from the industry's stellar growth without having to stock pick. Of course, the ETF Industry Exposure & Financial Services ETF holds shares of big-name issuers such as BlackRock, Inc. (NYSE: BLK), parent company of iShares; and WisdomTree Investments Inc. (NASDAQ:...
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After A Big Week Of Gains, Stocks Begin To Look A Little Expensive

Apr 28 8:10am ETF Daily News
Technical analyst Dave Chojnacki of Street One Financial wraps up the trading week and month with a deep dive into the technicals for the major U.S. indexes, which look poised to close out the week with very solid gains. Economic… Read more ›...
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WisdomTrees Q1 Revenue Falls 10% As Largest Funds Lose Assets

Apr 28 7:55am ETF Daily News
WisdomTree Investments, Inc. (NASDAQ:WETF) early Friday posted solid first quarter earnings results, as revenues plunged from year-ago levels, but showed improvement sequentially from Q4 2016. The New York City-based ETF issuer reported Q1 earnings per share (EPS) of $0.05, which… Read more ›...
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Selecting Safe High-Yield REITs Easier Said Than Done

Apr 28 7:15am ETF Daily News
From Contrarian Outlook: What could be better than receiving a raise every year? How about getting more cash in your pocket, and increasing your net worth? Owning high-quality REITs (real estate investment trusts) with track records of consistently growing dividends… Read more ›...
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Tech Companies More Attractive Than Automakers Amid Industry Disruption

Apr 28 7:09am ETF Daily News
From BlackRock: Richard Turnill spells out the implications of technological disruption in the automotive industry — a prime example of how disruption is challenging the traditional consumer sector. Technological disruption is sweeping across industries, and we see its impact most… Read more ›...
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Steve Sosnick's iShares MSCI Canada Index (ETF) Trade

Apr 28 6:51am ETFs
Steve Sosnick, equity risk manager at Interactive Brokers, recommended on Bloomberg Markets a bearish options strategy in iShares MSCI Canada Index (ETF) (NYSE: EWC). Sosnick thinks that the trade ...Full story available on Benzinga.com...
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Weak Sector Earnings Are Hitting Oilfield Services ETFs

Apr 28 6:34am ETF Daily News
From Zacks: A lot has been said about oil price recovery over the last few months. Oil prices, in fact, recovered in late 2016 following the OPEC output cut deal signed in November. However, rising U.S. crude production has put… Read more ›...
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One Big Catalyst For Gold Still Remains

Apr 28 6:32am ETF Daily News
From Jordan Roy-Byrne: Gold bulls were hopeful that Gold could break its 6-year downtrend, but recent underperformance in the gold stocks and Silver argued otherwise. Those markets have been crushed in the past two weeks as US and global equities… Read more ›...
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These Sectors Are Most Vulnerable As Corporate Debt Nears Record Level

Apr 28 6:25am ETF Daily News
From David Dutkewych: Years of cheap credit have not only helped the U.S. economy recover, but the world’s economy. There’s no doubt about it. But at what cost? Financial stability, at least according to the International Monetary Fund’s (IMF) latest… Read more ›...
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German Stocks Overcome Speed Bump & Surge To Fresh All-Time Highs

Apr 28 6:14am ETF Daily News
From Dana Lyons: After pausing briefly at its 2015 all-time highs, the German DAX has jumped to new highs. Just 3 weeks ago, we noted the milestone, and challenge, facing Germany’s DAX stock index. A furious 4-month, 20\% rally had… Read more ›...
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Emerging Market Bonds Remain Attractive, As More Countries Improve

Apr 28 6:09am ETF Daily News
From BlackRock: The latest quarterly update of the BlackRock Sovereign Risk Index (BSRI) makes it easier for investors to determine how emerging market bonds stack up. Richard Turnill explains. Investor demand for emerging market (EM) debt has been strong lately,… Read more ›...
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Is The Renewed Equities Rally For Real? Fundamentals Say Yes

Apr 28 6:04am ETF Daily News
From Franklin Templeton Investments: With US equities charging to new heights, some market observers are questioning whether the market is climbing a “wall of worry” based in part on policy promises that haven’t yet been delivered. Grant Bowers, vice president,… Read more ›...
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A Closer Look at Nasdaq ETFs as the Benchmark Breaks New Records

Apr 27 5:22pm ETF Trends
With the benchmark Nasdaq Composite breaking at another record high on strong first quarter earnings expectations, more investors are looking at ways to gain exposure to the technology segment and tech-heavy Nasdaq-related exchange traded funds. Tech companies have been among the best performers of the market, with the S&P 500 Information Technology Sector rising 13.8\%…...
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An ETF That Tracks an Attractive Lineup of Sustainable International Companies

Apr 27 4:49pm ETF Trends
International equities have begun to pull ahead of U.S. domestic markets, and one smart beta exchange traded fund strategy that focuses on quality companies trading at an attractive price may be an opportune way to gain access to momentum in foreign equities. The VanEck Vectors Morningstar International Moat ETF (NYSEArca: MOTI) has increased 13.9\% year-to-date,…...
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A New Way for ETF Investors to Access Opportunities in Argentina

Apr 27 3:19pm ETF Trends
BlackRock iShares has expanded its line of country-specific exchange traded funds to help investors access Argentinian markets. On Thursday, BlackRock rolled out the iShares MSCI Argentina and Global Exposure ETF (BATS: AGT). AGT has a 0.59\% expense ratio. “AGT is an exciting addition to iShares’ country ETF range, which is the broadest in the industry,”…...
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U.S. Stock ETFs Eke Out Gains as Traders Look to Healthy Earnings

Apr 27 1:55pm ETF Trends
U.S. equities and stock exchange traded funds managed to turn higher mid-Thursday as earnings helped support gains, but falling oil prices kept pressure on the energy sector. The S&P 500 Index, along with related funds including the SPDR S&P 500 ETF (NYSEArca: SPY), iShares Core S&P 500 ETF (NYSEArca: IVV) and Vanguard 500 Index (NYSEArca:…...
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A Momentum ETF Thats Gaining Traction, Up 9% YTD

Apr 27 1:20pm ETF Trends
The momentum factor is seeing renewed strength this year and that is benefiting an array of exchange traded funds. The Powershares DWA Momentum Portfolio (NYSEArca: PDP), which utilizes technical analysis from Dorsey Wright and picks out stocks based on relative strength. PDP is up more than 9\% year-to-date and hit an all-time on Wednesday. The…...
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Social Media ETFs In Focus Following Twitters Blowout Earnings

Apr 27 12:43pm ETF Daily News
From Zacks: The social media space is likely to be on fire post Twitter Inc.’s (TWTR – Free Report) first-quarter 2017 earnings release. The stock soared 7.9\% in the key trading session on April 26 as the micro-blogging website beat… Read more ›...
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Coal ETF Faces Clean Energy Challenges

Apr 27 12:41pm ETF Trends
After nearly doubling to rank as one of 2016’s best-performing non-leveraged exchange traded funds, the VanEck Vectors Coal ETF (NYSEArca: KOL) is up nearly 13\% year-to-date. However, KOL and the coal industry itself face mounting challenges from increasingly accessible and cheaper sources of alternative energy. Cheap natural gas has previously weighed on coal demand as…...
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British Pound ETF Momentum Continues As Brexit Fears Fade

Apr 27 12:20pm ETF Daily News
The infamous “Brexit” referendum vote occurred in June of 2016, and most everyone remembers the general panic and precipitous drop in the British Pound Sterling in the immediate days after these results. For tracking purposes in ETF land we watch… Read more ›...
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Bullish Options Bets Seen In The Financial Select Sector SPDR Fund

Apr 27 12:14pm ETF Daily News
Analyst Paul Weisbruch of Street One Financial brings us his daily fund flows report, which today points out some big money returning to large caps, continued inflows to small caps, and some interesting options activity in a popular financial ETF.… Read more ›...
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Traders are looking at a popular stock market measure all wrong (SPY, QQQ, IWM)

Apr 27 12:13pm Money Game: ETFs
As stock bears tell it, overconfidence can be the death knell of a market rally. While that logic has historically held merit, there are some holes in one of their favorite pieces of supporting data. In recent months, they've cited the diminishing number of shares being shorted in the SPDR S&P 500 ETF (SPY), which tracks the benchmark index. After all, it's at the lowest since May 2007, a period that directly preceded a bear market that saw the S&P 500 drop 55\%, according to data compiled by financial analytics firm S3 Partners. But they're looking at those shorted shares the wrong way, says Ihor Dusaniwsky, the head of research at S3. He argues that they should instead be looking at the dollar value of short positions. Using shares shorted as a metric for short interest or bearish sentiment is a misapplication of statistical reasoning,  Dusaniwsky wrote in a client note. The bear is still out and prowling around in the woods. In fact, the notional amount of short interest — which represents outstanding shares that have been sold short — has actually risen this year for major US indexes. SPY short interest is up $1.8 billion, or 5\%, for the year, according to S3. Further, an ETF that tracks the Russell 2000 index of small-cap stocks (IWM) has seen short interest climb 9\% year-to-date in dollar terms, while that measure for the more tech-heavy Nasdaq 100 ETF (QQQ) has surged 54\% over the same period. In total, the three funds have seen a combined increase in short interest of $5.7 billion, or 9.6\%, in 2017, the data show. Bulls will argue that's a healthy amount of stock market skepticism. Contributing to confusion over short interest data has been the CBOE S&P 500 Volatility Index (VIX), which is commonly called the US stock market's fear gauge and frequently used as a proxy for hedges. The VIX's decline to a near-record low has significantly reduced the degree to which ETFs need to be shorted in order to hedge a portfolio. That helps explain the low number of shorted shares, S3 said. Not that you should be looking at that as any sort of sentiment indicator. When looking for comparative short activity or investor short conviction, dollar notional short balances paint a much clearer picture, wrote Dusaniwsky. SEE ALSO: The market's...
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Choosing a China ETF Requires a Look Inside

Apr 27 11:47am ETF Trends
By Todd Rosenbluth, CFRA According to Google Translate, there are five different Chinese words for choice. ETF investors can relate to that. For example, iShares China Large-Cap ETF (FXI) is the biggest ETF focused on China with $3.1 billion in assets and it gained 10\% year to date through April 13. Meanwhile, the firm also offers…...
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A Lower Fee For This Emerging Markets Bond ETF

Apr 27 11:45am ETFs
The VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSE: EMLC) is one of the dominant names among emerging markets bond exchange traded funds. Going a step further, EMLC is perhaps the king of emerging markets bond ETFs where the fund's holdings are denominated in local currencies, not U.S. dollars. Good news for investors: It just got a little cheaper to own EMLC. New York-based VanEck said Wednesday it's lowering EMLC's annual fee to 0.44 percent from 0.47 percent. EMLC's new expense ratio works out to $44 per year on a $10,000 investment. EMLC tracks the J.P. Morgan GBI-EMG ...Full story available on Benzinga.com...
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A Big Change for a Popular Preferred ETF

Apr 27 11:24am ETF Trends
One of the biggest reasons investors like preferred stocks and the corresponding exchange traded funds, such as the PowerShares Preferred Portfolio (NYSEArca: PGX) is yield. Put simply, preferreds and the ETFs that hold them usually sport far higher yields than are found on standard bond investments, but for PGX, that is changing. However, the change…...
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A popular stock market fear has one serious flaw (SPY, QQQ, IWM)

Apr 27 11:14am Money Game: ETFs
As stock bears tell it, overconfidence can be the death knell of a market rally. While that logic has historically held merit, there are some holes in one of their favorite pieces of supporting data. In recent months, they've cited the diminishing number of shares being shorted in the SPDR S&P 500 ETF (SPY), which tracks the benchmark index. After all, it's at the lowest since May 2007, a period that directly preceded a bear market that saw the S&P 500 drop 55\%, according to data compiled by financial analytics firm S3 Partners. But they're looking at those shorted shares the wrong way, says Ihor Dusaniwsky, the head of research at S3. He argues that they should instead be looking at the dollar value of short positions. Using shares shorted as a metric for short interest or bearish sentiment is a misapplication of statistical reasoning,  Dusaniwsky wrote in a client note. The bear is still out and prowling around in the woods. In fact, the notional amount of short interest — which represents outstanding shares that have been sold short — has actually risen this year for major US indexes. SPY short interest is up $1.8 billion, or 5\%, for the year, according to S3. Further, an ETF that tracks the Russell 2000 index of small-cap stocks (IWM) has seen short interest climb 9\% year-to-date in dollar terms, while that measure for the more tech-heavy Nasdaq 100 ETF (QQQ) has surged 54\% over the same period. In total, the three funds have seen a combined increase in short interest of $5.7 billion, or 9.6\%, in 2017, the data show. Bulls will argue that's a healthy amount of stock market skepticism. Contributing to confusion over short interest data has been the CBOE S&P 500 Volatility Index (VIX), which is commonly called the US stock market's fear gauge and frequently used as a proxy for hedges. The VIX's decline to a near-record low has significantly reduced the degree to which ETFs need to be shorted in order to hedge a portfolio. That helps explain the low number of shorted shares, S3 said. Not that you should be looking at that as any sort of sentiment indicator. When looking for comparative short activity or investor short conviction, dollar notional short balances paint a much clearer picture, wrote Dusaniwsky. SEE ALSO: The market's...
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U.S. Dollar Weakness Should Prove Bullish For Gold

Apr 27 10:54am ETF Daily News
From Sean Brodrick: Are you old enough to remember Warner Bros. cartoons? Man, I used to love those on Saturday mornings. And what’s happening to the U.S. dollar now reminds me a lot of the old “Road Runner” cartoons. I… Read more ›...
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Tech And Trump: Sector Hits New Highs

Apr 27 10:39am ETF Trends
The Technology Select Sector SPDR (NYSEArca: XLK), the largest technology exchange traded fund by assets, is up more than 12\% year-to-date and has recently been hitting record highs. The technology-heavy Nasdaq Composite has also been hitting record highs. Those could be signs that the technology sector, the largest sector weight in the S&P 500, is…...
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Steels Mettle as a Trump Trade is Tested

Apr 27 10:34am ETF Trends
Few exchange traded funds were as positively correlated to the idea of a Donald Trump presidency as was the VanEck Vectors Steel ETF (NYSEArca: SLX), which was one of 2016’s best-performing non-leveraged ETFs. However, SLX, the only ETF dedicated to steel stocks, stumbled Wednesday as U.S. Steel (NYSE: X), one of the ETF’s marquee holdings,…...
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Puerto Rico Could Be A Big Winner From Congressional Appropriations Battle

Apr 27 10:14am ETFs
Congress has until midnight on Friday night to avoid a partial government shutdown by passing a spending bill to fund government operations. While most investors are hoping to avoid the headache of a shutdown, at least one class of investors may be hoping negotiations continue to be hard-fought. According to Height Securities' Stefanie Miller, Congressional Democrats will likely be pushing to help out Puerto Rico and its bond investors. On Wednesday, President Donald Trump seemed to confirm this belief on Twitter. Democrats are trying to bail out insurance companies from ...Full story available on Benzinga.com...
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Golds Panic Sell-Off Presents A Buying Opportunity

Apr 27 9:48am ETF Daily News
From Sean Brodrick: Gold investors, forget Europe. Yeah, yeah, gold prices went down on the idea that France might vote for someone boring. Panic leaked out of the market like an old balloon. So, gold prices went down. That’s nice.… Read more ›...
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Harness The Self-Driving Car Revolution With This ETF

Apr 27 9:45am ETF Daily News
From Jon Markman: Most people are self-driving car skeptics. They just can’t imagine the cumbersome robot cars we see in the media today will ever become good or cheap enough for widespread use. A big hurdle is LiDAR, the light-based… Read more ›...
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This Leading Stock Market Indicator Remains Firmly Bullish

Apr 27 9:34am ETF Daily News
From Taki Tsaklanos: U.S. stock markets are hitting new highs this week. The Nasdaq Composite index broke through the psychologically important level of 6,000 points while the small cap index Russell 2000 broke above 1400 points. The Dow Jones index… Read more ›...
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Banks Are Still An Issue For Brazil ETFs

Apr 27 9:32am ETFs
The iShares MSCI Brazil Capped ETF (NYSE: EWZ), the largest exchange traded fund tracking stocks in Latin America's largest economy, is up a solid 11.6 percent year-to-date, though that lags the MSCI Emerging Markets Index by 320 basis points. Amid ongoing political volatility in Brazil, something investors have become accustomed in recent years with this big emerging market, another issuers lingers and it's one that's particularly relevant to EWZ. Shares of Brazilian banks have been surging for over a year, but there some analysts have concerns about that rally. The $5.59 billion EWZ allocates over 38 percent of its weight to financial services stocks, more than double the ETF's second-largest sector weight, which is consumer staples. Non-performing loans (NPLs) and recovery of those loans are ...Full story available on Benzinga.com...
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A French Connection For This ETF

Apr 27 8:21am ETFs
As is now widely known, the May 7 French runoff election will pit centrist Emmanuel Macron against far right candidate Marie Le Pen. Apparently, European assets and financial markets not only like this matchup, but are pricing in a Macron victory because French stocks and the related exchange traded funds are surging this week. Following the first round of the French election last Sunday, the SPDR EURO STOXX 50 ETF (NYSE: FEZ) is up 7.5 percent, bringing its year-to-date gain to over 14 percent. The $3.1 billion FEZ is, at the geographic level, dominated by two countries – Germany and France, the Eurozone's two largest economies. French stocks represent about 36 percent of the FEZ roster with Germany contributing another 33.5 percent. By comparison, the S&P Europe 350 Index allocates less than 16 percent of its ...Full story available on Benzinga.com...
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Dow Jones Industrial Average Stumbles As Trumps Tax Plan Details Emerge

Apr 27 8:15am ETF Daily News
The U.S. markets took a breather on Wednesday, following two massive up days drive by tax reform hopes. Market Technician Dave Chojnacki of Street One Financial examines the sideways action and updates the crucial technical levels to focus on as the… Read more ›...
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A Trump ETF Trade That Could Fire Up With Increased Military Action

Apr 27 8:00am ETF Trends
Each week, ETF Trends publisher Tom Lydon sits down for “ETF of the Week” for MarketWatch on Chuck Jaffe’s MoneyLife Show where he highlights big movers and losers among exchange traded funds. This week, Lydon looked at the iShares U.S. Aerospace & Defense ETF (ITA), a Trump trade that could fire up with increased military action. ITA is a targeted play on…...
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These Six Stocks Are Leading The Dow Jones Industrial Average Higher

Apr 27 7:03am ETF Daily News
From Corey Rosenbloom: With the Dow Jones Industrial Average (DJIA) breaking to new all-time highs, let’s take a look at the six surging stocks in the Dow Jones: Our principle is that stocks which are strong tend to get stronger.… Read more ›...
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Chinas New Silk Road: Powerful Borrow and Build Stimulus for Emerging Markets

Apr 27 7:00am ETF Trends
By Michael Jones, RiverFront Investment Group Although this Strategic View is devoted to emerging markets, Sunday’s French elections are too important for us not to provide a preliminary assessment of the potential impact on financial markets. For the first time in several elections, political polls were correct in forecasting that Emmanuel Macron and Marine Le…...
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Oil Fails To Hold Gains After Higher Than Expected Draw

Apr 27 6:47am ETF Daily News
From Matt Smith: In today’s game of rock-paper-scissors from the weekly EIA inventory report, crude inputs were propelled higher (like a rock), blunting the impact of super-strong imports (the scissors). On paper, the crude draw is bullish, but a modest… Read more ›...
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Heres What Trumps Tax Reforms Could Mean For The Economy, Markets

Apr 27 6:41am ETF Daily News
From Mike Burnick: Tax reform is back in focus as the Trump presidency closes in on the 100-day mark and the administration searches for legislative accomplishments. But clarity on a tax-reform plan seems fleeting. And I don’t have to tell… Read more ›...
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Heres What A Weaker Dollar Means For U.S. Stocks

Apr 27 6:26am ETF Daily News
From Bryce Coward, CFA: Since the beginning of 2017, the US dollar has struggled against nearly every major currency, calling into question the idea that the US dollar is still in a bull market. Indeed, since the dollar made its… Read more ›...
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Heres Why The Gold Miners ETF Could Plunge Another 25%

Apr 27 6:22am ETF Daily News
From Taki Tsaklanos: Gold has lost 1.5 pct since the close last week. The French election outcome supported risk assets, and traditional safe havens like gold, Treasuries and the Yen got sold. InvestingHaven’s research team forecasted that both gold was… Read more ›...
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