ETF / Finance

Aggressive Fed Rate Hikes Could Put Junk Bond ETFs In Danger

Apr 24 10:13am ETF Daily News
From John Ross Crooks III: We’re not in Kansas anymore. But we are in Kansas City, where Esther George is president and chief executive officer of the Kansas City Fed. And the only thing transient is economic weakness. More rate… Read more ›...
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Finding Finland: An ETF To Consider

Apr 24 10:07am ETFs
There are hundreds of single-country exchange-traded funds on the market today, a large enough population that ensures some will go overlooked. Such is the plight of the iShares MSCI Finland Capped ETF (BATS: EFNL) and it is a plight the lone ETF dedicated to Finnish stocks has endured since coming to market in early 2012. However, Finland is breaking free of the shackles of austerity, the economy there is improving and Finnish stocks are responding. EFNL is up nearly 8 percent this year, an advantage of almost 100 basis points over the comparable France and Germany ETFs. A Nordic Nation Apart Finland “in 2015 exited a three-year recession, which was triggered by woes for Nokia Oyj, Finland’s paper-making industry and ...Full story available on Benzinga.com...
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IHI: Keep Riding The Medical Devices Momentum

Apr 24 8:31am ETF Daily News
Momentum traders have no doubt had the healthcare equipment sector on their radar, and maybe even for some time. While the healthcare and biotech sectors were posting losses in 2016, the medical devices sector bucked the trend with the iShares… Read more ›...
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The Dow Jones Industrial Average Looks Set For A Massive Monday Gain

Apr 24 8:26am ETF Daily News
With the U.S. markets looking set to open significantly higher on the back of a key French election outcome, market technician Dave Chojnacki of Street One Financial recaps last week’s action and updates the key technical levels to watch for in… Read more ›...
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Tesla Suddenly Faces A Swarm Of Electric Vehicle Competition

Apr 24 7:18am ETF Daily News
From Tyler Durden: The much anticipated Tesla Model 3 has yet to be released, and already a groundswell of electric car competition is forming to challenge Elon Musk’s upcoming offering. Start in China, where the Model 3 is not due… Read more ›...
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How Successful Has The OPEC Production Cut Deal Been?

Apr 24 7:11am ETF Daily News
From Nick Cunningham: Oil prices took a hit last week after doubts resurfaced over the odds of an OPEC extension. The chances of an extension still seem good, but ultimately the decision to maintain production cuts will come down to… Read more ›...
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Dan Nathan's PowerShares QQQ Trust, Series 1 (ETF) Trade

Apr 24 6:51am ETFs
Dan Nathan spoke on CNBC's Options Action about an options strategy in PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ: QQQ). He said that the largest tech companies have outperformed in the last ...Full story available on Benzinga.com...
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Chinese Stocks Plunge, Despite Broad International Rally

Apr 24 6:42am ETF Daily News
From Tyler Durden: Despite a liquidity injection and the rest of the world in ‘risk-on’ mode over the French election results, Chinese markets are tumbling. On Friday, we asked “Is China Trying To (Slowly) Burst Another Stock Market Bubble?” as… Read more ›...
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BlackRocks Massive Q1 ETF Inflows Propelled Its Earnings Higher

Apr 24 6:34am ETF Daily News
From Zacks: BlackRock Inc. (BLK – Free Report) reported adjusted earnings of $5.25 per share in the first quarter of 2017, crushing the Zacks Consensus Estimate of $4.94 and improving 24\% from the year-ago quarter. The company recorded a 100… Read more ›...
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BlackRocks Best Tips On Building An Investment Portfolio

Apr 24 6:28am ETF Daily News
From BlackRock: Your financial future is not something to be left to chance. It demands a well-constructed, goal-oriented investment portfolio. New blog contributor Patrick Nolan offers some tips. In a world of increased market risk, policy uncertainty and an outlook… Read more ›...
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Watch These Charts Closely After The French Election

Apr 24 6:07am ETF Daily News
From Taki Tsaklanos: The topic of this week has been the French elections. Everyone is watching the French elections results as if they will change the world, in an emotional rather than rational way. But it seems InvestingHaven is one… Read more ›...
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Expect French Election-Fueled Market Volatility To Continue Through May

Apr 24 6:00am ETF Daily News
There’s some clear blue water between the two candidates contesting the final round of the French presidential elections on May 7: Marine Le Pen and Emmanuel Macron. Here, David Zahn, head of European Fixed Income, Franklin Templeton Fixed Income Group,… Read more ›...
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Where Is All The Market Fear?

Apr 23 1:15pm ETFs
The United States dropped a 21,600-pound Massive Ordnance Air Blast bomb on ISIS targets in Afghanistan. The attack is the first time the U.S. has used the so-called “Mother of all Bombs” in combat, and news of the bombing came just days after President Donald Trump authorized bombing targeted Syrian bases in response to the use of chemical weapons on civilians. Russia's 'FOAB' On Standby Russia issued its own response to the Syrian bombings. Russia's deputy U.N. envoy Vladimir Safronkov warned the United States of "extremely serious" consequences of its "illegitimate actions" in Syria. Russia then revealed what it calls the "Father of all Bombs," a thermobaric bomb that it claims is four times more powerful than the MOAB. Immediate Market Reaction: Meh While the U.S. stock market certainly hasn’t reacted positively to news of escalating international conflicts, its negative reaction has been relatively muted so far. The S&P 500 was up 1.0 percent last week, and the SPDR S&P 500 ETF Trust (NYSE:...
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Which Credit Card is Best for You?

Apr 23 11:00am ETF Trends
By Mary Beth Storjohann via Iris.xyz Credit cards often get a bad rap in the world of personal finance. The negative connotations aren’t entirely unjustified. When used poorly and mismanaged, credit cards can lead to a world of trouble for you and your money. With high limits and even higher interest rates, you can quickly rack up…...
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5 Ways to Take Financial Stress Out of Adult-ing

Apr 23 10:00am ETF Trends
By Brad Sherman via Iris.xyz You’ve made the commitment to start “adult-ing,” a very important first step. Don’t start to build from the roof down, though: make sure that you’re laying a strong financial foundation. In our last post we talked about 8 Financial Mistakes to Avoid in Your 20s and 30s. Here are five more money mistakes to…...
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How Can Financial Planners Save You From Americas #1 Killer?

Apr 23 9:00am ETF Trends
By Ronald Sier via Iris.xyz You probably aren’t aware of this, but it’s true: financial planners are heroes. Yep, it’s the truth. And when you think of the America’s top killer, you might think about smoking, cancer or obesity. Or maybe even a serial killer. But the real story is far more surprising. Because, according to Duke…...
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The Secret to Turning Every Prospect into a Client

Apr 23 8:00am ETF Trends
By Andrew Sobel via Iris.xyz One of my clients wanted to do business with a major prospect. It was an important company which would be seen as a valuable, marquis client. The company told my client point-blank, “We’re not going to do business with you. We are already well-served.” For one year they kept calling on…...
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The Uranium ETF Is Close To A Major Breakdown After Last Weeks Plunge

Apr 23 7:02am ETF Daily News
From Taki Tsaklanos: The uranium space is creating suspension among investors. The most popular uranium mining ETF, URA, dropped 4.6 percent last week. With that, it breached a major support level, and that could become major news. InvestingHaven has written… Read more ›...
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Seven Reasons Youll Fail as a Financial Advisor

Apr 23 7:00am ETF Trends
By James Pollard via Iris.xyz If you’re a financial advisor, make sure you get The Ultimate Financial Advisor’s Guide to Getting More Clients. It comes with a money-back guarantee, because if you can’t get more clients with the information, I don’t deserve to keep your money. Is being a financial advisor worth it?  I am an optimistic person and I encourage…...
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Rate Hikes, Weak Economic Growth Could Be Deadly For Stocks This Year

Apr 23 6:54am ETF Daily News
From Tyler Durden: While geopolitical concerns and French election uncertainty are factors, The Wall Street Journal notes that many markets are flashing red on growth as investors begin to return to pre-election bets on the old ‘new normal’ — a persistently… Read more ›...
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Telecom ETFs Draw Attention After Verizons Lackluster Earnings Results

Apr 23 6:34am ETF Daily News
From Zacks: Shares of Verizon Communications (VZ – Free Report) dropped 1.08\% at market close on Thursday, April 21, 2017. The company reported a 7.8\% sequential decrease in revenues. It reported revenues of $29.814 billion in the first quarter of… Read more ›...
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Dont Expect A Breakout In Oil Prices This May

Apr 23 6:33am ETF Daily News
From Taki Tsaklanos: The price of crude oil was weak last week. Crude oil dropped from $53.20 early in the period, to $49.62 on Friday. That is a 6.7 percent drop in a week, which is rather significant — even… Read more ›...
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French Stocks On The Verge Of A Bullish Breakout As Election Looms

Apr 23 6:27am ETF Daily News
From Dana Lyons: The French CAC-40 is straddling its long-term Down trendline entering Sunday’s highly anticipated election. The big geopolitical event this weekend is Sunday’s much anticipated election in France. Because of the multiple candidates, their vastly differing political views… Read more ›...
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The Fed Has Finally Been Trumped

Apr 22 11:00am ETF Trends
By Ron Albahary via Iris.xyz There isn’t a day that has passed since the November U.S. presidential election that Mr. Trump, now President Trump, has not dominated the headlines. Avid readers of this commentary over the years will acknowledge that I had grown weary of the omnipresence of the Federal Reserve and the vast shadow it has…...
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Strong Economic Confidence is Translating First Quarter GDP Growth: Below 1%

Apr 22 10:00am ETF Trends
By SNW Asset Management via Iris.xyz There is a current debate circulating in economic circles around the recent divergence in “soft” economic data, which is based on consumer and business surveys, and “hard” data, which is based on actual economic reports. Since the presidential election last fall, “soft” data from surveys such as the University of Michigan…...
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Now's a great time to be a stock picker

Apr 22 9:45am Money Game: ETFs
Companies in the S&P 500 are moving independently of one another to an extent rarely seen, and that's good news for stock pickers. The CBOE S&P 500 Implied Correlation Index, a gauge of lockstep moves in the S&P 500, is close to the lowest it's been all year, according to data from Bloomberg. The index has dropped 14\% so far in 2017 as investors have delineated between the winners and losers of President Donald Trump's expected policies. As of Friday, the measure had been lower on just three occasions since the start of January. It fell 4\% over the last five trading days, its biggest loss in more than two months. In theory, the more stocks operate with a mind of their own, the easier it will be for investors to pick ones that provide market-beating returns. On the flip side, a more homogeneous equity market makes it difficult to find standout winners. It makes sense that this would happen in the early stages of an earnings season, a time when company-specific attributes often win out over broader macro themes that affect large swaths of the market. However, no discussion of stock picking is complete without a mention of the biggest threat to its livelihood: the rapid growth of passive investment. After all, what good are ripe stock-picking conditions if everyone is piling into exchange-traded funds? Passive investments already account for 28.5\% of assets under management in the US, a share that's expected to rise to more than 50\% by 2024 at the latest, according to a Moody's forecast. Jason Trennert, chief investment strategist at Strategas, will have you believe that the decline of the active manager has been highly exaggerated. In a client note on Friday, he argued that the tide will eventually turn once the current business cycle starts to wind down, a development that will expose the risks of index investment. While Trennert, whose firm provides research, advisory services and financial products to institutions, clearly has a horse in this race, there's no denying that the ongoing ETF boom has conveniently coincided with low interest rates and the second-longest equity bull market in history. He sees stock pickers maintaining their relevance well into the future. There is a tendency to know everything about a stock aside from the one thing that turns out to be importa...
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Should We Expect a Trade War Between the U.S. and China?

Apr 22 9:00am ETF Trends
By Frank  Holmes via Iris.xyz Crisis averted—for now. Last week President Donald Trump met for the first time with Chinese President Xi Jinping at his luxury Palm Beach estate Mar-a-Lago, where the two leaders discussed North Korea and trade, among other topics. Several times before I’ve commented on the implications of a possible U.S.-China trade war in response to…...
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Market Keeping You up at Night? Look for the Right Hedge

Apr 22 8:00am ETF Trends
By Adam Patti via Iris.xyz Like so many others in the industry, I was wrong. For years, I was certain that the bull market was nearing its end. I thought the market was over-extended, and that, surely, the wild equities run was coming to an end. But everyone else was bullish, and perhaps rightfully so. And while…...
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Heres Why India ETFs Are Soaring This Year

Apr 22 7:34am ETF Daily News
Terry Ruffolo and Neena Mishra of Zacks Research discuss the huge upturn in India ETFs this year, driven by strong performance of Indian stocks as well as emerging markets in general. Emerging market ETFs are surging in 2017 and within… Read more ›...
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How Much Further Can Oil Prices Fall?

Apr 22 7:28am ETF Daily News
From SCS OTC Corp: The majority of recent oil market coverage has focused on bearish flies in the physical rebalance ointment including elevated OECD crude + refined product stocks and higher than forecast US production. We’ve also covered these developments… Read more ›...
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An Important Oil Index Is Testing A Major 30-Year Support Level

Apr 22 7:16am ETF Daily News
From Dana Lyons: Beleaguered oil stocks are testing important support stretching back 3 decades. It’s no secret that while the broad equity market has fared pretty well so far in 2017, oil stocks have taken it on the chin. If… Read more ›...
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The Future Is Bright For Infrastructure Stocks & Funds

Apr 22 7:11am ETF Daily News
From Franklin Templeton Investments: The sorry state of US infrastructure was a major talking point during the 2016 US presidential election, and was seen as one of the few areas that could garner bipartisan political support. But certainly, the need… Read more ›...
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How to Manage Bond Market Pain, Seek Gain When Rates Are Rising

Apr 22 7:00am ETF Trends
By Nick Gartside via Iris.xyz The realities for fixed income investors have changed. How is this being reflected in markets? Bond investing has become increasingly difficult over the past decade. Markets have been heavily distorted by ultra-low interest rates and quantitative easing, as well as by extreme risk aversion in response to the global economic crisis and…...
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What France ETF Investors Need to Know About the Elections

Apr 21 5:22pm ETF Trends
France and Europe-related exchange traded funds have been on the market’s radar ahead of a closely watched election cycle, and may potentially offer an opportunity for investors ahead. The iShares MSCI France ETF (NYSEArca: EWQ), the largest France exchange traded fund trading in the U.S., is up 7.1\% year-to-date and has gained 1.2\% over the…...
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Investors Should Consider Re-Emerging Market ETFs

Apr 21 4:27pm ETF Trends
Developing economies have played second fiddle to developed market over the past few years, with U.S. equities leading the charge. However, investors are finally beginning to take a closer look at emerging market stocks and exchange traded funds as many search for cheap opportunities. “Here at Deutsche Asset Management, we believe that the time is…...
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ETF Industry Enjoys Record First Quarter Inflows

Apr 21 4:25pm ETF Trends
Exchange traded funds saw record inflows in the first quarter of the year as investors continued to jump on the extended equity market rally, despite concerns of high valuations, and more turned to the cheap and efficient ETF investment vehicle. Global investors funneled $197.3 billion in ETFs over the first three months of the year,…...
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A Way to Bet on the Growth of the ETF Industry

Apr 21 2:58pm ETF Trends
Exchange Traded Concepts, a boutique exchange traded fund provider, partnered with Toroso Investments to launch the first ETF that focuses on companies and fund providers directly participating in the growth of the ETF industry. ETC and Toroso Investments recently rolled out the ETF Industry Exposure & Financial Services ETF (NYSEArca: TETF). TETF has a 0.64\%…...
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U.S. Stock ETFs Take a Back Seat to French Election Risks

Apr 21 2:04pm ETF Trends
U.S. equities and stock exchange traded funds slipped Friday as investors shied away from risk assets ahead of Sunday’s highly contested French national elections. 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: VOO), were down…...
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A Closer Look At A New Actively Managed Bond Fund

Apr 21 12:53pm ETF Daily News
TETF (ETF Industry & Financial Services, Expense Ratio 0.64\%) launched today, and fund literature suggests the high level of growth not only in ETF fund offerings that have occurred over time in recent years, but the proliferation of ETF issuers… Read more ›...
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USO Crude Oil ETF Sees Outflows Begin As Performance Slumps

Apr 21 12:47pm ETF Daily News
Analyst Paul Weisbruch of Street One Financial brings us his daily fund flows report, which today looks at an interesting new fund debuting today, some more outflows in the world’s largest ETF, and poor performance from a major crude oil… Read more ›...
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Turning to Europe in Search of ETF Bargains

Apr 21 11:52am ETF Trends
With the bull market in U.S. stocks aging and investors increasingly feeling stocks here are richly valued, some are turning to Europe and the related exchange traded funds in search of bargains. Eurozone stocks and the related exchange traded funds have been impressive performers this year. For example, the iShares MSCI EMU ETF (NYSEArca: EZU)…...
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Mexico ETF Up 16% YTD, Defying Post-US Election Wisdom

Apr 21 11:47am ETF Trends
Up almost 16\% year-to-date, the iShares MSCI Mexico Capped ETF (NYSEArca: EWW), the largest exchange traded fund dedicated to Mexican equities, is defying the post-US election conventional wisdom that a Trump Administration would be a negative for Mexico’s financial markets. EWW is outpacing the MSCI Emerging Markets Index by about 400 basis points and is…...
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A Nifty Alternative Among Bond ETFs

Apr 21 11:17am ETFs
Interest rates are expected to continue rising in the United States with many market observers believing the Federal Reserve will follow up its March interest rate increase with one or two more rate hikes later this year. However, income investors are still looking for yield beyond U.S. government debt. Plenty of fixed income exchange-traded funds can help investors with that objective, including the iShares U.S. Credit Bond ETF (NYSE: CRED). Often overlooked in the investment-grade corporate bond ETF conversation, CRED is neither young nor small. CRED turned 10 years old in January and has over $1.3 billion in assets under management. Crooning Over CRED CRED follows the Bloomberg Barclays U.S. Credit Bond Index, which is “composed of U.S. dollar-denominated, investment-grade corporate, sovereign, supranational, local authority and non-U.S. agency ...Full story available on Benzinga.com...
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A Fixed Income ETF Strategy for Investors Looking for Extra Yield

Apr 21 11:16am ETF Trends
Fixed income investors looking for some extra yield should consider bond exchange traded funds featuring exposure to international markets. One idea from that group is the iShares U.S. Credit Bond ETF (NYSEArca: CRED). CRED, which tracks the Bloomberg Barclays U.S. Credit Bond Index, turned 10 years old earlier this year. CRED currently sports a 30-day…...
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Momentum ETF Strategy Bets on Hot Movers to Keep Rising

Apr 21 10:57am ETF Trends
The value factor is again generating praise among investors and factor followers, but momentum is also proving sturdy this year. For example, the iShares MSCI USA Momentum Factor ETF (NYSEArca: MTUM) is up more than 9\% year-to-date and is easily topping broader, cap-weighted equity indexes. MTUM tracks large- and mid-cap U.S. stocks with relatively high…...
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Existing Home Sales Surged In March, As Prices Also Gain

Apr 21 10:52am ETF Daily News
From Tyler Durden: Following February’s 3.9\% drop, March existing home sales roared back (up 4.4\% MoM – the fastest growth since Dec 2015) to the highest since Feb 2007 at 5.71 million SAAR. Inventories tumbled (for the 22nd month in… Read more ›...
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Oil & Gas M&A Deals Hit New Record In Q1

Apr 21 10:48am ETF Daily News
From Tsvetana Paraskova: U.S. oil and gas mergers and acquisitions in Q1 2017 hit a record high value for a first quarter, boosted by a wave of mega deals and the attractive Permian shale play, PwC said on Thursday in… Read more ›...
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The Low Down On Long-Short ETFs

Apr 21 10:40am Blog – FMD Capital Management
EMAIL INBOX: Dave – read your article today.  What is your take on the long short ETF space at this point in the market?  Products like DYLS and DYB are looking more appealing in my opinion.  Interested to hear your take. The long/short ETF category is one that many investors... Read more » The post The Low Down On Long-Short ETFs appeared first on FMD Capital Management.
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An Active Bond ETF Thats Ready for Higher Rates

Apr 21 10:38am ETF Trends
Fixed-income investors have been scrambling to adapt their portfolios to a changing environment as the Federal Reserve embarks on a tighter monetary policy in response to an expanding economy and rising inflation expectations. Exchange traded fund investors, though, can consider an actively managed bond strategy that is positioned to hedge the risks while providing steady…...
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Saying Oui to the France ETF Ahead of National Election

Apr 21 10:31am ETF Trends
The iShares MSCI France ETF (NYSEArca: EWQ), the largest France exchange traded fund trading in the U.S., is up 5.3\% year-to-date. That performance can be seen as impressive when considering the controversy surrounding France’s upcoming national election – the first round of voting takes place on Sunday, April 23. EWQ allocates over 37\% of its…...
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Technicals Indicate Nasdaq On The Verge Of A Bullish Breakout

Apr 21 9:34am ETF Daily News
Technical analyst Gary Savage takes a look at the recent quadruple breakout test of the Nasdaq Composite index, and concludes that the index will likely break further to the upside soon — and the other major averages will almost certainly follow suit.… Read more ›...
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Small-Cap Value For A Nominal Fee

Apr 21 9:23am ETFs
Low fees on exchange-traded funds are one of the biggest selling points of this asset class and one of the primary reasons investors are continually ditching higher-fee, under-performing actively managed mutual funds. Lower Fees Attract Assets Even better for investors is that ETF issuers are consistently lowering fees in an effort to attract more assets. Vanguard, the second-largest U.S. ETF sponsor, is one of the low-cost leaders and a frequent participant in the ETF fee war. Lower fees on ETFs, including Vanguard products, has made its way to small-cap funds. Case In Point: VBR Just look at the Vanguard Small-Cap Value ETF (NYSE: VBR). VBR charges a scant 0.08 percent per year, or $8 on a $10,000 stake. That makes VBR cheaper than 94 percent of competing funds, according to Vanguard data. VBR “targets ...Full story available on Benzinga.com...
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Despite A Recent Bounce, Investors Better Off Avoiding Turkey ETF For Now

Apr 21 8:23am ETF Daily News
From Zacks: Turkey held a referendum on Sunday, April 16, 2017 per the results of which the powers of President Recep Tayyip Erdogan are set to increase manifold. The unofficial results showed the ‘Yes’ camp had the majority with a… Read more ›...
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Macau Can Spark The Casino ETF

Apr 21 8:20am ETFs
Up nearly 14 percent year-to-date, the VanEck Vectors Gaming ETF (NYSE: BJK) is at a torrid pace. Macau, the world's largest gambling hub and the only Chinese territory where gambling is legal, is often a driver of BJK's price action and that could prove to be good news for investors as 2017 moves along. Macau Figures: Getting Better Macau revenue numbers have been steadily improving. As Benzinga reported earlier this year, The February Macau revenue number topped analyst estimates of 21.5 billion patacas. Macau recorded 3.1 percent revenue growth in January. With seven consecutive months of positive growth in the books and weak comps ahead in early 2017, Macau finally seems to be headed in the right direction once again. Other data points confirm that Macau is ...Full story available on Benzinga.com...
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Chinese Stocks Have Gone A Record Amount Of Time Without A Real Pullback

Apr 21 8:18am ETF Daily News
From Tyler Durden: The Shanghai Composite Index, notorious for its wild swings over the past two years, has gone 85 trading days without a loss of more than 1\% on a closing basis, the longest stretch since the market’s infancy… Read more ›...
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There's a new way to bet on the world's hottest investment product (TETF)

Apr 21 8:06am Money Game: ETFs
The exchange-traded fund market is getting meta. Investors can now bet on the share movements of companies that derive revenue from ETF trading by — you guessed it — buying a separate standalone ETF. It's an unsurprising next step for the burgeoning industry, for which total combined US assets stood at $2.7 trillion in February, according to the Investment Company Institute. The expansion isn't expected to slow any time soon. As of February 2, passive investments like ETFs and index funds accounted for 28.5\% of assets under management in the US. That share will rise to more than 50\% by 2024 at the latest, according to a Moody's forecast. The ETF Industry Exposure & Financial Services ETF, which trades under the ticker TETF is designed to track the price and yield performance of the Toroso ETF Industry Index. The fund will be maintained by Solactive AG and has four tiers of components, which include: Companies with substantial participation in the ETF industry that provide direct financial impact to shareholders. The group has a weighting of 50\% and includes BlackRock, Charles Schwab, Invesco, State Street, WisdomTree, among others Companies with substantial participation in the ETF industry that provide indirect financial impact. The tier has a weighting of 25\% and includes KCG Holdings, NASDAQ, Intercontinental Exchange, among others Companies with moderate participation in the ETF industry. The group has a weighting of 15\% and includes Bank of New York Mellon, US Bancorp, FactSet, Ameriprise Financial, among others Companies that are new or have a small role in the ETF industry, relative to their overall operations. The tier has a weighting of roughly 10\% and includes Morningstar, Eaton Vance, Goldman Sachs, Legg Mason, Citigroup, among others Investors and advisors have not had opportunities to participate in the growth of the ETF industry itself, Mike Venuto, chief investment officer of Toroso Investments, said in an April 19 statement. That is an issue we've solved. SEE ALSO: Wall Street is changing how it trades the world's hottest investment product Join the conversation about this story » NOW WATCH: The disturbing reason some people turn red when they drink alcohol...
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Very Choppy Action Continues For The Dow Jones Industrial Average

Apr 21 8:05am ETF Daily News
Market technician Dave Chojnacki of Street One Financial wraps up the trading week with a recap of Thursday’s big market rally, which comes amid a particularly choppy past several days, and updates the key technical levels for the major U.S. averages.… Read more ›...
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SPDR Gold ETF Rises Amid Increasing Economic, Geopolitical Fears

Apr 21 7:50am ETF Daily News
From Sean Brodrick: Do you want to see a picture of fear? Just look at what’s happening in the world’s largest gold ETF. The SPDR Gold Trust (NYSE:GLD) added 11.84 metric tons of gold on April 19. That’s the most… Read more ›...
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Junior Gold Miners Offer Greater Risk, And Greater Reward

Apr 21 7:20am ETF Daily News
From Jordan Roy-Byrne: I started following Gold and precious metals in 2002 and first invested in small cap and junior resource companies in 2005. Until recently I always focused on junior producers rather than junior explorers. Production stories were easier… Read more ›...
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