Utilities ETF (UTES) Hits New 52-Week High
This utilities ETF hits a new 52-week high. Are more gains in store for this ETF?
This utilities ETF hits a new 52-week high. Are more gains in store for this ETF?
Semiconductors remain a red hot field of technology. Market analyst Charlie Bilello pointed out in a recent blog post that the iShares Semiconductor ETF (NASDAQ: SOXX) has outperformed every other industry group over the last decade, rising 10x. The Invesco QQQ ETF (NASDAQ:QQQ) that tracks the Nasdaq 100 index is up 4.3x in the last 10 years, while leading gold and energy ETFs have each increased 1.5x. Bilello calls the move higher in semiconductors relative to the broader market “parabolic.” Cl
The ActivePassive US Equity ETF saw its assets under management jump 14% in a single day.
Earnings season — among many other factors — has the stock market (^DJI, ^IXIC, ^GSPC) stressed, resulting in heightened volatility. Tidal Financial Group portfolio manager Michael Gayed joins Wealth! to share his perspective on why investors should adopt a defensive stance through very specific sectors. Gayed, the publisher of The Lead-Lag Report, explains that playing the market defensively involves asking, "How do you lower exposure to the factor that is likely to be most volatile?" He identifies four key areas that not only serve as leading indicators of market volatility but also tend to benefit during such periods: utilities (XLU), gold (GC=F), long-duration Treasurys (^TYX, ^TNX, ^FVX), and the US dollar. Gayed also addresses the market's concerns about geopolitical risks and long-term blowbacks to stocks. For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Angel Smith
Ryan O’Connor takes over amid concerns about executive turnover.
Investors should think about currencies again.
ETFs holding the EV stock are sharply underperforming the market this year.
Eight of the largest 10 active ETFs are outperforming their respective category peers.
Asset Allocation Defined: Achieving a desired risk and return configuration by investing funds across different types of asset categories.