All ETF Daily News Articles

Oil plunges into bear market territory, could this be why?

oilbarrell
From Tom DiChristopher:
NYSE:USO June 5, 2019 6:02pm

U.S. job creation collapses in May, should investors be worried?

employment
From Jeff Cox:
NYSE:SPY June 5, 2019 3:08pm

Investors continue to pile into treasuries amid global uncertainty

Guyatcomputer
From BNK Invest: Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) where we have detected an approximate $680.8 million dollar inflow -- that's a 5.0% increase week over week in outstanding units (from 103,100,000 to 108,300,000). The chart below shows the one year price performance of TLT, versus its 200 day moving average:
ETF BASIC NEWS June 5, 2019 3:02pm

Could this be a major factor marijuana investors are missing?

From Dan Caplinger:

Marijuana stocks have inspired a new generation of investors to look more closely at the stock market, and the budding industry has seen a lot of activity recently. In just the past year, the legalization of recreational marijuana across Canada has been a trigger point for explosive growth among some of the largest cannabis companies in the world. Ongoing efforts to make pot legal across the U.S. have also drawn attention to the industry, leading investors to try to identify those companies most likely to take full advantage of the coming opportunity in cannabis.

NYSE:MJ June 5, 2019 10:23am

After gold’s recent rally, analysts are keeping their eyes on silver to follow suit

From Neils Christensen: All eyes are on the gold market after prices pushed to a two-week high at the start of the week, but some market analysts say that the precious metal to watch is silver.
NYSE:SLV June 4, 2019 3:31pm

A new ETF launched today that gives investors access to the esports craze

From Annie Pei: Investors can now get their game on with a new esports ETF.
ETF BASIC NEWS June 4, 2019 3:24pm

How cold storage warehouses became a popular real estate investment

realestatelogo
From Diana Olick:
NYSE:XLRE June 4, 2019 3:16pm

The reason why the Fed might actually cut rates in June

stock ticker board
From Stephanie Landsman:
NASDAQ:TLT June 4, 2019 3:11pm

Federal Reserve Chairman Powell suggests the Fed is prepared to cut rates, if needed

From Jeff Cox: Federal Reserve Chairman Jerome Powell said the central bank is watching current economic developments and will do what it must to keep the near-record expansion going.
Financial markets have been nervous lately over an escalating trade war that has spread from China and now could include Mexico. At the same, government bond yields are behaving in a way that in the past has been a reliable recession indicator. Powell began a speech Tuesday in Chicago by addressing "recent developments involving trade negotiations and other matters." "We do not know how or when these issues will be resolved," he said in prepared remarks. "We are closely monitoring the implications of these developments for the U.S. economic outlook and, as always, we will act as appropriate to sustain the expansion, with a strong labor market and inflation near our symmetric 2 percent objective." Powell's comments came at the "Conference on Monetary Strategy, Tools and Communications Practices," a kickoff for an examination the Fed is conducting this year about the tools it has to meet its goals as well as the way it is communicating its actions to the public. He did not address any other specific issues relating to current conditions. Market are broadly expecting the policymaking Federal Open Market Committee to cut its benchmark rate twice before the end of the year in response to current conditions. For his part, Powell has stuck to the position that the Fed remains data dependent. The most recent FOMC statement, from its May meeting, indicated that the committee is taking a patient stance toward policy changes at conditions evolve.  
Looking down the road
In his speech Tuesday, Powell took a longer view, outlining the challenges the Fed faces ahead for when the next crisis hits. The current low rate environment leaves the Fed little room before it hits the zero lower bound, or the point where the Fed's nominal benchmark rate can't be lowered much more. "In short, the proximity of interest rates to the ELB has become the preeminent monetary policy challenge of our time, tainting all manner of issues with ELB risk and imbuing many old challenges with greater significance," he said. The Fed faces a problem with inflation, which has yet to sustain at the central bank's 2% goal. Powell said persistently low inflation could lead to "a difficult-to-arrest downward drift" in expectations. At issue for the future are three main considerations: where current policy is enough to address inflation misses; if the Fed's toolkit of rate moves and asset purchases is enough to achieve the dual mandate of full employment and price stability, and how best to communicate policy to the public. One consideration is whether the "dot plot" of individual FOMC members' rate projections is helping. Powell suggested that during times of stress, the closely followed "median dot" actually could become the "least likely outcome." Powell said the tools used during the crisis -- near-zero rates and asset purchases that took the balance sheet to more than $4.5 trillion -- are likely to be deployed again. "Perhaps it is time to retire the term 'unconventional' when referring to tools that were used in the crisis. We know that tools like these are likely to be needed in some form in future ELB spells, which we hope will be rare," he said.

The Technology Select Sector SPDR ETF (XLK) was trading at $72.34 per share on Tuesday afternoon, up $1.71 (+2.42%). Year-to-date, XLK has gained 13.47%, versus a 4.92% rise in the benchmark S&P 500 index during the same period. XLK currently has an ETF Daily News SMART Grade of A (Strong Buy), and is ranked #1 of 79 ETFs in the Technology Equities ETFs category.
This article is brought to you courtesy of CNBC.
NYSE:XLK June 4, 2019 12:37pm

Stock market reverses, rallies on trade optimism

From Chris Matthews and Mark DeCambre: Stocks rose sharply Tuesday, extending gains after remarks by Federal Reserve Chairman Jerome Powell were seen by some investors as opening the door to a rate cut. Support was also tied to renewed hopes tensions between the U.S. and its major trading partners would die down.
NYSE:SPY June 4, 2019 12:30pm

How will the trade war hurt the auto industry?

CarDealership
From Nick Robertson:

The prices of cars are going up.

NASDAQ:CARZ June 4, 2019 12:23pm

The IATA downgrades its outlook for the airline industry

plane
From Matthew Kazin:

The International Air Transport Association (IATA) downgraded its outlook for the world's airline industry due to the rising cost of fuel and weakening world trade.

NYSE:XTN June 3, 2019 6:56pm

Regulation fears cause Nasdaq to sell-off

Technology Sector
From Fred Imbert: Stocks fell on Monday, June's first day of trading, amid reports that the U.S. government is planning to target a host of big tech companies with antitrust and business practice probes. Shares of Alphabet, Amazon, Facebook and Apple all weighed on the market during Monday's session.
NASDAQ:QQQ June 3, 2019 4:18pm

Gold prices jump, hit 10 week high

From Reuters: Gold jumped more than 1% on Monday to its highest in more than nine weeks on worries that U.S.-Chinese trade tensions and Washington's threat of tariffs on Mexico would hurt the global economy.
NYSE:GLD June 3, 2019 2:36pm

Why the price of silver could be on the cusp of a major rally

From Chris Vermeulen: The recent rally in Gold got a lot of attention last Friday (the end of May 2019).  We had been warning about this move for the past 8+ months and generated an incredible research post in early October 2018 that clearly highlighted our belief that Gold would peak above $1300 early in 2019, then stall and move toward $1270 near April/May 2019, then begin an incredible upside price rally in June/July/Aug 2019.  We couldn't have been more clear about this prediction and we posted it publically in October 2018.
NYSE:SLV June 3, 2019 2:28pm

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