All ETF Daily News Articles

After its recent downturn, where are oil prices headed next?

oil stock
From Brian Sozzi:

Sorry Exxon Mobil (XOM), Occidental Petroleum (OXY) and Chevron (CVX) executives, the out-of-the-blue nosedive in oil prices may not yet be over given a barrage of souring global economic data.

NYSE:USO June 6, 2019 6:50pm

A rate cut would cause these ETFs to surge

From Sweta Killa: Fed Chair Powell has suspended the three-year monetary policy tightening program and has signaled his openness to cut rates if needed. This is especially true as Powell commented at the Conference on Monetary Strategy, Tools and Communications Practice that "the Fed is closely monitoring the implications of the trade tensions on the economy and would act as appropriate to sustain the expansion, given a strong labor market and inflation near 2% target."
NYSE:ITB June 6, 2019 2:53pm

Is this week’s market rebound fooling investors?

From Brian Sozzi:

Beware of the trap, bulls -- this market remains treacherous.

NYSE:SPY June 6, 2019 2:47pm

US auto loans continue to make new highs

From Phil LeBeau:
NASDAQ:CARZ June 6, 2019 12:03pm

Are investors ignoring the major warning signs in FANG stocks?

From J.R. Reed:
NYSE:XLK June 5, 2019 6:13pm

Markets rise for second consecutive trading session as investors are hopeful for a rate cut

From Fred Imbert: Stocks added to strong week-to-date performance on Wednesday as investors grew even more confident that the Federal Reserve will lower interest rates this year to reignite an economy wounded by trade battles.
NYSE:SPY June 5, 2019 6:08pm

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

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

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

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

Investors continue to pile into treasuries amid global uncertainty

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

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

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