From Chris Kimble: Technical analyst explains why a key level in a popular technology-focused ETF should be watched very closely as we approach end of year.
From Chris Vermeulen: Recent moves in the FANG stocks shows that capital is starting to reposition within the global market. As the end of the year approaches, expect more of this type of capital control to drive greater volatility within the markets.
From Zacks: The U.S. technology sector was irresistible until recently as evident by the 19.5% year-to-date gains in the tech-heavy Nasdaq-100 ETF PowerShares QQQ ETF (QQQ) and 18.6% advancement in Technology Select Sector SPDR ETF (XLK).
From BlackRock: Rick Rieder explains the economic implications of “the Amazon effect.”
From Sean Brodrick: You could pave the road to hell with the bodies of analysts who have tried to call a market top this year. So, let me take a swig of courage. Because I strongly believe Highty Mighty Tech stocks are about to be humbled.
From Tyler Durden: “Buy and Hold”… for 17 years to turn a profit. After a nine-day winning streak, the S&P 500 Technology Sector has finally surpassed its dotcom bubble peak.
From Jon Markman: Passively managed exchange-traded funds are clobbering the performance of actively managed mutual funds this year. And brainy portfolio managers are starting to freak out.
From Franklin Templeton Investments: Intensifying demand to have everything at one’s fingertips seems to be the driving force behind the innovation in technology, finance and even industrials.
From Zacks: Now that we are about to draw the curtain on the first half of 2017, a flashback of these six months sounds like a good idea. The start of the year was buoyant with Trump taking the presidential chair in the U.S. and the broader market continuing to cheer his pro-growth promises. The […]
The tech sector finally experienced a long-awaited selloff on Friday, and the Technology Select Sector SPDR Fund (NYSE:XLK) clearly felt the heat.
From Jon Markman: Imagine the ability to look at something and know almost everything about it. It would kind of be like a superpower.
From Contrarian Outlook: Income investors often ignore the technology sector. That’s a shame, because tech stocks have been one of the best sources of dividend growth over the past few years.
From Tyler Durden: As one would expect, in a week that saw the biggest one-day drop in US equities since last September, retail investors bailed on US stocks resulting in what BofA dubbed “risk-off flows” as $1.6 billion was pulled from global equities.
From Taki Tsaklanos: Technology is the top performing stock market sector. Its long term chart is truly amazing. Since markets bottomed in 2009, the technology index is up 5-fold.
From Zacks: Shares of Google parent Alphabet (GOOGL – Free Report) jumped 4.27% in after-hours trading on Thursday, April 27, 2017, owing to better than expected results. The company reported a year-over-year 22.2% increase in net quarterly revenues. It beat the Zacks Consensus Estimate on both earnings and revenues in the first quarter of 2017.