From Scott McGovern: Some of the biggest companies in the world are poised to profit from legalization. Meet the biggest non-weed companies investing in cannabis.
NYSE:MJ June 28, 2019 6:33pm
Here are the main industries investing in marijuana
Vanguard ETF assets now total over $1 trillion
From Todd Shriber: Given its asset-gathering acumen and penchant for delivering some of the lowest cost exchange traded funds, it was just a matter of time before Vanguard entered the $1 trillion ETF club. The Pennsylvania-based index fund giant has…
NYSE:VTI June 27, 2019 11:30am
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A new gaming ETF hits the market
From Todd Shriber: Another exchange traded fund dedicated to the fast-growing video game industry is here. As was previously noted in this space, the Defiance Future Tech ETF was to be replaced by the Defiance Next Gen Video Gaming ETF VIDG 1.59%. VIDG made its…
ETF BASIC NEWS June 25, 2019 3:04pm
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Could the MLPX ETF be a Buy due to the expectation of lower rates?
From Todd Shriber: Exchange traded funds with exposure to master limited partnerships are outperforming traditional energy funds in a significant fashion in 2019, and with the Federal Reserve poised to potentially lower interest rates, high-yield assets such as MLPs could receive…
NYSE:MLPX June 21, 2019 8:48pm
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Why Horizons Marijuana Life Sciences Index ETF (MJ) will continue to push higher
From Matthew Carr: The end of prohibition is here – You can literally smell it in the air. Year-to-date, the Horizons Marijuana Life Sciences Index ETF HMLSF 0.94% is up 38 percent. That’s more than double the return of the Nasdaq, S&P 500 or the…
NYSE:MJ June 18, 2019 7:08pm
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Goldman Sachs says residential solar stocks will continue to shine in the second half of 2019
From Wayne Duggan: Solar stocks have made a big comeback so far in 2019, with the INVESCO EXCHANG/SOLAR ETF TAN 4.14% up 48.5% year to date. However, one Wall Street analyst said Tuesday residential solar stocks will continue to shine in the second…
NYSE:TAN
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Texas legalizes hemp and CBD products
From FreightWaves: Good day,
NYSE:MJ June 12, 2019 6:10pm
Will growth stocks continue to outpace value stocks?
From Todd Shriber: Growth stocks and the related exchange traded funds took their lumps in May, but year to date, the iShares Russell 1000 Growth ETF (NYSE: IWF) is higher by 18.40 percent, an advantage of 530 basis points over…
NYSE:VUG June 11, 2019 11:45am
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Could there be a new marijuana ETF on the way?
From Todd Shriber: Global X, one of the largest purveyors of thematic exchange traded funds, is looking to add that lineup with a cannabis ETF.
NYSE:MJ
Are Utility and Health Care ETFs good buys in June?
From Todd Shriber: Following a rough May for U.S. stocks, investors will not be pleased to know June is, historically, an unpleasant month for stocks. Over the past 20 years, the S&P 500 averages a June decline of 0.70 percent,…
NYSE:XLV June 3, 2019 12:41pm
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Will the dollar continue to show strength amidst US-China trade war?
From Todd Shriber: After ranking as one of last year’s best-performing major currencies, the U.S. dollar was supposed to give back some of those gains in 2019. The Invesco DB US Dollar Index Bullish Fund UUP 0.02%, the largest exchange traded fund…
NYSE:UUP May 30, 2019 4:47pm
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Oil prices fall as US stockpiles grow
From Jayson Derrick: Brent crude and West Texas Intermediate futures were each lower by around 2 percent Wednesday morning with multiple factors at play.
NYSE:USO May 29, 2019 3:21pm
Texas approves the expansion of its medical marijuana program
From Brendan Bures: In a stunning turn of events, the Texas Senate unanimously approved the expansion of the state’s medical marijuana program to include more qualifying conditions and make the process easier for patients. The bill had previously passed in…
NYSE:MJ May 24, 2019 6:25pm
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Rare Earths ETF rises on US-China trade war concerns
From Todd Shriber: The latest market segment to take center stage in the U.S.-China war is the rare earths space. The previously moribund VanEck Vectors Rare Earth/Strategic Metals ETF REMX 2.17%followed up Monday’s heavy volume gain of 6 percent with an almost…
NYSE:REMX May 22, 2019 6:34pm
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Report: The U.S. marijuana market will reach almost $23 billion in sales in 4 years
From Javier Hasse: A new report projects the cannabis market in the United States will reach $22.7 billion in sales by 2023. The estimates in the Brightfield Group report imply a compound annual growth rate (CAGR) of 20 percent over…
NYSE:MJ May 21, 2019 2:34pm
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