From Sanghamitra Saha: U.S. banking biggies have cleared the key Stress Test conducted by the Federal Reserve, barring the U.S. division of Credit Suisse. Regulators allowed a majority of the 18 institutions to raise dividends and buy back shares.
NYSE:XLF June 28, 2019 1:56pm
Financials surge after crushing the Feds stress test
Why this Energy ETF could be ready to soar
From Sweta Killa: The Fidelity MSCI Energy Index ETF (FENY) was launched on 10/21/2013, and is a passively managed exchange traded fund designed to offer broad exposure to the Energy – Broad segment of the equity market.
NYSE:FENY
Why this tech ETF could be a Buy heading into next month
From Andrea Kramer: The U.S. stock market is set to wrap up a banner June, with the S&P 500 Index (SPX) fresh off all-time highs. What’s more, several sectors could continue to shine in July, if recent history is any guide.…
NYSE:XLK
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This marijuana ETF just announced it will begin issuing a quarterly dividend
From Business Wire: MJ, The ETFMG Alternative Harvest ETF (NYSE Arca:MJ) has declared an approximate $6.5 million quarterly dividend which equates to $0.18 per share. The dividend will be paid July 3, 2019 to shareholders of record as of the…
NYSE:MJ
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Why this investor thinks the market will tank if trade isn’t resolved at G-20
From Brian Sozzi: One thing many of Wall Street’s top minds could agree on is that if President Donald Trump walks away from this week’s G20 summit with no progress on the U.S.-China trade front, a good bit of air…
NYSE:SPY June 27, 2019 1:25pm
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Stocks rise as US Treasury Secretary Steven Mnuchin fuels hopes of a Chinese trade deal
From Emily McCormick: Domestic stocks rose after U.S. Treasury Secretary Steven Mnuchin stoked hopes of a near-term trade deal with China.
NYSE:SPY June 26, 2019 11:07am
Market remains mixed near all time highs
From Wayne Cole:
NYSE:SPY June 25, 2019 10:29am
Why is the market sentiment low despite the indices being at near record highs
From Ameya Pendse: The S&P 500 closed at a record on Thursday — its first all-time high in seven weeks — after the Federal Reserve signaled that an interest-rate cut may be on the horizon.
NYSE:SPY June 21, 2019 8:54pm
S&P 500 opens at record high, after the Federal Reserve signals a rate cut
From Shreyashi Sanyal: (Reuters) – A rally on Wall Street lost strength on Thursday after the S&P 500 index touched a record high, powered by the Federal Reserve’s signals that it could cut interest rates as early as July to…
NYSE:SPY June 20, 2019 2:07pm
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An interesting dividend ETF that investors should consider buying
From Zacks Equity Research : Making its debut on 09/12/2016, smart beta exchange traded fund Fidelity High Dividend ETF (FDVV) provides investors broad exposure to the Style Box – All Cap Value category of the market.
NYSE:FDVV June 19, 2019 3:23pm
According to Skybridge, the Dow Jones Industrial Average could hit 30,000 by next year
From Brian Sozzi: The Dow 30,000 happening sometime within the next 12 months may not be as insane as it initially sounds.
NYSE:DIA
What to expect when the Fed announces its interest-rate decision today
From Heidi Chung : The Federal Open Market Committee (FOMC) will deliver its interest-rate decision Wednesday, following a two-day meeting. After the committee’s announcement, Federal Reserve Chairman Jerome Powell will hold a press conference. Given the recent escalation of the…
NYSE:TLT
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Growing concerns that natural gas production is outpacing demand growth
From Nilanjan Choudhury: The U.S. Energy Department’s weekly inventory release showed a smaller-than-expected increase in natural gas supplies. However, the injection was higher than the five-year average and the year-ago rise. Therefore, despite a slight recovery, natural gas prices remained…
NYSE:UNG June 17, 2019 4:45pm
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Global X officially files with the SEC to become the latest Cannabis ETF
From Sweta Killa: In order to capitalize on the ongoing boom in marijuana industry, Global X is looking to join this uncrowded space. This can easily be depicted from the recent filing of the Global X Marijuana ETF with the Securities and…
NYSE:MJ June 14, 2019 4:43pm
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Billionaire investor Jeffrey Gundlach sees chance of recession at 65%
From Julia La Roche: Prominent bond investor Jeffrey Gundlach, the CEO of $130 billion DoubleLine Capital, sees the increasing likelihood of a recession within the next six to twelve months.
NYSE:SPY