Sector ETFs
Financials Lead The S&P 500 Past Important Milestone
The S&P 500 closed above 2,000 for the first time ever on Tuesday. It’s an impressive milestone for the large cap index. But most people hardly even noticed… A recent Gallup poll showed that just 7% of Americans knew that the S&P 500 was up 30% last year. Given those stats, I guess the lack […]
3 ETFs Holding Apple – IYW, XLK, FTEC
Apple’s (AAPL) stock is hot again. After adjusting for the 7 for 1 stock split in June, AAPL is now above the pre-split high of $700 it reached in September of 2012. Today, AAPL hit a new all-time high of $101. The stock has recouped the 45% peak to trough drop it endured in late […]
Industrials And Health Care Lead Market Rebound
Over the last week, the S&P 500 has shaken off geopolitical concerns and moved 3% higher. Amazingly, the S&P 500 survived another pullback without breaching the 200-day moving average. In fact, the large cap index has been above this key support level for a record 435 trading days. That’s the longest stretch for the S&P […]
Housing Market Taking A Toll On Small-Cap Stocks
One of the biggest stories of 2014 is the weakness in small-cap stocks. The iShares Russell 2000 ETF (IWM) is down 3% so far this year while the S&P 500 large cap index is up 4.4%. In other words, small-caps are underperforming large-caps by 7.7%. That’s the widest margin of small-cap underperformance in 16 years! […]
ETFs Holding Nabors Industries (NBR)
Right now, the US is in the midst of an energy revolution. Horizontal drilling or fracking has allowed oil & gas exploration and production companies to unlock massive amounts of oil and gas that was previously inaccessible. It has allowed the US to slash their crude oil imports. In June, total US imports fell 5.7% […]
Industrial Sector Breakdown
We’re right in the thick of 2nd quarter earnings season. So far, companies in the S&P 500 have done a good job of beating analysts’ revenue and earnings estimates. At the end of last week, 78% of the companies in the S&P 500 that had reported beat earnings per share estimates. And today’s GDP report […]
3 ETFs Holding Goldman Sachs- IAI, KBWC, IYG
The second quarter earnings season is now in full swing. One of the early winners in this earning cycle is Goldman Sachs (GS). They beat analysts’ revenue and earnings per share estimates. Analysts were expecting $8 billion in revenue and $3.07 EPS. But GS had $9.13 billion in revenue and $4.07 EPS. That’s a solid […]
Technology ETF Showdown – XLK, XSD, TDIV
In today’s ETF showdown, we’re taking a look at Technology ETFs. Technology stocks are quietly having a great year. But we haven’t heard much about the steady returns tech stocks are producing. The sector has been overshadowed by internet and other high flying growth stocks. Stocks like LinkedIn (LNKD), Twitter (TWTR), and Facebook (FB) started […]
Utilities Sector Is Overvalued
Stocks have enjoyed a nice move to the upside this year as the economy improves, interest rates remain low, corporate earnings are strong, and stock buybacks have expanded. Coming into this week, investors’ risk appetite hadn’t changed much over the last few months. Investors are positioning themselves for an upturn in economic growth. And last […]
Don’t Be Afraid To Be Optimistic
Over the past few weeks, investors have had a lot of information to digest. There’s been the usual economic data. The most troubling was the revision to US GDP that said the US economy actually shrunk at an annualized pace of 2.9% in the first quarter… the biggest drop since 2009. The main reason for […]
