Consumer Staples ETF (VDC) Hits New 52-Week High
This consumer staples ETF hits a new 52-week high. Are more gains in store for this ETF?
This consumer staples ETF hits a new 52-week high. Are more gains in store for this ETF?
ETF flows may be on track to break the $900 billion inflow record, as investors also bought up VOO and VGT. SPY led outflows.
As September is a yearly time of 'refocus' at work for Canadians following the summer, a new PokerStars study reveals that mastering emotional control and perception management are just as crucial for sharpening workplace behaviour as they are in the high-stakes world of professional sport.
The technology sector (XLK) has been a main driver of markets, but can this trend continue into a period of market uncertainty (^DJI, ^IXIC, ^GSPC)? Crossmark Global Investments chief market strategist Victoria Fernandez joins Morning Brief to discuss her outlook on why she believes tech is due for a downturn. Fernandez acknowledges that tech has been a leading force in markets. However, she advises investors to trim these positions as markets enter a clear period of uncertainty and potential volatility (^VIX). She doesn't believe that tech will continue to lead throughout 2024, stating, "I think you're gonna see some broadening out in some of those other sectors," highlighting areas like financials (XLF). For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Despite tech volatility seen in early August, US stocks closed the month of August with gains as optimism grew around potential Fed rate cut.
Investors turn defensive as historically volatile months arrive.
Second-quarter earnings season has brought to light different signals about where each market sector is heading. The retail sector (XRT) and tech sector (XLK) being among the spaces that saw a mixed bag of results from its top players. MarketGauge.com chief strategist Michele Schneider joins Market Domination to give insight into what investors need to know about the current market environment following earnings, underlining how best to trade on technicals from each of these industries. Schneider explains the consumer play as retailers deliver winning or lagging quarterly results amid price-conscious shoppers, while the retail sector is "very close to a major breakout." Turning to tech, Schneider details hidden opportunities to watch and how investors should be "treading water." She names Eli Lilly (LLY) as one other stock that is "treading water" but in a different manner than tech. Eli Lilly could potentially see $150 to $200 more in this stock coming up, Schneider says. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Ivana Freitas.
The wirehouse will increase its active offerings over the next three to five years.
NVIDIA, Strive U.S. Semiconductor ETF, VanEck Vectors Semiconductor ETF, Select Sector SPDR Technology ETF, Grizzle Growth ETF and TrueShares Technology, AI and Deep Learning ETF are included in this Analyst Blog.