|Bid||30.76 x 4000|
|Ask||30.77 x 4000|
|Day's Range||30.59 - 31.12|
|52 Week Range||29.56 - 85.48|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||-53.36%|
|Beta (3Y Monthly)||-3.10|
|Expense Ratio (net)||0.95%|
The third quarter corporate earnings season is looking gloomy and could test a market that has already been rocked by weak economic data and ongoing trade risks. According to FactSet, a number of companies, such as Wynn Resorts Ltd., Macy’s Inc. and Tyson Foods Inc., are already trying to temper investors' expectations ahead of the coming earnings season, warning that Q3 results could be lower than analysts had expected, the Wall Street Journal reports. Wall Street analysts have been cutting back earnings expectations for all 11 sectors in the S&P 500 in recent months as well.
At a time when multiple whistleblowers may be emerging against President Trump, economic data are showing weakness, a grim earnings season is ahead and professional investors are selling stocks, Trump brilliantly slayed the bears and made bulls behave like puppy dogs. Think what you may of Trump, but the evidence is overwhelming that he is a brilliant market timer. Let’s first explore this issue with the help of a chart and then address two important questions that prudent investors ought to be asking but nobody is talking about.
Prudent investors ought to pay attention to the weakness in what’s widely considered a strong September jobs report released Friday. • The jobs report has a strong headline: The unemployment rate fell to 3.5% vs. 3.7% consensus. • Non-farm private payrolls came in at 114,000 vs. 120,000 consensus.
While history does not always repeat, prudent investors should still be students of it. Please click here for a chart showing the yield curve. Please click here for an annotated chart of S&P 500 ETF (SPY) Even though many investors focus on the Dow Jones Industrial Average (DJIA) it is better to use the S&P 500 or Nasdaq 100 ETF (QQQ) For the sake of transparency, this is the same chart that was previously published without any changes.
The U.S. stock market stepped back from the cliff’s edge with a key reversal Wednesday. Please click here for an annotated chart of iShares 20+ Year Treasury Bond ETF (TLT) For the sake of transparency, the second and third charts were previously published and no changes have been made.
Hawkish Fed outlook and renewed trade tensions shook the market to start August. These inverse ETF areas could be on a tear in the near term.
As the earnings season begins, ETF investors should keep in mind that the upcoming quarterly results may come up short compared to what we have been accustomed to. If the estimate for a decline holds up, it would mark the first time the S&P 500 reported two straight quarters of year-over-year earnings declines in three years.
May's volatility due to the U.S.-China trade wars showed that it’s profitable to be a bear using inverse exchange-traded funds (ETFs) as equity ETF outflows reached $19 billion based on a recent report by State Street Global Advisors. Inverse ETFs present the experienced investor with an alternative for gains that safe haven assets like bonds simply cannot provide. "The current economic environment presents challenges for investors trying to manage their portfolios," wrote Leks Gerlak, Investment Strategist at ProShares.
Monday’s market session saw the Nasdaq Composite enter into correction territory, which made the technology sector a punching bag for bears. Investors fretted over prolonged trade wars with China and now ...
The prolonged pain in the tech space wreaked havoc on the tech-heavy Nasdaq. So, investors can consider shorting the index with a short-term view.
The decade-old U.S. bull market has been threatened by renewed trade fight lately. Investors could ride out the downbeat sentiments through inverse or leveraged inverse ETFs as these products offer big gains in a short span.
The latest volatility due to the U.S.-China trade wars are showing that it’s profitable to be a bear using inverse exchange-traded funds (ETFs). Gains can be had for inverse ETFs of the leveraged variety, ...
ProShares, a premier provider of ETFs, announced today reverse share splits on four of its ETFs. The splits will not change the total value of a shareholder’s investment.
As the market is on its way to witness the worst month since December on renewed trade tensions, shorting the same with ETFs could be a good option.