The ETF Analyzer, Sector SPDR Edition for May 2017 is ready for download. This monthly publication has succinct one-page reports on each of the 10 Select Sector SPDR ETFs in three easy-to-read sections: Investment Summary, Fundamentals, and Composition. It helps investors: Evaluate the funds based on investment merit using fundamental data and analysis Compare the Sector SPDRs with ease on…
Exchange Traded Funds are the most successful financial product in at least a generation. According to the Investment Company Institute, assets invested in U.S.-listed ETFs grew from $2.4 billion twenty years ago to $2.5 trillion at the end of 2016, a growth rate of nearly 42% per annum. Even measured from 10 years ago, when…
Shares of U.S. Steel (X) are down by about 25% today after reporting dismal quarterly results. But it’s not just direct shareholders who are feeling the pain. There are 69 ETFs that also hold shares of U.S. Steel. Below are the top 10 (based on the prior day’s weights; the weight will be lower tomorrow…
Geopolitical concerns can still roil stocks anytime, and not just from global hotspots like Syria or North Korea that are at the center of the news. We were reminded of that today when British Prime Minister Teresa May called for early elections this June. That was a complete surprise to the market, and sent the…
Energy is likely to have been the biggest contributor to overall S&P 500 (SPY, IVV) earnings growth in Q1, the first time that sector has made any significant contribution since the downturn in oil prices several years ago. That’s one of several bright spots in our analysis of earnings expectations as Q1 reporting season gets…
A while back in our blog post Analysts of Lake Wobegon we noted how sell side analysts tend to be an optimistic bunch when it comes to their stock recommendations, and that’s clearly still the case. Of the more than 9,600 consensus recommendations on single stocks in FactSet’s database (our data source), 23% earn the…
The flood of money into ETFs continued in March, though not quite as robust as first blush. According to our database, equity funds saw roughly $39.6 billion in new money for the month, while Bond ETFs captured some $9.2 billion, representing increases in overall assets under management of 1.8% and 1.9%, respectively. However, after adjusting…
The ETF Analyzer, Sector SPDR Edition for April 2017 is ready for download. This monthly publication has succinct one-page reports on each of the 10 Select Sector SPDR ETFs in three easy-to-read sections: Investment Summary, Fundamentals, and Composition. It helps investors: Evaluate the funds based on investment merit using fundamental data and analysis Compare the Sector SPDRs with ease on…
In his recent address to a joint session of Congress President Trump recommitted to his plan to spend $1 trillion over the next ten years on infrastructure using a mixture of private and public funds. Although it’s impossible to say this early stage when such a plan might pass Congress and what the money will…
