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You Don't Say? NAFTA Risks Linger For Mexico ETF
Tuesday, October 31, 2017 - 9:18am | 532Leading up to and immediately following the 2016 U.S. presidential election, the iShares MSCI Mexico Capped ETF (NYSE: EWW) was one of the worst-performing emerging markets single-country exchange-traded funds thanks in large part to harsh anti-immigration rhetoric from President Donald Trump....
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Exercising Caution With Energy ETFs
Tuesday, October 3, 2017 - 9:55am | 577The Energy Select Sector SPDR (NYSE: XLE), the largest exchange-traded fund tracking the energy sector, jumped more than 9 percent in September. That was easily the best monthly performance for the benchmark energy ETF this year and one that is sparking renewed enthusiasm for the energy sector,...
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Another Positive For India ETFs
Monday, May 15, 2017 - 9:05am | 541Already among the best-performing single-country emerging markets exchange-traded funds this year, India ETFs could be further supported by the improving health of the country's big banks. The WisdomTree India Earnings Fund (ETF) (NYSE: EPI), one of the largest India ETFs trading in the U.S.,...
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Macau Can Spark The Casino ETF
Friday, April 21, 2017 - 8:20am | 520Up nearly 14 percent year-to-date, the VanEck Vectors Gaming ETF (NYSE: BJK) is at a torrid pace. Macau, the world's largest gambling hub and the only Chinese territory where gambling is legal, is often a driver of BJK's price action and that could prove to be good news for investors as...
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Will The Coming Subprime Auto Loan Calamity Affect Tesla?
Thursday, April 13, 2017 - 1:32pm | 1264The deterioration in U.S. auto credit is expected to continue in 2017, Fitch Ratings said in a report released in early April. Specifically, the firm sees auto asset-backed securities portfolios at risk. With subprime loan saga rearing its ugly head once again, auto lenders, as well as automakers...
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Interest In Indonesia ETFs
Thursday, April 6, 2017 - 11:25am | 548Among emerging markets single-country exchange traded funds, the iShares MSCI Indonesia ETF (NYSE: EIDO) and the VanEck Vectors Indonesia ETF (NYSE: IDX) can get lost in the shuffle, but Indonesian equities are solid performers this year. Taking A Trip To Indonesia EIDO and IDX, the older of the...
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A More Favorable Regulatory Environment For Telecom ETFs
Wednesday, March 22, 2017 - 9:26am | 458The first quarter of 2017 hasn't been kind to the telecom sector and the related exchange traded funds. Between investors favoring higher beta, cyclical sectors and the bond-like traits of telecom stocks, a disadvantage against the backdrop of rising U.S. interest rates, the sector is scuffling...
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South Africa ETF Still Faces Credit Concerns
Monday, November 28, 2016 - 12:42pm | 488The iShares MSCI South Africa Index (ETF) (NYSE: EZA) is up 11.4 percent year-to-date, good for one of the admirable performances among single-country emerging markets exchange-traded funds, but EZA's showing should not be interpreted as a sign of easy money. South Africa is the world's...
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More Industry ETFs That Should Like The Trump White House
Tuesday, November 22, 2016 - 11:27am | 614Now two weeks removed from Election Day, it is not a stretch to say one of the safest spaces of all has been the U.S. equity market. Those looking for tactical safer spaces can certainly find them with myriad sector and industry exchange-traded funds with much of that safety coming from financial...
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A Problem Area Within A Problem ETF
Monday, November 21, 2016 - 9:37am | 509The iShares MSCI Mexico Inv. Mt. Idx. (ETF) (NYSE: EWW) is in a well-documented tailspin. Down nearly 12.1 percent year-to-date, the largest exchange-traded fund tracking stocks in Latin America's second-largest economy is one of this year's worst-performing single-country emerging markets...
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Trump May Not Be All Gravy For Bank ETFs
Monday, November 14, 2016 - 1:37pm | 546Broadly speaking, political donors on Wall Street backed Democrat Hillary Clinton in this year's presidential election. Judging by the reaction to Republican Donald Trump's stunning upset, financial services stocks and the corresponding exchange-traded funds are comfortable with the idea of...
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Bank ETFs: Don't Expect Much Out Of Q4 Earnings
Thursday, November 3, 2016 - 10:28am | 474Broadly speaking, big-name holdings in financial services exchange-traded funds, such as the Financial Select Sector SPDR Fund (NYSE: XLF), delivered solid third-quarter earnings reports. Amid election year uncertainty and ongoing speculation about the timing of a rate hike from the Federal Reserve...
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Auto Industry Shifting From New To Used? CarMax Consistently Outperforms During Car Stock Weakness
Monday, October 24, 2016 - 3:22pm | 396New car sales have no doubt been on a hot streak. Coming off a record year in 2015, and what looked to be shaping up as another historic industry, there are now threats that the trend has since reversed. A combination of higher cash incentives and 0 percent financing to entice consumers have cut...
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Fitch Says Auto Dealer Profits Appear To Have Peaked, Incentives Pressuring Margins
Thursday, October 20, 2016 - 1:49pm | 350The best of times may have passed for U.S. auto dealers, according to a new report from Fitch Ratings. U.S. auto sales hit a record in 2015 and were on track to improve and break its record in the first half of 2016. The trend has since reversed. Vehicle sales are likely past their peak and dealer...
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These ETFs Could Endure An Oil Slide
Thursday, October 20, 2016 - 1:42pm | 554The caveat here is “maybe” the following exchange-traded funds could endure an oil shock, though past performance indicates it will be difficult. After all, the iShares MSCI Saudi Arabia Capped ETF (NYSE: KSA) and the iShares MSCI Qatar Capped ETF (iShares Trust (NASDAQ: QAT)) are two...