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Why Clouds Could Emerge For The Solar ETF
Tuesday, February 12, 2019 - 12:20pm | 542As has been widely documented, traditional energy stocks and exchange traded funds were drubbed last year. Old guard energy ETFs incurred losses of around 20 percent or more. Alternative energy ETFs were not immune from that trend. Some performed even more poorly than traditional energy ETFs. The...
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BATs Bounce Back, Lift This ETF
Thursday, January 31, 2019 - 10:20am | 565In the United States, there are the FANG stocks: Facebook Inc. (NASDAQ: FB), Amazon.com Inc. (NASDAQ: AMZN), Netflix, Inc. (NASDAQ: NFLX) and Google parent Alphabet Inc. (NASDAQ: GOOGL). China has its own easy-to-remember acronym for fast-growing Internet-related fare: BATs for Baidu.com Inc...
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Macau Poised To Boost Casino ETF
Friday, February 23, 2018 - 10:44am | 539The VanEck Vectors Gaming ETF (NYSE: BJK), the only exchange traded fund dedicated to casino and gambling stocks, is up modestly this year and higher by nearly 35 percent over the past 12 months. Bullish data out of Macau cold support further upside for BJK. BJK marked a decade on the market in...
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The Prescription For Generic Drugs ETF
Tuesday, August 15, 2017 - 8:39am | 597The health care sector, the third-largest sector weight in the S&P 500, is bouncing back in an impressive fashion this year after posting its first annual loss last year since 2008. While diversified health care exchange traded-funds are up 14 percent or more year to date, some more focused...
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FTC Subprime Auto Lending Investigation Could Be Early Sign Of A Deteriorating Market
Friday, February 17, 2017 - 4:02pm | 481Credit Acceptance Corp. (NASDAQ: CACC) shares are down more than 5.1 percent on Friday after Bloomberg reported that the Federal Trade Commission has requested information from the company regarding its use of ignition kill switches and GPS systems in debt collection. Kill switches in vehicles...
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Potash And Agrium Shareholders To Take Merger Vote Thursday
Wednesday, November 2, 2016 - 3:54pm | 409The grand merger in the agri-input space is well and truly on. Agrium Inc. (USA) (NYSE: AGU) and Potash Corporation of Saskatchewan (USA) (NYSE: POT) will take their deal one step closer to consummation when their respective shareholders vote on the transaction Thursday. On September 12, Agrium and...
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The Up And Down Of The Greece ETF
Wednesday, October 12, 2016 - 2:46pm | 538Perhaps due to the struggles of the iShares MSCI Italy Index (ETF) (NYSE: EWI), the Global X MSCI Greece ETF (Global X Funds (NYSE: GREK)) is not the most notorious member of the quintet of single-country exchange-traded funds dedicated to PIIGS economies. Nor is GREK the worst performing member of...
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An Important Sector Firms For Indonesia ETFs
Thursday, September 22, 2016 - 3:44pm | 562The Market Vectors Indonesia Index Etf (NYSE: IDX) and the iShares MSCI Indons Invstbl Mrkt Indx Fd (NYSE: EIDO) are each up just over 28 percent year-to-date. That easily outpaces the 18.5 percent returned by the MSCI Emerging Markets Index. Indonesia ETFs' resurgence is market by some of the...
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From Russia With Cash ... Sort Of
Friday, September 2, 2016 - 8:57am | 651The Market Vector Russia ETF Trust (NYSE: RSX) is one of this year's best-performing emerging markets single-country ETFs. RSX, the largest and most heavily traded Russia ETF listed in the United States, is up 23.8 percent year-to-date, an advantage of 860 basis points over the MSCI Emerging...
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Banking Woes Not Over For Brazil ETFs
Tuesday, June 21, 2016 - 1:23pm | 606The iShares MSCI Brazil Index (ETF) (NYSE: EWZ) is higher by nearly 36 percent this year, making it one of the best performing emerging markets single-country exchange-traded funds. EWZ's performance and those of Brazilian stocks is undoubtedly impressive in the face of steep economic and...
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Fitch Says Drug Approvals Are Driving Targeted Acquisitions In U.S. Pharma
Tuesday, May 17, 2016 - 5:26pm | 250The strategy in pharmaceuticals has switched from blockbuster M&A deals towards smaller targets. This trend highlights increased drug approvals by the FDA. Drug approvals have continued to grow year on year. "We expect approvals to remain relatively strong in the intermediate term,...
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Fitch On South America's Big Economies: Shaves Brazil, Upgrades Argentina
Tuesday, May 10, 2016 - 4:44pm | 516Fitch Ratings has been reviewing its stance on South America. Between last Thursday and this Monday, the firm decided to downgrade its rating on Brazil’s: Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs), from 'BB+' to 'BB,' keeping a Negative...
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Maybe Some M&A Activity For These ETFs
Tuesday, March 8, 2016 - 9:33am | 570Down an average of 8 percent year-to-date, the SPDR KBW Regional Banking (ETF) (NYSE: KRE) and the iShares Dow Jones US Reg Banks Ind.(ETF) (NYSE: IAT) are prime examples of financial services exchange traded funds that have been confounded by declining Treasury yields. Losses for more diversified...
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Divergences Between Equities, High-Yield Bond ETFs
Thursday, January 28, 2016 - 9:52am | 501Amid a spate of energy issuer defaults and downbeat performances by CCC-rated issues, tensions are running high in the U.S. junk bond market. Last year, the iShares iBoxx $ High Yield Corp Bond (ETF) (NYSE: HYG) and the SPDR Barclays Capital High Yield Bnd ETF (NYSE: JNK), the two largest junk bond...
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Another Murky Year Could Await Indonesia ETFs
Wednesday, January 20, 2016 - 9:12am | 543The iShares Indonesia Investable Market Index Fund ETF (iShares MSCI Indons Invstbl Mrkt Indx Fd (NYSE: EIDO)) and the Market Vectors Indonesia Index ETF (NYSE: IDX) are down an average of just 2.75 percent this year compared to a loss of 10.3 percent for the MSCI Emerging Markets. From 2010...