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3 Reasons Tech Stocks May Continue To Struggle
Tuesday, June 15, 2021 - 6:39pm | 420So far in 2021, the Vanguard Value Index Fund ETF (NYSE: VTV) is up 17.4% nearly double the year-to-date return of the Technology Select Sector SPDR Fund (NYSE: XLK). Over the past decade, periods of time in which tech stocks have lagged value stocks have been short and sweet, but LPL Financial...
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Here's Why Stock Valuations Are Still 'Quite Reasonable'
Monday, April 26, 2021 - 5:21pm | 564The SPDR S&P 500 ETF Trust (NYSE: SPY) is now up roughly 90% from its March 2020 lows in just 13 months. A number of traditional valuation metrics are now indicating stocks are extremely overvalued relative to historical norms, but LPL Financial analyst Jeffrey Buchbinder said Monday ...
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Fintech Focus For November 16, 2020
Sunday, November 15, 2020 - 10:15pm | 1771Quote Of The Day: If you are not willing to risk the usual, you will have to settle for the ordinary. - Jim Rohn Fintech Movers: The most well-funded US fintech startup is SoFi, with $2.5B in disclosed equity funding. The San Francisco-based personal finance platform offers an array of financial...
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'Upside Surprise': Stock Market Update For The Week Ahead
Sunday, November 15, 2020 - 7:26pm | 1155The Past Week, In A Nutshell What Happened: Last week ended positively on news that a Pfizer Inc (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) COVID-19 vaccine was more than 90% effective in preventing the virus in participants without evidence of prior infection. Remember This: “We believe the...
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Second Wave Of Pandemic Weakens Case For European Stocks
Friday, September 25, 2020 - 2:24pm | 431The Vanguard European Stock Index Fund ETF (NYSE: VGK) is down 5.7% this week as a second wave of the coronavirus pandemic slams Europe. On Thursday, LPL Financial Equity Strategist Jeffrey Buchbinder said spiking COVID-19 cases in Europe have him reconsidering his bullish stance on European...
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5 Takeaways From A Surprisingly Strong Earnings Season
Wednesday, August 19, 2020 - 6:30pm | 432While second-quarter earnings for S&P 500 companies are down 33% year-over-year, 82% of companies reporting have exceeded analyst expectations, the highest percentage in FactSet’s tracking history. Q2 Takeaways: LPL Research analyst Jeffrey Buchbinder recently discussed the blowout second...
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4 Reasons There's A Disconnect Between The Red Hot Stock Market And Ice Cold Economy
Tuesday, August 11, 2020 - 2:15pm | 633Last Thursday, the U.S. Labor Department reported nearly 1.2 million Americans filed for unemployment benefits for the week ending Aug. 1, the 20th consecutive week of at least one million new unemployment claims. Yet since March 23, the SPDR S&P 500 ETF (NYSE: SPY) is up 50.9%, including...
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5 Reasons Investors Should Buy American Stocks
Sunday, June 28, 2020 - 9:16pm | 543The SPDR S&P 500 ETF Trust (NYSE: SPY) is up 36.1% since it bottomed on March 23, but the potential for a second wave of coronavirus infections has investors concerned about whether or not US stocks are still the best place to be invested. In a report last week, LPL Financial analyst...
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5 Reasons The Value Stock Rally May Run Out Of Steam
Tuesday, June 2, 2020 - 1:30pm | 543The SPDR S&P 500 ETF Trust (NYSE: SPY) has now rallied 37.3% since March 23, but there has been a subtle shift in market leadership in the past couple of weeks. Value stocks have outperformed growth stocks as buying volume has rotated out of the best-performing stocks of the year and into some...
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Univ. Of Michigan Economists: 'Trump Bump' Has Yet To Transpire
Thursday, November 16, 2017 - 10:33am | 697Regardless of your sector, it’s been a pretty good year. Health Care SPDR (ETF) (NYSE: XLV) is up 21.4 percent since President Donald Trump won last November’s election. Technology Select Sector SPDR Fund (NYSE: XLK) is up 36.1 percent, Financial Select Sector SPDR Fund (NYSE: XLF) is...