News Stocks 

Tobacco Stocks Weigh On Consumer Staples ETFs

“Other funds with a heavy emphasis on tobacco stocks include the Vanguard Consumer Staples ETF (VDC) and Fidelity MSCI Consumer Staples Index ETF (FSTA)” writes David Fabian for nasdaq.com. Tobacco stocks have been one of the most successful investment archetypes of the last twenty years despite their negative societal connotations.In terms of market narratives, it may be difficult for investors to reconcile the return of volatility this year with the relative underperformance of consumer staples stocks.This setback has also triggered ripple effects through the community of index funds that own…

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News Stocks 

IBM raises dividend by 4.7%

“IBM, -0.21% said Tuesday it will raise its quarterly dividend by 4.7% to $1.57 a share, marking the 23rd-straight year the technology company has boosted its payout” writes Reporter Editor for marketwatch.com. At current prices, the new annual dividend rate would imply a dividend yield of 4.29%, compared with the SPDR Technology Select Sector ETF XLK, -1.74% current dividend yield of 1.35% and the implied yield for the Dow Jones Industrial Average DJIA, -1.74% of 2.17%, according to FactSet.The new dividend, up from $1.50 a share, will be payable June…

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News Oil Stocks 

Jeff Gundlach’s new energy-sector trade has potential to be a gusher

“On Monday he revealed a specific trade for what he sees as an underappreciated opportunity in the energy sector” writes unknown author for cnbc.com. Gundlach continued: “If you look historically at the energy sector versus the S&P 500, not surprisingly it’s correlated with movements in oil. That performance gap may represent where there is more money left to be made in oil and gas companies.So far in 2018, IEO is up more than 8 percent — best among U.S. energy sector ETF bets — while XOP is up a little…

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News Stocks 

Why your ETF or mutual fund may be losing Facebook, Alphabet and other top stocks

“Welcome to the complexities of industry classification” writes Mark Hulbert for marketwatch.com. But if you nevertheless want to try, exercise more than the usual degree of care in coming months as various ETFs transition to the new industry classification system.And that suggests your odds of beating the market through sector or industry rotation strategies will become even lower.The odds therefore are heavily stacked against you if you play the sector-rotation game, and are likely to become even worse. Source: marketwatch.com Share This:

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News 

Russia ETFs tumble after sanctions

“Exchange-traded funds that track the Russian equity market plummeted in premarket trading on Monday, after a new round of sanctions were imposed on Russian entities and individuals” writes Markets Reporter for marketwatch.com. The iShares MSCI Russia ETF ERUS, -2.27% dropped 8.9% before the bell, on volume of nearly 5,000 shares.The VanEck Vectors Russia ETF RSX, -2.10% sank 7% on heavy volume, with nearly a half-million shares exchanging hands before the open.Both equity ETFs struggled throughout 2017, but have rebounded thus far this year. Source: marketwatch.com Share This:

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Markets News 

Why there’s no ETF for you to cash in on a trade war

“While a trade ETF remains purely in the realm of the theoretical, funds dedicated to political scenarios have become a niche” writes Markets Reporter for marketwatch.com. While Trump is a Republican, the Republican Policies ETF is not a trade-related play.While nearly 5,500 exchange-traded funds currently trade on the market, none is explicitly designed to offer investors a way to invest in the prospect of a trade war involving the United States.Concerns that these tensions could escalate into a full-on trade war contributed to a sharp stock-market decline on Friday. Source: marketwatch.com…

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Markets News Stocks 

Industrial ETF sees heavy inflows as trade-war fears escalate

“On Friday, President Donald Trump proposed a fresh batch of tariffs against China, weighing on the overall stock market, with industrial stocks leading the way down” writes Markets Reporter for marketwatch.com. Industrial stocks were among the market’s biggest losers.Strong inflows aren’t necessarily a sign that investors are bullish on the fund in question.Inflows can also represent new positions by traders looking to short the security, or bet on its decline. Source: marketwatch.com Share This:

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Crypto Markets News 

A $250 million money manager wants to unleash Chinese crypto companies onto US investors

“Notably, Pony Ma, the CEO of Tencent Holdings, said the tech giant is looking into blockchain technology, as reported by Coindesk” writes Frank Chaparro for businessinsider.com. The popularity of Reality Shares original blockchain fund, which ballooned to over $100 million just 10 days after launch, caught the attention of Wall Street observers.The fund was “designed to measure the returns of companies that are committing material resources to developing, researching, supporting, innovating, or utilizing blockchain technology.”.  Source: businessinsider.com Share This:

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Markets News 

S&P 500 Holds At Its 200-Day Moving Average Once Again

“From Larry McMillan : As far as the S&P 500 (SPX) chart goes, the 200-day moving average (MA) has proven to be the rock that is holding the market together” reports etfdailynews.com. Market breadth has improved enough that both breadth oscillators gave buy signals as of Thursday’s close (March 29th).So, any rally now is just to be considered an oversold rally until some improvement can be made in the $SPX chart.In summary, there are recent oversold buy signals. Source: etfdailynews.com Share This:

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