Category Archive: Finance, No picture
Tech ETFs Tumble: Should You Buy The Dip?
The hot and soaring technology sector lost its momentum with the start of September. This is especially true as the ultra-popular Select Sector SPDR Technology ETF (XLK – Free Report) has dropped about 2.3% so far this week. The first round of selling came on congressional scrutiny of social media companies and fears of new regulation. Executives […]
August Jobs Report: 201K New Jobs, Unemployment Rate At 3.9%, Better Than Forecast
Friday morning’s employment report for August showed a 201K increase in total nonfarm payrolls, which was better than forecasts. The unemployment rate remained at 3.9%. The Investing.com consensus was for 191K new jobs and the unemployment rate to drop to 3.8%. Here is an excerpt from the Employment Situation Summary released this morning by the Bureau of Labor Statistics: […]
The Bullish CoT Setups In Gold And Silver
You may know me as the guy using weird planetary alignments while assigning proper fundamentals to the gold sector, and recently even doing the same with a somewhat subjective and philosophical view of gold as an important counterweight or insurance component to a sensible portfolio. Or you may know me as the guy who confuses you with too […]
The Week’s Best Earnings Performers: AVAV, WDAY & AVGO
The shortened week, due to the Labor Day holiday, was still full of major news in the investment world. This included an impressive price target for Netflix NFLX and more craziness from Tesla TSLA and its CEO Elon Musk. But in a week short on earnings, three companies stood out. The week of September 3 saw Nike NKE grab headlines for […]
Weekly Market Digest: Markets Experience A Volatile Week
After a short week of trading, all major global equity indexes finished the week with negative performance. In the US alone, a tumultuous four days were highlighted by Amazon briefly joining Apple as the second company ever to reach a 13-figure valuation, CEO’s of major technology companies testifying before congress about data security again, public […]
Weight Watchers To Replace KLX Inc In S&P MidCap 400
Weight Watchers International (WTW) will replace KLX Inc. (KLXI) in the S&P MidCap 400, and KLX Energy Services Holdings Inc. (KLXE) will replace FTD Companies Inc. (FTD) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, September 18, 2018. S&P 500 constituent, The Boeing Co. (BA), is acquiring KLX in […]
Smart Beta Is Officially Dead, But Not Forgotten
Ryan Kirlin walks through his experience growing up in smart beta. He was there in the beginning and has seen it to the end. Jack has Ryan walk through his experience in the industry and why smart beta was so useful — at one point in time — while he was a wholesaler trying to […]
