CLOU News and Press, Global X Cloud Computing ETF From 06/29/20

The market is currently near-maximum greed levels. The tech sector is seeing this more so than other sectors, and, in this sector, we are seeing RSI levels similar to those during the dot-com bubble. Optimism in tech is higher than ever in history, with the exception of the peak of the 2000 te...

I’ve written critically of well-established mega-ETFs that are all in on FANMAG - Facebook ( FB ), Amazon ( AMZN ), Netflix ( NFLX ), Microsoft ( MSFT ), Apple ( AAPL ) and Google (GOOG) ( GOOGL ) - and similar kinds of popular stocks, not necessarily because I have anything ag...

A work-from-home themed ETF is closer to seeing the light of day. As reported on June 22 by Seeking Alpha , Direxion has recently filed an updated prospectus with the SEC on its Work From Home ETF ( WFH ). We now know that the fund will carry a 45-bp annual management fee, which is very m...

It’s fair to ask whether Salesforce.com ( CRM ) might be the proverbial canary in the coal mine. I’m saying this because of yesterday’s earnings report and what it implies. Salesforce.com, at a $165 billion market cap, is one of the largest “pure cloud players&#...

For 11 years, it was relatively smooth sailing for investors. Following the March 2009 stock market bottom, all three major U.S. indexes ended up at least quadrupling in value, if not delivering even more robust returns. Then the coronavirus disease 2019 (COVID-19) pandemic came along and disrup...

Introduction Since launching in 2011, First Trust Cloud Computing ETF ( SKYY ) has put up a return in excess of 200%. Nearly double that of the S&P500. The ETF aims to track the ISE CTA Cloud Computing Index and maintains an expense ratio of 0.60%. Not bad for what would mostly be con...

Why SaaS? Simply put, SaaS is known as Software as a Service. This form of software allows the software and related applications to be accessed from any device with an internet connection. The fact that users can access the software from virtually anywhere is advantageous for businesses wi...

Photo Source: REUTERS/Bobby Yip. A photographer takes a picture of an intraday chart of the benchmark Hang Seng Index at a brokerage in Hong Kong. In this issue of Lipper’s U.S. Mutual Funds & Exchange-Traded Products Snapshot, we feature a summary of total net assets ((TNA)), e...

Source: inc.com The tech sector has taken a big hit after algos rushed to take cover as the lockdown and other safety measures to contain COVID-19 halted global trade. Most algos were designed for times like this. When you have multiple algos trying to beat each other in a dash for the exi...

Significant technological advancements and societal shifts occurred during the 2010's decade. Yet many of these developments became so quickly engrained in our daily lives that they often went relatively unnoticed, and their impact all but forgotten. Over this next decade, the 2020s, we expect...