DDIV News and Press, First Trust Dorsey Wright Momentum & Dividend ETF From 07/11/24

2024-07-11 05:50:00 ET Summary The SP500 vs PMI, IndPro from Feb 1977 demonstrates the consistency of investor fears vs declines in the SP500 and the many recoveries large and small since. The PMI often declines when there is no decline in IndPro (Industrial Production that it is ...

2024-07-10 13:25:00 ET Summary Q2 aggregate earnings are forecasted to reach a new all-time high, with a current estimate of $492.8 billion. The Magnificent-7 are once again expected to play a significant role, boasting an aggregate earnings growth rate of 29.8%. Financials ha...

2024-07-10 05:30:00 ET Summary The KraneShares CSI China Internet ETF continues to outperform the S&P 500 since the end of January despite the recent pullback. China’s government has not deployed the preverbal 'policy bazooka' having witnessed the increase in debt and i...

2024-07-09 07:25:00 ET Summary The market capitalization of the S&P 500 grew by 4.2% during the course of the second quarter of 2024. The Top 10 stocks within the market cap-weighted index together accounted for 35.8% of its total valuation. Nvidia lost over $300 billion w...

2024-07-08 14:20:00 ET Summary The S&P 500 is currently up 17.38% year to date and has recorded a new all-time high 34 times this year. The U.S. Treasury put the closing yield on the 10-year note, as of July 5th, at 4.28%, which is above its record low. The S&P 500 is ...

2024-07-08 06:30:00 ET Summary The big banks start reporting next Friday, July 12th, ’24. The June CPI and PPI data are also due this week. The forward 4-quarter estimate jumped $9 this week as the old quarter (Q2 ’24-Q1 ’25) fell off and new quarter was added...

2024-07-04 20:05:00 ET Summary The 18-month annualized return for the S&P 500 is 28.55%. That’s a tad stretched. The 60%/40% standard balance portfolio returned 8.78% in the first half of 2024. The big difference between today and 24 years ago is sentiment: stock ma...

2024-07-03 07:42:00 ET Summary The second quarter of 2024 has come and gone, which was a surprisingly strong quarter for dividend-paying stocks. Focusing on June 2024, the year-over-year comparison with June 2023 is favorable. We find there is a bearish storm cloud potentially...

2024-07-03 02:30:00 ET Summary U.S. equity markets are in a period of extended calm, with the benchmark S&P 500 Index closing in on one year since it last dropped 2% in a single day. An extended period of calm means investors must be vigilant and not become complacent. However...

2024-07-02 01:00:00 ET Summary I was not happy to see so much selling into strength last Friday, the last day of the quarter – following what should have been encouraging inflation news. Both bonds and stocks sold off, and we ended up having a flat (slightly down) week, off...