DVLU News and Press, First Trust Dorsey Wright Momentum & Value ETF From 09/18/23

2023-09-18 19:15:00 ET Summary If investors in the S&P 500 were looking for direction from the newstreams for how to shape their portfolios, they didn't find much to influence them. The S&P 500 wrapped up the week at 4450.32, down 0.16% from where it closed the week before...

2023-09-15 21:25:00 ET Summary Walmart is now trading at an all-time-high, although the so-called breakout above the May ’22 highs around $160 has been on below-average volume. For fiscal year ’24 and ’25, WMT has seen EPS estimates get cut 2% for fiscal ...

2023-09-11 23:35:00 ET Summary Market sentiment has improved from record lows of early June ’23 using the S&P 500 Net Non-Commercial Futures Positions (weekly data from Feb 2015) as the measure. The spike in the T-Bill rate (3mo) made little sense unless one viewed this...

2023-09-11 15:06:00 ET Summary The S&P 500 index declined by 1.3% during the trading week ending on Friday, 8 September 2023, closing out the Labor Day-holiday shortened week at 4457.49. The biggest trouble for the S&P 500 came on Wednesday, 6 September, when news came Chi...

2023-09-08 21:55:00 ET Summary Ford’s annual return since 1990 was surprising, and wasn’t too far short of the S&P 500’s for the last 33 years. Looking at Morningstar financial data on US Steel, from 2013 to 2023, 4 of the last 10 years have seen substanti...

2023-09-07 01:55:00 ET Summary The current catchphrase in the markets is “The Magnificent Seven,” referring to the seven stocks that have dominated year-to-date (YTD) market performance. The MegaCap-8 stocks collectively are trading at a frothy 27.4 times 12-month fo...

2023-09-06 20:15:00 ET Summary Price action of US equities has been flipped from Tuesday with large caps suffering larger losses than small caps. Looking at yesterday, the decline in the Russell 2,000 (-2.1%) dwarfed the S&P 500’s (-0.4%). or the small cap Russell 2...

2023-09-06 13:45:00 ET Summary September and October are infamous for major bouts of volatility striking markets. Identifying the possible catalysts for volatility is the first step to staying ahead of it. Our team also spotted unusual activity in the embattled Real Estate sec...

2023-09-05 12:55:00 ET Summary The S&P 500 had one of its best weeks of 2023. The index closed the trading week ending on 1 September, 2023 at 4515.77, which was up 2.5% from the previous week's close. Assessment of a softening job market was reinforced with 1 September 2023's...

2023-09-05 09:10:00 ET Summary Mega-cap stocks continue to dominate the market in 2023. The bifurcation between the top 10 companies, as measured by market capitalization, and the other 490 stocks in the index has created an illusion of market bullishness. As investors change ...