DVLU News and Press, First Trust Dorsey Wright Momentum & Value ETF From 05/03/24

2024-05-03 19:20:00 ET Summary The S&P 500 ETF (SPY) gapped up 1% at the open this morning, so we wanted to provide a quick summary of how the ETF has typically traded on days when it gaps up 1%+. 1%+ gaps higher on a Friday have been the second most frequent of any weekday wi...

2024-05-03 12:35:00 ET Summary If April showers bring May flowers, then perhaps investors can rejoice that April is over and look forward to better times in May. US equities struggled last month, with the S&P 500, Dow Jones Industrial Average, and Nasdaq all falling by 4.16%, ...

2024-05-02 09:25:00 ET Summary Both interest rates and Treasury yields ratcheted upward with pernicious inflation, prompting renewed discussion about equity risk premiums in a new environment with abundant opportunity for yield. Given the structural headwinds supporting declining ...

2024-05-02 08:10:00 ET Summary To understand if this is just a short-term dip or something more meaningful, we must look at the technical and fundamental backdrop that is moving sentiment. Semiconductors and their earnings announcements have been key with the wave of investment in...

2024-04-30 09:00:00 ET Summary The aim of the devaluation was to escape deflation which had persisted since (at least) the turn of the century. The Yen started to weaken in 2021 as the BOJ ramped up Yen printing again to help the economy recover from the COVID shock. Mortgage ...

2024-04-26 20:00:00 ET Summary The forward 4-quarter estimate this week was $252.55, up from $252.51 last week. Assuming a close in the S&P 500 today around 5,100, the P/E ratio on the forward estimate is 20.2x. Assuming a 5,100 close, the S&P 500 earnings yield will f...

2024-04-26 10:05:00 ET Summary The Mag 7 has clearly had a terrific single year and a good cumulative three years. In order to outperform, a trader needs to be nimble enough to know when to switch from concentration to diversification and when to switch back. I personally favo...

2024-04-24 13:40:00 ET Summary Given the significant reversal in sentiment and short-term oversold conditions, we highly suspect the markets will provide a reflexive rally soon. Despite the current “panic” in the media headlines, this is likely just a correction with...

2024-04-23 13:35:00 ET Summary Over the last month, the equal-weighted S&P 500 Index is now outperforming the capitalization-weighted S&P 500 Index. Since the beginning of the year, the Mag 7 have outpaced the S&P 500 Index and some of the dividend yielding Indexes. ...

2024-04-23 08:00:00 ET Summary The S&P 500 fell again during the third week of April 2024. The main driving force behind the falling level of stock prices are slipping expectations for when and by how much the Federal Reserve will cut interest rates during 2024. The CME Gr...