EWMC News and Press, Invesco S&P MidCap 400 Equal Weight

2023-08-28 22:20:00 ET Summary The latest market shenanigans come from “zero-day options,” causing sharp sell-offs or short covering rallies. I am ecstatic with the results delivered by both Nvidia and Super Micro Computer, since they are both characterized by explos...

2023-08-28 20:25:00 ET Summary Many investors are wondering if the correction in the U.S. stock market is over. Simply put, we don’t know. From a historical perspective, September is the worst month of the year, even though in pre-election years it tends to be less bad. ...

2023-08-28 02:51:00 ET Summary The forward 4-quarter estimate for the S&P 500 jumped to $232.80 this week from last week’s $231.72. The S&P 500 earnings yield ended the week at 5.28%, versus the 5.30% last week. Since June 30 ’23, the Q2 ’23 bottom...

2023-08-24 06:20:00 ET Summary How many equity risk premiums are out there? The variety is at once a challenge and a tool. It’s a challenge because depending on your modeling preference, forecasting how the stock market will fare relative to some proxy of the "risk-free" ra...

2023-08-23 21:05:00 ET Summary A rising Yield Curve is what we are seeing today. The turn higher began after hitting what appears to be the low point,-1.89%, on May 4, 2023. Consensus opinion is that investing is all about calling the bottom in the S&P 500 or some other asset ...

2023-08-23 20:05:00 ET Summary Nvidia became the highest price-to-sales (P/S) ratio stock in the S&P 500 at the end of March 2023 and up until mid-August 2023, returned a total of 52.6% compared to the S&P 500’s 8.7%. Our past research showed that the highest-multip...

2023-08-23 08:00:00 ET Summary The SPDR S&P MidCap 400 ETF invests based on the S&P MidCap 400 Index. The Invesco S&P MidCap 400 Equal Weight ETF invests based on the S&P MidCap 400 Equal Weight Index. The article compares MDY against EWMC in terms of allocatio...

2023-08-21 17:54:00 ET Summary The S&P 500 Index closed at a 2023 high on July 31, but since then the market is down -4.8% in the first three weeks of August. This year, fund flows have favored bond or fixed income investments. From a return perspective though, the market ...

2023-08-21 14:43:00 ET Summary Fitch Ratings' threatened downgrade of a dozen banks in the U.S., including JPMorgan Chase, underscored the growing risks on their balance sheets from the Federal Reserve's series of rate hikes. The rate hikes have resulted in the rapid accumulation ...

2023-08-21 06:30:00 ET Summary Services now represent 26% of Apple’s total revenue and is probably the reason the P/E multiple is expanding on the stock. The 10-year Treasury yield hovers very close to a multi-year breakout above 4.33-4.35%. The mega-caps and the tech s...