FTXO News and Press, First Trust Nasdaq Bank ETF From 08/18/22

JPMorgan is one of the world's largest banks. We have developed a testing methodology for bank strength. Citibank has major red flags of which depositors should be aware. Over the last few months, we have written several articles outlining our views of banks in general. ...

Leveraged-finance bankers are nursing a headache after one hell of a party. The average price of U.S. high-yield bonds fell as much as 16% between January and early July, according to the ICE BofA U.S. High Yield Index. With interest rates rising and the world heading for recessio...

Long-term investors need to have a strategy they can stick with no matter what happens, a strategy that keeps them on an even keel. Investing is hard and determining your risk tolerance is far from an exact science. There are a lot of people these days who seem to want the market ...

Credit card debt is rising due to inflation, and interest rates are rising due to the Federal Reserve's rate hikes. Increasing credit card balances mean increased minimum monthly payments. In their recent earnings, banks are reporting increased provisions in case of credit losses....

Two opposing forces appear to be dominating the market currently, with investors polarized between recession fears and bargain hunting following this year’s large equity selloff. Investors priced in most central bank tightening and seem more confident with the inflation outlook...

Some weakening performance in Q1. Asset quality has improved nicely. Rates rising will immediately fuel the bottom line as the bank will make more money on every loan it issues now. A good dividend. The financials sector has been hammered the last few months, along w...

Citibank is one of the world's largest banks. We have developed a testing methodology for bank strength. Citibank has major red flags of which depositors should be aware. Over the last few months, we have written several articles outlining our views of banks in general. ...

Steep stock market losses are highly correlated with a tandem material drop in banks/brokerages and gold/silver miners. Such a condition is associated with a liquidity crunch, inverted bond yields on the duration curve, and economic recession. Over the last 15 years, only the late...

The “forward 4-quarter” estimate for the S&P 500 has slid sequentially for the last two-three weeks falling to $240.83 from $241.70 two weeks ago. The airline stocks, which have never been owned in any size in the last 20 years – with the occasional trade made...

First Trust Nasdaq Bank ETF (FTXO) - $0.1957. 30-Day SEC Yield of 2.23% as of May. 31. Payable Jun 30; for shareholders of record Jun 27; ex-div Jun 24. For further details see: First Trust Nasdaq Bank ETF declares quarterly distribution of $0.1957