FXL News and Press, First Trust Technology AlphaDEX From 05/28/21

In this post, we take a deeper dive into the gauges we monitor for the active management environment and discuss how this can play out in a well sourced, risk-managed multi-manager fund. The bottom line is we remain bullish on the opportunity set for skilled stock pickers and their ab...

Technology is still the largest weighting in the SP 500 as of this past weekend, with a 26.2% market cap. The difference between the earnings weight and market cap weight of technology is nowhere as large in May 2021 as it was in early 2000. The tech sector could tread water for 1...

Due to passive investing’s increasing popularity, opportunities outside of the major indexes should become both more prevalent and more attractive. Recently, though, traditional passive investing has become a bit less popular as many investors have eagerly embraced alternatives...

The rotation from growth to value is accelerating. The combination of higher inflation, lower US dollar, and higher yields could be lethal for momentum stocks. The Fed is way behind the curve, but we believe that Jay Powell will be forced to acknowledge reality soon. Meanwhile...

Many people are thinking that last Friday's employment report points to a more accommodative Fed. Perhaps, but only if you think very short term. Many people are thinking that a more accommodative Fed is good news for growth stocks. Sure, but only if you think very short term. ...

The US private sector exhibited the strongest expansion on record in April, supported by faster growth in both manufacturing and service sectors. Amongst the US sectors surveyed, the consumer service sector also saw the largest improvement in growth momentum. Private sector firms ...

A blowout earnings quarter for big tech. So why are their stocks falling? Will big tech continue to drive markets? Outlook for Tech Big 5. For further details see: Big Tech Scores A Record-Breaking Quarter: So Why Are Stock Prices Tanking?

Diversification remains key. Flexible strategies can also take advantage of a more uncertain yield and spread environment. We continue to find reasonable opportunity in both public and private credit markets. We find value in non-agency mortgages and prefer cyclicals to growth sto...

Are you familiar with the "Aggression Scale?" Instead of the common classifications, it's measuring sectors based on their volatility, cyclicality, and growth. Three sectors currently are making it to the top of the "Aggression Scale." Technology is only one of those. Can we be ov...

The biggest tech platforms have been on a tear in the last few years, accelerating into warp-speed growth in both earnings and share prices since the beginning of the pandemic a year ago. Despite having their own business models, in general, these companies have capitalized on a handf...