FXN News and Press, First Trust Energy AlphaDEX Fund From 01/10/23

Summary On a coincident basis, driven by a historically tight labour market and robust industrial production growth, the US economy remains deceptively strong despite negative real incomes and tight financial conditions. However, the leading indicators of the business cycle continue to ...

Summary Oil prices have kickstarted 2023 with their worst decline since 1991. With at least one-third of the global economy set to be in a recession this year, including the US, demand will continue to be suppressed. This could mitigate the expected demand boost from China. It a...

Summary I expect traditional fossil fuel energy companies to continue to excel, rising to up to 30% of the S&P 500 in the upcoming years as technology stocks continue to shrink. After the most aggressive series of rate hikes in decades, inflation is finally moderating. Whether or no...

Summary For 40 years, steadily declining inflation and interest rates buoyed equity returns. That changed abruptly last year. Investors must now adjust expectations to a new macroeconomic and market landscape that will require a fresh mindset to reach long-term goals. By...

Summary All the positive sales and earnings forecasted are concentrated in the top 15% of all stocks that I monitor. In other words, institutional buying pressure is focused on fewer stocks than normal. Energy stocks are big winners in 2022. In addition to high energy prices, the buying...

Summary Much of Wall Street will be taking off this week. It will be a week filled with lots of economic readings. There will be no earnings and no Fed speak. By Ed Moya US Thin trading conditions could persist as much of Wall Street will be taking off th...

First Trust Energy AlphaDEX Fund ( NYSEARCA: FXN ) - $0.1252 . 30-Day SEC Yield of 1.96% as of Nov. 30. Payable Dec 30; for shareholders of record Dec 27; ex-div Dec 23. For further details see: First Trust Energy AlphaDEX Fund declares quarterly distribution of $0.1252

Summary As we enter 2023, bottom-up fundamental research is going to be critical as we go through this environment. So economic growth in '23 is pretty uncertain in some regions, maybe a little bit more certain in others. I think energy transition is something which is going to cont...

Summary The key supply uncertainty for the oil market this year has been how well Russian supply would hold up. We believe that there is upside to European gas prices in 2023 - however, much will depend on how much storage the EU manages to draw down this winter. We expect power mar...

Summary Inflation continues to moderate, not only here, but also in Europe. Despite the negative economic reports and the reaction to the Fed rate hike, the US Dollar barely budged for the week. Value yet again outperformed Growth in the last week, this time by a spread of almost 1%...