FXN News and Press, First Trust Energy AlphaDEX Fund From 03/24/22

We are experiencing an environment with a sharply higher probability of large, abrupt price moves related to event risk. Volatility typically reflects a simple measurement of the average of the ups and downs. The standard deviation is an average of ups and downs, and unfortunately...

Hackers associated with Russian internet addresses have been scanning the networks of five U.S. energy companies ahead of possible cyber attacks, the FBI said in a March 18 advisory to U.S. businesses, CBS reports. ETFs: NYSEARCA:XLE, XOP, VDE, OIH, FENY, FCG, IXC, XES The FBI issued the bull...

Based on new hopes for a peaceful Ukrainian/Russian resolution to their nearly month-long war, the world is cautiously optimistic. Although China has been trying to help Russia avoid economic sanctions, China is struggling with its own debt problems from Evergrande, slowing economic g...

Volatility persists - but it is accompanied by a shift back to market patterns associated with pre-war concerns about inflation and rising rates. Grain and fertilizer shortages could become an issue later this year, but energy prices remain the major immediate transmission mechanism t...

OPEC output increased by 440 kb/d according to secondary sources in February. Most of the increase in OPEC output was from Saudi Arabia (141 kb/d) followed by Libya (105 kb/d), Iran (44 kb/d), Iraq (36 kb/d), and Kuwait (32 kb/d). World liquids output was about 1000 kb/d below the...

The economic implications of Russia’s war are potentially large and global. Domestic Chinese spending will be hit, owing to higher petrol and food prices that dampen consumption. Russia and Ukraine account for 14% of global wheat production and 30% of global wheat exports. ...

We see the Ukraine war reducing global growth, increasing inflation and putting central banks in a bind. We prefer developed stocks in the inflationary backdrop. Stocks led by European equities bounced from 2022 lows last week, as oil prices came off highs. The European Central Bank a...

The U.S. ban on imports of Russian crude oil is effective immediately, while Britain said they will phase out Russian crude oil imports by the end of this year - meaning 9+ months of phased withdrawal. Europe is “hooked” on Russian energy, so Germany has come out against...

Inflation and its implications for real economic growth are the main portfolio positioning consideration of the conflict in Ukraine. On the 8th of March, the U.S. sanctioned Russian energy imports, giving companies 45 days to comply. Higher commodity prices are not the only factor...

The yield curve has flattened considerably and the spread between the 2-year and 10-year Treasury yield is currently just 25 basis points. Many of the large, popular stocks are still grossly overvalued in my opinion. Value stocks continue to outperform. For further details s...