PSJ News and Press, Invesco Dynamic Software From 10/05/21

Performance: S&P 500 vs. S&P 500 Tech. Are tech stocks overvalued? Outlook for Apple. For further details see: Will Tech Regain Its Leadership As Energy Sector Shines?

Taking a look at how the expected Q3 ’21 sector revenue growth rates have changed since mid-August ’21 or the unofficial end of Q2 ’21 earnings season. Per Bespoke’s research, the S&P 500 has now reached “extremely oversold” levels, worse ...

Global Private Equity is in the lead, up 19.7% after its 2020 gain of 12.5%. Emerging Markets are the laggard with a YTD gain of just 1.5%. Commodities have come on strong this year after losing -7.8% last year. US REITs have rebounded strongly from last year's -4.7% decline. High...

In 2021, energy is where the money is going. Money is flowing out of Momentum stocks this year, and much of it is going into Value names. Commodities are having a strong showing compared to last year. For further details see: If You Want To Know Where The Market Action I...

GlobalFoundries announced a $4 billion investment in conjunction with Singapore government officials to greatly expand capacity at its existing chip fabrication plant (fab) in Singapore. The investment will enable the company to increase its overall output by 33%, growing its 300 mm w...

During the pandemic lockdown in the first half of 2020, only three S&P 500 sectors saw positive earnings and revenue growth for Q1 and Q2 ’20. In Q1 ’21, Technology has grown EPS and revenue 53% and 21%, respectively. Once Q2 ’21 earnings start in mid-July...

The global pandemic accelerated already strong growth trends in consumer, corporate, and economic digitization. That being the case, investors should have exposure to high-growth companies specializing in software/technology sub-sectors like e-commerce, fintech, gaming, and work-from-...

Ten years ago, Marc Andreessen wrote an article in the WSJ called ‘Software is eating the world’, arguing that there was a fundamental shift in the role that software plays in the economy. Now, there’s a generation of companies that both create software and use it...

Growth names profited from ultra-lose monetary policy and massive stimulus spending. With rising rates, that tailwind has ceased to exist. Valuations were very high across many growth names, and now they are coming back down to earth. Value has easily outperformed growth over ...

IGV and PSJ are two ETFs focusing on the technology market, yet offer different individual selected stocks. The strategies differ in terms of growth rates and market cap, being reflected in the given valuations. While PSJ outperformed in 2020, it may not necessarily continue the c...