RYT News and Press, Invesco S&P 500 Equal Weight Technology From 05/25/23

2023-05-25 03:00:00 ET Summary The level of the S&P 500 was little changed over the reporting season, despite the relatively larger frequency of positive earnings surprises. All sectors exceeded their sales growth expectations. Companies with strong brands, technological a...

2023-05-25 01:30:00 ET Summary Leading economic indicators (LEIs) are still pointing to a likely recession in the US. You wouldn't know it by the behavior of the stock market, however, given the massive bull run in tech stocks so far this year. Unfortunately, the majority of c...

2023-05-25 00:00:00 ET Summary A new extreme in market pessimism was registered last week in the S&P 500 Net Non-Commercial Futures. The current market is a classic price struggle between the ‘voting machine’ vs. ‘weighing machine’. The ‘...

2023-05-23 02:00:00 ET Summary With 95% of S&P 500 companies having reported, Q1 2023 earnings season closes with a final growth rate of -2.2%, officially indicating an earnings recession. The post-peak LERI shows corporate uncertainty rose to the highest level in 3 quarters. ...

2023-05-23 01:00:00 ET Summary Macroeconomic uncertainty presents new challenges for investors who are saving for long-term goals like retirement. Inflation can diminish the ability to save today and the value of those savings tomorrow. Investors may benefit from solutions that se...

2023-05-23 01:00:00 ET Summary The Fed funds rate is currently set in a target range of 5.0 to 5.25 percent, following the most recent rate hike announced earlier this month. Meanwhile, conditions in the equity market have been unusually placid. A report from Bloomberg News on May...

2023-05-22 21:15:00 ET Summary The S&P 500 Index made a new high for 2023 last week while its cousin – the S&P 500 Equal Weighted Index – was actually down for the year at the lows of last week. With Republicans walking out of debt ceiling negotiations last F...

2023-05-22 12:12:00 ET Summary The S&P 500 (SPX) rose 1.65% over its previous week's closing value to end the third week of May 2023 at 4191.98. The biggest market-moving news of the week came on Wednesday, 17 May 2023, after news Western Alliance (WAL) had seen its ...

2023-05-22 02:10:00 ET Summary With mega-cap tech / growth up 25.95% this year), the semiconductor group is being pulled higher with it, despite the memory-related names still being in a tough downcycle. Inflation data has heated up (or at least not cooled down enough to the Fed&#...

2023-05-21 08:54:00 ET Summary While the Fed is able to obscure its capital losses by valuing its assets at cost, there’s one item the Fed isn’t able to completely bury in its balance sheet accounting. Regardless of the level of valuations, an improvement in the unif...