SDVY News and Press, First Trust SMID Cap Rising Dividend Achievers ETF From 06/29/23

2023-06-29 04:25:00 ET Summary Geopolitical fragmentation and rewiring of global supply chains are set to drive up production costs. Economic relationships investors have relied upon could break down in the new regime. Relative value opportunities from potential market mispric...

2023-06-27 17:35:12 ET First Trust SMID Cap Rising Dividend Achievers ETF ( NASDAQ: SDVY ) - $0.2077 . 30-Day SEC Yield of 2.45% as of May. 31. Payable Jun 30; for shareholders of record Jun 28; ex-div Jun 27. For further details see: First Trust SMID Cap Ris...

2023-06-27 05:38:00 ET Summary Our measures of market internals remain unfavorable, interest rates are nowhere near zero, long-term bond yields - as we’ll see - remain inadequate, and recession risk is quickly increasing. Defining a bull market as the S&P 500 above its ...

2023-06-27 02:18:00 ET Summary The S&P 500 earnings yield rose a little this week, to 5.16%, from last week’s 5.10%. Walgreens, Micron Technology, and NIKE report this coming week. The May ’23 PCE and Core PCE data is scheduled to be released before the marke...

2023-06-27 02:00:00 ET Summary Investors today find themselves in the midst of a peculiar dance between the S&P 500 weighted and unweighted index, the discordance of which might just be spelling out a financial narrative we need to grasp. We must remember the tried and true wi...

2023-06-26 13:05:00 ET Summary It appears we have started the third correction in stocks since the bottom in October of last year. Homebuilder stocks tend to lead the US housing market index by a few months, and this time was no exception. Currencies tend to move based on chan...

2023-06-26 03:00:00 ET Summary Large-cap indexes, specifically those comprised of U.S. equities, are leading market performance. Investors seem to be attracted to stocks other than the handful of mega-cap stocks that have garnered outsized attention so far this year. A broader...

2023-06-24 05:36:00 ET Summary The S&P 500 has been climbing higher in recent weeks, thanks almost entirely to surging mega-cap stocks that are riding the ripple effects of AI hysteria. The S&P 500 has been on an impressive run, rising approximately 13% this year. However,...

2023-06-24 01:46:00 ET Summary Since the March trough, the S&P 500 Index has gained around 14% and ten-year Treasury yields have risen roughly 0.50%. As market conditions have improved, inter-asset correlations have also shifted. My base case is a slowing but still resilie...

2023-06-23 19:45:00 ET Summary The S&P 500 has pulled back about 2.2% since its high close for the year on June 15th. The market is still trading well above both its 50-day moving average and its 200-day moving average. Normally you’d expect to see the stocks that g...