TDIV News and Press, First Trust NASDAQ Technology Dividend Index Fund From 10/31/22

Summary Why some earnings results are surprising to the upside. Big tech is stumbling out of the earnings gate, and it was to be expected. The inflation factor: Good for some earnings, bad for others. Several U.S. bellwethers have reported their quarterly results. Wh...

Summary Do corporate earnings disappointments signal a weaker economy and easing inflation pressures, which could end this scary market—or are there more twists to come? When we look in detail at last week’s disappointing third-quarter reports from five of the bigges...

Summary Technology stocks have been pummeled this year, leading some investors to question the sector’s future. Over the last two decades, innovation was driven by the proliferation of broadband and mobility. Shares of technology companies now trade at much more attract...

Summary Why big U.S. tech earnings may come in better than expected this quarter. Revenue at some tech cos are benefiting from higher inflation, which is helping to offset the strong U.S. dollar. How Apple's ad tracking policy has changed the targeted ad game. ...

Summary Europe’s energy security and decarbonization goals will spur R&D in cleantech, solar in particular. We expect further easing of monetary and fiscal policies to boost growth prospects and earnings expectations, and possibly trigger a rebound in Chinese equities. ...

Summary Persistent inflation spurred the US Federal Reserve to raise interest rates aggressively in the third quarter, with 0.75% hikes in both July and September. Earnings estimates for equities had continued to climb during the early part of the year and only started to moderate...

Summary How far will policy rates need to go to tame inflation and is a recession imminent? Until central banks see a significant decline in wage growth, they’re likely to keep conditions tighter for longer. There’s evidence that conditions may continue to suppor...

Summary TDIV holds dividend stocks in technology and communication. Its heaviest industry is semiconductors, with 37% of asset value. Valuation and quality metrics are better than benchmarks. However, it has been lagging the sector and the S&P 500 since inception. ...

Summary The tech-heavy Nasdaq Composite index relapsed and is back to where it was in July 2020. The massive valuation overshoot in the recent everything bubble – and hence the downside now – is hard to appreciate until quantified and compared historically. Last ...

Summary Few sectors escaped this year’s global equity selloff in Q3. Those most vulnerable to the punishing effects of the recent spike in interest rates have paid an especially heavy toll. Real estate, telecom, utilities and tech were the worst performers in most marke...