XITK News and Press, SPDR FactSet Innovative Technology From 07/07/21

XITK offers a unique equally-weighted equity mix with a remarkable tilt towards large- and mid-cap growth stocks. Its smart-beta approach helped to create a more balanced equity mix, with no extreme top-heaviness. Its key ten holdings account for just 15.5% of the total NAV, so th...

As we mark the halfway point of the year, the economy is in full recovery mode and asset prices are soaring. As we enter the second half of the year though, it is hard to ignore some contradictions. Economic growth in H1 is going to print a big number, and yet, the 10-year Treasury no...

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...

Strategas Director of Policy Research Jeannette Lowe talks about the betting odds of a corporate tax rate hike coming down and how that plays into the ongoing debate around a potential infrastructure bill. She points out that the Senate is making progress on a bipartisan infrastructur...

The stock and bond markets have taken the view that inflation is “transitory,” as the headline CPI rose 5% yoy in May and the 10-year Treasury market celebrated the inflation news by sending yields down to 1.44%. The German/eurozone and Japanese money rates could be help...

Consumer Services climb to the top performing sector in May. Supply constraints limit output for basic material and consumer good sectors. Broadly positive economic conditions point to further closing in on the removal of accommodative policy. For further details see: U....

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...

Over the last 50 years, spending on technology equipment, software and research and development has grown to exceed 50% of all total private fixed investment, according to the US Chamber of Commerce. Despite potential headwinds, and the recent volatility, we are very optimistic on the...

A market that opens big green, and then fades and closes in the red, is not really a healthy market. Let’s take a quick look at the EPS and revenue revisions for the Top 5 stocks in the S&P 500 as of 5/31/21. Only Facebook doesn’t have a PE that is lower than its...

InvestorPlace - Stock Market News, Stock Advice & Trading Tips How do you pick growth stocks? I bet if you asked 100 investors who were partial to growth stocks what their selection process was for weeding out the winners from the losers, you’d get 100 different answers. Du...