XMMO News and Press, Invesco S&P MidCap Momentum From 06/07/23

2023-06-07 02:10:00 ET Summary The run higher in the Nasdaq has become insane. It’s an “echo bubble” from the bubble that popped in November 2021. All of the classic “blow off top” indicators are flashing again. The VIX is back to where it was in...

2023-06-05 06:30:00 ET Summary Nvidia increased their revenue guidance for the July ’23 quarter. Data center revenue and EPS guidance for the fiscal Q2 for NVDA saw sell-side analysts boost the fiscal ’24 EPS estimate by 69% and the revenue estimate by 41%. High-grad...

2023-05-31 22:37:00 ET Summary The top 10 largest companies underperform by an average of -1.5% over the subsequent 10 years. Even though we know that the majority of performance is driven by a handful of stocks over time, indexing works because you have exposure to those handful ...

2023-05-31 02:17:00 ET Summary Several new forces may soon combine to push our energy stocks higher. There is a tremendous amount of cash on the sidelines, which could pour into the stock market and spark a major market rally at any unknown day or hour, as soon as there is a signi...

2023-05-30 12:00:00 ET Summary The traditional 60%/40% portfolio has definitely felt a drag from the bond side of the equation. Expected tech sector EPS growth remains pretty punk for 2023, even after Nvidia’s earnings last week. Technology as a sector does better when ...

2023-05-30 04:38:00 ET Summary The relationship between the copper price and the S&P 500 Index can be described as one of generally positive correlation, with divergent movements at times. The performance difference since early April, with the copper price moving downward to a...

2023-05-27 02:25:00 ET Summary The US stock market is having itself a pretty decent year so far in 2023, all things considered. This week we focus on another unusual characteristic of the stock market – the extreme narrowness of outperformance, dominated almost exclusively ...

2023-05-26 22:14:00 ET Summary The S&P 500 has been closing in on new 52-week highs as the index gains another 1.3% heading into the long weekend. Indicating what has broadly been mediocre breadth at best, the only two sectors with relative strength lines that are currently mo...

2023-03-20 16:12:04 ET Invesco MidCap Momentum ETF ( NYSEARCA: XMMO ) - $0.3201 . 30-Day SEC Yield of 1.39% as of Mar 17. Payable Mar 24; for shareholders of record Mar 21; ex-div Mar 20. For further details see: Invesco MidCap Momentum ETF declares quarterly...

2023-03-15 00:30:00 ET Summary Small businesses continue to report some of the worst sentiment of the past decade with the February reading right back in line with the April 2020 low. Plans to increase employment remain healthy in the 77th percentile. Most firms report now as ...