Previous 10 | Next 10 |
The S&P 500 inched up to its highest close since the second week of June 2020, but is still slightly over 201 points shy of the record high of 3,386.15 it recorded on 19 February 2020. On the other hand, it has risen 947.64 points since hitting bottom at 2,237.40 back on 23 March 2020. ...
It was tempting to ask in the headline whether readers were looking for the “over” or “under” on Q2 ’20 SP 500 earnings this quarter. My own bias coming into Q2 ’20 given the very low expectations, is that the numbers are “better-than-expected...
By David Baskin The aphorism "Hours of boredom punctuated by moments of sheer terror" has been used to describe war and flying (and even baseball, although I beg to differ). The phrase may have originated in the trench warfare of the First World War, and it is a vivid reminder of how sudde...
Twice In One Year It is a bit hard to comprehend that twice, in the same year, I would be writing primarily the same article. In early January, I penned the following: "When you sit down with your portfolio management team, and the first comment made is 'this is nuts,' it's probably tim...
No Shortage of Event Risk Next week sees earnings season get underway in the US, with the major banks all reporting on the second quarter and offering insight - if they have any - into the rest of the year. Understandably, US corporates were a little shy on the guidance last quarter but inve...
As is said from time to time, a picture is worth a thousand words and one simply needs to look at mutual fund and ETF flows to see the truth behind the statement. Investors' actions indicate stocks have not been at the top of their buying list for a year and a half. As the top two panels in th...
Big week for Financial stocks next week, so if there are changes to come in forward S&P 500 earnings estimates, it will likely start beginning Monday or Tuesday, July 13th or 14th, 2020. For now though, and to get an early start on the weekend, here are the key numbers from the Refinitiv...
Editor's note: Edits were made to this article. We are nearing that mid-point in July when I said we would start to see the news turn from euphoria-inducing reopening positives to depression-developing realism. Speaking of stock market bulls who are stampeding uphill on the euphoria side...
If your US equity strategy is posting a gain this year, there's a good chance that the key driver is a hefty allocation to either the large-cap growth or momentum factors. These are the only two factor strategies posting gains so far in 2020, based on a set of exchange-traded funds. Otherwise,...
There’s an ever-expanding chasm in markets between fundamentals and flows, and market forces such as commission-free trading and the widespread adoption of passive ETFs have distorted price discovery, Real Vision's Tyler Neville told Ed Harrison during today’s Daily Briefi...
News, Short Squeeze, Breakout and More Instantly...
PortfolioPlus S&P 500 ETF Company Name:
PPLC Stock Symbol:
NYSE Market:
NEW YORK , Aug. 28, 2020 /PRNewswire/ -- Direxion continually reviews its product range to ensure it's meeting the needs of our clients. Based upon a recent review, the Board of Trustees of the Direxion Shares ETF Trust has decided to liquidate and close 15 ETFs (each, a "Fund" and c...