Tag: ETF sectors and rotation

In the recent webcast, More Than Just Renewables: Hidden ETF Opportunities in the Energy Transition, Andy Hicks, senior vice president and director of ETF portfolio management and research at SS&C ALPS

As consumers are transitioning tastes from early pandemic comfort wear to more formal attire, some retailers are taking steps to mitigate losses and dispose of excess inventory. “We thought it was prudent for us to be

Bristol Myers Squibb Co announced it will buy out Turning Point Therapeutics Inc for $4.1 billion in cash to help expand its line of cancer drugs, Reuters reported. (NYSE: BMY) said it will acquire drug

Tesla CEO Musk stated in an email titled “Pause All Hiring Worldwide,” that he had a “super bad feeling” about the economy and wants to cut about 10% of staff at the electric carmaker, Reuters reported. In a

Wells Fargo & Company raised its price target on SolarEdge Technologies in a research note on Friday. Meanwhile, Enphase shares advanced after the company announced that installers of Enphase

Morris said U.S. natural gas prices have been at multi-year highs and very strong counter-seasonal. When asked about the spare capacity that currently exists in the world, Morris pointed to Saudi Arabia, and the

Meanwhile, related ETFs that have large holdings in the components like the Global X Social Media ETF (SOCL) was 8.2% lower, the Communication Services Select Sector SPDR Fund (NYSEArca: XLC) was down 3.5%, and the Vanguard Consumer Discretionary (NYSEArca: VCR) dropped 2.8%.

“Tesla is mainly down on two things — macroeconomic concerns as people are worried about inflation and recession, and China,” Gary Black, founder, and managing partner at the actively-managed ETF Future Fund

Media sector-related exchange traded funds rallied Tuesday after Warren Buffet’s Berkshire Hathaway disclosed its large stake in Paramount Global (NYSE: PARA). Berkshire acquired 68.9 million shares of

“The questions we’re getting right now at VettaFi are really around the food and beverage segment: if you look at Target’s earning report, you saw that there was a lot of pain from the discretionary sector but that

“New capacity for generating electricity from solar, wind and other renewables increased to a record level worldwide in 2021 and will grow further this year as governments increasingly seek to take advantage of

Further dragging on Cisco shares Thursday, the midpoint of Cisco’s projection for the current quarter suggested that revenue of $12.7 billion, or 8% below Wall Street analysts’ target. The technology heavyweight

That’s a plus for travel stocks and the related exchange traded funds, including the ALPS Global Travel Beneficiaries ETF ( JRNY ) . That’s the sector where airline equities reside, confirming that the fund is levered to

Clean energy technology sector-related exchange traded funds could pick up momentum as the International Energy Agency projected a record new capacity to generate renewable energy in 2022 on growing