This article was originally published on ETFTrends.com. A poll conducted by Gallup-Wells Fargo revealed that 72% of U.S. investors have no interest in ever buying Bitcoin, while 2% currently own the cryptocurrency and 26% are on the fence. The results were based on a second-quarter Wells Fargo-Gallup Investor and Retirement […]
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Apple Earnings: 5 ETFs to Watch Today
This article was originally published on ETFTrends.com. Apple will announce its fiscal third-quarter earnings results later today, which could give technology stocks and tech-focused ETFs a much-needed shot in the arm after companies like Facebook, Twitter and Netflix stumbled on their earnings. Five ETFs to watch with the heaviest weightings […]
Uber Shuts Down Self-Driving Truck Program to Focus on Cars
This article was originally published on ETFTrends.com. Uber has announced on Monday that its self-driving truck division will be shut down. The news comes amidst controversy that has erupted regarding Uber’s self-driving vehicles after a fatal accident in March. The self-driving truck program started two years ago, when Uber acquired […]
This High-Yield Dividend Stock Delivered High-End Results in Q2
Crestwood Equity Partners (NYSE: CEQP) continued making progress on its turnaround efforts during the second quarter by posting better-than-expected results. That sets it up for an even sharper upward turn in the second half of this year and heading into 2019 as it brings more of its expansion projects online. […]
Changing Investor Behavior: Over & Under Reactions
This article was originally published on ETFTrends.com. By Derek M Horstmeyer Investors are displaying a tendency to over-react to news which has never historically been seen before. Financial researchers have known for decades that investors tend to under-react to news. This shows up in everything from earnings announcements, stock recommendations, analyst […]
MoviePass Owner Helios & Matheson Accelerates Plans to Reduce Cash Burn
This article was originally published on ETFTrends.com. Down over 97 percent in the last week, Helios & Matheson (HMNY), owner of MoviePass, has announced a series of new plans to reduce the company’s cash burn and save itself from bankruptcy. Helios & Matheson said on Tuesday that it would raise the […]
Momentum’s Magic Number
This article was originally published on ETFTrends.com. By Corey Hoffstein, Newfound Research A few weeks ago, we came across a study published by HIMCO on momentum investing*. Contained within this research note was a particularly intriguing exhibit. Source: HIMCO Quantitative Insights, May 2018 What this figure demonstrates is that the excess […]
Senate votes to extend flood insurance program
The Senate has voted to extend for four months the program that provides flood insurance for nearly 5 million homeowners and business owners. The bill’s passage by an 86-12 vote Tuesday averts a scenario where people living in coastal communities would have been unable to renew their flood insurance policies […]
Amplify Online Retail ETF Up 27% YTD
This article was originally published on ETFTrends.com. Traditional brick-and-mortar retail stocks and the relevant ETFs are rebounding this year, but e-commerce and online retail remains the place to be for investors. Just look at the Amplify Online Retail ETF (NasdaqGM: IBUY), which is up more than 27% year-to-date. Amplify Investments […]
Investor eyes cannabis, but not THC
As the cannabis movement becomes more mainstream, one investor is looking to bring more legitimacy and credibility to the once-taboo industry. Continue Reading Below “I am trying to find interesting disruptive companies that I think will legitimize the industry and really be mainstream in the years to come,” Evolution Corporate Advisors […]