Utilities ETFs Shine in a Low-Yield, Risk-Off Environment

Utilities ETFs Shine in a Low-Yield, Risk-Off Environment

This article was originally published on ETFTrends.com. While the rest of the markets tumbled, utilities stocks and sector-related ETFs stood out, strengthening in new low-risk environment with depressed yields. Among the better performing areas of the market on Friday, the Invesco DWA Utilities Momentum Portfolio (NASDAQ: PUI) gained 0.7%, Reaves Utilities ETF (NYSEArca: UTES) rose 1.8% and Utilities Select Sector SPDR (NYSEArca: XLU) […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

Read More

Shaq O’Neal Gets a Slice of Papa John’s with Board Membership

Shaq O’Neal Gets a Slice of Papa John’s with Board Membership

This article was originally published on ETFTrends.com. In an effort to repair its image, pizza chain Papa John’s went big with former National Basketball Association star Shaquille O’Neal by making the seven-footer the new face of its franchise. On Friday, Papa John’s announced that O’Neal, whose personality is as large as his frame, would become its newest board member. The move comes […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

Read More

Pinterest files to go public

Pinterest files to go public

Pinterest disclosed its intention Friday to go public on the New York Stock Exchange, joining a slew of companies looking to capitalize on a booming IPO market. Continue Reading Below The social media company, which allows users to “pin” posts based on their interests, said in a S-1 filing that it will trade under the stock ticker “PINS.” Pinterest will offer two classes of stock at its opening, with Class A shareholders receiving one vote…

Read More

Most bitcoin trading activity is faked, research says

Most bitcoin trading activity is faked, research says

Could bitcoin still go to $25K? Fundstrat Global Managing Partner Thomas Lee on the stocks investors should consider for their portfolios and the outlook for bitcoin. Roughly 95 percent of bitcoin trading is faked by unregulated cryptocurrency exchanges, according to an analysis by an asset firm seeking U.S. Securities and Exchange Commission approval of a bitcoin ETF. Continue Reading Below In a presentation made public on Thursday, Bitwise Asset Management cites data from industry source…

Read More

Nike Trips Despite Another Strong Quarter

Nike Trips Despite Another Strong Quarter

Nike (NYSE: NKE) announced fiscal third-quarter 2019 results on Thursday after the market closed. The athletic footwear and sportswear juggernaut highlighted slightly better-than-expected revenue growth yet again, driven by the sustained global success of its “consumer direct offense” business strategy. Still, Nike’s near-term outlook left the market wanting more. With the stock down around 6% in today’s afternoon trading, let’s take a closer look at what it had to say. Continue Reading Below Nike results:…

Read More

Inverted Yield Curve Sends Jitters Through Markets

Inverted Yield Curve Sends Jitters Through Markets

This article was originally published on ETFTrends.com. Fears of an inverted yield curve racked the markets during 2018’s fourth quarter sell-off, but they returned on Friday as the short-term 3-month and longer-term 10-year yield curve did as such–unveil an inversion that hasn’t been seen since 2007–just ahead of the financial crisis. This helped send the Dow Jones Industrial Average south by over […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

Read More

Headline News Generally Positive With China, Brexit

Headline News Generally Positive With China, Brexit

This article was originally published on ETFTrends.com. By Horizon Investments Headline news was generally positive with China continuing to pledge support for its economy and the U.K. voting to extend the Brexit deadlines (and therefore the Brexit discussion). More granular data was mixed as January home sales declined -0.6% and many economists cut forecasts for 2019 job growth. On the political front, speculation […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

Read More

New Jersey sues California company over ‘ghost guns’

New Jersey sues California company over ‘ghost guns’

New Jersey’s attorney general announced a lawsuit Friday against a California company that sells mail-order firearms parts that can be turned into working weapons, the first such action the state has taken since it banned so-called “ghost guns” last year. The lawsuit filed Thursday alleges that Apple Valley-based U.S. Patriot Armory and owner-founder James Tromblee Jr. violated New Jersey’s consumer fraud laws when it advertised and sold gun parts to an undercover investigator last month….

Read More

An Aggressive Play on Transportation Stocks

An Aggressive Play on Transportation Stocks

This article was originally published on ETFTrends.com. Transportation stocks and sector-related ETFs have been gaining momentum, a bullish signal that the U.S. economy is on the mend after the broad market pullback last year and concerns over slowing growth. That momentum has been accrued in the face of headwinds, including the recent grounding of Boeing Co.’s (NYSE: BA) 737 Max aircraft and […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

Read More

Keep it Short With Emerging Markets Bond ETF

Keep it Short With Emerging Markets Bond ETF

This article was originally published on ETFTrends.com. Emerging markets assets, including bonds, are rebounding this year. For investors that want to embrace emerging markets debt with lower duration, the ProShares Short Term USD Emerging Market Bond ETF (CBOE: EMSH) is a credible idea. EMSH, which is higher by 2.13% this year, tracks the DBIQ Short Duration Emerging Market Bond Index. EMSH’s holdings […] Continue Reading Below Read more at ETFTrends.com > Free America Network Articles

Read More
1 2 3 1,700