Japan Producer Prices Rise 0.2% In January

Producer prices in Japan were up 0.2 percent on month in January, the Bank of Japan said on Thursday. That exceeded expectations for a flat reading following the 0.1 percent increase in December. On a yearly basis, producer prices jumped 1.7 percent – again beating forecasts for 1.5 percent and up sharply from 0.9 percent in the previous month. Export prices were up 0.3 percent on month and down 1.4 percent on year, the bank said, while import prices gained 0.7 percent on month and fell 0.7 percent on year.…

SBI Cards IPO: SBI Cards IPO likely to hit Street in early March

The Rs 9,500-crore initial public offering of SBI Cards and Payments Service is likely to be launched in the first week of March, according to bankers to the issue. Market regulator Sebi on Tuesday has given its inprincipal approval to SBI Cards to launch its IPO, they said. The IPO is likely to be priced in a band of Rs 690-700 per share, the bankers said. In the unofficial grey market, SBI shares are being traded at Rs 950-970 per share, about 38 per cent over its likely IPO price.…

Factor Investing Update: An Analysis of 2019 U.S. Factor Returns

In case you missed it, 2019 was a good year to be an equity investor. Examining market-cap-weighted indices, the U.S. stock market was up ~ 30%, Developed International Markets were up ~ 22%, and Emerging Markets were up ~ 18%. But how did factors do in 2019? Below I update my post from last year, examining the performance of simple factor portfolios. This year, I make some minor tweaks to highlight the performance while varying the level of concentration towards each factor. Let’s dig into the results. Factor Investing Data and Results Similar to…

This Genomics ETF Has Coronavirus Vaccine Leverage

The race is on to find a cure for the deadly coronavirus and that competition could benefit some ETFs, including the ARK Genomic Revolution Multi-Sector Fund (ARKG ). ARKG includes companies that merge healthcare with technology and capitalize on the revolution in genomic sequencing. These companies try to better understand how biological information is collected, processed and applied by reducing guesswork and enhancing precision; restructuring health care, agriculture, pharmaceuticals and enhancing our quality of life. As an actively managed ETF, ARKG isn’t constrained by an index, a trait that can…

3 Charts Suggest Cybersecurity Stocks Are Headed Higher

3 Charts Suggest Cybersecurity Stocks Are Headed Higher

Cybersecurity has been dominant theme in the financial markets as well as the media so far in 2020. As the fundamental need for quality solutions across hardware, software, and services continues to rise, investors will be well suited to follow the charts from across the sector. Recent breakouts combined with nearby support levels are providing traders with interesting risk-to-reward setups and are pointing to higher prices over the coming months. PureFunds ISE Cyber Security ETF (HACK) Active traders who are looking to gain exposure to the niche segment of cybersecurity…