What Does A Phase 1 Deal Mean For Stocks & Commodities?

U.S. and China trade representatives are set to complete a saga of fierce bilateral negotiations on Wednesday with a “Phase One” deal that asserts billions of dollars’ worth of agricultural purchases and the start of reforms to China’s ongoing practice of compulsory technology transfer. The trade deal, which had reached an impasse around Thanksgiving, raised fears that an accord would collapse again, dragging stocks and hopes for a halt to the nearly two-year-old trade war with it. But then just days later, President Trump announced that a deal would be…

Solar ETF Is Enjoying a Sunny Outlook

Solar ETF Is Enjoying a Sunny Outlook

Solar stocks and sector-related ETFs have shined over the past year and the outlook continues to look bright. The Invesco Solar ETF (TAN B) rose 5.3% so far in 2020 after advancing 58.3% over the past year. The outlook for the solar industry remains favorable as strong fundamentals could continue to back the sector, MarketWatch reports. “Global solar installations will continue double-digit growth rates into the new decade,” IHS Markit said in a recent note. “New annual installations in 2020 will reach 142 gigawatts (GW), a 14 % rise over…

Day Hagan / Ned Davis Release Smart Sector ETF ‘SSUS’

On Friday, Day Hagan Asset Management (DH) and Ned Davis Research (NDR), a leading independent provider of global economic and financial analysis, launched a new ETF looking towards long-term appreciation and preservation. The Day Hagan/Ned Davis Research Smart Sector ETF (SSUS) is designed to seek long-term capital appreciation and preservation of capital. A proactive, adaptive strategy, SSUS is incorporated in the U.S. and considered a “fund of funds” that, under normal market conditions, seeks to achieve its investment objective by principally investing in unaffiliated equity ETFs that track the performance…