Tag: Trading Exchange Traded Funds

The stock market plowed to new records this week, as earnings reports, economic data, trade news, and the bullish price action continued to bolster risk sentiment. The S&P 500 (+2.0%), Nasdaq Composite (+2.3%), and Russell 2000 (+2.5%) rose at least 2.0%, and the Dow Jones Industrial Average (+1.8%) followed right behind. Six of the 11 S&P 500 sectors finished with gains of at least 2.0%, including a 3.8% gain in the defensive-oriented utilities sector. The energy sector (-1.1%) was the only sector to finish lower, as oil prices ($58.55/bbl, -0.44,…

The evolution of wireless networks is moving into its fifth generation (5G), and the hype is starting to build on both the consumer and investor fronts. It just about goes without saying that the demand for fast mobile connections is here to stay, and the companies that are able to quickly adopt to the fast-growing trends will likely be the ones to dominate. In the paragraphs below, we’ll take a look at several charts and try to determine how active traders will be positioning themselves over the weeks or months…

Stock market returns to winning ways as geopolitical tensions subside. The large-cap indices hit new record highs this week, as tensions in the Middle East were de-escalated and technology stocks continued to outperform. The Nasdaq Composite rose 1.8% to climb past the S&P 500 (+0.9%) and Dow Jones Industrial Average (+0.7%). The Russell 2000 (-0.2%) underperformed for the third straight week. Iran remained a focal point, at least in the first half of the week after it escalated its hostile rhetoric against the U.S. and fired more than a dozen…

Congress recently passed the Setting Every Community Up for Retirement Enhancement, or SECURE Act. The bill marks some of the most significant changes to retirement policy in more than a decade. The bill first made headlines back in the spring when it received bipartisan support in the House of Representatives. Then it stalled in the Senate due to a handful of provisions but remained a priority throughout the rest of the year. The SECURE Act was attached to the year-end Congressional appropriations bill that kept the government funded through the…

The stock market ended a stellar 2019 on a quiet note, started 2020 with a bang, then succumbed to some profit taking after a U.S. airstrike escalated tensions in the Middle East. By week’s end, the S&P 500 declined 0.2%, the Dow Jones Industrial Average declined 0.04%, and the Russell 2000 declined 0.5%. The Nasdaq Composite, however, did increase 0.2%. The positive, yet short-lived, catalyst this week was China announcing it will cut the reserve requirement ratio for small and large banks by 50 basis points on Jan. 6. The…