Cohen & Steers Files for Broad Real‑assets Active ETF
NEW: @cohenandsteers just filed for a "Real Assets Active ETF". No ticker yet. Will invest in: (i) real estate companies (REITs); (ii) commodities; (iii) natural resource companies; (iv) infrastructure companies; and (v) gold and other precious metals https://t.co/ZfU4ARgbyj
IVE Outperforms VUG as EMA Flips Bearish
value $IVE vs. growth $VUG has turned back 13/34-week EMA bearish... it was still a squint (when it turned bullish) in a seemingly lower highs/lower lows downtrend, all along... but nonetheless... https://t.co/n3v25v3mPq
Most New 2x ETFs Shut Down Within a Year
A slew of baby 2x ETFs closed in April, most under one year old incl $LMBO and $REKT. They can tell early that no one cares so they just pull them. Still tho, the closures are dwarfed by the dozens...
BlackRock Launches Two Active Muni Bond ETFs, Including Short‑duration
NEW: @BlackRock continues the ETF industry trend of filing/launching active funds. They just filed for two active muni bond ETFs. One will specifically target short duration bonds https://t.co/MoTAGuo7Nl
US ETFs Attract Record Inflows as Global Interest Wanes
Americans' flirtation with int'l stocks may be over, the surge in the S&P 500 has helped suck back in cash as April saw $134 billion go into domestic ETFs -- the third-largest inflow on record and the spread bt US...
Korean Chip Giants Dominate EWY, Prompt US Rebalancing
Given that Samsung & SK Hynix have now exceeded 50% of $EWY, there will need to be some "rebalancing" to satisfy US Diversification requirements by end of month @IBDinvestors @marketsurge charts here: https://t.co/XW54gpjWXm Similar to today, South Korea's weakness very...
XBI Sees Modest Boost After Anticlimactic FDA Decision
$XBI getting small lift (so far) from the Un-Martying of the FDA. It's all very anticlimactic. https://t.co/q4ta0bkJh4
XRP ETFs Record $25.8M Inflow, Largest Since January
U.S. spot $XRP ETFs saw $25.8M in inflows on May 11, their biggest daily inflow since January
Asia Macro Shorts Counter Our Long Oil Bet
3 of our 9 Macro Shorts in ETF Pro are in Asia where they are Short of our Long Oil $BNO
GLP‑1 Disruption Drives Healthcare to 13‑year Low
GLP-1 disruption has caused the concentrated Med-Tech ETF $IHI to weigh sharply on Healthcare's performance this yr, resulting in what used to be the 2nd largest sector in SPX slipping to just 8% @IBDinvestors @marketsurge Selectivity crucial until this Sub-industry...
Roundhill Launches Best‑ever Memory ETF, Perfectly Timed and Composed.
Roundhill has now executed best launch in industry history w/ Memory ETF… Perfect portfolio for the moment (75% SK Hynix, Samsung, & Micron). Perfect ticker (DRAM). Perfect timing (they saw flows going into iShares South Korea ETF as proxy for DRAM trade). Perfect launch.
Growth Index Sets Record 6‑Week Outperformance Over Low‑Vol
The S&P 500 Growth index has beaten the S&P 500 Low Volatility Index by more in the last 6 weeks than any other 6-week window on record. This doesn't mean the bull market has to end (look at 2020 and...
Consumer Discretionary ETF Sizzles Amid Economic Headwinds
Equal-weight Consumer Discretionary ETF 3-month performance heat map is an inferno @stockcharts $RSPD Gas prices, another pandemic, negative real wages... not good. https://t.co/Ukjd3xD6jl
Retail Investors Bleed on 3x Bearish Semiconductor ETF
Carnage for "Retail Investors" betting on 3x Bearish Semis $SOXS (again) today This sick ETF puppy traded over 296,000,000 shares, lol https://t.co/5hO8uIVmab
Commodity Boom Highlights Hidden QE via Treasury Mandate
One Year Silver $SLV +161% Copper Miners $COPX +124% Gold Miners $GDX +94% Uranium $URNM +80% Forcing the U.S. banks to buy $1T of Treasuries while claiming to reduce the Fed’s balance sheet is still QE. Financial repression.