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Fintech Focus For February 9, 2021
Monday, February 8, 2021 - 7:32pm | 2129Read More...Quote To Start The Day: If you can change your mind, you can change your life. Source: William James One Big Thing In Fintech: Tesla has disclosed in an SEC filing published Monday that it has bought $1.5 billion worth of bitcoin. "In January 2021, we updated our investment policy to provide...
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'The Third Wave': Stock Market Update For The Week Ahead
Sunday, December 6, 2020 - 6:15pm | 1183Read More...The Past Week, In A Nutshell What Happened: In light of hopes for a sustained economic rebound, U.S. broad market indices pushed to new all-time highs. Remember This: “[T]he third wave is now hitting the economy harder than we thought and that the damage is likely to keep adding up in coming...
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Fintech Focus For December 1, 2020
Monday, November 30, 2020 - 5:07pm | 1524Read More...Quote To Start The Day: Whatever you do, do it well. Source: Walt Disney One Big Thing In Fintech: Business information provider S&P Global Inc agreed on Monday to pay $44 billion in stock to acquire IHS Markit Ltd in the year’s biggest acquisition that will create a new data powerhouse...
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Fintech Focus For September 7, 2020
Sunday, September 6, 2020 - 3:51pm | 2051Read More...Quote Of The Day: Two armies that fight each other is like one large army that commits suicide. - Henri Barbusse Fintech Movers: The European fintech scene has experienced tremendous growth over the last few years. One of the key drivers of this growth is open banking. This is causing financial...
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Bouncing Back To Blockchain ETFs
Sunday, June 16, 2019 - 8:17am | 569Read More...The Securities and Exchange Commission bars fund issuers from using the word “blockchain” in fund names, but there are some exchange traded funds that are positioned as blockchain funds. The oldest of those funds is the actively managed AMPLIFY TRANSFORMATIONAL DATA SHARING ETF (...
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It Didn't Take Long For Short Sellers To Pile Into Lyft
Thursday, April 4, 2019 - 12:00pm | 479Read More...Lyft Inc (NASDAQ: LYFT) shares bounced back on Thursday morning but remain below the company’s $72 IPO price. After less than a week of trading, it's already clear Lyft will serve as a battleground for short sellers and long buyers. Short Sellers Paying High Price IHS Markit reported this...
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Recession Risk Is Real For Eurozone ETFs
Sunday, February 10, 2019 - 5:05pm | 526Read More...Long disappointing and downtrodden, eurozone stocks and the corresponding exchange traded funds are rebounding this year. As Feb. 5, the iShares MSCI Eurozone ETF (CBOE: EZU) and the SPDR Euro STOXX 50 ETF (NYSE: FEZ) are up an average of 7 percent year-to-date. What Happened While 2019 is...
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Holiday Shopping Season Lines Up Nicely For Retail ETFs
Wednesday, November 28, 2018 - 8:42am | 500Read More...Black Friday and Cyber Monday are in the books, but there's still plenty of time left for retail stocks and the related exchange traded funds to gain investors' favor this holiday season. Down more than 11 percent in the fourth quarter, the SPDR S&P Retail ETF (NYSE: XRT) could use some...
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Making The Natural Gas Trade Great Again
Friday, August 17, 2018 - 12:45pm | 498Read More...Surging domestic supply hindered natural gas prices over the past several years, but the commodity has recently been a solid performer. Demand expectations could provide some upside for natural gas and the related exchange traded funds. The United States Natural Gas (NYSE: UNG), a futures-based...
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E-Commerce Sales Tax Ruling A Non-Starter For Online Retail ETF
Friday, July 13, 2018 - 12:12pm | 633Read More...The Supreme Court of the United States last month ruled in the case of South Dakota vs. Wayfair (NYSE: W) that states could force retailers based in other states to pay sales tax on purchases made by residents of the states where the retailer is not based. To clear that up using a hypothetical...
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Materials ETFs Show Signs Of Life
Monday, June 11, 2018 - 11:55am | 562Read More...The Materials Select Sector SPDR (NYSE: XLB) and other materials exchange-traded funds struggled to start 2018, but the group has recently shown signs of perking up. Last week, XLB gained about 3 percent, pushing its June gain to 4 percent, a move that's erased a year-to-date loss. What...
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Here's Why The Marijuana ETF Could Be A Short-Covering Idea
Wednesday, May 23, 2018 - 11:54am | 554Read More...The ETFMG Alternative Harvest ETF (NYSE: MJ), the only U.S.-listed exchange-traded fund that's a pure play on marijuana-related equities, is enjoying a solid rebound effort in May with a gain of about 7 percent this month. There are some catalysts, political and otherwise, that have the...
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Turkey ETF Confronts Another Election
Friday, April 27, 2018 - 2:25pm | 512Read More...The iShares MSCI Turkey ETF (NYSE: TUR), the lone exchange-traded fund dedicated to Turkish stocks, is lower by more than 12 percent this year. As if that's not bad enough, the specter of another presidential election looms over the country's often volatile financial markets. Earlier this...
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Greece ETF Looks For A Clean Break
Tuesday, April 24, 2018 - 12:39pm | 539Read More...The Global X MSCI Greece ETF (NYSE: GREK), the only U.S.-listed exchange-traded fund dedicated to Greek stocks, is up 2.72 percent year-to-date. GREK is easily topping the 2018 performance of the MSCI Emerging Markets Index, a relevant comparison because Greece is classified as a developing economy...
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An Ideal ETF For Dividend Growth
Thursday, April 19, 2018 - 8:20am | 545Read More...U.S. dividend growth remains impressive even as interest rates are rising. The dividend growth theme is expected to continue, particularly in the current quarter. “IHS Markit is forecasting that quarterly dividends declared by firms in the S&P 500 will top $115 billion in the current...
