ETF Action: Research

4.17.2021

Breakdown of the previous day's market action through the lens of ETFs

• Mid-caps lead on Friday as major averages close the week at record highs
• 5 of 11 sectors are in overbought technical territory
• Sustainability ETFs lead in thems, iShares Global Clean Energy ETF (ICLN +3.34%) best performer on Friday
• Dollar (UUP) falls 12 basis points to its 50 day moving average

4.16.2021

Breakdown of the previous day's market action through the lens of ETFs

• Major averages hit new highs, SPY up 1.06% week to date heading into Friday
• 10 of 11 U.S. sectors at or within 1% of 52-week highs, Energy still 8.92% away
• TrueShares Technology, AI & Deep Learning ETF (LRNZ +2.65%) best performing thematic ETF on Thursday
• Commodities (DJP +1.11%) rise across the board while the Dollar closes flat (UUP)

4.16.2021

Daily review of stock specific news including ETFs w/ greatest exposure, curated links and look at performance results for the previous trading session.

• Big bank stocks are 'dirt cheap' after posting earnings, Jim Cramer says - CNBC
• Coinbase Slips With Bitcoin as Stock Seeks to Find a Level - Bloomberg
• Play the Closed-End Fund Game With the Pros - Barron's
• With Pot Taxes, It's Bad to Get Too High - WSJ

4.15.2021

Daily review of stock specific news including ETFs w/ greatest exposure, curated links and look at performance results for the previous trading session.

• Market is 'completely ignoring' serious risks associated with U.S.-China relations, Asia expert Stephen Roach warns - CNBC
• BofA Joins Bonanza as Wall Street Units Drive Solid Quarter - Bloomberg
• U.S. Building Boom Is Sending Lumber and Steel Prices Through the Roof - Barron's
• Investors Can't Afford the Zillow Dream - WSJ

4.15.2021

Breakdown of the previous day's market action through the lens of ETFs

• S&P 500 (SPY -0.34%) retreats from recent high but remains at overbought levels by 14-day RSI
• Value outperforms growth across all sizes as small-cap value leads (IJS +1.39%)
• Cannabis ETFs approaching oversold levels again
• Gasoline prices rise (UGA +2.52%) again and are now up 34% YTD

4.14.2021

Top 10 Advanced Materials Stocks: A Great Place To Start Upstream

Over the last several weeks we have discussed the potential multi-trillion dollar infrastructure bill in the works in Washington and the impact that may have for investments in 5G/Connectivity and NextGen Transportation. The Biden administration has already come out and said it plans to jump start the electrification of America's roads by offering nationwide charging station infrastructure, tax incentives for electric vehicle buyers, and money to boost domestic supply of materials. That's exactly why this week we thought we would look further upstream from the NextGen Transportation segment into Advanced Materials.

While there are only a few ETFs that cover the space, it is growing quickly in assets and may stand to benefit from strong battery demand over the next decade and onward.  Hence, we explore the companies that make up ETF All-Stars® Advanced Materials Select Top 10 List.

4.14.2021

Breakdown of the previous day's market action through the lens of ETFs

• Nasdaq (QQQ +1.17%) leads major averages higher while Dow (DIA) declines 23 basis points
• S&P 500 (SPY) advances 0.30% but now finds itself in overbought technical territory (14-day RSI)
•  Internet (XWEB +1.79%) and health care equipment (XHE +1.63%) top U.S. industries, banks lag (KRE -2.06%)
• All thematic segments advance while some Water ETFs beginning to get overbought (PIO)