There has been one “Neutral” rated ETF from our AI systems this week, the Invesco QQQ Trust . The fund invests in equity markets across the globe with a significant chunk of its holdings in the US market tracking the tech-heavy Nasdaq Index. Leveraging on the growth in equity markets across the world, the fund has been performing extremely well over the past few months and is up by almost 25% for the year. Invesco QQQ Trust has seen a strong inflow of $6.
Is it time for a broad-based pullback? According to our AI technology, there are four “Unattractive” ratings, namely the SPDR S&P 500 ETF Trust , the iShares S&P 500 ETF , the Vanguard S&P 500 ETF and the Vanguard Total Stock Market ETF . SPDR S&P 500 ETF Trust, iShares S&P 500 ETF, and Vanguard S&P 500 ETF track the S&P 500 while Vanguard Total Stock Market ETF is a fund that is invested in the overall market.
We have a few unrated ETFs that focus on equity markets outside the US. While the rally in these ETFs has not been as spectacular as the funds tracking the US markets, there is some optimism of late. Vanguard FTSE Developed Markets ETF and Vanguard FTSE Emerging Markets ETF saw a 1-week fund flow of $0.003 billion and $0.002 billion respectively against a 90-day fund flow of -$1.570 billion and -$2.256 billion. The AUM for these funds is $73.203 billion, $67.571 billion, and $60.
Source: News Formal (newsformal.com)
time for change
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
S&P 500 gains on COVID-19 vaccine, stimulus hopesThe S&P 500 edged higher on Monday as promising data across a range of COVID-19 vaccine candidates and hopes of more stimulus helped overcome fears around the extent of the economic damage from a surge in domestic infections.
Source: Reuters - 🏆 2. / 97 Read more »
Bank of America sees a summer rally for the S&P 500 as charts signal 'upside breakout'Bank of America thinks the S&P 500 will continue its relentless rally off the mid-March lows as a series of technical signals point to further gains. Pro As more Government debt increases FED money printing to continue the retirement fund Ponzi scheme. Not a Ponzi scheme you say, stop all contributions and see what happens to Markets. Pro Money printer go Brrrrrrrrrrrr Pro LMAO it's all fake
Source: CNBC - 🏆 12. / 72 Read more »
S&P 500 turns positive for 2020, but most stocks are missing the partyThe benchmark S&P 500 U.S. stock index is now positive for the year, yet most of its components have sat out the rally. Most of the market participants are missing the party. That is a bigger issue and that is why this is such a hated rally
Source: Reuters - 🏆 2. / 97 Read more »
Change of plans: Indy 500 to be held in 2020 at 25% capacity; mask-wearing mandatoryAfter IMS announced a max capacity for this year's Indy 500 of 50% June 26, responses from 2020 ticket holders mean IMS will be 25% full Aug. 23. ALL of them entering through a crowded gateway That place is a money pit. Tony George unloaded it just in time to a 82 year old ego maniac, Roger Penske. Indy raises the price on hotels, rental cars, food or anything to get in the fanatics pockets. I worked at the Indianapolis Motor Speedway, with my 1st Indy 500 being 1956.
Source: USATODAY - 🏆 100. / 63 Read more »
Tailored Brands is closing 500 storesTailored Brands, which owns suit sellers Men's Wearhouse and Jos. A. Bank, has identified 500 stores for closures and said it's cutting 20% of its corporate positions as the coronavirus pandemic continues to decimate the retail industry It’s about time those sexist stores got shut down! Toxic masculinity 🤮 Where do I buy my suit now --- Walmart? True Cory -a definite rip-off
Source: CNN - 🏆 4. / 95 Read more »
NSA leaker Reality Winner among 500 women with coronavirus at Texas federal prisonHundreds of incarcerated women in Texas, including NSA leaker Reality Winner, are at the center of one of the largest coronavirus outbreaks at a federal correctional facility in the country Arn't they wearing mask? Look, there are guilty people in prison and there are innocent people in prison. But none of them deserve to get sick from this virus which has run rampant by tromp, repubs and stupid governors. Under my presidency, the prison population will decrease tenfold. Dont ask me how, just trust me on this one. Stalin2020
Source: cnnbrk - 🏆 393. / 55 Read more »