Tag Archives for " Dow Jones Industrial Average "

Emerging Markets…Are the Best Days Behind Them?

In this post I look at the iShares MSCI Emerging Markets ETF (EEM).  This is a highly liquid ETF that trades at a 50-day average of 75 million shares a day. Of the top ten holdings, six are from China, 2 from Taiwan, 1 from South Korea and 1 from South Africa.

So there is a fairly strong exposure to China. In fact of all EEM’s holdings, China has the largest percentage of any country at 27.07%. You get exposure to companies like Tencent Holdings Ltd., Alibaba Group Holding ADR, China Mobile Ltd., China Construction Bank Corp, Baidu ADR and Industrial & Commercial Bank of China.

In the charts below I first look at the weekly chart of EEM then at the daily chart. Continue reading

Will This Change Help the Financials?

Today the focus is on State Street Global Advisors (SSGA)’ Financial Select Sector SPDR Fund (XLF). This ETF is usually either the number 2 or number 3 most actively traded non-index ETF.  3 month average daily volume of a little over 40 million shares.

Sector Changes

In June S&P Dow Jones Indices and MSCI, Inc. announced they were modifying the S&P sectors to remove real estate from the financials (except mortgage REITS) and create a new S&P real estate sector.

So in order to continue accurately tracking the sectors, SSGA announced they were removing real estate holdings from the XLF and creating a new ETF called the The Real Estate Select Sector SPDR Fund (XLRE).

Special Dividend

Removing real estate from the Financials will take place after the close on September 16.  XLF will issue a special dividend to its shareholders as part of this adjustment. Ex-dividend date is September 19.  The dividend will be in the form of shares of the new XLRE fund.

So going forward starting September 17, XLF will include securities of diversified financial services, insurance, banks, capital markets, consumer finance, thrifts and mortgage finance, and mortgage real estate investment trusts (REITs).

The chart of XLF is discussed in the brief market wrap video shown below. The three largest holdings in XLF are Berkshire Hathaway Inc. Class B, at 9.18%, JP Morgan Chase & Co. at 8.01% and Wells Fargo & Company at 7.59%.   Continue reading

Is the Sun Going to Shine on Solar Stocks?

In this stock market update video I review this week’s market action by reviewing the Dow Jones Industrial Average, the VIX and 3 key ETFs…semiconductors, homebuilders and financials. I then review the solar stocks ETF, TAN.

By the way this is a very abbreviated version of what my Insider Members get…check out the membership page.

What is That One Thing for You?

Many traders and investors constantly tinker with their technical indicators thinking that if they tweak this or add that, that they will get great results or solve a problem they may be having.

That if you find the right technical indicator, or combination of technical indicators, that will be the holy grail and you’ll be rich. I talked about this some in my post on July 16. Continue reading

5 Takeaways from the Market Last Week

5 takeaways at all-time highsHere are 5 takeaways from the market last week:

  1. Earnings from marque tech players did well overall
  2. Oil continues slide
  3. No interest rate hike in sight as Fed sits on its hands
  4. Consolidation continues as market slides sideways
  5. Effect on the Election

Earnings

Apple (AAPL), Facebook(FB), Alphabet (GOOGL) and Amazon (AMZN) all did well and all of them had their stocks up for the week. The winner of the four was Apple.

Apple was up 5.6% for the week followed by Alphabet +4.4%, Facebook +2.4% and Amazon +1.9%.

Apple beat expectations and CEO Tim Cook says their services sector “will be the size of a Fortune 100 company next year”. Continue reading

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