RECENT Global Equity ETFs RESEARCH
The US Dollar Index fell by nearly 1% as the basket of currencies that the US dollar is weighed against posted gains.
In the US (IVV), mortgage applications for purchases and refinances rose by 0.10% in the week ending August 7—compared to the previous week.
The Consumer Discretionary Select Sector SPDR Fund (XLY) gained 0.58% on August 13. Retail sales data rebounded in July.
On August 4, 2015, First Solar (FSLR) declared its 2Q15 results. It reported earnings of $896 million and net income of $94.5 million.
On August 6, Teradata declared its 2Q15 results and reported revenues of $623 million, missing analyst estimates of $651 million. Without currency headwinds, revenues would have declined by 2% YoY.
On Aug 6, 2015, Teradata declared its 2Q15 results and reported revenues of $623 million. This missed analyst estimates of $651 million.
August 11 saw the release of a number of key indicator around the world. Wholesale inventory data was the most eagerly awaited in the United States.
Informed investors can profit from businesses that have filed for bankruptcy. A chapter 11 bankruptcy gives a company a second chance to revive its business.
As the spotlight fades from the turmoil in Greece and China’s stock market rout, investors are putting every move of the Fed in focus.
The healthcare sector and the pharmaceutical sector underperformed IBB, but outperformed the broader index SPY for the week ending July 31, 2015.
Vertex Pharmaceuticals posted its 2Q15 earnings on July 29, 2015. The company announced revenues of $166.1 million for 2Q15 on a GAAP basis.
For those who agree with Fed Chair Janet Yellen that the unemployment rate alone doesn’t present a composite view of US labor market conditions, the LMCI is an important indicator.
On August 4, Sprint announced its 1Q15 earnings, reporting operating revenues of $8.02 billion in comparison to analyst estimates of $8.32 billion.
The BLS (U.S. Bureau of Labor Statistics) released its employment situation report for July on Friday, August 7. Non-farm payroll jobs rose by 215,000 in July.
In order to reduce currency risk and benefit from potential growth opportunities globally, you can use hedged equity currency ETFs.
The ECI grew at 0.2% in 2Q15—the lowest quarterly growth in 33 years. Wage inflation is critical from an economic point of view, leading to higher disposable income and consumption.
The iShares Nasdaq Biotechnology ETF (IBB) rose 3.13% for the week ending July 31, 2015. IBB outperformed the broader market SPDR S&P 500 ETF (SPY).
The Cambria Global Momentum ETF (GMOM) is a quant-based fund-of-funds ETF. It’s managed by Cambria Investment Management.
Falling export competitiveness, combined with the energy sector’s woes, weighed down the US private payroll report for July.
In terms of individual stocks, Imperva (IMPV) has generated outstanding TTM returns of 182.59%, followed by Palo Alto Networks, Fortinet, Infoblox, Proofpoint, and FireEye.