Today’s Apple (AAPL) upset weighed heavily on the markets, as investors digested the rather anemic earnings report from the tech giant. The company reported revenues that fell short of expectations and iPhone sales that missed quarterly projections; Apple shares plunged 12.35% to close at $450.50. In other corporate news, blue-chip conglomerate 3M (MMM) reported earnings that were in line with expectations, while revenues came in slightly higher. Markets, however, were bolstered by better-than-expected labor data; Americans filing new applications for jobless benefits fell to 330,000, the lowest level in five years [see also Seven Simple & Cheap ETF Model Portfolios].
[click to continue…]
In the quickly evolving world of technology, it’s hard to know what the next big thing will be and how to get ahead of the crowd. Forbes writer Eric Savitz recently highlighted research group Garner’s attempt at this guessing game with a list of their Top 10 Strategic Technology Trends For 2013, featuring ideas that […]
The persistently low interest rate environment has prompted countless investors to beef up exposure to dividend-paying securities in an effort to outpace inflation and lock in income amid a largely uncertain economic landscape. But that’s just the more talked about half of the story; on the other end of the spectrum are optimists who are taking advantage […]
The curtain is about to drop on 2011, a year that will go down as a record-breaking period for the rapidly-expanding ETF industry. More than 300 exchange-traded products began trading this year, with dozens of issuers rolling out new products. While some of the new additions bear a striking resemblance to more established products on […]
2011 has been arguably one the busiest ever for the ETF industry, as we are on pace to break through 300 new launches for the year. As we rapidly approach 1,400 total funds in the space, it can be a daunting task to try and keep up with the tidal wave of new products that […]
This year more than ever before, investors of all sizes are giving thanks for the tremendous expansion in the ETF industry in recent years. ETF assets continue to climb, even in challenging economic environments. And in many cases, the growth of this industry is thanks to an exodus of cash from traditional mutual funds to […]
As the ETF industry has grown by leaps and bounds over the past few years, innovation has been a recurring theme in the space. Although some of the new exchange-traded products now hitting the market offer access to “plain vanilla” asset classes and indexes, the ETF expansion has been fueled primarily by first-to-market products that […]
Global X became the latest issuer to offer an ETF targeting a segment of the global technology industry this week, rolling out the first ETF to specifically target the social media industry. The new Global X Social Media Index ETF (SOCL) will seek to replicate the Solactive Social Media Index, a benchmark that includes companies […]
As ETFs have burst on to the scene in recent years, just about every serious investor and professional money manager has taken a crash course in exchange-traded products, becoming familiar with the countless benefits and nuances of these products. Features such as enhanced transparency, upgraded tax efficiency, and low costs are generally well known at […]
UBS continued an aggressive expansion of its lineup of exchange-traded notes this week, debuting a product offering leveraged exposure to a hot corner of the technology sector. The launch of the ETRACS Monthly 2x Leveraged ISE Cloud Computing TR Index ETN (LSKY) comes exactly three months after First Trust debuted an ETF linked to the […]
UBS rolled out the latest exchange-traded products targeting narrow corners of the technology sector in Thursday, debuting a pair of products that offer exposure to companies in the solid state drive industry. The ETRACS ISE Solid State Drive Index ETN (SSDD) will seek to replicate a benchmark comprised of drive manufacturers and component manufacturers, and […]
