By JP Morgan Asset Management via Iris.xyz In brief Markets have bounced back nicely in 2019 after a volatile December, but this bounce has been driven almost entirely by multiple expansion. Earnings revisions have moved sharply lower, causing 1Q19 estimates to fall into negative territory. Source: Q1 2019 Earnings: Is...
Q1 2019 Earnings: Is the Party Almost Over?
What Is Direct Indexing? If It Sounds Familiar, That’s Because It Is.
We must admit, it came as a bit of a surprise to us. At the 2019 Inside ETFs conference, held in February in Hollywood, Florida, ETF.com managing director Dave Nadig and Inside ETFs chairman Matt Hougan delivered a presentation centered around “direct indexing”—explaining both what direct indexing… Source: What Is...
SPY ETF Breaks New All-Time High, Up Over 18% YTD
For exchange-traded fund (ETF) investors, the SPDR S&P 500 ETF (NYSEArca: SPY) has been a staple fund for many years. Not only is it lauded for its volume and liquidity, it’s also been a strong gainer, hitting a new all-time high at $294.78 at 11:42am ET — up over 18...