Monday , 16 September 2024

Investing

What Does E*TRADE’s Sector Data Tell Us About Potential Sector Returns for 2024

2024-09-08 Sector Rotation

E*TRADE's Monthly Sector Rotation report highlights investor movement across S&P 500 sectors. In August, Consumer Discretionary, Information Technology, and Consumer Staples saw positive inflows, while Communication Services, Health Care, and Financials faced outflows. Despite concerns about a tech sector rotation, IT continued its strength, driven by stocks like Apple (NASDAQ: AAPL) and Microsoft (NASDAQ: MSFT). Meanwhile, Real Estate declined sharply amid rising interest rates and economic uncertainty. Historical trends suggest that top-performing sectors, like tech in 2023, often lose momentum the following year. This dynamic could impact sector performance in 2024.

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$10,000 Gold May Be Too Conservative A Target

$10,000 may be too conservative of a price target for gold up ahead with a lot of pain before we get there, both in commodities and the broad market. A deflationary bust is coming that will wipe out most asset categories, before stagflation takes hold, the Fed intervenes, and commodities skyrocket to previously unimaginable levels.

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Take A Look: We’ve Got the AI Sector Covered!

There are hundreds of AI-related stocks trading on various exchanges around the world and that number has been reduced to 31 pure-play stocks trading on Canadian or American exchanges in 7 categories and put into portfolios which are tracked on a weekly basis. What follows is a summary of these 7 portfolios' performances this week.

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Five-Year Performance Review of Gold and Gold-Related ETFs Amid Market Volatility

Over the past five years, gold and gold-related ETFs have experienced significant fluctuations due to economic events, changing interest rates, and shifting market sentiment. This article reviews the performance of gold, the SPDR Gold Trust (GLD), VanEck Gold Miners ETF (GDX), and VanEck Junior Gold Miners ETF (GDXJ). Gold rose by over 60%, while GLD closely mirrored this increase. In contrast, GDX and GDXJ significantly underperformed, with GDX up only 30% and GDXJ up just 12%. This analysis highlights the varying risks and returns associated with different gold-related investments.

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Can Silver Get You Through a Stock Market Crisis

On Monday, major U.S. stock indexes experienced their most significant decline since 2022. The S&P 500 fell by approximately 3%, while the NASDAQ dropped over 6%. As investors navigate through the current financial turbulence, attention is increasingly turning towards assets that can provide stability amidst uncertainty. Silver, historically known as a safe haven during economic downturns, is garnering interest due to its potential to hedge against market volatility.

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Here’s What Happened To the Markets in the Past Few Days

On Monday morning, investors woke up to plunging stock markets with media headlines suggesting that the sell-off was due to fears of a recession, slowing employment growth, and fears over Israel and Iran, but those were not the primary reason why. In fact, it was the forced unwinding of the “Yen Carry Trade.” Let me explain.

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What Is A “Meme” Stock?

The word "meme" comes from the ancient Greek word "mimema" - meaning imitation - and is used to describe information that is imitated and often spread via pop culture references on social media.

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Global Mining Giants Poised to Benefit from Rising Silver Prices

This article investigates how global mining companies, traditionally known for other metals, are strategically positioned to capitalize on rising silver prices. It highlights the significant yet often overlooked role these firms play in the silver industry, beyond their primary metal focus. We examine key players like Fresnillo, KGHM, and Southern Copper, revealing their contributions to the silver market.

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