Category Archives: $SPY

Tech Stocks Lead US Sectors For 1-Year Momentum

Posted on in $SPY, Finance News, SR, VNQ, VOX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY | 0 comments

Technology shares have overtaken financial stocks as the top sector performer for the trailing one-year period, based on a set of ETFs. The formerly high-flying financials have been clobbered recently, in part due to worries that falling bond yields and the blowback due to hurricanes striking the US will take a bite out of earnings […]

Modeling Expected Drawdown Risk

Posted on in $SPY, Finance News, MDD | 0 comments

There are no silver bullets for profiling risk, but drawdown’s properties arguably give this metric a leg up over most of the competition. The combination of an intuitive framework, simplicity, and sharp focus on how markets actually behave is a tough act to beat. Perhaps the strongest argument in favor of drawdown can be summed […]

Financials & Tech Continue To Lead US Sectors For 1-Year Return

Posted on in $SPY, Finance News, VOX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY | 0 comments

Financial and technology stocks remain the top sector performers for the trailing one-year period, based on a set of ETFs. The bullish momentum has cooled in recent weeks for these equities, but the same is true for the market generally, leaving the two sectors comfortably in the lead vs. the rest of the field. Echoing […]

Financials Continue To Lead US Equity Sectors For 1-Year Return

Posted on in $SPY, Finance News, VOX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY | 0 comments

The trend remains your friend if financials have been overweighted in your portfolio. Measured by one-year performance, this sector is red hot in absolute and relative terms, based on a set of proxy ETFs. Tech is a close second for one-year sector returns. Goldman Sachs forecasts that the pair will hold on to their leadership […]

Testing Equity Factor Allocation Strategies With Random Portfolios

Posted on in $SPY, Finance News, IJJ, IJS, IVE, MTUM, QUAL, RSP, USMV, VYM | 0 comments

Designing and managing asset allocation strategies based on factors is promoted in some corners as a better way to build portfolios. Not surprisingly, there’s no shortage of studies that support this view. But the jury’s still out on whether it’s prudent to throw out the standard asset-class buckets. Factor-based investing can play a productive role […]

Low-Volatility Stocks Are Having A Rough Summer

Posted on in $SPY, Finance News, USMV | 0 comments

Stocks that exhibit low volatility are prized as a risk factor that’s expected to beat the broad market over time with a smoother rise, according to academic research and countless backtests. Real-world returns, however, reflect mixed results in recent years, based on representative ETFs. Meanwhile, some analysts have been warning in recent months that low-vol […]

Financials Accelerate To Top Sector Performer For 1-Year Return

Posted on in $SPY, Finance News, VOX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY | 0 comments

Thanks to this month’s rally in financial shares this corner of the US equity market has become the top-performing sector for the trailing one-year period, based on a set of proxy ETFs as of June 28. Meanwhile, the tech sector, the second-best performer over the past 12 months, has stumbled in recent weeks, opening the […]

Is Bitcoin A New Asset Class?

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The astonishing bull market (bubble?) in Bitcoin has drawn attention to the cryptocurrency from all corners. One of the questions that’s reasonating: Should Bitcoin be treated as an asset class, on par with stocks, bonds, real estate and commodities? A Forbes article last year, citing a study by ARK Investment Management, offered “4 Reasons Why […]

Tech Sector’s One-Year Momentum Takes Lead From Financials

Posted on in $SPY, Finance News, VOX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY | 0 comments

Technology shares have taken the lead over stumbling financials in the one-year-return column, based on a set of proxy ETFs as of yesterday (May 3, 2017). Although financials are still sitting on a solid one-year gain, tech’s annual rise has moved decisively into first place among the major US equity sectors in recent days. The […]

Tech Sector’s One-Year Momentum Takes Lead From Financials

Posted on in $SPY, Finance News, VOX, XLB, XLE, XLF, XLI, XLK, XLP, XLU, XLV, XLY | 0 comments

Technology shares have taken the lead over stumbling financials in the one-year-return column, based on a set of proxy ETFs as of yesterday (May 3, 2017). Although financials are still sitting on a solid one-year gain, tech’s annual rise has moved decisively into first place among the major US equity sectors in recent days. The […]