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Two Blockchain ETFs Go Live for The First Time

2018-01-17 zacks
The excitement surrounding the blockchain technology comes with the astronomical surge in bitcoin price, which soared above $19,000 last month. The blockchain is a decentralized public ledger, which offers a secure, faster and cheaper medium of carrying out online transaction and transfer of information without the need of third-party verification. Now, investors could easily capitalize on this fast-growing technology with the two blockchain ETFs that go live today. (189-0)

Bitcoin: 'Red Tape', ETF Filings & Withdrawal Explained

2018-01-10 zacks
The last few hours were very crucial in bitcoin investing as four likely issuers removed requests from the U.S. Securities and Exchange Commission for approval to list their exchange-traded funds based on the largest cryptocurrency. Direxion Shares ETF Trust indicated that the SEC “expressed concerns regarding the liquidity and valuation of the underlying instruments” that its proposed funds would invest in (read: Bitcoin ETFs: What Lies Ahead in 2018?). (8-0)

5 ETF Ways to Tap Hot Semiconductor Stocks

2018-01-09 zacks
The semiconductor corner of the broad technology market continued its winning streak with the start of the New Year. This is especially true as the S&P Semiconductor Select Industry Index climbed 6.8% in the first few days of 2018 trading compared with gains of 4.6% for the S&P 500 Information Technology S&P 500 index and 2.8% for the S&P 500 Index (read: S&P 500 Tops 2,700: ETFs & Stocks Outperforming to Start 2018). (113-0)

S&P 500 Tops 2,700: ETFs & Stocks Outperforming to Start 2018

2018-01-04 zacks
The U.S. stock market witnessed a strong start to 2018 given that last year’s bullishness remained intact. The S&P 500 index topped 2,700 for the first time led by technology stocks. Investors are bargain hunting tech stocks after the recent sell-off given the high potential of growth in the sector. In particular, chipmakers are driving most of the rally in the New Year with the Philadelphia Semiconductor index surging 1. (1191-0)

5 ETFs for January

2018-01-03 zacks
The broader market kicked off 2018 on a positive note. And why not? Traditionally, January brings with it seasonal tailwinds for the equity world. A consensus carried out from 1950 to 2017 shows that January ended up offering positive stock returns in 40 years and negative returns in 28 years, per, with an average positive return of 0.80%.

4 Top Semiconductor Stocks to Boost Your Portfolio in 2018

2018-01-03 zacks
The semiconductor was among the best performing industries in 2017, with IShares PHLX Semiconductor ETF (SOXX - Free Report) gaining 38.4%, outperforming the S&P 500 and Technology Select Sector SPDR Fund (XLK - Free Report) returns of 18.4% and 32.2%, respectively. This impressive rally was mainly driven by escalating demand for chips used in cloud-based platforms, Artificial Intelligence (AI) tools, Augmented/Virtual (AR/VR) reality devices, autonomous cars, advanced driver assisted systems (ADAS), as well as Internet of Things (IoT) related software and hardware. (74-0)

Which Semiconductor Stock Will be the Micron (MU) of 2018?

2017-12-27 zacks
The semiconductor industry has been one of the outperformers of 2017. Notably, the iShares PHLX Semiconductor ETF (SOXX - Free Report) , which represents semiconductor stocks, has witnessed a year-to-date (YTD) gain of approximately 38.9%, while the Technology Select Sector SPDR ETF (XLK - Free Report) , which represents the overall technology sector, has returned 32.6% during the same time period. (189-0)

Putting Up the Tree with Top ETFs of 2017

2017-12-22 zacks
Christmas isn’t Christmas without a verdant tree. While the evergreen never fails to bring in cheer to the most lonesome of hearts, we decided to do something very different this year – build a tree with the choicest of ETFs this season. A Christmas Tree of ETFs Let’s build the base first, which is the most valuable of all for investors, and of course where all the gifts are to be found. And nothing’s more fitting than SPDR Dow Jones Industrial Average ETF DIA, which tracks the Dow Jones Industrial Average, to give a solid foundation to our tree. (2-0)

November Retail Sales Steady: 3 ETF & Stock Picks

2017-12-18 zacks
The U.S. retail sector is in a great shape. Sales increased 0.8% sequentially in November 2017, after an upwardly revised 0.5% rise in October and breezed past market expectations of a 0.3% rise. On a year-over-year basis, retail sales rose 5.8% following 4.9% gains recorded in October. (11-0)

Bitcoin ETFs: What Lies Ahead in 2018?

2017-12-18 zacks
It seems that cryptocurrency bitcoin doesn’t know where to stop. Its record run in the last one year corroborates this statement. It hit several all-time highs this year, despite caution by several central banks. As far as regulatory success is concerned, the first futures contract on Chicago Board Options Exchange (CBOE) was launched on Dec 10, and resulted in re-filings of futures-based bitcoin ETFs. (8-0)

It’s Still Good News for Micron Technology, Inc.

2017-12-13 investorplace
Micron Technology, Inc. (NASDAQ:MU) has had a tough couple of weeks. The MU stock price almost touched $50 for the first time in 17 years, reaching $49.89 on November 22. Seven trading sessions later, MU stock closed below $40. All told, MU dropped 20% — even though Micron Technology news was minimal, at best. (853-5)

Buy Biotech ETF IBB And Trim Semiconductor Stocks

2017-12-06 seekingalpha
The iShares Nasdaq Biotechnology ETF (NASDAQ:IBB), which tracks the Nasdaq Biotechnology Index (NASDAQ:NBI), has been in and out of bear market territory, defined as a drop of 20% or more from its peak, since September 2015 when then-Presidential candidate Hillary Clinton sent out a tweet about "outrageous" price gouging by Martin Shkreli, former-CEO of Turing Pharmaceuticals. In fact, IBB was in a deep bear market for almost the entirety of 2016 because the hot issue of high prescription drug prices was an attention-getting campaign topic. (154-1)

The Zacks Analyst Blog Highlights: Technology Select Sector SPDR, Advanced Micro Devices, NVIDIA, Micron Technology and iShares PHLX Semiconductor

2017-12-06 zacks
Chicago, IL – December 6, 2017 – announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Technology Select Sector SPDR ETF (XLK - Free Report) , Advanced Micro Devices (AMD - Free Report) , NVIDIA Corp. (NVDA - Free Report) , Micron Technology, Inc. (900-0)

Is the Super Cycle for Semiconductor Stocks Nearing Its End?

2017-12-06 zacks
The marvelous run of the semiconductor stocks that started in the second half of 2016 seems to be fading with one bad news after another. The industry, which is still reeling under the effect of Morgan Stanley’s Nov 27 report on NAND prices, received a new blow last Friday in the form of a corporate tax rate cut, which, analysts believe will hurt the entire technology sector. The House and Senate, on Dec 1, approved the government’s proposal of cutting the corporate tax rate to 20% from the current 35%. (863-0)

How Cheap Does Intel Corporation Stock Need to Get Before It's Attractive? | InvestorPlace

2017-12-04 investorplace
After rough start to the year, Intel Corporation (NASDAQ:INTC) shares have finally got their groove back. Currently sitting just slightly below multi-year highs, and INTC stock now shows a not-too-shabby 22.7% YTD gain. In any other year, a 20%-plus gain would be considered spectacular. But right now it appears pretty pedestrian. (191-0)

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