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Trading Ideas

Of ETFs and Oddballs

Exchange-traded funds (ETFs) are one of the fastest-growing investment opportunities out there today. If current trends continue, they’ll even overtake mutual funds in terms of market share and assets under management.

As of 2017, there were more than 2,000 U.S.-based ETFs and more than 4,000 globally.

In any group that large, there are bound to be a few oddballs. There’s an ETF related to gambling, one dealing with livestock and even a MAGA ETF that invests in companies that back Republicans.

As you can see, ETFs aren’t your dad’s fund investments. They’re more personalized, diverse and flexible than mutual funds.

I’ve found two to …read more […]

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Business News

California regulator opens case against PG&E for falsifying pipeline safety records

The California Public Utilities Commission has opened a proceeding to consider penalties against Pacific Gas and Electric Company, ordering immediate action against the utility for falsifying safety documents for natural gas pipelines, the regulator said in a statement on Friday.

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Business News

Exclusive: T-Mobile, Sprint see Huawei shun clinching U.S. deal – sources

T-Mobile US Inc and Sprint Corp believe their foreign owners’ offer to stop using Huawei Technologies equipment will help with the United States clearing their $26 billion merger deal, sources said, underscoring the lengths to which Washington has gone to shut out the Chinese company.

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Wall St. tumbles on global growth worries, J&J decline

Wall Street’s three major indexes tumbled on Friday and the Dow confirmed a correction as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson shares were the biggest drag after Reuters reported the company knew for decades that its Baby Powder contained asbestos.

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Business News

Wall St. tumbles on global economic worries; J&J drags S&P, Dow

Wall Street’s three major indexes slumped on Friday as weak data from China and Europe stoked fears of a global economic slowdown, while Johnson & Johnson was a major drag on the S&P 500 and Dow after Reuters reported the company had known knew for decades that asbestos lurked in its Baby Powder.

…read more […]