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South Korea Is Crushing The Nasdaq 100 By Widest Margin Since 2001
Benzinga81d agoneutral
South Korea Is Crushing The Nasdaq 100 By Widest Margin Since 2001

If you thought the AI trade was a U.S.-only story, the numbers say think again. South Korean equities are outpacing U.S. tech by the widest margin in 25 years. The iShares South Korea ETF (NYSE:EWY) has outperformed the Nasdaq 100 by 85 percentage points thus far this year, a divergence not seen since the year markets were clawing out of the dot-com wreckage. The fund investing in South Korean equities has returned 104.04% year-to-date through May 27, according to Benzinga ETF data. The Invesco

Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK
24/7 Wall St.81d agoneutral
Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK

There’s a tech ETF that has been almost neck-and-neck with the S&P 500 in the past year and has built up a meaningful lead over the past five years. It’s the Vanguard’s Mega Cap Growth ETF (NYSEARCA:MGK). This ETF tracks the price of the CRSP US Mega Cap Growth Index, which in turn tracks companies ... Buy, Sell, or Hold Vanguard’s Mega Cap Growth ETF Right Now | MGK

There's now more ETFs than stocks: What investors should know
Yahoo Finance Video81d agoneutralVIDEO
There's now more ETFs than stocks: What investors should know

In the latest installment of Yahoo Finance's ETF Report, Strategas Securities chief ETF and technical strategist Todd Sohn speaks with Julie Hyman about the rising volume of ETFs now outnumbering publicly traded US companies, especially as more funds gain exposure to private companies like SpaceX (SPAX.PVT) ahead of its mega-IPO.

Stocks Mixed Awaiting Fresh Iran News
Barchart81d agoneutral
Stocks Mixed Awaiting Fresh Iran News

The S&P 500 Index ($SPX ) (SPY ) today is down -0.07%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.54%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.44%. June E-mini S&P futures (ESM26 ) are down -0.07%, and June E-mini Nasdaq futures...

Short Sellers Are Betting Record Amounts Against Stocks. But the Market is Rallying On a Potential Deal Between Trump and Iran.
24/7 Wall St.81d agoneutral
Short Sellers Are Betting Record Amounts Against Stocks. But the Market is Rallying On a Potential Deal Between Trump and Iran.

Two signals are running in opposite directions on Wall Street right now, and both are flashing at maximum intensity. Hedge funds and professional traders are piling into short positions at levels not seen in more than a decade. At the same time, the S&P 500 and the NASDAQ 100 are pressing against all-time highs on ... Short Sellers Are Betting Record Amounts Against Stocks. But the Market is Rallying On a Potential Deal Between Trump and Iran.

Prediction: Elon Musk Will Become the World’s First Trillionaire on June 12th
24/7 Wall St.81d agoneutral
Prediction: Elon Musk Will Become the World’s First Trillionaire on June 12th

Here’s a prediction worth marking on the calendar: Tesla (NASDAQ:TSLA) CEO Elon Musk will become the world’s first trillionaire on June 12, the reported IPO date for SpaceX. The catalyst is easy to figure out: SpaceX’s public debut will, for the first time, place a continuously quoted market value on the largest single component of ... Prediction: Elon Musk Will Become the World’s First Trillionaire on June 12th

Valuation Alarms Are Sounding on Wall Street: 1 High-Yield Legal Monopoly Under $30 to Buy Hand Over Fist
24/7 Wall St.81d agobullish
Valuation Alarms Are Sounding on Wall Street: 1 High-Yield Legal Monopoly Under $30 to Buy Hand Over Fist

When the high-flyers of the Nasdaq 100 wobble and valuations across mega-cap tech look stretched, money tends to hunt for shelter. Stocks under $30 that throw off real cash and pay a real dividend become genuinely interesting again, especially the rare ones that operate without direct competition. Right now, one name fits that description almost ... Valuation Alarms Are Sounding on Wall Street: 1 High-Yield Legal Monopoly Under $30 to Buy Hand Over Fist

QYLD’s 12 Percent Yield Has Quietly Eroded NAV by 35 Percent Over a Decade While the Nasdaq Tripled
24/7 Wall St.81d agoneutral
QYLD’s 12 Percent Yield Has Quietly Eroded NAV by 35 Percent Over a Decade While the Nasdaq Tripled

If you bought Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD) a decade ago for the headline yield, the monthly checks have arrived on schedule. The position itself has not. QYLD currently distributes roughly 11.9% on a trailing basis and manages about $8.13 billion in assets, yet the share price has drifted lower while the ... QYLD’s 12 Percent Yield Has Quietly Eroded NAV by 35 Percent Over a Decade While the Nasdaq Tripled

XOVR Promised Pre IPO SpaceX Upside, But It Is Down 2% YTD While the S&P 500 Is Up 9%
24/7 Wall St.82d agoneutral
XOVR Promised Pre IPO SpaceX Upside, But It Is Down 2% YTD While the S&P 500 Is Up 9%

The pitch for ERShares Private-Public Crossover ETF (NYSEARCA:XOVR) is simple. You cannot buy SpaceX shares on your brokerage app, but XOVR can, and the fund packages that exposure inside a normal ticker you trade like any other ETF. XOVR now holds ~$281 million in SpaceX, which works out to about 23% of the fund. Yet ... XOVR Promised Pre IPO SpaceX Upside, But It Is Down 2% YTD While the S&P 500 Is Up 9%

Stocks Jump on US-Iran Peace Optimism
Barchart82d agobullish
Stocks Jump on US-Iran Peace Optimism

The S&P 500 Index ($SPX ) (SPY ) today is up +0.72%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.31%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.42%. June E-mini S&P futures (ESM26 ) are up +0.62%, and June E-mini Nasdaq futures...