- (1:00) - Breaking Down Current Stock Market Performance
- (7:30) - Inflation Concerns: Can We Expect Strong Economic Growth To Continue?
- (14:20) - ETFs To Keep On Your Radar: How Should Investors Position Their Portfolios?
- (19:45) - Are Meme Stocks Here To Stay?
In this episode of ETF Spotlight, I speak with Matthew Bartolini, Head of SPDR Americas Research at State Street Global Advisors. We discuss the market outlook and best strategies for the second half of 2021.
Major stock indexes continue to march higher in 2021. The SPDR S&P 500 ETF SPY has gained 15% while the SPDR Dow Jones Industrial Average ETF DIA and the Invesco Nasdaq 100 ETF QQQ are up 13% each so far this year.
With increased COVID-19 vaccination rates, massive fiscal stimulus programs and accommodative monetary policies, the economy and earnings grew strongly in the first quarter, and the second quarter numbers are also expected to be very impressive.
Economically sensitive cyclical stocks had a very strong run this year. Energy remains the top performer among all sectors, up more than 43% year-to-date, but tech has regained leadership over the past few weeks. Some cyclical sectors like financials and industrials had negative returns over the past month and Matt sees this an opportunity to add exposure to them.
State Street expects value stocks, banks, miners, retailers, and homebuilders to continue to benefit from the reopening rally. The SPDR Portfolio S&P 500 Value ETF SPYV,the SPDR S&P Bank ETF KBE and the SPDR S&P Metals and Mining ETF XME are worth a look.
The pandemic has changed the way we live, work, and play, and some of these changes will be permanent. The SPDR S&P Kensho New Economies Composite ETF KOMP provides exposure to many innovative companies disrupting traditional industries by leveraging advancements in artificial intelligence, robotics, and automation.
Tune in to the podcast to learn more. Make sure to be on the lookout for the next edition of the ETF Spotlight! If you have any comments or questions, please email firstname.lastname@example.org.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week. Get it free >>
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.
Find us at the office
Blotner- Kwas street no. 55, 39246 Canberra, Australia
Give us a ring
+78 715 483 676
Mon - Fri, 10:00-22:00