What just happened? When the Barstool bull crashed through the ETF china shop, it was both upsetting and, if we’re being honest, a little titillating. You just don’t do that in financial services, was the initial reaction to Dave Portnoy’s shenanigans. Then everyone poked fun at the newby who didn’t …
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What just happened? Of all the indignities wrought by 2020, the constant up-ending of our investing expectations deserves a mention. Just when you think you’ve got it figured out, the on-again, off-again cyclical rotation vanishes through your fingers. So it was this past week, as financial markets bounced between vaccine …
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Catch-up trade? This past week hasn’t been so much about tech under-performing as everything else trying to catch up. Real estate ETFs (like XLRE) bounced on Monday. On Tuesday, it was utilities’ turn (XLU, VPU). Home builders (XHB, ITB) continued their year-to-date winning streak Wednesday after the release of an …
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