Pete is back this week with his take on the markets. During his market review, Pete talks about why the markets are soaring today on the news of the nomination of Jerome Powell for a second term as the chairman of the Federal Reserve. He then takes a deep dive into the Financial Sector (XLF) and finds some surprises in the top names. Banks are in focus as rates are expecting to rise.
After an overview of retail, Pete dives into the S&P Retail ETF (XRT). The S&P Retail ETF is an equally weighted fund, so the weighting differences in the top names might be marginal; however, in general, Pete is seeing some patterns taking shape especially in the ETF itself.
After another great week in the market last week, Pete takes a quick look at what's happening this week and what you can expect to see. He then dives into analyzing the top 7 names in WisdomTree Cloud Computing Fund (WCLD). Even though WCLD is equally weighted, some names migrate to the top, so t...
We are in the heat of earnings season and really moving into seasonality. Markets have been mixed but there is the potential for another week of gains, with value beginning to outperform. Consumer demand for things continues, but a shift towards "let's do something" from "let's buy something" is ...
