FlowBank

1053 days ago

Expect dividends as firms bought back shares at a brisk pace in 2021

US firms have authorized $504B of share repurchases according the Goldman Sachs. That is the most we've seen during this period at any point in the last two decades. Apple said in April it authorized a $90 billion expansion of its buyback program, while Advance Auto Parts announced a 300% increase in its dividend.

#Stocks

1053 days ago

European cyclicals on an upramp--could benefit from further inflationary pressure

The Stoxx Europe 600 Index traded modestly lower, with Ryanair Holdings Plc among the gainers after the airline pointed to a strong recovery in the second half.

#Stocks #Macro

1053 days ago

Cyclical sectors are outperforming this month

Cyclical sectors like materials, industrials and consumer discretionary are performing well this month (energy too), all up more than 7% compare to a slower overall S&P 500 that saw growth smaller than 2%. Commodity prices have risen which has benefited materials in their outperformance. Materials is the second best performer after tech and could threaten to usurp first position.

#Stocks #Commodities

1054 days ago

The Bitwise Crypto Innovators ETF launched this week

Here's a look at the top holdings for $BITQ, Bitwise's Crypto Innovators ETF, which launched this week @ericbalchunas @bloomberg.

#Stocks
BITQ ETF constituents

1056 days ago

Mistaking Ethan Allen Interiors for Ethereum

In what is reminiscent of the dot com bubble, retail investors have been caught buying shares of the public company ETH, better known for making couches, than smart contracts. 

#Stocks
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