At the moment, the Consumer Staples Sector may be the worst place to shop for a top Zacks Rank industry. Why? Overvaluation! Because the S&P 500 Consumer Staples sector has a forward 12-month P/E ratio of 19.76, while the high profit margin, cash-flow-rich Info Tech sector has a 19.10. No sector is more richly priced.… Read More »
(RTTNews.com) – The Swiss stock market ended Thursday’s session with a modest gain, thanks in large part to the positive performance of the index heavyweights. The market got off to a weak start Thursday, but quickly climbed into positive territory before settling into a sideways trend. The market took out the session highs… Read More »
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel , one standout is the First Trust Materials AlphaDEX Fund (Symbol: FXZ) where we have detected an approximate $ 31.3 million dollar outflow — that’s a 9.3% decrease week over week (from 9,150,002 to 8,300,002). Among the largest underlying… Read More »