Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Simeon Hyman"


25 mentions found


Hyman: The Fed's in a good spot, and the soft landing is in hand
  + stars: | 2024-11-08 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: The Fed's in a good spot, and the soft landing is in handSimeon Hyman of ProShares discusses why small-caps are still primed for gains, even they continue to trail the broader market.
Persons: Hyman, Simeon Hyman, ProShares
(This is a wrap-up of the key money moving discussions on CNBC's "Worldwide Exchange" exclusive for Pro subscribers. Worldwide Exchange airs at 5 a.m. "The fixed income market has enough yield to bail you out if the geopolitical tensions get worse," said Hyman said on Worldwide Exchange. "Investors are not focusing on the likely U.S. response post election to replenishing defense stocks and ramping up capabilities." Worldwide Exchange Pick: Biotech Stocks Scott Ladner of Horizon Investments is seeing opportunities in the biotech sector, specifically the iShares Biotechnology ETF (IBB) and SPDR S & P Biotech (XBI) ETFs.
Persons: Simeon Hyman, Hyman, Terry Haines, Haines, Lockheed Martin, Scott Ladner, Ladner Organizations: Pro, Worldwide, Proshares Advisors, Defense, Lockheed, Raytheon, Biotech, Horizon Investments, iShares Biotechnology, P Biotech, Shipping Stocks Shipping, U.S Locations: Israel, Iran, Ukraine, South China, U.S, East, Gulf Coast
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: The U.S. economy is stronger than the rest of the world despite tensions. Simeon Hyman, Global Investment Strategist at ProShares Advisors, emphasizes "income" as the key focus, highlighting the opportunity in fixed income markets, which could provide 10-15% returns if geopolitical tensions worsen.
Persons: Hyman, Simeon Hyman Organizations: Global Investment, ProShares Advisors Locations: U.S
Thursday brought more negative news from the jobs market: unemployment insurance claims for the week ending July 27 were up by 14,000 from the previous week to 249,000. Stepping back from last week's weak data, chief investment officers and top strategists say the market is overreacting, and they're using this as a buying opportunity. Related storiesSimilarly, the manufacturing data is not as foreshadowing as it seems on the surface. "But the ISM manufacturing data can be a leading indicator of S&P earnings, particularly the new order number." "If you look at non-US stocks and you look at their valuations, they're trading at about 13 times earnings," Calcagni said.
Persons: Dow, we've, Philip Straehl, Morningstar, Goldman Sachs, Jan Hatzius, Alicia Levine, Levine, it's, what's, Morningstar's Straehl, Simeon Hyman, Hyman, Donald Calcagni's, Calcagni Organizations: Service, Nasdaq, Institute for Supply, Business, BNY, Big Tech, Mercer Advisors Locations: Americas
Hyman: Daily covered call strategies are good defensive plays
  + stars: | 2024-07-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Daily covered call strategies are good defensive playsSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses the markets in the second half of the year.
Persons: Hyman, Simeon Hyman Organizations: Global Investment, ProShares Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEarnings growth isn't justifying current valuations, says Simeon HymanSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses earnings season and investing in the tech sector.
Persons: Simeon Hyman Simeon Hyman Organizations: Global Investment, ProShares Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDividends show companies are confident in the future, says Simeon HymanSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses the Fed meeting, the markets, and the tech trade.
Persons: Simeon Hyman Simeon Hyman Organizations: Global Investment, ProShares Advisors
Bitcoin may start to lose its reputation as a volatile asset. According to Bitwise Asset Management's Matt Hougan, the cryptocurrency's wild price swings have come down substantially over the past decade. "What's driving the bitcoin market right now is a simple demand-supply imbalance," the firm's chief investment officer told CNBC's "ETF Edge" on Monday. While Bitwise is betting on bitcoin's growth, ProShares has an ETF looking to profit from losses with its Short Bitcoin Strategy ETF . Hyman's ProShares also operates a long-bitcoin ETF: ProShares Bitcoin Strategy ETF.
Persons: Matt Hougan, CNBC's, Bitcoin, Hougan, Mark Twain, Simeon Hyman, Hyman, bitcoin Organizations: CNBC
There may be a stronger case to invest in single stocks over exchange-traded funds in the weight loss space. With just two players currently at the forefront of the U.S. obesity drug market, ProShares' Simeon Hyman questions the relevance of weight loss ETFs for investors looking to buy into the industry. "If the benefits are going to incumbents, then maybe there isn't a theme per se that needs to be exploited." Strategas' Sohn also suggested that ETFs based on themes, rather than sectors or indices, might be falling out of favor with investors. So far in 2024, Novo Nordisk has gained 29% and Eli Lilly is up 30%, as of Wednesday's close.
Persons: Todd Sohn, Eli Lilly, Lilly, CNBC's, ProShares, Simeon Hyman, Sohn Organizations: Roundhill, Novo Nordisk Locations: U.S, Novo
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDon't get too worked up about how CPI impacts the Fed, says Simeon HymanSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses inflation, rates, and the markets.
Persons: Simeon Hyman Simeon Hyman Organizations: Global Investment, ProShares Advisors
And it still remains the case that bitcoin futures are regulated, and spot bitcoin is not," Simeon Hyman, head of the investment strategy group at ProShares, told CNBC. One theory for why the futures ETF has continued to have success is that there are listed options for bitcoin futures products, but not for the spot products, said Aniket Ullal, head of ETF data and analytics at CFRA. The ProShares futures ETF may also be getting helped by increased action in the futures market itself. To be sure, not all bitcoin futures products are going strong. VanEck announced Jan. 17 that it was liquidating its bitcoin futures ETF.
Persons: FactSet, Simeon Hyman, Aniket Ullal, Ullal, Hyman, it's, Tim McCourt, VanEck, Jan, BITO Organizations: CNBC, CME Group Locations: United States, bitcoin
Spot bitcoin ETF feesBitwise (BITB) 0.0% (after first six months: 0.2%)ARK Invest/21Shares (ARKB): 0.0% (after first six months: 0.21%)Invesco Galaxy Bitcoin ETF (BTCO) 0.0% (after first six months: 0.39%)iShares Bitcoin Trust (IBIT) 0.12% (after first 12 months: 0.25%)VanEck Bitcoin Trust (HODL) 0.25%Franklin Bitcoin ETF (EZBC) 0.29%Fidelity Wise Origin Bitcoin Trust (FBTC) 0% (after July 31, 2024, 0.25%)WisdomTree Bitcoin Trust (BTCW) 0.0% (after first six months 0.3%)Valkyrie Bitcoin Fund (BRRR) 0.0% (after three months 0.49%)Grayscale Bitcoin Trust (GBTC) 1.5%Hashdex Bitcoin (DEFI) 0.9%Invesco's Galaxy Bitcoin ETF has set its expense ratio at 0.0% for the initial six months and the first $5 billion in assets, and goes to 0.39% after. Source: Bloomberg/SEC.govHow will a spot bitcoin trade relative to bitcoin and bitcoin futures? One of the main questions is how well a spot bitcoin ETF will track bitcoin and bitcoin futures. Simeon Hyman, ProShares' global investment strategist who manages the largest bitcoin futures ETF, the ProShares Bitcoin Strategy ETF (BITO) that launched in October 2021, noted that bitcoin futures ETFs have tracked bitcoin "fairly well." Some are concerned that the creation and redemption process that was agreed upon to create spot bitcoin ETFs could result in a bitcoin ETF trading at a premium to its NAV.
Persons: 21Shares, iShares, VanEck, WisdomTree, Bitcoin, Simeon Hyman, ProShares Organizations: Securities and Exchange Commission, Bitcoin, Franklin Bitcoin, Galaxy, Bloomberg Locations: bitcoin
Ether made its ETF debut with the release of six different futures products on Monday. ProShares Advisors is behind three of the new ETFs: Ether Strategy ETF (EETH), Bitcoin & Ether Equal Weight Strategy ETF (BETE) and the Bitcoin & Ether Market Cap Weight Strategy ETF (BETH). The regulated futures market in an ETF is a great solution, he added. ProShares also manages the Bitcoin Strategy ETF (BITO ), which is the largest bitcoin futures ETF on the market. It follows bitcoin futures and is up more than 37% year to date.
Persons: BETH, Simeon Hyman, ProShares, CNBC's, Hyman, Todd Sohn, " Sohn Organizations: ProShares Advisors, U.S . Securities, Exchange Commission, SEC, Strategas Securities
The number of ETFs tied to cryptocurrencies is expanding dramatically in the first week of October, with a wave of funds that buy ether futures launching on Monday. "I think the long-term buyers of these products are financial professionals — financial advisors, family offices," and registered investment advisors, said Bitwise CIO Matt Hougan. The fund has slightly lagged the price of spot bitcoin since inception in 2021, when bitcoin was near an all-time high. "The thing that people wanted to find out was would a bitcoin futures ETF do its job? And in fact it has done that quite well," said Simeon Hyman, head of the investment strategy group at ProShares.
Persons: Matt Hougan, BETH, bitcoin, Simeon Hyman
Ether futures ETFs hit the market
  + stars: | 2023-10-02 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailEther futures ETFs hit the marketSimeon Hyman, head of investment strategy group at Proshares, and Bryon Lake, global head of ETF solution at JPMorgan Asset Management, join 'Halftime Report' to discuss three new ETFs coming to market today, the investor appetite for crypto ETFs, and the case for buying investment grade bond ETFs.
Persons: Simeon Hyman Organizations: JPMorgan Asset Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Small-cap stocks are the place to be because of the dividend growthSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses why he prefers small-cap stocks to the mega-caps.
Persons: Hyman, Simeon Hyman Organizations: Global Investment, ProShares Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Companies will have stable P/E multiples in Q2, resulting in increased focus on earningsSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses the upcoming earnings season and where to invest in the markets.
Persons: Hyman, Simeon Hyman Organizations: Companies, Global Investment, ProShares Advisors
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Volatility has picked up in the bond market and dropped in the equity marketSimeon Hyman, Global Investment Strategist at ProShares Advisors, discusses how he's investing in the current trading environment.
Persons: Hyman, Simeon Hyman Organizations: Global Investment, ProShares Advisors
Why bank stocks are so unstable
  + stars: | 2023-05-09 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +10 min
New York CNN —The financial sector has been churning in rough water since the shocking collapse of Silicon Valley Bank in March. Bank insiders see this and have been buying up shares of regional lenders, according to a report by Timothy Coffey, an analyst at Janney Montgomery Scott. The Oracle of Omaha said he remains cautious about holding bank stocks and that he has reduced his own exposure to the sector. The S&P 500 financial sector, however, is down more than 12% over the same period. Economists were hoping that this year would bring better news, but instead 2023 brought the collapse of three US regional banks and a subsequent lending squeeze.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Earnings expectations are now flat vs. a year ago, and that's not a bad place to beSimeon Hyman of ProShares Advisors says the performance of breakeven rates suggests this may be less about a contagion and recession and more about a credit contraction and acceleration of the reduction of inflation.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHyman: Fragile earnings are key to the markets story, as multiples are well set for 2023ProShares Advisors' Simeon Hyman dives into his forecasts for the markets.
Smucker have made the cut for the S & P 500 Dividend Aristocrats and will be added to index as of Feb. 1, S & P Dow Jones Indices announced Tuesday. Nordson, which joined the S & P 500 last year, has actually had 42 straight years of dividend raises, according to S & P Dow Jones Indices data. NOBL 5Y mountain The NOBL fund has a solid long-term track record and outperformed during 2022's bear market. All three have outperformed the S & P 500 over the past 12 months. ProShares also offers an S & P Technology Dividend Aristocrats ETF (TDV) , which lowers the bar to seven straight years of dividend hikes.
BlockFi has become the latest victim caught up in the crypto market's contagion. Crypto platforms that are managing and holding client deposits really need to be run with the same rigor and transparency as traditional financial institutions, he noted. A traditional exchange just executes transactions and matches the buyers and sellers, he added. In some instances, crypto platforms that mimic broker activity in exchange for providing their customers yield must fully disclose their practices. Hyman says another option for investors is to gain exposure to crypto through the heavily regulated futures market.
Known as leveraged ETFs, ProShares Advisors' Simeon Hyman embraces them — running his firm's UltraPro QQQ and UltraPro Short QQQ funds. Its UltraPro Short QQQ ETF is up over 54% so far this year. But its UltraPro QQQ ETF is off almost 74% in the same period. Hyman believes leveraged ETFs are valuable to the marketplace despite the potential for vastly different performance outcomes. Deborah Fuhr, founder of independent research firm ETFGI, suggests FINRA should take a closer look at leveraged ETFs.
Finding bright spots in the bitcoin bear market
  + stars: | 2022-11-16 | by ( Kevin Schmidt | ) www.cnbc.com   time to read: +4 min
Despite a tumultuous year for cryptocurrencies and their trading platforms, there remains a bright spot in the space: bitcoin futures ETFs. The ProShares Bitcoin Strategy ETF (BITO) hit a trading record on Nov. 8, surpassing its previous record by 64%. And volume for ProShares Short Bitcoin Strategy ETF (BITI) also on Nov. 8 spiked 366% higher than any day since its launch, according to ProShares. Hyman said the lack of segregation among bitcoin exchanges underlines the need for maturation. "You hold enough cash, such that the return should be approximately spot bitcoin.
Total: 25