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[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
How Goldman Sachs ETF Accelerator works
  + stars: | 2024-03-28 | 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 EmailHow Goldman Sachs ETF Accelerator worksSteve Sachs, Goldman Sachs global COO, joins CNBC's Bob Pisani to discuss how Goldman Sachs is redefining "active" investing.
Persons: Goldman Sachs, Steve Sachs, Bob Pisani
What do Reddit , Trump Media & Technology Group and GameStop all have in common? Trump Media made its market debut on Tuesday under the ticker DJT, following its merger with shell company Digital World Acquisition Corp. Reddit, which is not in the S & P 500, also has a market cap of about $9 billion Market capitalization Trump Media & Technology $9.4 b. Reddit $9.2 b. Caesars Entertainment $9.4 b. American Airlines $10 b. Mosaic $10.3 b. This is rather remarkable, considering Trump Media had revenues of roughly $3.3 million. What meme stocks have in common What Trump Media, GameStop and Reddit have in common is a high retail base.
Persons: Reddit, Michael Pachter, Pachter, Arch Crawford Organizations: Trump Media & Technology Group, GameStop, Trump Media, Corp, Caesars Entertainment, American Airlines and, Technology, American Airlines, The New York Times, Trump Media & Technology, JPMorgan, East India Company, Microsoft Locations: Moluccas, Indonesia
Hedging when "momentum... begets more momentum"
  + stars: | 2024-03-28 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHedging when "momentum... begets more momentum"We are ending the first quarter with the S&P up around 10% and up around 25% in the last 5 months. But that's with concentration increasing commensurately. How to hedge now.
The S & P 500 is closing out the first quarter on an epic win streak: The index is up 10% year to date and an amazing 25% in the past five months. Select S & P 500 sectors YTD Communication Services up 15% Technology up 12% Energy up 11% Financials up 11% Industrials up 10% Health Care up 8% The only sector down this quarter is real estate, off by 3% in the period. About 70% of the S & P 500 is in the green this year. The S & P 500 advance/decline has been on a tear since the middle of January, with far more stocks advancing on a daily basis than declining. "We saw persistent strength with the S & P 500 up every month from November through February, and this has nearly always been followed by more months of strength," he said.
Persons: Todd Sohn, Strategas, It's, Russell, Ned Davis, Davis, Alec Young Organizations: Communication Services, Technology, Energy, Care
Buybacks near record levels: Here's what you need to know
  + stars: | 2024-03-26 | 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 EmailBuybacks near record levels: Here's what you need to knowBrian Reynolds, Reynolds Strategy chief market strategist, joins 'The Exchange' with CNBC's Bob Pisani to discuss why buybacks are near record levels, the impact of buybacks on markets short- and long-term, and more.
Persons: Brian Reynolds, Bob Pisani Organizations: Reynolds Strategy
The Bahamas has more than 700 islands and cays; remote workers and students can live on 16 of them, including Eleuthera (shown here). "I hear she's staying right up the street," a woman sitting alone at the bar told us. With a population of only 1,800, Harbour Island and its one and only town, Dunmore Town, makes Saint Barts (population 11,000) look like midtown Manhattan. The woman herself, she explained, had moved to Eleuthera, a 10-minute water taxi ride away, where the hoi polloi rarely come, apparently. All of which begs the question: Why on earth would anyone, let alone Taylor Swift and a bunch of billionaires, come to this tiny speck?
Persons: Taylor Swift, Travis Kelce, speck, bemusement, Barts, she's, eyeing, Saint Locations: Bahamas, Dunmore Town, Manhattan, Eleuthera
[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
AI investing maturing beyond "picks & shovels"
  + stars: | 2024-03-18 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
While many investors are arguing whether AI hype is overdone or just begun... a small but growing number are wondering if it's simply entering a new, more mature phase.
Persons: it's
[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
ETF Edge: How spot bitcoin ETF landscape is shaping up
  + stars: | 2024-03-11 | 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 EmailETF Edge: How spot bitcoin ETF landscape is shaping upMatt Hougan, Bitwise Asset Management CIO, joins CNBC's Bob Pisani on the 'Halftime Report' to discuss spot bitcoin ETF adoption and the new flow of interest into the space.
Persons: Matt Hougan, Bob Pisani Organizations: Bitwise, Management
President Biden wants to increase the taxes on those buybacks. Corporations prefer stock buybacks Corporate America has wide latitude on what it does with the cash flow it generates. Excess cash will typically fall into three buckets: buybacks, dividends and capital expenditures. Capital expenditures $597 b. "However, if economic growth momentum instead continues to build, investors may begin to increasingly reward companies that are investing for growth," Goldman said.
Persons: Biden, Goldman Sachs Jeffrey Yale Rubin, Goldman Sachs, Goldman, Tesla, Meta, Biden's, Howard Silverblatt, Silverblatt Organizations: America, buybacks, Birinyi, P Global Locations: buybacks, America
The U.S. Securities and Exchange Commission on Wednesday voted to adopt new rules that will require most publicly traded companies to disclose climate-related risks in their registration statements and annual reports. The rule proposal was first made in March 2022, but the SEC extended the public comment period several times. He noted the SEC has continuously updated its disclosure requirements over the years, including those related to environmental risks. SEC staff members have noted that nearly 40% of publicly traded companies already disclose information about climate-related risk in their annual reports, but there is no common reporting framework. The final rules would require companies to disclose the following:
Persons: Gary Gensler, Hester Peirce Organizations: . Securities, Exchange, Financial, Capitol, Washington , D.C, U.S . Securities, Exchange Commission, SEC, Republican SEC Locations: Washington ,
Despite the odds, active managers turned in a better-than-expected performance in 2023, according to a report out today by S & P Global. The bad news: the long-term performance of active managers remained dismal. The majority (60%) of large-cap fund managers underperformed the S & P 500 in 2023, according to S & P Global. While that may not seem like an impressive performance, it is slightly better than the historic average of 64% that underperform the S & P 500. Surprising, because 2023 was a tough year for active managers.
Persons: Dow, Anu Ganti, Dow Jones, Ganti Organizations: P, Dow Jones, U.S, Dow Jones Indices Locations: U.S
[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
ETF Edge: Is ESG still relevant?
  + stars: | 2024-03-04 | 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 EmailETF Edge: Is ESG still relevant? Arne Noack, manager of the Xtrackers S&P 500 ESG ETF and DWS Head of Systemic Investment Solutions for the Americas, joins CNBC's Bob Pisani on 'ETF Edge' to discuss the evolving world of climate and ESG ETFs and more.
Persons: Arne Noack, Bob Pisani Organizations: Systemic Investment Solutions
The Scope 3 disclosure requirements have drawn strong criticism from many corporations, who claim the regulations are too burdensome. The climate disclosure rule was first proposed in March 2022. Since Congress has not passed major climate legislation for years, opponents of the SEC's climate rule will likely sue the SEC and cite West Virginia v. EPA, again arguing that Congress has not granted specific authority for the SEC to act on climate change. The disclosures required from the proposed SEC rule may shuffle the deck on companies that are considered "green" or "not so green." Arne Noack, manager of the Xtrackers S&P 500 ESG ETF and DWS Head of Systemic Investment Solutions for the Americas, will be the guest on ETF Edge at 1:10 p.m.
Persons: Gary Gensler, Gensler, overreach, Joe Biden, Kathleen McLaughlin, Arne Noack, Noack, Todd Sohn, He'll, Dave Nadig Organizations: SEC, U.S ., Banking, Housing, Urban Affairs, Capitol, Washington , D.C, The Institute, New York University School of Law, Environmental Defense Fund, Reuters, Securities, Exchange, Walmart, APA, EPA, Act, America, Corporate, Equity, Systemic Investment Solutions, Edge Locations: Washington ,, America, West Virginia, Virginia, ESG, Americas, ETFedge.cnbc.com
The S & P 500 is ending February with a gain of almost 5%. S & P 500: Four big months November: up 8.9% December: up 4.4% January: up 1.6% February: up 4.6% The November gain of 8.9% was one of the 20 best monthly performances in history. The S & P has advanced about 5% since passing the old January 2022 historic high, which it crossed on Jan. 19, this year. Put another way: the S & P has recovered all the bear market losses from the old high in January 2022 to the bear market bottom in October 2022, and added another 5%. "Yet it also offers encouragement that no post-recovery selloff saw the start of a new bear market before rebounding and proceeding onto additional new highs."
Persons: Steve Starker, Todd Sohn, Eli Lilly, Nicholas Colas, Sam Stovall Organizations: Nvidia, P, Technology, Services, Care, Broadcom, Communication Services, Meta, Health Care, Merck, Depot, Costco, JPMorgan, Mastercard, Berkshire Hathaway, Research Locations: BTIG
[The stream is slated to start at 1:00 PM ET. Please refresh the page if you do not see a player above at that time.] CNBC's ETF Edge is dedicated to the fastest-growing trend in investing right now: ETFs. Every Monday, Bob Pisani will be joined by a panel of top market participants to offer educational and actionable advice to help you build your best portfolio.
Persons: Bob Pisani Organizations: Edge
Defining "quality" with Astoria Advisors' founder
  + stars: | 2024-02-28 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
"Quality" can seem amorphic... but it does have definable characteristics. But after "quality" you should also consider other "weighty" ideas.
Uber is going into the Dow Transports on Monday, marking the first change to the index since Dec. 7, 2021, when Old Dominion replaced Kansas City Southern. Under Dow Theory, the Transports should confirm a new high in the Dow Industrials. Uber is a funny add because unlike many of the other index components, it's not really a shipping company. The add likely reflects the Dow Transports index committee's belief that this is a transportation company, even if it just shuttles people instead of packages. This follows a well-known pattern called the S & P inclusion effect.
Persons: Avis, Uber, Stocks, underperform Organizations: Dow Transports, Old Dominion, Kansas City Southern, Dow, Dow Jones Transport, Dow Theory, Transports, it's, Uber, Federal Reserve Bank of New, Union Pacific, CSX, Kirby Locations: Federal Reserve Bank of New York, Matson, Old Dominion
The World(MSCI All Country World Index weighting)Entire U.S. stock market: 63%Japan, UK, Canada, France, Hong Kong/China combined: 17.5%Magnificent 7: 17%Source: Dimensional FundsThat seems crazy, no? For example, in the mid-1960s the concentration of the top 10 was over 40% of the S&P 500. Investors who own the S&P 500 don't have to pick those winners; they just go along for the ride. Second, U.S. stocks are global market leaders, and when a small group becomes market leaders it almost always means the U.S. stock market outperforms the world. The U.S. stock market, which was roughly 40% of the global market capitalization a short while ago, is now roughly 50% of global market capitalization.
Persons: Gregory Rowe, Berkshire Hathaway, Lilly, It's, Organizations: New York Stock Exchange, Berkshire, Broadcom, Nvidia, Eck Semiconductor, Dimensional Fund Advisors, FS Investments, IBM, American Express, General Electric, Polaroid, Xerox, U.S, Baidu, SAP, Siemens, United, Shell, AstraZeneca, HSBC Locations: New York City, Miami Beach, Japan, UK, Canada, France, Hong Kong, China, U.S, Germany, United Kingdom
S&P 500 and Dow Jones close at record highs
  + stars: | 2024-02-22 | 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 EmailS&P 500 and Dow Jones close at record highsSameer Samana, Wells Fargo senior global market strategist, and CNBC's Bob Pisani joins 'Closing Bell Overtime' to talk the day's market action.
Persons: Dow Jones, Sameer Samana, Bob Pisani Locations: Wells Fargo
Japan's Nikkei 225 index , a price-weighted index of 225 Japanese stocks, has also hit an historic high. A few months before that, on December 29, 1989, Japan's Nikkei 225 Index hit an historic high that stood until this week. That's about the amount the U.S. stock market dropped at the start of the Great Depression, from 1929 to 1932. .N225 5Y mountain Nikkei 225 Index in past five years. The Japanese stock market took 20 years.
Persons: it's, Japan's, Minoru Isutani, Arnold Palmer, Richard Ferris, Peter Ueberroth, Clint Eastwood, Nori, Bart Wakabayashi Organizations: Nikkei, CNBC, Japan's Nikkei, Mitsubishi, Rockefeller Center, Lone Cypress Company, Sumitomo Bank, Taiheiyo, Lone Cypress, Toyota, Honda, Sony, Hitachi, Nintendo, Sumitomo Mitsui, Japan Hedged Equity, Dow Jones, Tokyo Stock Exchange, Retailing, Softbank, Vision Fund, Foreign, Bank of Japan, White Oak Capital, Reuters Locations: Tokyo, New York, Japanese, California, Japan, U.S, Singapore
ETF Edge, February 21, 2024
  + stars: | 2024-02-21 | by ( Bob Pisani | ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailETF Edge, February 21, 2024David Botset, Schwab Asset Management head of innovation and stewardship, and Nate Geraci, The ETF Store president, join CNBC's Bob Pisani on 'ETF Edge' to discuss the risk of high tech concentration, spot bitcoin trading, the growing investor appetite for intermediate-term Treasury bonds and more.
Persons: David Botset, Nate Geraci, Bob Pisani Organizations: Schwab Asset Management
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