While it is true that holding an ETF with exposure to a particular stock instead of the stock itself can certainly help to cushion the fall and minimize single stock risk, it doesn’t totally get rid of it. With that said, we would like to take a look at some of the better known stocks that having earnings announcements coming up next week, as that can certainly have an effect on the ETFs that they underlie. more »
With this past Monday's intraday high of 1,196 the S&P 500 Index moved within 2% of matching its 52-week high, which was established on April 23rd at 1,217. Six months after that peak we have actually witnessed a large number of stocks, ETFs, and other indexes either meet or exceed their April rally highs. more »