Source: Seeking Alpha
Technology Select Sector SPDR ETF (NYSEARCA:XLK) – $0.2465. 30-Day SEC Yield of 0.95% as of Sept. 18. Payable Sep 24; for shareholders of record Sep 22; ex
Stock Market Today: Wild Friday Features More Woes for Tech
Source: Kiplinger Washington Editors
Friday was expected to be an active day for stocks, and, on that front, it didn’t disappoint. Today was a “quadruple witching” day, in which index futures, index options, stock options and individual-stock futures all expire at once, which sometimes leads to heavy volume and erratic moves in parts or all of the market. In this case, the major indices flipped from early gains to deep losses, then recovered somewhat before closing in the red. The Dow Jones Industrial Average finished 0.9% lower to 27,657. SEE MORE 20 Best Stocks to Buy for the New Bull Market Friday continued a brutal stretch for tech. The S&P 500’s technology sector, as measured by the Technology Select Sector SPDR Fund ( XLK , -1.7%), has declined 9.5% since the start of September. Apple ( AAPL , -3.2%) has declined 17% this month, Amazon.com ( AMZN , -1.8%) is off 14.4% and Microsoft ( MSFT , -1.2%) is off 9.8%. Other action in the stock market today: The Nasdaq Composite dropped 1.1% to 10,793, putting it down 8.3% for September.
Comparing Technology Juggernaut ETFs: QQQ Vs XLK (NASDAQ:QQQ)
Source: Seeking Alpha
The Invesco QQQ Trust ETF tracks a Nasdaq 100 index. The Technology Select Sector SPDR Fund tracks an index of S&P500 technology stocks.
Is the Technology Select Sector SPDR Fund the Best Way to Invest in Tech?
Source: InvestorPlace
There’s certainly a case to be made in favor of the XLK ETF as an entryway into the world of tech stocks, but there may be a better option.
A Technology ETF Giant Was Quietly Supplanted
Source: ETF Trends
The Vanguard Information Technology ETF (VGT) has quietly become the largest technology sector-specific exchange traded fund, toppling long-time stalwart Technology Select Sector SPDR Fund (XLK). The Vanguard Information Technology ETF currently holds about $33.8 billion in assets under management, compared to the $32.7 billion in the Technology Select Sector SPDR Fund. VGT may have overthrown […] The post A Technology ETF Giant Was Quietly Supplanted appeared first on ETF Trends .
There’s No Room for Hope in the Market
Your trading decisions should be based on research and an informed assumption. If you find yourself relying on hope, then you probably haven't made a good decision. In episode 11, Brandon and Christine will be discussing why you should keep hope out of your trading. Show Notes All the indices …
Continue Reading about There’s No Room for Hope in the Market →
Tech just had its best quarter since 1999. Traders look to one group for signs of what’s next
Source: CNBC
With the Technology Select Sector SPDR Fund (XLK) closing out its second-best quarter on record, two traders discuss what investors should be watching now.
The House Always Wins
In this episode, Brandon and Christine review this week in the market, and introduce option selling strategies and when they are best to use. SPX Candlestick Chart Show Notes 03:59 - The Market Indices opened largely higher for the day but were beginning to slip a bit, eventually …
Do Tech Stock Trends And ETFs Moving Higher Mean The Worst Is Over?
Source: ETF Trends
With Apple making a big move today as China‘s iPhone shipments in March were 2.5 million versus only a half a million in February, and Technology Select Sector SPDR Fund (XLK) up over 4% Tuesday, the question has arisen as to whether not big technology is projecting there will be a recovery in stocks. “If […] The post Do Tech Stock Trends And ETFs Moving Higher Mean The Worst Is Over? appeared first on ETF Trends .
Coronavirus Is Having a Fleeting Interest Impact on Tech ETFs
Source: ETF Trends
The Technology Select Sector SPDR Fund (XLK) and other technology ETFs are often viewed as growth plays, but in recent years, the sector and its traditional ETFs have been strong sources of increasing shareholder rewards, including buybacks. XLK tries to reflect the performance of the Technology Select Sector Index, which is comprised of technology and […] The post Coronavirus Is Having a Fleeting Interest Impact on Tech ETFs appeared first on ETF Trends .
