- Finance
- Watchlists
- My Portfolio
- Crypto
- Yahoo Finance Plus
- News
- Screeners
-
Markets
-
Options: Highest Open Involvement
-
Options: Highest Unsaid Volatility
-
- Videos
- Personal Finance
- Industries
- Contact United states
-
S&P 500
-
Dow xxx
-
Nasdaq
-
Russell 2000
-
Crude Oil
-
Gilt
-
Silver
-
EUR/USD
-
10-Year Bond
-
GBP/USD
-
USD/JPY
-
BTC-USD
-
CMC Crypto 200
-
FTSE 100
-
Nikkei 225
BUZZ Investing: Meme-Stocks Make a Comeback
This article was originally published on ETFTrends.com.
The prospect of top inflation has re-ignited the battered growth and meme stock craze in names such every bit Coinbase Global Inc (Money) and AMC Entertainment Holdings (AMC) in the Buzz Index.
Equities rebounded as investors reset their expectations regarding the prospects for continued elevated levels of inflation and the probability of a domestic recession. The Fizz NextGen AI US Sentiment Leaders Alphabetize (the “BUZZ Index” or “Index”) gained 21.eight% during the recent menstruation between Index selection dates (July 14, 2022, to Baronial 11, 2022, the “Period”), outpacing gains recorded past the South&P 500 Index by over ten pct points. The rally was partly fueled by dovish remarks from the U.S. Federal Reserve Chair Jerome Powell during a news conference that followed the central banking company’s second sequent lxx-five ground point (“bps”) increment of its target rate. Powell noted that “while another unusually large increase could be appropriate at our adjacent coming together, that is a determination that will depend on the data nosotros get between at present so,” while adding, “every bit the stance of monetary policy tightens further, it likely will become appropriate to slow the pace of increases.”
Longer-dated treasuries rallied alongside equities post-obit Powell’s comments, with the yield on the criterion U.S. ten-twelvemonth bond falling, flattening out the yield curve relative to the 2.5% short-term level of the Federal Funds Target Charge per unit. Other measures of hazard reset amidst the bullish macro surround. High yield credit spreads measured by the Markit CDX North America High Yield Index, and the CBOE Volatility Index (the “VIX”) roughshod. Despite the ‘hazard-on’ gains across the landscape, the U.S. dollar continued its advance against a basket of currencies, notably trading above parity with the Euro for the first time in nearly twenty years.
The BUZZ Index returned 14.7% during the month of July compared to a render of 9.2% for the S&P 500 Index during the same period. Year-to-engagement, the Buzz Alphabetize trails the S&P 500 with returns of -36.five% and -12.six%, respectively, every bit of the cease of July.
Strength in growth and meme-related equities
Shares of some of the hardest striking segments of the market rallied sharply every bit technology, growth-oriented, and meme-related equities rocketed higher during the Period. Meme stocks were led by AMC Entertainments Holdings Inc. (AMC), with shares of the nation’southward largest moving picture chain operator advancing 69% during the Period. Fueling gains in the stock was the declaration of a special distribution to AMC shareholders. AMC Preferred Equity Units (dubbed “APE” in a nod to the investors who turned the company into a meme stock and often refer to themselves as “ape nation.”) will list under the ticker APE on the New York Stock Exchange. Coinbase Global Inc (Money) jumped 57% during the menstruation. The leading platform for cryptocurrency trading soared afterward announcing a partnership with BlackRock Inc. (BLK). The deal will see Coinbase exchanges connecting with Aladdin, BlackRock’s investment technology platform serving institutional clients, to provide straight access to cryptocurrency trading, kickoff with Bitcoin. The deal with one of the world’s largest nugget managers helped to validate Coinbase’s status as a leader in the crypto space. The top x contributors to Fizz Index performance gained an average of 39%, contributing over 41% of the Index’s gains during the Period.
Top BUZZ Index Contributors: July xiv, 2022 – August eleven, 2022 |
|||
Company |
Ticker |
Average Weight (%) |
Render Contribution (%) |
AMC Entertainment Holdings Inc |
AMC |
iii.29 |
two.06 |
Coinbase Global Inc |
Coin |
3.29 |
1.27 |
Affirm Holdings Inc |
AFRM |
1.22 |
0.88 |
Amazon.com Inc |
AMZN |
3.12 |
0.83 |
Netflix Inc |
NFLX |
ii.16 |
0.75 |
Advanced Micro Devices Inc |
AMD |
3.04 |
0.69 |
Tesla Inc |
TSLA |
iii.16 |
0.65 |
Robinhood Markets Inc |
HOOD |
2.70 |
0.65 |
Ford Motor Co |
F |
one.79 |
0.65 |
Twitter Inc |
TWTR |
2.99 |
0.63 |
Source: Fizz Holdings ULC, Bloomberg. Past performance is no guarantee of time to come results. Index performance is not illustrative of fund functioning. Not intended as a recommendation to buy or to sell any of the securities mentioned herein. For a consummate listing of holdings in the ETF, please visitwww.vaneck.com.
The top detractor to performance during the Flow was Lucid Grouping Inc. (LCID), the upstart maker of luxury electric vehicles, which announced a highly publicized Qualifying Transaction with Michael Klein’s Churchill Capital IV SPAC in Q1 2021. Lucid has consistently failed to meet its product targets. During its Q2 2022 earnings release, the company once again cited “extraordinary challenges in the supply chain and logistics” as the reason for lowering its 2022 production guidance to six,000 – 7,000 vehicles, down from the original guidance of 20,000 vehicles information technology initially targeted for the year. Outside of Lucid, the height detractors to performance featured large-cap stocks from the Communication Services, Data Technology, and Healthcare sectors, with two of the ten acme detractors to performance for the period generating small-scale positive returns, a telling sign of the strength within the accomplice of Buzz Index holdings during the Period.
Lesser BUZZ Index Contributors: July xiv, 2022 – August 11, 2022 |
|||
Visitor |
Ticker |
Average Weight (%) |
Render Contribution (%) |
Lucid Grouping Inc |
LCID |
1.75 |
-0.15 |
AT&T Inc |
T |
0.76 |
-0.x |
Verizon Communications Inc |
VZ |
0.48 |
-0.06 |
Pfizer Inc |
PFE |
1.10 |
-0.06 |
Intel Corp |
INTC |
0.90 |
-0.05 |
QUALCOMM Inc |
QCOM |
0.46 |
-0.04 |
Roku Inc |
ROKU |
0.78 |
-0.02 |
Visa Inc |
V |
0.38 |
-0.01 |
FedEx Corp |
FDX |
0.51 |
0.01 |
United Airlines Holdings Inc |
UAL |
0.37 |
0.02 |
Source: BUZZ Holdings ULC, Bloomberg. By performance is no guarantee of future results. Index performance is not illustrative of fund performance. Not intended as a recommendation to buy or to sell any of the securities mentioned herein. For a complete list of holdings in the ETF, please visitworld wide web.vaneck.com.
Sentiment Stock Highlight – BlackRock Inc.
Much like traditional equities, the cryptocurrency markets have been steadily declining since the beginning of the year. Crypto-related stocks such equally Coinbase (COIN) and MicroStrategy (MSTR) were down 80% and 65%, respectively, before billowy last calendar month. Despite the downturn, the industry has connected to evolve. This calendar month, nugget management giant Blackrock (BLK) appear that it would partner with Coinbase to provide crypto investment products to BlackRock’due south institutional clients. The crypto ecosystem demonstrates resiliency, cartoon increasing institutional interest despite its volatile cycles. In response to growing institutional need, Blackrock launched a Bitcoin private trust which volition allow US institutional investors to gain passive exposure to Bitcoin, a move viewed past many as providing further legitimacy to crypto assets. Investors cheered the recent news with positive sentiment trending college equally some view the announcements every bit a potential heave for BlackRock’s business. This month positive investor sentiment on BLK spiked, pushing the stock back into the Fizz Index for the start time since March 2022, with a 1.37% weight.
BlackRock Inc. Stock Price | January 1, 2020 – August 11, 2022
Source: BUZZ Holdings ULC, Bloomberg. Past functioning is no guarantee of hereafter results. Index operation is not illustrative of fund performance. Not intended as a recommendation to buy or to sell whatever of the securities mentioned herein. For a complete list of holdings in the ETF, delight visitwww.vaneck.com.
BUZZ Index August 2022 Rebalance Highlights
Streaming Platform Stocks
Afterward a hard first one-half of the year, engineering science stocks finally managed to phase a meaningful bounce last month. Positive investor sentiment has as well been increasing, with some of the largest sentiment gains existence observed in some of the hardest-hit stocks, particularly in the streaming platform sector. Streaming giant Netflix (NFLX) began the year with ii massive earnings misses, each sending the stock down over 25% the following day. Netflix also reported its starting time-always reject in subscribers, prompting many to question if the visitor’s growth had peaked. Amidst a tough economical properties, Netflix has continued to lose subscribers, albeit at a slower than expected step. While it may exist too early on to tell whether subscriber growth volition re-emerge in one case economic atmospheric condition improve, investors appear hopeful, as sentiment has been climbing in recent weeks. I of NFLX’s largest competitors, Roku (ROKU), is facing a like state of affairs. ROKU is down a whopping 85% from its 2021 highs as advertisement acquirement has slowed during the economical downturn. While the stock remains near its lows, positive investor sentiment has also been climbing over the by calendar month, every bit some may be taking the view that the worst may be behind the visitor. This month, NFLX jumps from a 1.93% weight to a maximum iii%, and ROKU climbs from a 0.87% weight to 1.7%.
For more on rebalancing results and a total breakup of index constituents added and removed for the month, view theBUZZ Index reconstitution report.
Originally published by VanEck on Baronial 19, 2022.
For more than news, information, and strategy, visit the Across Basic Beta Channel.
Important Disclosures
Company data is the source for all detail company information quoted.
Definitions: The Due south&P 500 is a stock market index of 500 of the largest companies listed on stock exchanges in the United states of america. The Nasdaq Composite Index is a stock market alphabetize that consists of the stocks that are listed on the Nasdaq stock substitution. S&P Banks Select Industry Index comprises stocks in the S&P Total Marketplace Index that are classified in the GICS asset management & custody banks, diversified banks, regional banks, other diversified fiscal services and thrifts & mortgage finance sub-industries. Markit CDX North America Loftier Yield Alphabetize represents 1 hundred liquid North American entities with high yield credit ratings as published past Markit. COBE VIX Index is a existent-time market index representing the marketplace’southward expectations for volatility over the coming thirty days.
This is not an offer to buy or sell, or a recommendation to buy or sell any of the securities/financial instruments mentioned herein. The information presented does non involve the rendering of personalized investment, fiscal, legal, or tax advice. Certain statements contained herein may constitute projections, forecasts and other forwards looking statements, which do not reflect actual results, are valid as of the engagement of this communication and subject field to alter without notice. Information provided by third party sources are believed to be reliable and have not been independently verified for accurateness or abyss and cannot be guaranteed. VanEck does not guarantee the accuracy of tertiary party data. The information herein represents the opinion of the writer(s), only non necessarily those of VanEck.
An investment in the Fund may be subject to risks which include, amongst others, risks related to social media analytics, investing in equity securities, medium-capitalization companies, information technology, communication services, consumer discretionary, health intendance and industrials sectors, market, operational, high portfolio turnover, index tracking, authorized participant concentration, new fund, absence of prior active market, trading issues, passive management, fund shares trading, premium/discount and liquidity of fund shares, non-diversified and concentration risks which may brand these investments volatile in price or hard to trade. Medium-capitalization companies may exist subject to elevated risks.
Investing in companies based on social media analytics involves the potential risk of marketplace manipulation because social media posts may be made with an intent to inflate, or otherwise dispense, the public perception of a company stock or other investment. Although the Sentiment Leaders Index provider attempts to mitigate the potential risk of such manipulation by employing screens to place posts which may be reckoner generated or deceptive and by employing market capitalization and trading book criteria to remove companies which may be more probable targets for such manipulation, in that location is no guarantee that the Sentiment Leaders Index’due south model will successfully reduce such risk. Furthermore, text and sentiment analysis of social media postings may evidence inaccurate in predicting a company’due south stock operation.
An investor cannot invest direct in an index. Returns reverberate by functioning and do not guarantee future results. Results reflect the reinvestment of dividends and capital gains, if whatsoever. Certain indices may accept into business relationship withholding taxes. Index returns do not represent Fund returns. The Index does non charge direction fees or brokerage expenses, nor does the Index lend securities, and no revenues from securities lending were added to the performance shown.
Buzz NextGen AI US Sentiment Leaders Index (the “Fizz Alphabetize”) is a product of Buzz Holdings ULC (“BUZZ Holdings”), and has been licensed to Van Eck Associates Corporation for utilise in connection with the VanEck Social Sentiment ETF.
“BUZZ” is a trademark of BUZZ Holdings, which has been licensed by Van Eck Associates Corporation for apply in connection with the Buzz Alphabetize.
VanEck Social Sentiment ETF is not sponsored, endorsed, sold or promoted past BUZZ Holdings, or its shareholders, or the licensor of the BUZZ Index and/or its affiliates and tertiary party licensors. Buzz Holdings makes no representation or warranty, express or implied, to the owners of the VanEck Social Sentiment ETF or whatsoever member of the public regarding the advisability of investing in securities generally or in VanEck Social Sentiment ETF, especially or the power of the Buzz Alphabetize to rails general market place performance.
BUZZ Holdings’ only human relationship to Van Eck Associates Corporation with respect to the Buzz Index is the licensing of the BUZZ Index and sure trademarks of Fizz Holdings. The BUZZ Holdings are determined and composed by BUZZ Holdings without regard to Van Eck Associates Corporation or the VanEck Social Sentiment ETF. Fizz Holdings has no obligation to take the needs of Van Eck Associates Corporation or the owners of VanEck Social Sentiment ETF into consideration in determining and composing the BUZZ Index.
BUZZ Holdings are not responsible for and have not participated in the determination of the prices of VanEck Social Sentiment ETF or the timing of the issuance or auction of securities of VanEck Social Sentiment ETF or in the determination or adding of the equation by which VanEck Social Sentiment ETF securities may be converted into cash, surrendered, or redeemed, as the case may be. Fizz Holdings have no obligation or liability in connection with the administration, marketing or trading of VanEck Social Sentiment ETF. There is no assurance that investment products based on the BUZZ Index volition accurately track alphabetize performance or provide positive investment returns. BUZZ Holdings is not an investment advisor and the inclusion of a security in the BUZZ Index is not a recommendation past Fizz Holdings to buy, sell, or hold such security, nor should it exist considered investment communication.
Fizz HOLDINGS DOES NOT GUARANTEE THE ADEQUACY, Accurateness, TIMELINESS AND/OR THE COMPLETENESS OF THE BUZZ Index OR Any DATA RELATED THERETO OR Any COMMUNICATION WITH RESPECT THERETO, INCLUDING Only NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS). Fizz HOLDINGS SHALL NOT Be SUBJECT TO Any DAMAGES OR LIABILITY FOR Whatever ERRORS, OMISSIONS, OR DELAYS THEREIN. BUZZ HOLDINGS MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR Fettle FOR A Particular PURPOSE OR Use OR Every bit TO RESULTS TO BE OBTAINED BY Van Eck Associates Corporation, OWNERS OF THE VanEck Social Sentiment ETF, OR Whatever OTHER PERSON OR ENTITY FROM THE Use OF THE Fizz Alphabetize OR WITH RESPECT TO ANY Data RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT Any SHALL Buzz HOLDINGS Exist LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL Amercement INCLUDING Merely NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST Time OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH Damages, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. THERE ARE NO Third Political party BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN Fizz HOLDINGS AND Van Eck Associates Corporation, OTHER THAN THE LICENSORS OF Buzz HOLDINGS.
Effective August xviii, 2016, Fizz Indexes Inc. implemented changes to the BUZZ NextGen AI US Sentiment Leaders Index construction rules. The index elective count was increased from 25 to 75 stocks and the maximum constituent weight was reduce from 15% to 3%. These change may result in more a diversified exposure to alphabetize constituents than under the rules in effect prior to this appointment. Past functioning is no guarantee of future results.
The South&P 500® Index is a production of S&P Dow Jones Indices LLC and/or its affiliates and has been licensed for use past Van Eck Associates Corporation. Copyright © 2022 South&P Dow Jones Indices LLC, a sectionalisation of S&P Global, Inc., and/or its affiliates. All rights reserved. Redistribution or reproduction in whole or in part are prohibited without written permission of S&P Dow Jones Indices LLC. For more information on any of South&P Dow Jones Indices LLC’s indices please visit www.spglobal.com/spdji/en/. S&P® is a registered trademark of S&P Global and Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC. Neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their 3rd party licensors make whatever representation or warranty, express or implied, as to the ability of any alphabetize to accurately represent the nugget class or market sector that it purports to correspond and neither S&P Dow Jones Indices LLC, Dow Jones Trademark Holdings LLC, their affiliates nor their third party licensors shall have any liability for any errors, omissions, or interruptions of whatsoever index or the data included therein.
Investing involves substantial take chances and high volatility, including possible loss of principal. An investor should consider the investment objective, risks, charges and expenses of a Fund carefully before investing. To obtain a prospectus and summary prospectus, which contain this and other information, call 800.826.2333 or visit vaneck.com. Please read the prospectus and summary prospectus carefully before investing.
Van Eck Securities Corporation, Distributor, a wholly owned subsidiary of Van Eck Associates Corporation.
© 2022 VanEck. VanEck®, VanEck Admission the opportunities®, and the stylized VanEck design® are trademarks of Van Eck Associates Corporation.
POPULAR Manufactures AND Resources FROM ETFTRENDS.COM
-
SPY ETF Quote
-
VOO ETF Quote
-
QQQ ETF Quote
-
VTI ETF Quote
-
JNUG ETF Quote
-
Elevation 34 Gold ETFs
-
Top 34 Oil ETFs
-
Peak 57 Financials ETFs
-
Meet a New ETF Provider: Neuberger Berman
-
The Fries Act Could Be A Shot In The Arm For The U.South. Semiconductor Industry
-
Euro ETF Has Taken a Beating, Traders Are Betting on More Pain
-
Bloomberg: Dave Nadig on the Risks of Single-Stock ETFs
-
Biotech ETFs Are on the Mend
READ More than AT ETFTRENDS.COM >
Source: https://finance.yahoo.com/news/buzz-investing-meme-stocks-comeback-113027389.html