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Momentum and Earnings

Markets got off to a fast start right out of the gate last Monday, in part due to the spending bill recently passed by Congress to fund the government for another 3 weeks. Stocks maintained this positive momentum and hit a record high in the week. Major indexes had their fourth consecutive weekly gain. The Dow Jones Industrial Average gained 2.1%, the S&P 500 gained 2.2% and NASDAQ gained 2.3%. Every sector had a positive week as well. Leading the way were Consumer Discretionary gaining 3.32%, Healthcare gaining 3.51% and Real Estate gaining 2.29%.

ETFG Equity Exposure Report - Last week saw many companies in the S&P 500 report earnings with one of them being Netflix, who surged almost 8% on Tuesday after their earnings release. The jump in share price pushed the company’s market cap to above $100 Billion for the first time. In the ETF Global Exposure Report we can simply input any stock ticker to see what ETFs have the biggest concentration to that particular stock. For Netflix, there is 6.76 billion of exposure of Netflix in the ETF universe. The biggest holders of Netflix are PNQI, Powershares NASDAQ Internet Portfolio, FNG, Advisorshares New Tech and Media ETF and First Trust Dow Jones Internet Index Fund. They hold 10.16%, 7.94% and 6.76% of their portfolio respectively in Netflix.

ETFG Weekly Select List - This week in our weekly Select List we had 2 new funds that went from being unranked last week to being number 1 in their respective categories.  BBH, VanEck Vectors Biotech ETF,  in the Global category, and FDVV, Fidelity Core Dividend ETF, in the High Dividend Yield category.  Please this week's complete Select List here - ETFG Select List - January 29, 2018

ETFG Quant Movers - This week in our biggest weekly quant movers we have  AFTY, CSOP FTSE China A50 ETF, BRF, Vaneck Vectors Brazil Small- Cap ETF, and  MXI, Ishares Global Materials ETF, as the top 3 gainers this week. They gained 30.65%, 20.86%, and 17.95% respectively in our Quant score.

On the other side in the biggest losers for the week were PXH, Powershares FTSE RAFI Emerging Markets Portfolio, VDC Vanguard Consumer Staples ETF and DTN WisdomTree Dividend EX Financials Fund. They dropped 19.03% 18.87% and 18.22% in their respective Quant Ratings.






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