- (1:00) - Breaking Down Current Stock Market Performance
- (7:30) - Inflation Concerns: Can We Expect Strong Economic Growth To Continue?
- (14:20) - ETFs To Keep On Your Radar: How Should Investors Position Their Portfolios?
- (19:45) - Are Meme Stocks Here To Stay?
- Podcast@Zacks.com
In this episode of ETF Spotlight, I speak with Matthew Bartolini, Head of SPDR Americas Research at State Street (NYSE:STT) Global Advisors. We discuss the market outlook and best strategies for the second half of 2021.
Major stock indexes continue to march higher in 2021. The SPDR S&P 500 ETF SPY has gained 15% while the SPDR Dow Jones Industrial Average (NYSE:DIA) ETF DIA and the Invesco Nasdaq 100 ETF QQQ are up 13% each so far this year.
With increased COVID-19 vaccination rates, massive fiscal stimulus programs and accommodative monetary policies, the economy and earnings grew strongly in the first quarter, and the second quarter numbers are also expected to be very impressive.
Economically sensitive cyclical stocks had a very strong run this year. Energy remains the top performer among all sectors, up more than 43% year-to-date, but tech has regained leadership over the past few weeks. Some cyclical sectors like financials and industrials had negative returns over the past month and Matt sees this an opportunity to add exposure to them.
State Street expects value stocks, banks, miners, retailers, and homebuilders to continue to benefit from the reopening rally. The SPDR Portfolio S&P 500 Value ETF SPYV,the SPDR S&P Bank ETF KBE and the SPDR S&P Metals and Mining ETF XME are worth a look.
The pandemic has changed the way we live, work, and play, and some of these changes will be permanent. The SPDR S&P Kensho New Economies Composite ETF KOMP provides exposure to many innovative companies disrupting traditional industries by leveraging advancements in artificial intelligence, robotics, and automation.
Tune in to the podcast to learn more. Make sure to be on the lookout for the next edition of the ETF Spotlight! If you have any comments or questions, please email podcast@zacks.com.
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Invesco QQQ (QQQ): ETF Research Reports
SPDR S&P 500 ETF (SPY): ETF Research Reports
SPDR Dow Jones Industrial Average ETF (DIA): ETF Research Reports
SPDR S&P Bank ETF (KBE): ETF Research Reports
SPDR S&P Metals & Mining ETF (XME): ETF Research Reports
SPDR Portfolio S&P 500 Value ETF (SPYV): ETF Research Reports
SPDR S&P Kensho New Economies Composite ETF (KOMP): ETF Research Reports
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