The money manager behind two of the world’s biggest actively managed exchange-traded funds sees a way for investors to stay defensive without leaving the market.Jon Maier’s firm is behind the JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan Ultra-Short Income ETF (JPST). They’re listed as No. 1 and No. 3 in size globally in their category, according to VettaFi.The goal: give investors downside protection while generating income.”When the VIX [volatility] increases, that offers the opportunity for an increased amount of income to the investor of JEPI,” the J.P. Morgan Asset Management chief ETF strategist told CNBC’s “ETF Edge” this week.…
Author: usaeverydaylife
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: It’s been a great week for the U.S. stock market. The S & P 500 is up 1.6% Friday, on track for its ninth straight session of gains. If the broad market index closes in the green again, that would mark its longest winning streak since November 2004. Positive labor data is giving investor sentiment a boost: April’s nonfarm payrolls report came in better than expected Friday before the bell,…
Investors seeking income have several high-quality options in dividend-paying exchange-traded funds, according to Morningstar. People often turn to dividend stocks during times of volatility, thanks to their defensive nature. While the market has had a tumultuous month since President Donald Trump announced his sweeping new tariff policy, stocks have lately been moving higher . On Friday, the S & P 500 was on track for its ninth consecutive day of gains, its longest winning streak since November 2004. Still, good dividend ETFs can work in all market environments, said Ryan Jackson, senior analyst for passive strategies at Morningstar. “The ability…
Netflix is on a winning streak.The streaming giant’s stock has traded for 11 straight days without a decline, the company’s longest positive run ever.Stock Chart IconStock chart iconNetflix stock since April 17.Its previous record was a nine-day stretch in late 2018 and early 2019 when the stock traded up for four days, was unchanged for a day and then traded positively for another four days.The stock is also trading at all-time-high levels since it went public in May 2002.This new streak comes on the heels of Netflix’s most recent earnings report on April 17, in which it revealed that revenue…
A passenger walks near Uber signage after arriving at Los Angeles International Airport in Los Angeles, California, on July 10, 2022.David Swanson | ReutersUber said on Friday that it’s partnering with Chinese self-driving startup Momenta to launch robotaxi services outside of the U.S. and China.The first deployment is scheduled to roll out in Europe in early 2026, with safety operators onboard. Uber said the goal is to combine its global ridesharing network with Momenta’s technology to deliver safe and efficient robotaxi services.”This collaboration brings together Uber’s global ridesharing expertise and Momenta’s AI-first autonomous driving technology, paving the way for a…
Check out the companies making headlines in midday trading: Duolingo — Shares soared more than 18% after the language learning app guided toward a better-than-expected revenue forecast. Duolingo estimates second-quarter revenue will come in between $239 million and $242 million, while analysts polled by LSEG expected $234 million. Full-year revenue is expected to come in a range between $987 million and $996 million, higher than the consensus call of $977 million. Apple — Shares shed 4% after the iPhone maker reported fiscal second-quarter services revenue of $26.65 billion, while analysts had expected $26.70 billion, according to StreetAccount. This number still…
Apple CEO Tim Cook, center, watches during the inauguration ceremonies for President Donald Trump, right, and Vice President JD Vance, left, in the rotunda of the U.S. Capitol in Washington, Jan. 20, 2025.Shawn Thew | Afp | Getty ImagesA tale of two different technology companies is playing out this earnings season as President Donald Trump’s global trade upheaval makes planning nearly impossible.Businesses reliant on advertising appear to be holding on for the near-term as those dependent on consumer spending have started to feel the cracks of a murky macro subjected to an ever-shifting tariff policy. Block offered a lackluster second-quarter…
Although the tech sector felt like it was in a freefall in April, it apparently was simply on a bungee cord as we have now seen the Nasdaq 100 ETF (QQQ) snap back more than 20% since the volatile April 7 lows. I want to use options to have the ability to capture even more upside as bullish momentum is driving the bears back into their caves. The S & P 500 is trying to string together a nine-day streak of gains, historic in itself. Front month Nasdaq Futures (June contract) reclaimed 20,000 this morning after nearly dipping under 16,000…
Recent chart patterns are indicating some positive trends for the S & P 500 after a volatile month. The broad market index is headed toward nine straight days of gains as of midday Friday — its longest winning streak since November 2004. After Thursday’s gains, the S & P 500 was trading above its 50-day moving average for the first time in more than two months, according to Bespoke Investment Group. “The just-ended streak of 47 trading days of closing below the 50-DMA wasn’t extreme by any historical sense, but it was the longest streak of closes below that level…
Jeff Bezos, founder and executive chairman of Amazon and owner of The Washington Post, takes the stage during The New York Times’ annual DealBook Summit, at Jazz at Lincoln Center in New York City, Dec. 4, 2024.Michael M. Santiago | Getty ImagesAmazon founder Jeff Bezos plans to sell up to 25 million shares in the company over the next year, according to a financial filing on Friday.Bezos, who stepped down as CEO in 2021 but remains Amazon’s top shareholder, is selling the shares as part of a trading plan adopted on March 4, the filing states. The stake would be…
