/Cyber Monday

Cyber Monday

Monday, December 2, 2019– The holiday season is officially here and consumers are in position to have a massive effect on the markets. The Dow Jones, S&P 500 and Nasdaq Composite all closed on highs Wednesday, rebounding from last week’s poor showing. However, after Thanksgiving, we saw a slight dip in these indices on Black Friday. The Dow Jones fell 112.59 points (-0.40%), the S&P 500 fell 12.65 points (-0.40%), and the Nasdaq Composite Index fell 39.70 points (-0.46%).

On the geopolitical front, the potential for a trade deal with China appeared to become bleaker, as President Trump signed two bills on Wednesday lending support to demonstrators in Hong Kong.  A spokesman for the Chinese Foreign Ministry had this to say about the bills Trump signed: “It is a stark hegemonic practice & a severe interference in Hong Kong affairs, which are China’s internal affairs. China will take strong counter-measures.”
ETFG Quant Movers – Those ETFs who have had the largest weekly change in their respective, overall ETFG Quant ratings.
ETFG Quant Winners: We can see this week’s 5 biggest % Gainers were SPFF, EEH, IGF, FAUS, and EDIV, showing gains of 21.91%, 16.93%, 14.07%, 12.92%, and 12.62% respectively. By a wide margin, our model picked up SPFF (Global X SuperIncome Preferred ETF) as the largest gainer this week, perhaps showing us that investors are taking a defensive approach to the market as President Trump continues to cast doubt on a trade agreement with China.
ETFG Quant Losers: The top 5 big % Losers this week were HAP, MLPG, IMTM, IAI, and VOT who lost -13.18%, -12.78%, -10.29%, -10.25%, -10.01% respectively. The two largest losers (VanEck Vectors Natural Resources ETF and ETRACS Alerian Natural Gas MLP Index ETN, respectively) were an easy call as we saw this industry get hit hard this week. News that warmer weather is on the way scared off natural gas investors, as they generally view Winter as a time of large demand for natural gas.
ETFG Weekly Select List – The five most highly rated ETFs per Sector, Geographic Region and Strategy as ranked by the ETFG Quant model. Comparing ETF Global’s weekly select lists from the past two weeks, we can see that KMED, XPFE, FNDI are potential upside ETFs as they have moved up in their respective rankings this week.
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ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.
This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument. Securities, financial instruments or strategies mentioned herein may not be suitable for all investors.  Any opinions expressed herein are given in good faith, are subject to change without notice, and are only correct as of the stated date of their issue.  Prices, values, or income from any securities or investments mentioned in this report may fall against the interests of the investor and the investor may get back less than the amount invested.  Where an investment is described as being likely to yield income, please note that the amount of income that the investor will receive from such an investment may fluctuate.  Where an investment or security is denominated in a different currency to the investor’s currency of reference, changes in rates of exchange may have an adverse effect on the value, price or income.

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Assumptions, opinions and estimates constitute our judgment as of the date of this material and are subject to change without notice.  ETF Global LLC (“ETFG”) and its affiliates and any third-party providers, as well as their directors, officers, shareholders, employees or agents (collectively ETFG Parties) do not guarantee the accuracy, completeness, adequacy or timeliness of any information, including ratings and rankings and are not responsible for errors and omissions or for the results obtained from the use of such information and ETFG Parties shall have no liability for any errors, omissions, or interruptions therein, regardless of the cause, or for the results obtained from the use of such information. ETFG PARTIES DISCLAIM ANY AND ALL EXPRESS OR IMPLIED WARRANTIES, INCLUDING, BUT NOT LIMITED TO ANY WARRANTIES OF MERCHANTABILITY, SUITABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE.  In no event shall ETFG Parties be liable to any party for any direct, indirect, incidental, exemplary, compensatory, punitive, special or consequential damages, costs, expenses, legal fees, or losses (including, without limitation, lost income or lost profits and opportunity costs) in connection with any use of the information contained in this document even if advised of the possibility of such damages.

ETFG ratings and rankings are statements of opinion as of the date they are expressed and not statements of fact or recommendations to purchase, hold, or sell any securities or to make any investment decisions. ETFG ratings and rankings should not be relied on when making any investment or other business decision.  ETFG’s opinions and analyses do not address the suitability of any security.  ETFG does not act as a fiduciary or an investment advisor.  While ETFG has obtained information from sources they believe to be reliable, ETFG does not perform an audit or undertake any duty of due diligence or independent verification of any information it receives.

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