Markets & the Economy: 1999 All over again?
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Bears: ‘It's ’99, sell tech’. Bulls: ‘It's ’99, buy tech’. It’s a bit like ’99 in semi insanity, tech dominance and some erratic vibrations. Embrace it or dump your tech stocks?
Add it to the ETF Line Up
New Launches: (week ending 5/22) a few highlights…
- HALX~ Tuttle Capital Heavy Asset Low Obsolescence~ bets on tangible assets and cash flows
- PCSG~ Polen 5Perspectives Small-Mid Growth ETF
- PCLC~ Polen 5Perspectives Large Growth ETF
- ASTY~ Defiance Daily Target 2x Long ASTS ETF
New Filings:
GraniteShares files for an Autocallable DRAM ETF
Tuttle filing for a Magnificent 10 ETF…which is the Mag 7 plus AMD, Broadcom and Palantir
Roundhill looks to follow their DRAM blockbuster with a Compute ETF~ GPUX which provides economic exposure to computing capacity through compute future contracts *Note ProShares also filed for a similar ETF
ETF Check Up:
ETF Buzz…
ETF Chart of the year candidate…
Small Caps are turning into Ignored Caps…they used to have 10% asset share in ETFs…been chopped down to 4% and now they are finally outperforming…will investors care?
Passive SP500 funds could have to buy roughly 19% of public SpaceX shares within 6mo under fast tracking framework (it would enter the index at the est 6th spot)…Russell 1K & Nasdaq 100 may buy another 5.5% within weeks of the IPO…
