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Inspire adds two new actively managed faith-based ETFs

Impact investment firm Inspire Investing has expanded its suite of biblically responsible ETFs with the launch of a pair of actively managed funds targeting the large and mid-cap segments of the US equity market.
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Impact investment firm Inspire Investing has expanded its suite of biblically responsible ETFs with the launch of a pair of actively managed funds targeting the large and mid-cap segments of the US equity market.

Robert Netzly, CEO of Inspire Investing

Robert Netzly, CEO of Inspire Investing.

The Inspire Faithward Large Cap Momentum ETF (FEVR US) and Inspire Faithward Mid Cap Momentum ETF (GLRY US) have listed on NYSE Arca and come with expense ratios of 0.85%.

The funds are sub-advised by Faithward Capital, a Pennsylvania-based asset manager helping financial advisors and institutions align their investments with Christian values.

The ETFs utilize a dual screening process that first addresses matters of faith before filtering based on technical factors.

In the first part of this process, the initial universe of stocks is screened according to Inspire’s faith-based and sustainability requirements to identify companies which it describes as “businesses of blessing.”

Any company with operations linked to abortion, alcohol, gambling, tobacco, pornography, or human rights violations is excluded. Companies that promote or advocate for LGBT+ communities are also removed.

The remaining constituents are then assigned an ESG rating based upon Inspire Investing’s Impact Score methodology which covers several ESG categories including corporate governance, data security and privacy, environmental stewardship, innovation, labor practices, marketing ethics, political action, renewable energy, social impact, and supply chain. Impact Scores range from -100 to +100 and only firms with a score greater than zero will make it through to the next stage.

In the second stage of the process, Faithward Capital deploys a proprietary screening process that uses both technical and fundamental analysis to identify between 40 and 50 stocks that exhibit share price momentum and high growth potential based on financial health, earnings trends, valuation, risk, and relative strength.

The Inspire Faithward Large Cap Momentum ETF is derived from an initial universe of companies with market capitalizations greater than $10 billion, while the Inspire Faithward Mid Cap Momentum ETF is based on companies with market caps between $3bn and $10bn.

Robert Netzly, CEO of Inspire Investing, commented, “We have continued to see an increase in demand for faith-based investments, even in the midst of a pandemic. We are humbled to be able to launch two biblically responsible options with Faithward Capital for those investors looking to incorporate active management in their portfolios.”

Jay Peroni, Senior Portfolio Manager at Faithward Capital, added, “We are truly excited to partner with Inspire to launch these ETFs to the masses. Our team is thrilled to be able to better serve our clients using our active biblically responsible investment management strategies while also expanding the biblically responsible investing universe.”

The new launches bring the total number of biblically responsible ETFs offered by Inspire to eight, collectively housing around $650 million in assets under management.

Most recently, the firm introduced the world’s first actively managed faith-based ETF in July – the Inspire Tactical Balanced ESG ETF (RISN US). RISN invests in US large-cap stocks and contains a risk-management overlay that shifts into defensive assets when the equity market outlook is unfavourable.

The post Inspire adds two new actively managed faith-based ETFs first appeared on ETF Strategy.

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Top Trending Penny Stocks to Watch Next Month

With so many trending penny stocks to buy, which small caps are you watching?
The post Top Trending Penny Stocks to Watch Next Month appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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3 Trending Penny Stocks For Your Watchlist in November 

Right now, there are dozens of penny stocks that are trending across the stock market. This includes penny stocks in all industries, as momentum continues to fill the market. With the Dow Jones flirting with all-time highs, many investors remain excited about the potential of making money with penny stocks.

[Read More] 5 Top Penny Stocks To Watch Under $1 Trending Right Now

And although each day of trading is different, there is plenty of opportunities to do so right now. One thing to consider is that there is also a high degree of volatility in the stock market. This includes both penny stocks and blue chips, as there is plenty going on in the stock market in 2021. 

But, to take advantage of this, investors need to have a thorough understanding of how different factors will affect stocks. This includes the pandemic, inflation, and other geopolitical issues that are present. While it may not be easy, researching and having information by your side will help to give you the best chance at profitability. So, with all of this in mind, let’s take a look at three penny stocks that are trending right now. 

3 Penny Stocks to Watch That Are Trending Right Now

  1. GEE Group Inc. (NYSE: JOB
  2. Advaxis Inc. (NASDAQ: ADXS
  3. Ambev S.A. (NYSE: ABEV

GEE Group Inc. (NYSE: JOB)

GEE Group Inc. is an industrial penny stock that has begun to show signs of a bullish turnaround. This company offers various staffing and placement services in the United States. These services include permanent and temporary services in the professional, industrial, and physician fields. It also provides placement for accounting, office, and engineering workers among many more. Its staffing services are offered under the brand names Agile Resources, Ashley Ellis, Access Data Consulting, Omni-One, and many more.

Back in August, GEE Group reported its results for the fiscal third quarter of 2021. The company’s revenue went up 43.1% year over year to $38.1 million. This also means its revenue rose 9.6% sequentially over the fiscal second quarter of this year on par with 2019. GEE Group’s gross profit went up $4.2 million or 43% year over year as well. Its income from operations was $1.6 million, which is a $3.3 million increase over last year during the same period.

“The top line exceeded $38 million, which represented the highest quarterly revenues achieved by the Company since the same quarter two years ago in fiscal 2019. There is no question that demand is returning to all our businesses since the lows of last year and we have now seen steady quarterly revenue growth and overall improving bottom-line results since last year’s June quarter.”

Chairman and CEO of GEE Group, Derek Dewan

In the past few days JOB stock’s volume has been over 35 million compared to an average of 1.7 million. This is a clear indication of its popularity right now. Considering this, will JOB make your penny stock watchlist this week?

Advaxis Inc. (NASDAQ: ADXS)

Advaxis Inc. is a biotech penny stock that is showing solid signs of momentum right now. This company creates Listeria monocytogene antigen delivery products. Advaxis is involved in the discovery, development, and commercialization of these products. One of its products, ADXS-PSA is in Phase 2 clinical trials for metastatic prostate cancer. It also has trials for lung cancer, HPV, and other cancers. Because of its broadness, many investors continue to show interest in ADXS stock.

[Read More] 4 Penny Stocks To Watch That Are Exploding Today

Last month, the company provided its financial results and a business update for the third quarter of 2021. During this period it entered a definitive merger with Biosight Ltd. to advance its pipeline of clinical-stage oncology programs for solid tumors and hematological malignancies. The merger will create a public company operating as Biosight Therapeutics, and is expected to have about $50 million in cash, cash equivalents, and marketable securities at closing.

“We expect that the coming months will provide data readouts from our expanded off-the-shelf neoantigen program in both NSCLC and prostate cancer which will build upon our strong foundation of data show consistent clinical benefit, the potential to enhance and/or restore responsiveness to checkpoint inhibitors and on-mechanism innate and adaptive immune system stimulation.”

President and CEO of Advaxis, Kenneth A. Berlin

On October 25th, ADXS stock’s volume was nearly double its average in the market. With this in mind, does ADXS deserve a spot on your list of penny stocks to watch?

Penny_Stocks_to_Watch_Advaxis_Inc._(ADXS_Stock_Chart)

Ambev S.A. (NYSE: ABEV)

Ambev S.A. is a penny stock that we discussed frequently over the past year due to its consistent momentum and constant status as a trending penny stock. If you’re not familiar, this company offers soft drinks, alcoholic beverages, and food products in the Americas. Its alcohol brands include Skol, Extra, Budweiser, Stella Artois, Bud Light, Modelo Especial, and many more. Its non-alcoholic brands include Gatorade, Lipton, Pepsi, Canada Dry, and more. The company’s products are sold via third-party distributors and a direct distribution system as well.

On October 7th, it announced that it has created its first carbon-neutral brewery in Brazil. Its brewery in the South region of Brazil reduced its CO2 emissions by 90% and have offset the remaining 10%. It has invested $25 million into sustainable operations to date. Now by the end of 2021, the company intends to make four more of its breweries carbon neutral.

The VP of Sustainability and Procurement at Ambev, Rodrigo Figueiredo said, “Our path to carbon neutrality required bringing our partners and suppliers along in the journey. We continue to advance our commitment to go beyond our own operations to make a positive and lasting impact in our communities.” On October 25th, ABEV stock pushed up by 3.82% with higher than average volume. All things considered, is ABEV stock worth watching or not?

Penny_Stocks_to_Watch_Ambev_S

Which Trending Penny Stocks Are You Watching?

Finding the best trending penny stocks to buy is all about understanding where to look. With so many stocks to choose from in 2021, it can be difficult to pick just a handful for your watchlist.

[Read More] Hot Penny Stocks to Buy in November? 3 to Watch Next Month

However, because there are so many options, narrowing down your list can be a great way to stay ahead. With penny stocks, the one with the most information will always have the greatest advantage. Considering that, which trending penny stocks are you watching right now?

The post Top Trending Penny Stocks to Watch Next Month appeared first on Penny Stocks to Buy, Picks, News and Information | PennyStocks.com.

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Bond Market Crash Will Surprise Only The Uninformed

Bond Market Crash Will Surprise Only The Uninformed

By Bloomberg macro commentator and analyst Tommi Utoslahti

A global bond market meltdown is only a matter of time. One fine morning, traders will wake up to find all benchmark yields sharpl

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Bond Market Crash Will Surprise Only The Uninformed

By Bloomberg macro commentator and analyst Tommi Utoslahti

A global bond market meltdown is only a matter of time. One fine morning, traders will wake up to find all benchmark yields sharply higher, 10 to 20 basis points or more, and no buyers around.

Bond price indicators are flashing deep red right now, from decade-high inflation expectations to waning auction demand and whispers of depressed liquidity. Last week, the U.S. 5-year breakeven rate briefly topped 3% for the first time since the maturity was restarted in 2004
Bloomberg’s U.S. Treasury index is on track for its worst annual loss since 2009, and that’s only the beginning. Expect the Treasury 10-year yield to top 2%, Bunds to end their two-year trek in the sub-zero wilderness and Gilts to continue pushing higher toward levels last seen in 2018.

It’s not a taper tantrum. The time for that passed months ago, and the Fed’s well-telegraphed intention to start slowing its $120 billion monthly bond purchases at next week’s meeting is all baked in.

Bonds will collapse on investors’ delayed realization that inflation is here to stay, and won’t be tamed without serious policy tightening.

Equally serious concern stems from the fact that a big part of the recent inflation spike is supply-shock driven. Conventional policy tightening would do little to resolve supply-chain problems, leaving policy makers unable to directly influence rising prices.

If all that sounds unrealistic, or just a mere tail risk scenario, consider this: wagers for Bank of England rate hikes over the next year have been ramped up to more than 100 basis points in only a few weeks. A Hundred basis points! Saying that aloud would have been seen as a joke as recently as early September.

Perma-bulls often point out that yields fell following the 2013 taper tantrum. That is correct, but it only happened after the Treasury 10-year yield had surged about 140 basis points in four months and took well over a year to return to where it was before the selloff. A similar move now from August lows would take Treasuries above 2.5%.

The biggest difference is in the macro backdrop. In 2013, the headline U.S. inflation rate was well below 2% -- it’s been over 5% for five months now. The ISM index of prices paid for inputs is hitting levels not seen for a decade and the inflation expectations of the University of Michigan consumer survey are the highest since 2008.

Everyday consumer items are only about to get more expensive amid stubborn supply-chain disruptions. There’s an energy crunch brewing in many of the developed economies and crude oil appears more likely to hit $100 than fall back toward $50.

Fed Chair Powell on Friday said that “risks are clearly now to longer and more persistent bottlenecks”. Other Fed officials have earlier acknowledged that “transitory” has become a dirty word. And the global financial commentariat is now more often talking about “policy error.”

Treasury yields are now almost exactly where they were just before the 2013 taper tantrum or the 2016 reflation trade following Trump’s election victory. In both cases, yields eventually topped 3%.

Portfolio holders suddenly find themselves bracing for potentially massive losses. Duration hedging will only work to drive bond prices lower. The dollar should benefit from the dual tailwind of higher U.S. yields and haven demand.

Risk assets won’t be able to ignore severe bond market carnage. Earlier this year, when 10-year Treasuries were testing 1.70%, the S&P 500 index retreated about 5% before resuming its rally. Investors shouldn’t count on such a benign reaction this time. Wall Street near records and the VIX at its lowest since the pandemic started show that stocks are hopelessly unprepared for tighter funding conditions.

It’s not all gloom. Previous cycles have shown that the world economy can handle higher borrowing costs. Equities may even see firmer yields as a sign of a strong economy. But there’s no denying recalibration to higher yields after years of ultra-low rates will be a painful exercise for those not ready for it.

Tyler Durden Tue, 10/26/2021 - 09:50

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Tesla And Hertz – Whatever Next…

Tesla And Hertz – Whatever Next…

Authored by Bill Blain via MorningPorridge.com,

“Democracy is absolutely the worst form of government, except for anything else…”

Tesla’s rise into the $1 trillion club is extraordinary – proving…

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Tesla And Hertz – Whatever Next...

Authored by Bill Blain via MorningPorridge.com,

“Democracy is absolutely the worst form of government, except for anything else…”

Tesla’s rise into the $1 trillion club is extraordinary – proving that listening to what the momentum crowd is buying, while suspending disbelief and fundamental analysis is one road to success. Hertz is a lesson in seizing the moment – its stock gains and free publicity from its new EV fleet will likely exceed the cost of the cars!

As I write this morning’s Porridge I am going to try and not sound like a bitter and twisted old man….

I suppose today’s lesson today might be: “Don’t over think it.” Every morning I wake up and try to make sense of the market noise to discern the big forces acting on markets, the underlying rationales, what the numbers really mean, the potential arbitrages, and the direction of trade flow. But I wonder if I’m doing it wrong.

It’s not what I think that matters. The only thing that’s important is what the market thinks.

The market is simply a voting machine where suffrage is simply the price of a stock. If the market believes Donald Trump’s sight-unseen social media empire is worth billions, so be it. If the market believes Meme Stocks are worth trillions, so be it. Whatever the market believes.. so be it.

As so many clever economists and traders have spotted before me.. it’s the madness of crowds that matters. Over the last few years understanding Behaviours has proved far more useful than forensic accounting skills when it comes to stock picking.

I make the mistake of calling out the inconsistencies of the “drivers” like Adam Neumann, Cathie Wood, Elon Musk and the Eminence Noirs driving SPACs and funds – rather than understanding what makes them look so attractive, clever, clearsighted and intuitive to so many market participants. Promise most people you are going to make them unfeasibly rich – and they will listen.

I make the schoolboy error of asking.. how?

Life is full of regrets. If we let them define us – we truly would be miserable.

Do I regret dumping Tesla in the wake of the cave-diving comments scandal? I reckoned it was massively overpriced around $70. Ever since I have pontificated why it’s not worth a fraction of even that valuation. I don’t regret selling, but I acknowledge I’ve been wrong about the price. But not because I got the fundamentals wrong – I misread the crowd. Failing to understand the momentum was my failure. I am less wealthy than I could have been.

Tesla is worth a Trillion dollars plus. Elon Musk is the richest guy on the planet. These are facts.

Tesla, remarkably, has become a great auto-company. It makes good cars. It understands the logistics of super-charging networks. It has front-run the switch from ICE to EVs, making them mainstream, leading a massive industrial shift, and forced the rest of the sector to play catch up. It changed the perception of EVs from milk-carts to desirable luxury status symbols. It will successfully open new plants and sell more cars. It’s the number one selling car in Europe this quarter – possibly because no one else can get hold of chips!

Perversely, Tesla’s success demonstrates momentum can take a company to fundamental strength. For much of Tesla’s life, sceptics like myself predicted it would stumble and fall, brought down most-likely by apparently insurmountable production problems, its debt load, or regulation. It didn’t happen. Instead it survived, thrived and has been able to reap the momentum and build a strong balance sheet on the back of its extraordinary stock price gains. It could potentially acquire whole swathes of its rivals and supply chain.

It’s been an extraordinary climb from likely disaster to undeniable success – and the one constant has been the support of dedicated Tesla fans. Frankly, it flabbergasts me just how Elon got away with it… but he did.

At this point you are expecting a But…

But…. What would be the point?

In the mind of the crowd facts like how 10-year old Telsa only just started making profits on selling cars don’t matter. Its consistently made profits for the last 2.25 years – largely from selling regulatory credits. Prior to that… Tesla racked up losses. It has consistently failed to deliver so many promises on deliveries, automation and new models. None of these facts matter.

It’s what the market believes that matters.

So, there is no point looking at Tesla this morning and trying to explain how it’s worth a trillion – a multiple of the much larger and more profitable Toyota. Let’s not wonder  why many analysts reckon its going higher. There is no point trying to fathom why a $4.2bn order from newly out-of-bankruptcy Hertz caused the stock price to ratchet up $110 bln yesterday.

This morning analysts are predicting Tesla stock will go higher, building from the “breakthrough psychological level of $900, right through the key $1200 milestone level, and then the next level is $1500.” There was nary a mention of its PE, fundamentals, margins or such irrelevancies… just that its going higher.

Meanwhile…

The Hertz trade is fascinating – Hertz has generated tremendous publicity for its re-launch, and enough stock upside to pay for the cars! It steals a march on any other hire firm wanting to build a fleet of EVs. Hertz went bust early in the pandemic and sold its whole fleet. But, as signs of economic recovery first appeared it became the perfect recovery play. After a bidding war, it was bought out from bankruptcy and restarted with a clean sheet. It now has its very own army of meme stock proponents. Its stock price has more than doubled to $12 on the OTC market.

The fact car hire firms are vulnerable businesses in a highly competitive market, or there are now literally hundreds of new EV makers, in addition to the incumbent ICE auto-manufacturers – all now competing in the EV space for Tesla’s lunch – doesn’t matter.

For now.

Always bear in mind Blain’s Market Mantra no 1: The Market has but one objective: to inflict the maximum amount of pain on the maximum number of participants.

Tyler Durden Tue, 10/26/2021 - 08:00

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