Volatility has been generally subdued so far this year. In the latest rebalance, the S&P 500® Low Volatility Index’s most significant sector shift was to Financials (adding 5% to bring the sector to 21% of the index). Allocation in the remaining sectors did not deviate too far from the last rebalance. Technology’s weight, which increased Read more […]
In the latest quarterly rebalance (effective at market close on May 19, 2017), the S&P 500 Low Volatility Index added more weight from the technology sector. The jump from 7% to 12% is the largest increase for any sector. Meanwhile, the index continued to shed weight in Consumer Staples and Utilities, historically the stalwarts of Read more […]
Despite posting second quarter 44% earnings growth, Apple declined 4.3% on Wednesday July 22. According to S&P Capital IQ, 33% sales growth was more modest than expected and the company’s third-quarter revenue guidance was below Capital IQ consensus. Further, iPhone and iPad shipments were weaker than expected. As the largest company in the U.S., with Read more […]
