JOET Virtus Terranova U.S. Quality Momentum ETF Loading... : Investor Sentiment and Bull/Bear Views

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18:26
Jun 16
Joe Terranova Senior Managing Director, Virtus Investment Partners CNBC
Buy momentum across sectors
Momentum is the right strategy now as capital is rotating out of energy and defensive positions, flowing into a wide variety of areas with 52-week highs. The S&P equal weight is at a record, and momentum can be found in both AI/semiconductors and non-tech names like Caterpillar, Edwards Lifesciences, Monster Beverage, and Williams-Sonoma. The JOE T ETF (JOET) holds these names and benefits from this broadening momentum trade.
JOET 2ND
HIGH
18:44
Jan 05
Joe Terranova Senior Managing Director, Virtus Investment Partners CNBC
Equal weight benefits from market broadening
The market is pivoting toward a broadening-out narrative that benefits equal-weight exposure, with capital coming back into the market at the turn of the calendar; this does not have to come at the expense of NVIDIA, Amazon, or the Mag 7.
JOET 1ST
HIGH

About JOET Investor Commentary

Across the available history and selected sources, Buzzberg tracks JOET (Virtus Terranova U.S. Quality Momentum ETF) across 1 sources: 2 bullish vs 0 bearish calls from 1 authors. Historical directional balance: 100% = 100 × (bullish − bearish) / all deduplicated idea records, including other directions. This is neither a probability of a price rise nor the share of bullish authors. 2 total trade ideas tracked. Latest voices: Joe Terranova.