Top ETFs This Week As Markets Anticipate Strong Earnings
- Date: 26-Jan-2021
- Source: Forbes
- Sector:Financial Markets
- Country:Middle East
Top ETFs This Week As Markets Anticipate Strong Earnings
getty
Although investors continue to wrestle between optimism and pessimism, they are anticipating strong earnings this week. Despite a raging pandemic, clunky vaccination process, and a stalling economic recovery, earnings thus far have impressed, and may continue to do so this week. Combine that with potentially trillions of stimulus dollars on the horizon, and we may have a stronger case for a bull market than a bear market, despite some very real headwinds. The short-term could potentially be a bumpy road, but a good way to manage these concerns while diversifying your portfolio is through investing in ETFs. Q.ai's deep learning algorithms have identified several ETFs to look out for this week based on their fund flows over the last 90-days, 30-days, and 7-days. We have identified two Top Buys, one Attractive three Neutrals, and two Top Shorts this week.
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Top Buy
ARK Innovation ETF (ARKK)
For the second week in a row, our first Top Buy ETF is the ARK Innovation ETF
ARKK
. This ETF focuses on holding companies