BOAT ETF

International Seaways' tanker market outlook is positive, driven by strategic fleet management amid global oil demand growth and geopolitical concerns. Maintaining a robust balance sheet with below 15% leverage, enabling flexibility for potential asset acquisitions and shareholder returns.

Technology remained the best-performing sector of the second quarter on the AI drive, while energy lagged.

Wall Street has delivered a moderate performance in the second quarter of 2024. Among the pool of winning ETFs, those employing option strategy yielded smartly and offered substantial gains.

Wall Street was moderately upbeat last week. Notably, NVIDIA stock hit a record but eventually succumbed to a slowdown due to profit booking.

Wall Street has delivered moderate performance in Q2 of 2024, with April being a down month, while May and June stand out as up months.

Wall Street has been hovering around a record high.

Shipping stocks have lagged behind the S&P 500 over the last ten years, but have performed better than the overall market so far this year. The SonicShares Global Shipping ETF offers diversified exposure to container and energy shipping industries on a global scale, using a modified cap-weighted structure. These stocks tend to have unstable profits, so the ideal time to invest is when they are undervalued and facing challenges.

Exchange-traded funds that track shipping stocks were surging on Friday after U.S.-led militaries launched airstrikes on Yemen's Houthi rebels in response to their attacks on Red Sea shipping, fueling market concerns about the Israel-Hamas war widening into a broader conflict in the Middle East that could prompt further spike in oil prices and in the cost of shipping.

Last week, Wall Street snapped its nine-week win streak, marking the end of their longest consecutive weekly run in the green since 2004.