Global X Cloud Computing ETF Global X Cloud Computing ETF [CLOU] Stock Forecast

The S&P 500 and the Nasdaq hit highest level since August. The Nasdaq 100 hits its highest in about two years after November spike.

Investing areas like small-caps, technology, fintech, real estate and emerging markets gained materially on softer U.S. jobs data as it strengthened chances of a dovish Fed, going forward.

If you're interested in broad exposure to the Technology - Cloud Computing segment of the equity market, look no further than the Global X Cloud Computing ETF (CLOU), a passively managed exchange traded fund launched on 04/12/2019.

Ironically, the time of ghouls and ghosts often turns out to be a time of angels for Wall Street. This is thanks to the Halloween Effect, which normally brightens the financial markets.

CLOU ETF: Betting On Cloud Growth

Hi! In this week's ETF Wrap, you'll see how investor demand for tech and artificial-intelligence ETFs this year pales in comparison with their strong performance.

While September's history might suggest a downtrend for stocks, several upbeat factors challenge the convention this year.

Last week, the VettaFi AI Symposium was one of the more popular places to be in the days before Labor Day. We had more than 1,200 people registered with over 650 live attendees (many more of you will catch the replay).

Launched on 04/12/2019, the Global X Cloud Computing ETF (CLOU) is a passively managed exchange traded fund designed to provide a broad exposure to the Technology - Cloud Computing segment of the equity market.

August was a downbeat month for Wall Street mainly due to rising rate worries. Still some analysts are of the opinion that this the time to buy the dip in U.S. stocks.