The iShares Global Healthcare ETF is seeing unusually high volume in afternoon trading Friday, with over 392,000 shares traded versus three month average volume of about 158,000. Shares of IXJ were off about 0.4% on the day.
There is much near-term uncertainty about the crisis in Ukraine and its impact on emerging market economies. However, the current environment offers an opportunity for investors to reallocate to local markets at an opportune time from a valuation perspective. “We believe emerging markets are well positioned to withstand the current geopolitical and economic shocks since [...] Read more at ETFtrends.com.
Despite the Federal Reserve raising interest rates on Monday by 0.25%, institutional investors and analysts are forecasting even more aggressive rate hikes this year that could see interest rates ending the year above 2%, reports the Financial Times. Goldman Sachs is forecasting that the 10-year yield will hit 2.7% by the end of the year, [...] Read more at ETFtrends.com.
As inflationary pressures continue to weigh heavy on the capital markets, they’re giving bullish gold investors an opportunity to capitalize on the precious metal’s upside. In addition to inflation, geopolitical tensions in Ukraine are also fueling a flight to safe haven assets. During Thursday’s trading session, gold hit a one-week high as market uncertainty continues [...] Read more at ETFtrends.com.
Concerns over Fed interest rate increases continue, with the 10-year U.S. Treasury yield hitting 2.503%, a two-year high, in trading on Friday, and the two-year yield hit a high of 2.259%, reports CNBC. Goldman Sachs has increased expectations for a 50-basis-point increase to twice this year, once in May and once in June, while Bank of [...] Read more at ETFtrends.com.
Indian Finance Minister Nirmala Sitharaman succeeded at getting his crypto tax proposal passed, meaning that Indians will begin paying capital gains taxes of 30% on crypto transactions effective April 1st. “This is not conducive for the government or the crypto ecosystem of India, it is poised to do more harm than good,” said WazirX CEO [...] Read more at ETFtrends.com.
The world is on high alert for the threat of cyber attacks coming out of Russia, which means that taking the necessary precautions in cybersecurity should provide growth opportunities for investors. Western sanctions against Russia following its invasion of Ukraine could mean retaliatory measures against these countries, including the United States. The Federal Bureau of [...] Read more at ETFtrends.com.
Invesco’s energy-focused funds have seen huge gains so far this year as oil prices have soared. The Invesco DB Oil Fund (DBO) is up nearly 31% year-to-date, while the Invesco Dynamic Energy Exploration & Production ETF (PXE) and the Invesco Dynamic Oil & Gas Services ETF (PXJ) are each up roughly 45% since the beginning of the year. [...] Read more at ETFtrends.com.
Real assets have been a prime way to hedge against rising inflation, and that should continue for some time, as more rate hikes are expected throughout the year. “With inflation reaching levels not seen in decades, real estate remains an attractive investment option,” a Realty Biz News article says. “Inflation has been a top concern [...] Read more at ETFtrends.com.
Climate change remains an ever-present looming elephant in the room, and the Russia-Ukraine war highlights concerns around the ongoing energy crisis and energy transition. There have been a bevy of funds that have sprung up around the transition to a net-zero emissions way of life, from carbon credits to divesting from the worst offenders, but [...] Read more at ETFtrends.com.
In trading on Friday, shares of the Vanguard Large-Cap ETF (Symbol: VV) crossed above their 200 day moving average of $208.08, changing hands as high as $208.19 per share. Vanguard Large-Cap shares are currently trading up about 0.3% on the day. The chart below shows the one
The Nasdaq 100 entered bear territory amid Russia’s invasion of Ukraine, but has been rallying as of late. Within the past month, the index is up close to 6%, but down about 9% for the year. Of course, when there’s volatility, there’s also opportunity. When traders want amplified exposure to the market movements in the [...] Read more at ETFtrends.com.
In trading on Friday, shares of the ProShares S&P MidCap 400 Dividend Aristocrats ETF (Symbol: REGL) crossed above their 200 day moving average of $71.34, changing hands as high as $71.80 per share. ProShares S&P MidCap 400 Dividend Aristocrats shares are currently tra
In trading on Friday, shares of the MINT ETF (Symbol: MINT) entered into oversold territory, changing hands as low as $100.22 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Friday, shares of the iShares 5-10 Year Investment Grade Corporate Bond ETF (Symbol: IGIB) entered into oversold territory, changing hands as low as $54.33 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical ana
In trading on Friday, shares of the DIREXION DAILY STANDARD AND POORS 500 BULL 3X SHARES ETF (Symbol: SPXL) crossed above their 200 day moving average of $119.59, changing hands as high as $120.53 per share. DIREXION DAILY STANDARD AND POORS 500 BULL 3X SHARES shares are curre
In trading on Friday, shares of the iShares S&P Small-Cap 600 Value ETF (Symbol: IJS) crossed above their 200 day moving average of $102.82, changing hands as high as $103.39 per share. iShares S&P Small-Cap 600 Value shares are currently trading up about 1.1% on the d
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Value Line Dividend Index Fund (Symbol: FVD) where we have detected an approximate $475.5 million dollar inflow -- that's a 3.7% increas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Aerospace & Defense ETF (Symbol: ITA) where we have detected an approximate $247.6 million dollar inflow -- that's a 7.3% increase
In recent trading, shares of Commercial Metals Co. (Symbol: CMC) have crossed above the average analyst 12-month target price of $42.80, changing hands for $43.36/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on