The e-commerce industry, which has been strengthening for several years, can serve as a multi-sector play on strong consumer spending combined with rapid technology growth. E-commerce has grown steadily in the mid-teen percentage range since 2010, but the COVID-19 pandemic pulled forward e-commerce growth to the high 30% range throughout the end of 2020, according [...] Read more at ETFtrends.com.
MPLX LP (NYSE: MPLX) has established a new 2030 target to reduce methane emissions intensity by 75% below 2016 levels. The reduction target applies to MPLX’s natural gas gathering and processing operations and represents an expansion of the company’s existing 2025 target to reduce methane emissions intensity by 50% below 2016 levels, according to a [...] Read more at ETFtrends.com.
Silver is primed for a big breakout. January saw the price of silver swing wildly, but despite that, demand for the metal is up, with January seeing the U.S. mint 5 million ounces of silver in January, the best start to a year since 2017. Silver coin sales are up 4.6%. “Overall, we continue to [...] Read more at ETFtrends.com.
The coal mines of Britain played a significant role in the development of industry, but now with so many abandoned and all set to be closed by October 2024, the U.K. is looking into alternative uses for the mines, reports CNBC. It’s part of a worldwide trend of moving to sustainability and emission reduction, with [...] Read more at ETFtrends.com.
Despite headwinds related to the ongoing pandemic, we see signs that the U.S. economy’s growth endures. The strong January jobs report is just one example of this continued economic strength. While the January jobs report beat expectations, we do not put much weight on any single monthly report due to the statistical noise and other [...] Read more at ETFtrends.com.
Shares of Block (NYSE:SQ), the fintech company formerly known as Square, shed more than a third of their value year-to-date, but some analysts say that this decline is a case of too much too soon and that the stock has rebound potential. Should the downtrodden stock bounce back, a rally could benefit an array of [...] Read more at ETFtrends.com.
Chinese ride-hailing giant Didi Global found controversy following its $4.4 billion initial public offering last June, but some big-name investors see value in the beaten-up stock, and that positive sentiment could have implications for some well-known U.S.-listed exchange traded funds. Last week, Tencent Holdings (OTC:TCEHY), China’s biggest internet company, gobbled up shares of Didi last [...] Read more at ETFtrends.com.
You could be forgiven for not noticing that BlackRock, the world’s largest ETF and index product manager, appointed a new chief investment officer. After all, most of us aren’t in the business of following corporate strategy shifts in our asset managers. This time, however, it’s worth paying attention. Samara Cohen started at BlackRock the same [...] Read more at ETFtrends.com.
In trading on Monday, shares of the Vanguard Intermediate-Term Corporate Bond ETF (Symbol: VCIT) entered into oversold territory, changing hands as low as $88.56 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis in
In trading on Monday, shares of the First Trust Tactical High Yield ETF (Symbol: HYLS) entered into oversold territory, changing hands as low as $46.0016 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Monday, shares of the iShares Broad USD Investment Grade Corporate Bond ETF (Symbol: USIG) entered into oversold territory, changing hands as low as $56.563 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical an
In trading on Monday, shares of the iShares 1-5 Year Investment Grade Corporate Bond ETF (Symbol: IGSB) entered into oversold territory, changing hands as low as $52.645 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical ana
In trading on Monday, shares of the First Trust Capital Strength ETF (Symbol: FTCS) entered into oversold territory, changing hands as low as $75.48 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
In trading on Monday, shares of the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) entered into oversold territory, changing hands as low as $96.39 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Monday, shares of the Vanguard Short-Term Treasury ETF (Symbol: VGSH) entered into oversold territory, changing hands as low as $59.90 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
In trading on Monday, shares of the BlackRock Ultra Short-Term Bond ETF (Symbol: ICSH) entered into oversold territory, changing hands as low as $50.24 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator us
In trading on Monday, shares of the iShares— iBonds— Dec 2024 Term Corporate ETF (Symbol: IBDP) entered into oversold territory, changing hands as low as $25.41 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical
In trading on Monday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) entered into oversold territory, changing hands as low as $124.02 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analy
Crown Castle International Corp (Symbol: CCI) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 3.5% yield, as well as being recognized by prominent asset managers a