Top Performing Levered/Inverse ETFs Last Week These were last week’s top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (NRGU) MicroSectors U.S. Big Oil Index 3X Leveraged ETN 18.13% (OILU ) MicroSectors Oil & Gas Exp. & Prod. 3x [...] Read more at ETFtrends.com.
Single stock halts, also knowns as “Limit up/Limit down” (LULD), are one of the important market guardrails designed to stop feedback loops in today’s electronically traded markets generating erroneous prices or unnecessary volatility in stocks.
ESG investing has surged in popularity in recent years, but the lack of government oversight in the U.S. means that ESG can mean something completely different between investment products. “There is no SEC “rating” or “score” of E, S, and G that can be applied across a broad range of companies, and while many different [...] Read more at ETFtrends.com.
EMQQ has donated $88,888 to several organizations through its “EMQQ EVOLVES” program, an operational model that the team launched in 2021 to create sustainable business operations for the company and advance its environmental, social, and governance efforts. Part of EMQQ EVOLVES includes making annual donations to organizations advancing environmental issues in a way that reflects EMQQ’s [...] Read more at ETFtrends.com.
With the CPI releasing for January and revealing the biggest gain in inflation in 40 years, advisors and investors are being forced to take a hard look at their allocations to see if their portfolios are ready for a rising rate environment. While the cost of rising prices within supply chains forces companies to raise [...] Read more at ETFtrends.com.
The European Commission is considering adding shipping into carbon markets in what would be a first after years of disagreement, reports Reuters. It’s a hotly contested and complex issue, but the root cause of folding in the shipping industry is because roughly 3% of the world’s carbon emissions accounts for 90% of global transport by sea. [...] Read more at ETFtrends.com.
Cannabis stocks and sector-related exchange traded funds are blazing. Among the better-performing non-leveraged ETFs of Thursday, the ETFMG Alternative Harvest ETF (NYSEArca: MJ) advanced 0.1%, the Cambria Cannabis ETF (TOKE) increased 0.2%, the Global X Cannabis ETF (NASDAQ: POTX) surged 1.2%, the AdvisorShares Pure Cannabis ETF (YOLO) was 0.1% lower, the Amplify Seymour Cannabis ETF (NYSEARCA: CNBS) fell 0.5%, and [...] Read more at ETFtrends.com.
Micron Technology, Inc. (NasdaqGS: MU) jumped Thursday, but it was not enough to keep the broader semiconductor sector-related exchange traded funds afloat amid a broader down market. On Thursday, the iShares PHLX Semiconductor ETF (NasdaqGS: SOXX) fell 3.5%, Invesco PHLX Semiconductor ETF (SOXQ) dropped 3.5%, and VanEck Vectors Semiconductor ETF (SMH) declined 3.3%. Meanwhile, Micron [...] Read more at ETFtrends.com.
Disney (NYSE: DIS) helped support media and communication services-related exchange traded funds after posting better-than-expected fourth-quarter results and fueling optimism over its foray into online streaming. On Thursday, the Roundhill Streaming Services & Technology ETF (NYSE ARCA: SUBZ) was down 0.4%, Invesco Dynamic Media ETF (PBS) fell 1.1%, and iShares Evolved U.S. Media and Entertainment ETF [...] Read more at ETFtrends.com.
Sprott market strategist Paul Wong issued a new monthly report delving into gold’s performance in January. Spot gold shed $32.03 of value, or 1.75%, closing the month at $1,797.17/oz. The yellow metal had nearly hit $1,850 before a particularly hawkish January Federal Open Market Committee meeting caused it to tumble more than $50 as the [...] Read more at ETFtrends.com.
Midstream has continued to rally on strong demand and energy prices this year, with advisors expecting energy to be the trend of the year, but today might be an opportunity to buy in while the price is a little below its recent highs. In the wake of broader equity market volatility last week, the Alerian [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the STPZ ETF (Symbol: STPZ) entered into oversold territory, changing hands as low as $53.925 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
In trading on Thursday, shares of the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) entered into oversold territory, changing hands as low as $135.84 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
In trading on Thursday, shares of the SCHP ETF (Symbol: SCHP) entered into oversold territory, changing hands as low as $60.047 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
In trading on Thursday, shares of the iShares 10-20 Year Treasury Bond ETF (Symbol: TLH) entered into oversold territory, changing hands as low as $138.57 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
Treasury bond exchange traded funds are retreating, with benchmark 10-year yields breaking above 2% for the first time since 2019. On Thursday, the iShares 7-10 Year Treasury Bond ETF (IEF) fell 0.5%, and the iShares 20+ Year Treasury Bond ETF (NasdaqGS: TLT) decreased 1.0%. On benchmark 10-year Treasury notes, Yields rose to 2.017%, while yields [...] Read more at ETFtrends.com.
Within the thematic space, the e-commerce industry can serve as a multi-sector play on strong consumer spending combined with rapid technology growth. As many investors know, e-commerce has been strengthening for several years, supported by mobile and internet penetration. E-commerce has grown steadily in the mid-teen percentage range since 2010, but the COVID-19 pandemic pulled [...] Read more at ETFtrends.com.
The CBOE Volatility Index and VIX-related exchange traded funds climbed Thursday as investors dumped risk assets on uncertainty over the Federal Reserve’s reaction to accelerating headline inflationary pressures. Among the best-performing non-leveraged ETFs of Thursday, the iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 8.6%, and the ProShares VIX Short-Term Futures [...] Read more at ETFtrends.com.
Apple has announced that it will be offering its new service, Tap to Pay for iPhones, later this year. The new feature will allow businesses and merchants to use the iPhone as a point-of-sale option via contactless payments, reports CoinTelegraph. The new service will use near-field communication technology and as of now will include its signature [...] Read more at ETFtrends.com.
Industry experts have predicted that travel in 2022 will surge beyond pre-pandemic times, with many consumers ready to resume travel after holding off for almost two years. Underlying passenger flight data suggests that bookings and consumer demand are strong, and most of the current capacity issues seem relatively short-term compared to 2020 and early 2021 [...] Read more at ETFtrends.com.