Investors face a challenging outlook for 2024, with estimates of further U.S. economic slowing heading into the new year. It remains to be seen if slowing translates to a full-on recession or if the U.S. sidesteps recession in 2024. Blue chip stocks offer a haven in difficult market periods, generating reliable income for investors. The [...]
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WisdomTree announced today the launch of the WisdomTree Bianco Total Return Fund (WTBN) on the Nasdaq. WTBN is a fund of funds that uses a market-efficient strategy based on macro and fundamental factors. The ETF seeks to track the price and yield performance, before fees and expenses, of the Bianco Research Fixed Income Total Return [...]
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Midstream ETFs have had a strong showing in 2023, with the segment poised to outperform the broader energy sector for the year. MLPs/midstream have been strengthened by their defensive qualities, M&A activity, and positive dividend growth this year. Midstream investments are favored for their history of providing generous income and compelling returns to investors. The [...]
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It looks increasingly likely that the Federal Reserve has come to the end of its rate hike cycle. In fact, many believe that the U.S. central bank will begin cutting rates in 2024. According to BondBloxx, a scenario in which the Fed lowers rates would serve intermediate Treasuries well. “We do not anticipate any further [...]
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The iShares MSCI Emerging Markets Asia ETF is seeing unusually high volume in afternoon trading Thursday, with over 423,000 shares traded versus three month average volume of about 48,000. Shares of EEMA were up about 1.9% on the day.
ProShares launched the ProShares S&P 500 High Income ETF (ISPY) on the Cboe BZX Wednesday. With ISPY, investors can seek high income and target S&P 500 returns over the long term. ISPY seeks investment results, before fees and expenses, that track the performance of the S&P 500 Daily Covered Call Index. The index’s strategy combines a [...]
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In trading on Thursday, the Invesco Solar ETF is outperforming other ETFs, up about 4.4% on the day. Components of that ETF showing particular strength include shares of Maxeon Solar Technologies, up about 10.5% and shares of Daqo New Energy, up about 8.3% on the day.
As is often the case, high interest weighed on the real estate sector this year. The S&P Select Real Estate Index is higher by 7.61% year to date, but that trails the S&P 500 by a wide margin. Additionally, that gauge is higher by 10.48% over the past month — a period in which chatter [...]
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Inflation isn’t stopping consumers from spending this holiday season. And that means retail numbers could be much better than anticipated. That said, traders may want to err on the side of bullishness for retail sector plays in 2024 when final shopping numbers are revealed. The anticipation of lower interest rates in 2024 could also be [...]
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KB Asset Management has launched an ETF that targets the battery and battery recycling market. The MAST Global Battery Recycling and Production ETF (NYSE Arca: EV) targets companies that comprise the Indxx Global Battery Recycling and Production Index. EV invests in companies involved in the business of battery recycling and manufacturing. It also targets companies [...]
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The U.S. equities market has been the default play amid global uncertainty from geopolitical factors and macroeconomic headwinds. That said, international equities could benefit in a 2024 market by rate cuts implemented by central banks around the world. High interest rates have tamped down growth expectations for international equities. International assets, in developed and undeveloped [...]
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With 2023 drawing to a close, investors and advisors can reflect on the narratives that carried the day. At the same time, it’s important to consider what narratives may or may not have a meaningful impact on portfolios next year. Major asset managers often release outlooks that attempt to assess just that. T. Rowe Price’s [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core Total USD Bond Market ETF (Symbol: IUSB) where we have detected an approximate $165.3 million dollar inflow -- that's a 0.7% increase w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JETS ETF (Symbol: JETS) where we have detected an approximate $91.7 million dollar outflow -- that's a 4.9% decrease week over week (from 98,600,000
Exchange Traded Concepts announced the launch of the Bancreek U.S. Large Cap ETF (NYSE Arca: BCUS). The fund began trading on the New York Stock Exchange Thursday. BCUS is an actively managed ETF that seeks long-term capital appreciation. The fund’s managers invest in equity securities of companies they think exhibit characteristics of structurally advantaged business [...]
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In trading on Thursday, shares of the ProShares Short S&P500 ETF (Symbol: SH) entered into oversold territory, changing hands as low as $13.03 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Thursday, shares of the ProShares UltraPro Short QQQ ETF (Symbol: SQQQ) entered into oversold territory, changing hands as low as $13.57 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator use
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust Global Tactical Commodity Strategy Fund (Symbol: FTGC) where we have detected an approximate $76.7 million dollar outflow -- that's a 3.