Stocks and index ETFs slipped on Friday amid surging bond yields, reigniting concerns that rising rates will damage the rise in equities, especially tech names. Rollover in the stock index futures may also be contributing to the decline. The S&P 500 fell 0.4%, before paring those losses, slipping from a record high scored on Thursday. [...] Read more at ETFtrends.com.
Getting exposure to the current rally in oil prices could be as easy as seeking a pure oil play. But investors can also opt to refine their choices further with ETFs like the VanEck Vectors Oil Refiners ETF (CRAK). As the global economy continues the healing process, oil refiners could prosper. “In 2021, the impact of [...] Read more at ETFtrends.com.
Gold is normally disliked by a section of investors because the asset is non-interest bearing. In the current scenario where rates are rising thanks to growing vaccine distribution and hefty stimulus under Biden's administration, gold investing has fallen short even more.
Up almost 170% the past year, it’s easy to see why the Invesco S&P SmallCap 600 Revenue ETF (RWJ) exemplifies the small cap rally, but this particular fund also focuses on those companies with strong revenue generation abilities. RWJ seeks to track the investment results of the S&P SmallCap 600 Revenue-Weighted Index. The fund will invest [...] Read more at ETFtrends.com.
Oil prices don’t look to be letting up, so when momentum is this strong, it’s best to continue riding the rally with ETFs like the iShares U.S. Oil & Gas Exploration & Production ETF (IEO). First, a surprise oil production cut by Saudi Arabia earlier this year propelled oil higher and now, it’s a weaker [...] Read more at ETFtrends.com.
With March Madness just around the corner, Invesco has been named as the official asset management partner of the NCAA while the Invesco QQQ ETF (QQQ) has been named the NCAA’s official ETF this year. Invesco is using innovation to bring the excitement of March Madness to a digital audience of college basketball fans to build a connection [...] Read more at ETFtrends.com.
Copper prices have been on a tear, but some analysts are already calling a top for copper in 2021. Investors may want to extract the last bit of gains out of ETFs like the Global X Copper Miners ETF (COPX). “Copper headlines have been everywhere lately, with the economic recovery and a move toward green [...] Read more at ETFtrends.com.
Inflation fears took a step back this week, but the threat of rising Treasury yields has certainly not evaporated. If that’s the case, it could help to be a bear on benchmark Treasury notes using the Direxion Daily 20+ Yr Trsy Bear 3X ETF (TMV). TMV seeks daily investment results before fees and expenses of 300% [...] Read more at ETFtrends.com.
It’s been a year since the World Health Organization declared COVID-19 a pandemic, which brought the economy to a standstill and led to a crash in the stock markets. Though the U.S. economy is far from pre-pandemic levels, it has shown solid improvement from the pandemic-led lo
As has been widely noted, energy is the best-performing group in the S&P 500 to this point in 2021. That’s giving rise to master limited partnerships (MLPs) and the ALPS Alerian MLP ETF (NYSEArca: AMLP). AMLP seeks investment results that correspond generally to the price and yield performance of its underlying index, the Alerian MLP [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares U.S. Treasury Bond ETF (Symbol: GOVT) entered into oversold territory, changing hands as low as $26.20 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Friday, shares of the iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) entered into oversold territory, changing hands as low as $113.765 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
In trading on Friday, shares of the WisdomTree Yield Enhanced U.S. Aggregate Bond Fund ETF (Symbol: AGGY) entered into oversold territory, changing hands as low as $51.341 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical a
In trading on Friday, shares of the Vanguard Intermediate-Term Bond ETF (Symbol: BIV) entered into oversold territory, changing hands as low as $88.87 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator use
In trading on Friday, shares of the Vanguard Long-Term Bond ETF (Symbol: BLV) entered into oversold territory, changing hands as low as $97.14 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to mea
In trading on Friday, shares of the iShares Core U.S. Aggregate Bond ETF (Symbol: AGG) entered into oversold territory, changing hands as low as $113.743 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Friday, shares of the SCHZ ETF (Symbol: SCHZ) entered into oversold territory, changing hands as low as $53.89 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
In trading on Friday, shares of the SCHR ETF (Symbol: SCHR) entered into oversold territory, changing hands as low as $56.58 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
In trading on Friday, shares of the Vanguard Total Bond Market ETF (Symbol: BND) entered into oversold territory, changing hands as low as $84.61 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
Small miners can mean big returns in the gold mining space, and when prices rebound, investors may want to consider the Sprott Junior Gold Miners ETF (NYSEArca: SGDJ). SGDJ tracks small cap gold miners, but weighs its components based on revenue growth and price momentum. The ETF focuses on price momentum, which helps identify leading [...] Read more at ETFtrends.com.