ETF Trends CEO Tom Lydon discussed the VanEck Vectors Social Sentiment ETF (BUZZ) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. The BUZZ ETF holds 75 stocks with at least a $5 billion market cap generating the most social media mentions. The ETF made headlines when influential Barstool Sports [...] Read more at ETFtrends.com.
Wall Street has responded positively to the euphoria surrounding the fresh round of stimulus and progress in coronavirus vaccine rollout. In fact, the Dow Jones Industrial Average Index, which seems to be benefiting the most from the economic recovery optimism rallied 1.5% to clo
By Roman Chuyan, CFA In this article, I review the recent rise in yields and in inflation expectations, and what it might mean to bond and equity investors. Treasury yields have jumped sharply so far in 2021 on concerns about rising inflation. The 10-year yield jumped by around 60 basis points to 1.55%, and the [...] Read more at ETFtrends.com.
A rosier outlook for economic growth and oil demand could fuel gains in energy sector-related exchange traded funds this year. According to the Organization of Petroleum Exporting Countries’ recent monthly report, the global oil demand forecast was upwardly revised by as much as 200,000 barrels a day, the Wall Street Journal reports. The oil cartel [...] Read more at ETFtrends.com.
By Robert Smith, President & CIO of Sage Advisory It is said that everything is bigger in Texas and so it goes for its winter storms. The devastating winter storm known as Uri arrived on the country’s President’s Day weekend bringing damaging ice and snow across Texas and the southwest region. As climatic events go [...] Read more at ETFtrends.com.
Crude ETFs are gaining ground for a second day in a row, as energy complexes climb amid news that OPEC’s crude oil production fell by 650,000 barrels per day (bpd) in February, the cartel’s Monthly Oil Market Report (MOMR) showed on Thursday. According to secondary sources, which OPEC considers lawful for measuring production and compliance, [...] Read more at ETFtrends.com.
U.S. consumer prices witnessed a solid increase in February, resulting in the largest annual gain in a year, but the underlying inflation remained lukewarm amid still-sloth demand for services like airline travel. Consumer prices in the United States increased 0.4% sequentially
Traders looking for a bounce back opportunity in technology after inflation sell-offs might be missing another opportunity in industrials. One fund to look at for leveraged gains is the Direxion Daily Industrials Bull 3X Shares (DUSL). “Industrial stocks are breaking out as the strengthening economy draws capital away from large technology stocks like Apple and [...] Read more at ETFtrends.com.
As the global economy continues to heal, investors have been snatching up small cap equities in anticipation of another bull market run. Value has also blazed a comeback trail. Investors can get both small caps and value in the Vanguard S&P Small-Cap 600 Value Index Fund ETF Shares (VIOV). While falling out of favor in [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded fund rallied Thursday, with the S&P 500 and Dow Jones Industrial Average reaching toward record highs. Technology stocks surged as concerns over rising inflation abate. On Thursday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 2.6%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) gained 0.9%, and iShares Core S&P [...] Read more at ETFtrends.com.
Precious metals saw some positive news during Wednesday’s trading session, which could help move silver prices out of their sideways consolidation phase and see ETFs like the Invesco DB Silver Fund (DBS) resume an upward trajectory. Precious metals investors will be keeping a keen eye on inflation. Fears of rising inflation have helped to spark heavy [...] Read more at ETFtrends.com.
The SPDR— Portfolio MSCI Global Stock Market ETF is seeing unusually high volume in afternoon trading Thursday, with over 879,000 shares traded versus three month average volume of about 59,000. Shares of SPGM were up about 1.4% on the day.
Energy is the best performing sector this year, after underperforming the broader market for many years. The Energy Select Sector SPDR Fund (XLE) has surged 41% in 2021.
If you are an ardent follower of market sentiments before making investment decisions, you can now have a bunch of such trending stocks in one basket. The product is VanEck Vectors Social Sentiment ETF BUZZ. The fund was launched on Mar 2, 2021. Let’s delve a little deeper.
Cloud computing thrived during a pandemic-ridden 2020, and that strength is expected to continue, making it a premier option for investors looking to diversify their portfolio with ETFs like the Global X Cloud Computing ETF (CLOU). “One fast-growing segment of the tech sector that has proven itself out in recent years, however, involves cloud computing [...] Read more at ETFtrends.com.
Stocks and index ETFs jumped again on Thursday, with two of the key averages reaching new highs, as investors piled back into tech stocks amid dampening interest rate concerns. The S&P 500 climbed 1.44% to hit an all-time high for the first time in nearly a month. Meanwhile, the Dow Jones Industrial Average also added [...] Read more at ETFtrends.com.
A vaccine rally has put gold investing on the backburner, but as prices for the precious metal start to steady themselves, look for the VanEck Merk Gold Trust (OUNZ) to regain its strength. One thing gold investors are eyeing is inflation numbers. “The gold market is seeing a steady rise and continues to hold healthy gains [...] Read more at ETFtrends.com.
An array of disruptive technology and thematic exchange traded funds soared last year due to coronavirus pandemic, providing some silver lining for investors amid one of the worst global health crises on record.
In recent trading, shares of Shell Midstream Partners LP (Symbol: SHLX) have crossed above the average analyst 12-month target price of $12.86, changing hands for $13.34/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg