In trading on Thursday, shares of the First Trust Nasdaq Cybersecurity ETF (Symbol: CIBR) entered into oversold territory, changing hands as low as $42.10 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
In trading on Thursday, shares of the iShares 0-5 Year Investment Grade Corporate Bond ETF (Symbol: SLQD) entered into oversold territory, changing hands as low as $51.82 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical an
In trading on Thursday, shares of the PFFD ETF (Symbol: PFFD) crossed below their 200 day moving average of $24.78, changing hands as low as $24.74 per share. PFFD shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of PFFD
In trading on Thursday, shares of the iShares 1-3 Year Treasury Bond ETF (Symbol: SHY) entered into oversold territory, changing hands as low as $86.17 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator us
In trading on Thursday, shares of the ARKG ETF (Symbol: ARKG) entered into oversold territory, changing hands as low as $91.93 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
Inflation is a bond investor’s worst enemy. Higher costs erode the purchasing power of a bond’s future cash flows, which pushes bond yields higher as investors demand more yield to compensate for inflation risk. The following chart illustrates how inflation growth and bond yields move together. Inflation typically declines during recessions (shaded in grey). Where [...] Read more at ETFtrends.com.
Stocks and ETFs have relinquished major gains made in the previous session, as spiking bond yields continue to cause problems for high-growth technology stocks. The Dow Jones Industrial Average dropped 410 points after closing at a record high in the previous session, losing more than 1.3%. The S&P 500 meanwhile slid 1.9%, while the Nasdaq [...] Read more at ETFtrends.com.
Environmental, social, and governance (ESG) investing is well on its way to becoming a permanent fixture in the capital markets. Is Asia taking the lead? “The emergence of Asia, led by China, as the economic power house of the post-Covid world has just entered another dimension: ESG dominance,” a Bloomberg article said. “The world’s second-largest [...] Read more at ETFtrends.com.
The U.S. housing market has been in the pink over the past few months despite the ongoing coronavirus crisis. The favorable operating backdrop and upbeat earnings have been propelling the space. The sales scenario has been robust. Existing homes account for the majority of home
As a global vaccine rollout continues, the leisure and entertainment industry should continue its healing process. ETFs like the Invesco Dynamic Leisure and Entertainment ETF (PEJ), could present investors with a value-added option in turn. PEJ is based on the Dynamic Leisure & Entertainment Intellidex℠ Index (Index). The Fund will normally invest at least 90% [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the SPAC and New Issue ETF (SPCX) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. SPCX is an actively-managed fund that aims to provide a broad exposure to Special Purpose Acquisitions Corporations (SPACs) and newly-listed firms. According to Tuttle, the most appropriate strategy [...] Read more at ETFtrends.com.
Wall Street has been witnessing volatility lately driven by surging bond yields, which has sparked inflation fears. While the S&P 500 and the Nasdaq Composite Index have been taking a hit from the tech and high-growth sell-offs, Dow Jones is roaring higher with cyclical secto
The iShares U.S. Regional Banks ETF is seeing unusually high volume in afternoon trading Thursday, with over 920,000 shares traded versus three month average volume of about 116,000. Shares of IAT were down about 1.5% on the day.
In trading on Thursday, the Oil Services ETF is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Tenaris, up about 14.3% and shares of Oceaneering International, up about 12.5% on the day.
Nvidia NVDA reported blockbuster fourth-quarter fiscal 2021 results after market close yesterday, wherein it outpaced the Zacks Consensus Estimate on earnings and revenues. The company offered an upbeat guidance for the ongoing quarter.Earnings per share came in at $3.10, beating
In trading on Thursday, shares of the iShares TIPS Bond ETF (Symbol: TIP) crossed below their 200 day moving average of $125.41, changing hands as low as $124.92 per share. iShares TIPS Bond shares are currently trading off about 0.7% on the day. The chart below shows the one
In trading on Thursday, shares of the SCHP ETF (Symbol: SCHP) crossed below their 200 day moving average of $61.11, changing hands as low as $60.83 per share. SCHP shares are currently trading down about 0.7% on the day. The chart below shows the one year performance of SCHP
In trading on Thursday, shares of the Vanguard Short-Term Bond ETF (Symbol: BSV) entered into oversold territory, changing hands as low as $82.42 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
So many retirement investors are conditioned to believe that fixed income allocations only mean municipal bonds or Treasuries. With yields low on those assets and the dollar weak, income investors may want to examine emerging markets bonds, an assets class accessible via multiple exchange traded funds, including the VanEck Vectors Emerging Markets Aggregate Bond ETF [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares UltraPro QQQ (Symbol: TQQQ) where we have detected an approximate $294.4 million dollar inflow -- that's a 3.0% increase week ov