In trading on Friday, shares of the Vanguard Long-Term Treasury ETF (Symbol: VGLT) entered into oversold territory, changing hands as low as $90.18 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used t
In trading on Friday, shares of the iShares 10-20 Year Treasury Bond ETF (Symbol: TLH) entered into oversold territory, changing hands as low as $151.51 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
Gambling industry-related exchange traded funds were in the black Friday after Wynn Resorts (NasdaqGS: WYNN) hit the jackpot on growing bets that the vaccine rollout will help brings things back to normal. Among the best performing non-leveraged ETFs of Friday, the VanEck Vectors Gaming ETF (NasdaqGM: BJK) increased 3.7%. Meanwhile, Wynn Resorts shares jumped 7.7% [...] Read more at ETFtrends.com.
The coronavirus outbreak is aggravating in the United States and globally, with the number of infected cases increasing. Thus, any positive news highlighting the progress of vaccine developers or antibody manufacturers is expected to create great returns for investors.
Brexit took a backseat quickly as the Covid-19 pandemic was at the forefront of the Eurozone’s challenges in 2020. Fast forward to today and Europe is falling behind in its recovery. “The eurozone’s economy is diverging sharply from the U.S. and China, as stubbornly high coronavirus infections, extensive Covid-19 restrictions and a painfully slow vaccine [...] Read more at ETFtrends.com.
Looking at the 10-year history of the MSCI Emerging Markets index reveals a number of peaks and valleys over the years. While a long-term investor with a low risk tolerance might look the other way, the index spells opportunity for traders to play the volatility on both sides with the Direxion Daily MSCI Emerging Markets [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds continued to push higher on Friday and were on pace to wrap up their best week since the presidential elections, as optimism over another stimulus package helped lift the mood. On Friday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 0.5%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was [...] Read more at ETFtrends.com.
The use of digital payments increased during the pandemic, and data from Finaria suggest that the industry could reach over $6 trillion by the end of 2021. This could certainly benefit fintech-focused funds like the Global X FinTech ETF (FINX). “The global digital payments industry has seen many innovations over the past few years, including mobile wallets, [...] Read more at ETFtrends.com.
Before we get into Astoria’s ETF Valuation Matrix, we wanted to alert you that we have updated our Portfolio Construction Dashboard which is stored here (click here; if you don’t have access please let us know and we will sign you up). All of our models, fact sheets, and in-depth tools are stored on this [...] Read more at ETFtrends.com.
U.S. government debt has long been a go-to safe haven both domestically and internationally. China could be challenging for that top spot as more global investors flock to the country’s bonds, available in an ETF wrapper via the VanEck Vectors ChinaAMC China Bond ETF (CBON). “Chinese yuan-denominated bonds are being snapped up by global investors,” [...] Read more at ETFtrends.com.
Stocks and index ETFs rallied for the fourth day out of the last five on Friday, with the key benchmarks looking to complete their best week since November, as investors digested economic data and await additional fiscal stimulus. The Dow Jones Industrial Average climbed another 0.3% Friday, while the S&P 500 gained 0.39%. The Nasdaq [...] Read more at ETFtrends.com.
Just when the technology trade might have appeared to be losing steam after a decade-long bull run, Covid-19 hits and big tech is back in the spotlight. That’s playing right into bullish outcomes for a pair of innovative funds: the Invesco QQQ Trust (QQQ) and the Invesco NASDAQ 100 ETF (QQQM). QQQ has been a long-time favorite [...] Read more at ETFtrends.com.
The hunt for yields is common in a low-rate environment. This holds good for investors in the U.S. market where yield on the 10-year Treasury note was hovering around 1.15% as of Feb 4, 2021. As a result, investors turned to emerging market bond ETFs in search of higher yields.
Healthcare Q4 results seem robust given that it is the fourth-best sector from a revenue growth look and the sixth-strongest in terms of earnings growth. Total earnings of 66.5% for the healthcare market capitalization that has reported so far are up 8.5% on revenue growth of 11.
Multinational audit, consulting, and tax services firm Deloitte recently surveyed a number of financial firms, with respect to current near-term risks. One common theme was risks related to environmental, social, and governance (ESG). “Risks related to climate change and social issues will intensify the most in the next two years, finance executives predicted in a [...] Read more at ETFtrends.com.
The iShares Global Timber & Forestry ETF is seeing unusually high volume in afternoon trading Friday, with over 105,000 shares traded versus three month average volume of about 30,000. Shares of WOOD were up about 0.8% on the day.
In trading on Friday, the SPDR— S&P— Metals & Mining ETF is outperforming other ETFs, up about 2.8% on the day. Components of that ETF showing particular strength include shares of Century Aluminum, up about 7.8% and shares of Freeport-mcmoran, up about 4.9%
As has been widely documented, the Biden Administration is a persistent backdrop to recent surges by renewable energy stocks and exchange traded funds. The new administration is pursuing an ambitious clean energy agenda, one that includes reducing U.S. carbon emissions to zero by 2050. That sounds scary for traditional energy companies and it may very [...] Read more at ETFtrends.com.
Many market observers are forecasting big things for international stocks this year, including developed markets fare. The WisdomTree Developed International Multi-Factor Model Portfolio offers advisors an effective way to position client portfolios for more upside in international developed markets. “This model portfolio is designed for investors with a long-term horizon looking for exposure to a [...] Read more at ETFtrends.com.
The financial sector has been emerging strongly from the pandemic hit lows in March 2020 and is showing strong momentum this year thanks to improving fundamentals and steepening of the yield curve. In particular, the banking corner of the space has been leading the way with most