Crude oil prices are surging on Monday, in company with a number of other commodities, and supported by expectations that the oil production limits by OPEC+ would compress the market in the first quarter. On the first day of February, U.S. benchmark WTI Crude advanced 2.91% to trade at $53.72, as the international benchmark Brent Crude [...] Read more at ETFtrends.com.
By Andy Poreda, ESG Research Analyst On Wednesday, January 20, less than three months after officially leaving, the U.S. rejoined the Paris Agreement. Though it is not a perfect solution to fight climate change, the 2015 Paris Agreement is a monumental accomplishment. The coalition of nearly 200 countries is aligned on a shared vision of [...] Read more at ETFtrends.com.
On Monday, Gabelli Funds launched the Love Our Planet & People ETF (NYSE: LOPP). The fund is an actively managed ETF focused on the “E” in ESG (Environmental Social & Governance) investing. The firm believes investment in renewables, batteries, water infrastructure, the recycling of plastics, and other sustainable practices is essential to the planet’s future and [...] Read more at ETFtrends.com.
Silver and silver ETFs surged on Monday. Investors are scrambling into the industrial metal to spike it above recent highs after it became the latest target for Reddit retail traders. Silver prices rallied on the first day of February to peg their highest intraday level since 2013, as a buying riot attributed to a post [...] Read more at ETFtrends.com.
After brokerage platforms barred day traders from buying into a number of heavily shorted stocks like GameStop (NYSE: GME), the retail investment community started to eye the silver markets, lifting related precious metals and mining sector exchange traded funds. Posts on the infamous WallStreetBets subreddit goaded members to pile into the iShares Silver Trust (SLV), [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds jumped Monday, recouping some gains after suffering through their worst week since October. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 2.7%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.9%, and iShares Core S&P 500 ETF (NYSEArca: IVV) gained 1.7%. “It’s just a relief rally [...] Read more at ETFtrends.com.
Last week’s broader market pullback could give investors an opportunity to get involved with smaller stocks, including mid caps and the Barron’s 400 ETF (NYSEArca: BFOR). BFOR tracks the Barron’s 400 Index (B400), which takes 400 stocks from the broader MarketGrader U.S. Coverage Universe by using a methodology that selects components based on the strength [...] Read more at ETFtrends.com.
It’s been an interesting past week in the capital markets, but not all the action was in GameStop. Thematic ETF provider Global X saw some strong inflows in its gaming ETF, along with interest in autonomous driving and lithium. Here are three Global X funds with the highest inflows the past week: Global X Autonomous [...] Read more at ETFtrends.com.
By Mason Wev, CFA®, CMT, Portfolio Manager Market Recap The fourth quarter of 2020 began with a turbulent and corrective market in October as investors anxiously worried about a contested election and surges in coronavirus cases as the cold weather began. The extent of investor fear was demonstrated by the VIX Market Volatility Index, which rose to [...] Read more at ETFtrends.com.
A flight to safe haven assets and a backstop from the Federal Reserve saw bonds rise to new heights in 2020. That doesn’t mean bonds are no longer in play, as they still have their place in a portfolio today. Investors can start with ETF provider BlackRock. At the top is a tried-and-true fund that’s [...] Read more at ETFtrends.com.
Many investors think their portfolios are diverse, but what’s the point of diversifying investments that are highly correlated to each other? International small caps are a prime mechanism for investors looking to trim intra-portfolio correlations. Enter the ERShares International Equity ETF (NYSEARCA: ERSX). ERSX selects the most entrepreneurial, primarily Non-US Small Cap companies, that meet [...] Read more at ETFtrends.com.
Last week was downbeat for Wall Street. SPDR S&P 500 ETF Trust (SPY),SPDR Dow Jones Industrial Average ETF Trust (DIA),the Nasdaq-100-based ETF Invesco QQQ Trust (QQQ), iShares Russell 2000 ETF (IWM) and iShares MSCI ACWI ETF (ACWI) lost about 3.7%, 3.2%, 4.2%, 2.6%, and 3.6
Cryptocurrency Ethereum could ultimately prove more lucrative than Bitcoin. Although it hasn’t been as popular the world’s number one crypto, investors are taking notice of its powerful financial technology. By market value, Ethereum, also known as ether, is the second-largest digital coin behind Bitcoin. It’s easily the most credible and established alternative to the king [...] Read more at ETFtrends.com.
For this week’s episode of ETF 360, ETF Trends CEO Tom Lydon and CIO Dave Nadig caught up with John Feyerer, Sr. Director of ETF Product Strategy at Invesco., to discuss concentrated indexes and the strength of RSP. Watch the Full ETF 360 Episode Here: Looking at the success of the S&P 500 in the [...] Read more at ETFtrends.com.
Stocks and index ETFs are gaining on the first day of February, as investors are pushing aside fears about a speculative retail trading bubble that helped to catalyze the market’s worst weekly sell-off since October. On Monday the Dow Jones Industrial Average advanced 0.82%, while the S&P 500 rallied 1.57% and the Nasdaq Composite jumped [...] Read more at ETFtrends.com.
Electric vehicles are among the greatest disruptive forces of our time. Fortunately for investors, that theme is still in its early innings, calling attention to long-term upside potential with exchange traded funds such as the ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ). The ETF has one of the largest weights to Tesla, and makes [...] Read more at ETFtrends.com.
Enjoying solid current income has become really tough in the current rock-bottom yield environment. The key reason is meager interest rates from global government bonds. The Fed had cut rates to zero last March and launched QE measures to fight the coronavirus-led slowdown.
The month of January was volatile for the global stock market. After hitting record highs to start the New Year on optimism over COVID-19 vaccine rollout and more stimulus from Washington, the surge in coronavirus cases and a slew of weak economic data continued to weigh on inves
The Invesco S&P 500— Equal Weight Financials ETF is seeing unusually high volume in afternoon trading Monday, with over 343,000 shares traded versus three month average volume of about 30,000. Shares of RYF were up about 0.5% on the day.
In trading on Monday, the Silver Miners ETF is outperforming other ETFs, up about 9.6% on the day. Components of that ETF showing particular strength include shares of Hecla Mining, up about 25.3% and shares of First Majestic Silver, up about 23.3% on the day.