Insurance company American International Group (AIG) is propelling gains for the Invesco KBW Property & Casualty Insurance ETF (KBWP). AIG is up 8% to start the new year and KBWP has been on an uptrend the last 3 months, gaining over 20%: KBWP seeks to track the investment results of the KBW Nasdaq Property & [...] Read more at ETFtrends.com.
U.S. stocks spurted to all-time highs on Jan 7 as Congress confirmed the election of Joe Biden as president and market watchers ignored the election-related unrest in Washington.
Regional banking stocks have put 2020 behind them in quick fashion. Up 35% year-to-date already, the Direxion Daily Regional Banks Bull 3X Shares (DPST) is giving traders plenty to cheer about, and with the backing of analysts, the regional banking space isn’t messing around in 2021. “In just the first few days of trading in 2021, [...] Read more at ETFtrends.com.
Stocks and index ETFs are mixed on Friday, with the S&P 500 and Nasdaq Composite climbing to fresh highs, while the Dow is struggling, after a data report revealing that the U.S. economy unexpectedly lost jobs last month. After struggling on the first day of the new year, the benchmarks have righted themselves, with subsequent [...] Read more at ETFtrends.com.
Direxion launched two new leveraged ETFs that focus on companies that are involved in the delivery of computing services – servers, storage, databases, networking, software, analytics, and more, over the internet, which is often referred to as the “Cloud.” The Daily Cloud Computing Bull and Bear 2X Shares ETFs (Tickers: CLDL/CLDS) seek to achieve 200%, [...] Read more at ETFtrends.com.
The U.S. economy slowed into year-end as coronavirus cases surged following holiday gatherings and newly initiated shut-downs were enacted by various state governments. The slowdown will likely be reflected more clearly in the December and January numbers, as early Fall had the US economy on the rebound. Housing continues to be a positive for the [...] Read more at ETFtrends.com.
The First Trust Dow Jones Global Select Dividend Index Fund ETF is seeing unusually high volume in afternoon trading Friday, with over 409,000 shares traded versus three month average volume of about 89,000. Shares of FGD were up about 0.2% on the day.
The price of Bitcoin has been going through the roof lately. It took less than a month to cross the difference of $20,000 in value as the cryptocurrency hit the $20,000-mark for the first time on Dec 16 and touched $40,000 on Jan 7. Bitcoin soared about 200% last year. Instituti
The ARK Genomic Revolution Multi-Sector Fund (CBOE: ARKG) isn’t just one of the best actively managed exchange traded funds. Nor is it just one of the best healthcare ETFs. It’s one of the premier options for investors looking for a truly disruptive play on healthcare investing. Disruptive technologies are changing the way new products and [...] Read more at ETFtrends.com.
In trading on Friday, shares of the SCHR ETF (Symbol: SCHR) entered into oversold territory, changing hands as low as $57.7913 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Friday, shares of the SCHZ ETF (Symbol: SCHZ) entered into oversold territory, changing hands as low as $55.51 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
Among the many assets getting a lift from the two Senate runoff races in Georgia earlier this week were bank stocks and the related exchange traded funds such as the Invesco KBW Bank ETF (NASDAQ: KBWB). KBWB tracks the widely followed KBW Nasdaq Bank Index. “The Index is a modified-market capitalization-weighted index of companies primarily [...] Read more at ETFtrends.com.
In trading on Friday, shares of the Gold Miners ETF (Symbol: GDX) crossed below their 200 day moving average of $36.74, changing hands as low as $36.41 per share. Gold Miners shares are currently trading off about 4.4% on the day. The chart below shows the one year performanc
Attractive valuations on emerging markets equities, low bond yields, and a weak dollar could be the elixir the ALPS Emerging Sector Dogs ETF (NYSEArca: EDOG) is looking for. EDOG, which debuted over six years ago, tracks the performance of the S-Network Emerging Sector Dividend Dogs Index. The index is comprised of the highest paying stocks, [...] 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 Ultra QQQ (Symbol: QLD) where we have detected an approximate $75.4 million dollar outflow -- that's a 1.9% decrease week over w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARKK ETF (Symbol: ARKK) where we have detected an approximate $166.1 million dollar inflow -- that's a 0.8% increase week over week in outstanding u
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 S&P500 (Symbol: UPRO) where we have detected an approximate $68.0 million dollar outflow -- that's a 3.5% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Mid-Cap ETF (Symbol: IJH) where we have detected an approximate $72.4 million dollar outflow -- that's a 0.1% decrease week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro Dow30 (Symbol: UDOW) where we have detected an approximate $80.4 million dollar outflow -- that's a 10.1% decrease week over week