In recent trading, shares of Thomson Reuters Corp (Symbol: TRI) have crossed above the average analyst 12-month target price of $139.90, changing hands for $141.25/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
In recent trading, shares of CVR Energy Inc (Symbol: CVI) have crossed above the average analyst 12-month target price of $32.25, changing hands for $32.36/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In trading on Monday, shares of the The Real Estate Select Sector SPDR Fund ETF (Symbol: XLRE) crossed above their 200 day moving average of $36.53, changing hands as high as $36.66 per share. The Real Estate Select Sector SPDR Fund shares are currently trading up about 0.6% o
Many Americans are prepping for the holiday season. Traders are also prepping their watch lists for potential opportunities in the market. A couple of leveraged ETFs to keep an eye on center around gas prices and the retail sector. With much of the world settling back into a post-COVID environment again, holiday travel is picking [...]
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Small caps have been out of favor for a not-insignificant period. A rising rate and higher for longer rate environment certainly don’t help, either. Still, signs are appearing that suggest small caps’ moment may be on the horizon. Not only are small caps historically cheap, but they are also poised to offer some intriguing upside [...]
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Inflation might be putting a damper on holiday spending, but not when it comes to stifling the gold rally. The precious metal has certain factors behind it that should buoy prices even if inflation begins to recede. Central bank buying, along with retail purchasing amid a safe haven scramble, should continue to keep the metal’s [...]
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More than 195 nations will meet in Dubai this week for the annual United Nations Climate Change Conference, known as COP28. The United Arab Emirates is hosting this year’s two-week summit, scheduled to run from November 30 to December 12. While complex political topics will dominate the agenda at COP28, technical discussions will also provide [...]
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The MSCI Argentina ETF is seeing unusually high volume in afternoon trading Monday, with over 188,000 shares traded versus three month average volume of about 36,000. Shares of ARGT were up about 4.7% on the day.
Don’t look now, but markets are once again getting excited about the prospect of potential rate cuts .Following months defined by rising rates, investors are looking forward to inflation cooling sufficiently for the Fed to finally cut. Such cuts would, of course, boost the economy significantly and have broad implications for the investment landscape. Areas that [...]
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As the year comes to a close and economic indicators look troubling, investors need to wrap their heads around alternatives. VettaFi will be hosting an Alternatives Symposium tomorrow at 11 a.m. ET. With both bonds and stocks getting slammed in 2022, alternatives offered savvy investors a lifeline. Today’s market is vexing. Consumer sentiment continues to [...]
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In trading on Monday, the ARK Fintech Innovation ETF is outperforming other ETFs, up about 1.6% on the day. Components of that ETF showing particular strength include shares of Roku, up about 6.5% and shares of Global-e Online, up about 5.7% on the day.
While Treasury inflation-protected securities (TIPS) may seem complex and daunting, it’s important to dive into their intricacies. After all, their current yields present an enticing opportunity and a compelling alternative to conventional Treasury bonds. Treasury inflation-protected securities yields consist of two key elements: an inflation adjustment linked to the consumer price index and a real yield, [...]
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While Treasury inflation-protected securities (TIPS) may seem complex and daunting, it’s important to dive into their intricacies. After all, their current yields present an enticing opportunity and a compelling alternative to conventional Treasury bonds. Treasury inflation-protected securities yields consist of two key elements: an inflation adjustment linked to the consumer price index and a real yield, [...]
Read more at ETFTrends.com.
In trading on Monday, shares of the iShares International Treasury Bond ETF (Symbol: IGOV) crossed above their 200 day moving average of $38.98, changing hands as high as $39.08 per share. iShares International Treasury Bond shares are currently trading up about 0.6% on the da
In trading on Monday, shares of the Junior Gold Miners ETF (Symbol: GDXJ) crossed above their 200 day moving average of $36.18, changing hands as high as $36.59 per share. Junior Gold Miners shares are currently trading up about 2% on the day. The chart below shows the one ye
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES, where 16,900,000 units were destroyed, or a 5.1% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Short S&P500, which added 20,000,000 units, or a 17.8% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Momentum Factor ETF (Symbol: MTUM) where we have detected an approximate $113.5 million dollar outflow -- that's a 1.4% decrease we