In trading on Friday, shares of the ProShares UltraShort S&P500 ETF (Symbol: SDS) entered into oversold territory, changing hands as low as $15.89 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator us
Another round of upbeat data from the U.S. housing market signals that the sector is gaining the momentum back. According to the U.S. Housing and Urban Development and Commerce Department, total housing starts rose 22.6% (the biggest gain since October 2016) to a seasonally-adju
It is not surprising that before an earnings season, every investor looks for stocks that can beat market expectations. This is because investors always try to position themselves ahead of time and look to tap stocks that are high-quality in nature.
Chinese e-commerce giant Alibaba Group BABA reported strong first-quarter fiscal 2021 results before the opening bell on Aug 20, wherein it beat earnings and revenue expectations.Earnings of $2.10 per ADS beat the Zacks Consensus Estimate of $1.97 and increased 14.8% year over y
In trading on Friday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 0.9% on the day. Components of that ETF showing particular strength include shares of Beacon Roofing Supply, up about 2.4% and shares of Floor & Decor Holdings, up about 2.3
Global stocks were off to a solid start in the third quarter buoyed by a roaring American stock market. The combination of unprecedented fiscal and monetary stimulus in response to the pandemic, hopes of a swift economic rebound and high chances of a successful coronavirus vacci
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Industrials ETF (Symbol: VIS) where we have detected an approximate $68.4 million dollar outflow -- that's a 2.2% decrease 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 SPDR— S&P— Retail ETF (Symbol: XRT) where we have detected an approximate $108.7 million dollar outflow -- that's a 19.8% 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 iShares Global Clean Energy ETF (Symbol: ICLN) where we have detected an approximate $86.4 million dollar inflow -- that's a 7.9% increase week ove
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Medical Devices ETF (Symbol: IHI) where we have detected an approximate $147.1 million dollar outflow -- that's a 1.8% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Low Volatility ETF (Symbol: SPLV) where we have detected an approximate $56.7 million dollar outflow -- that's a 0.6% decrea
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P— Oil & Gas Exploration & Production ETF (Symbol: XOP) where we have detected an approximate $55.2 million dollar outflow
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Bloomberg Barclays 1-3 Month T-Bill ETF (Symbol: BIL) where we have detected an approximate $77.8 million dollar outflow -- that's a 0.5% d
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Germany ETF (Symbol: EWG) where we have detected an approximate $80.4 million dollar inflow -- that's a 3.1% increase week over week i
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 Value Factor ETF (Symbol: VLUE) where we have detected an approximate $82.2 million dollar inflow -- that's a 1.4% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core Dividend Growth ETF (Symbol: DGRO) where we have detected an approximate $98.7 million dollar inflow -- that's a 0.9% increase week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Nasdaq Biotechnology ETF (Symbol: IBB) where we have detected an approximate $106.7 million dollar inflow -- that's a 1.1% increase week ov
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the HDGE ETF, where 2,600,000 units were destroyed, or a 7.2% decrease week over week.