In trading on Tuesday, shares of the iShares Core S&P Mid-Cap ETF (Symbol: IJH) crossed below their 200 day moving average of $244.98, changing hands as low as $244.41 per share. iShares Core S&P Mid-Cap shares are currently trading down about 2% on the day. The chart
In trading on Tuesday, shares of the iShares Russell 2000 Growth ETF (Symbol: IWO) crossed below their 200 day moving average of $223.36, changing hands as low as $222.53 per share. iShares Russell 2000 Growth shares are currently trading off about 2.1% on the day. The chart
Is the bank crisis over? Post mortems are already arriving, but the rising rates that pressured bank balance sheets are still here. Although government responsiveness may have tamed the initial wave of contagion, JP Morgan Chase CEO Jamie Dimon, for one, noted Tuesday that he believes the crisis is not yet over. For those investors [...]
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These were last week’s top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (BABX ) GraniteShares 1.75x Long BABA Daily ETF 30.13% (WTIU ) MicroSectors Energy 3X Leveraged ETNs 21.54% (NRGU B) MicroSectors U.S. Big Oil Index 3X Leveraged ETN [...]
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Defensive strategies lagged while high beta and growth led among factors during the first quarter. What worked best during the first quarter was a sharp pivot from what worked in 2023. While yield- and value-oriented factors dominated in 2022, they were the worst performers in March. Meanwhile, high beta and growth were among the three [...]
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Thought to Ponder… “The true hero is flawed. The true test of a champion is not whether he can triumph, but whether he can overcome obstacles—preferably of his own making—in order to triumph. A hero without a flaw is of no interest to an audience or to the universe, which, after all, is based on [...]
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A direct indexing portfolio is a separately managed account based on a benchmark index. Since investors have direct ownership of the individual stocks in their portfolios, they gain opportunities for tax efficiency and personalization that may not be possible with ETFs and mutual funds. While direct indexing can help solve some complex financial challenges for [...]
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Treasury bonds have long been considered the financial markets’ “safe haven” asset. That remains generally true, but investors should appreciate the risk of default is causing the financial markets to re-assess Treasuries’ superiority as a safe haven relative to other assts. There is plenty of blame to be shared in Washington, DC, so one should [...]
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At the time of our last update, the S&P 500 had been sitting right on its 200-day moving average, after briefly moving below it. Last week, the market index rallied off of the moving average. Every S&P sector gained last week, with a few of the market’s weaker sectors receiving larger bounces. As it stands [...]
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DoubleLine has launched two actively managed fixed income ETFs, the DoubleLine Mortgage ETF (NYSE Arca: DMBS) and the DoubleLine Commercial Real Estate ETF (NYSE Arca: DCMB), on the NYSE Arca Exchange. DMBS seeks a total return that exceeds that of the Bloomberg US Mortgage-Backed Securities Index over a full market cycle. The fund invests primarily [...]
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Last Week’s Macro Data: PCE (Personal Consumption Expenditure) data eased in February and almost all measures came in lower than forecasts, suggesting inflation has cooled: Headline PCE Deflator rose 5.0% YoY, slightly below the 5.1% consensus and down from January’s 5.3% measure. It increased 0.3% MoM, printing closely in line with expectations and cooling from [...]
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The Rare Earth/Strategic Metals ETF is seeing unusually high volume in afternoon trading Tuesday, with over 326,000 shares traded versus three month average volume of about 129,000. Shares of REMX were off about 3% on the day.
Components of that ETF with the highest volume on
In trading on Tuesday, the Gold Miners ETF is outperforming other ETFs, up about 3% on the day. Components of that ETF showing particular strength include shares of Victoria Gold, up about 6.4% and shares of Kinross Gold, up about 6.1% on the day.
And underperforming other ETF
In trading on Tuesday, shares of the First Trust SMID Cap Rising Dividend Achievers ETF (Symbol: SDVY) crossed below their 200 day moving average of $26.25, changing hands as low as $26.22 per share. First Trust SMID Cap Rising Dividend Achievers shares are currently trading d
In trading on Tuesday, shares of the Invesco S&P SmallCap 600 Revenue ETF (Symbol: RWJ) crossed below their 200 day moving average of $110.95, changing hands as low as $110.78 per share. Invesco S&P SmallCap 600 Revenue shares are currently trading off about 1.4% on th
In trading on Tuesday, shares of the iShares S&P Mid-Cap 400 Value ETF (Symbol: IJJ) crossed below their 200 day moving average of $101.66, changing hands as low as $101.21 per share. iShares S&P Mid-Cap 400 Value shares are currently trading down about 1.1% on the day
In trading on Tuesday, shares of the SPDR S&P 400 Mid Cap Value ETF (Symbol: MDYV) crossed below their 200 day moving average of $65.27, changing hands as low as $65.10 per share. SPDR S&P 400 Mid Cap Value shares are currently trading off about 1.1% on the day. The c
In trading on Tuesday, shares of the FNDA ETF (Symbol: FNDA) crossed below their 200 day moving average of $48.07, changing hands as low as $48.02 per share. FNDA shares are currently trading down about 1.3% on the day. The chart below shows the one year performance of FNDA s
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) where we have detected an approximate $549.6 million dollar inflow -- that's a 1.6
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Energy Select Sector SPDR Fund (Symbol: XLE) where we have detected an approximate $116.9 million dollar inflow -- that's a 0.3% increase week o