Nasdaq ETFs

In recent trading, shares of Allegro MicroSystems Inc (Symbol: ALGM) have crossed above the average analyst 12-month target price of $44.83, changing hands for $46.03/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad

Markets closed for the day on the reassurance that big banks were stepping in to provide relief for troubled regional bank First Republic, quelling immediate concerns of bank contagion. It’s provided a brief lull in volatility but uncertainty and potential for bank crisis both at home and abroad continue to dominate investor concerns, creating a [...] Read more at ETFtrends.com.

The tech sector is leading as markets rally on Thursday amid a volatile week. This week has been particularly turbulent, as the S&P 500 rallied 1.6% by mid-day Thursday, after recovering from an early decline. The volatility is largely attributed to the regional banking turmoil, with markets rallying today on news of a group of [...] Read more at ETFtrends.com.

In trading on Thursday, shares of the QYLD ETF (Symbol: QYLD) crossed above their 200 day moving average of $16.89, changing hands as high as $16.98 per share. QYLD shares are currently trading up about 1.2% on the day. The chart below shows the one year performance of QYLD s

In trading on Thursday, shares of the ProShares UltraPro QQQ ETF (Symbol: TQQQ) crossed above their 200 day moving average of $24.44, changing hands as high as $25.02 per share. ProShares UltraPro QQQ shares are currently trading up about 8.2% on the day. The chart below show

In trading on Thursday, shares of the Vanguard Communication Services ETF (Symbol: VOX) crossed above their 200 day moving average of $91.28, changing hands as high as $92.80 per share. Vanguard Communication Services shares are currently trading up about 2.3% on the day. The

In trading on Thursday, shares of the USSG ETF (Symbol: USSG) crossed above their 200 day moving average of $35.87, changing hands as high as $36.24 per share. USSG shares are currently trading up about 1.9% on the day. The chart below shows the one year performance of USSG s

FCF US Quality ETF (TTAC) holding Ovintiv generated record free cash flow in what president and CEO Brendan McCracken called “a milestone year” for the Denver-based hydrocarbon exploration and production company. The company generated $2.3 billion of free cash flow in 2022, up from the $1.7 billion generated in 2021. Through this free cash flow, [...] Read more at ETFtrends.com.

The energy selloff has been a key theme in markets this week as investors dumped more volatile assets. The energy selloff was fueled by concerns about the global economy, a stronger dollar, and risk-off sentiment among markets. U.S. benchmark oil prices fell 5.2% to $67.61 per barrel on Wednesday – levels not seen since December [...] Read more at ETFtrends.com.

All eyes in the market have turned towards a banking sector in crisis over the last week, from Silvergate Capital and Silicon Valley Bank’s (SVB) early troubles to recent concern for U.S.-based First Republic Bank (FRC) and Switzerland-based Credit Suisse. For investors and advisors looking for signals in the noise to understand the situation better, [...] Read more at ETFtrends.com.

VettaFi’s vice chairman Tom Lydon discussed the SPDR S&P Regional Banking ETF (KRE) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” KRE is a timely pick for ETF of the Week as turmoil in regional banks continues, with regional banking stocks still moving lower. “I think everybody, including individual investors, corporations, [...] Read more at ETFtrends.com.

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs ecosystem, reports the global ETFs gathered US$19.96 billion in net inflows during February bringing year to date net inflows to US$79.79 Billion.

The iShares U.S. Oil Equipment & Services ETF is seeing unusually high volume in afternoon trading Thursday, with over 3.3 million shares traded versus three month average volume of about 320,000. Shares of IEZ were up about 1.2% on the day. Components of that ETF with th

The collapse and Federal receivership of Silicon Valley Bank came suddenly after 44 hours of numerous redemptions from its customer base. Exacerbating the problem was that SVB was not liquid since it had taken tens of billions of dollars from venture capital clients and put that money into longer-duration Treasuries. “It doesn’t seem that their [...] Read more at ETFtrends.com.

Bank failures and fears of contagion in the broader sector have caused strong volatility spikes in markets this week, in an environment where a subset of strategies is thriving. Within fixed income, treasuries are king this week but the Quadratic Interest Rate Volatility and Inflation Hedge ETF (IVOL) has risen to the top in the [...] Read more at ETFtrends.com.

As advisors look to diversify client portfolios, a concentrated active international equity ETF is worth consideration. We believe diversification should be a key area of focus this year for advisors. Portfolios with a home country bias may be negatively impacted as markets are expected to be more challenged and complex in this new economic regime [...] Read more at ETFtrends.com.

In trading on Thursday, shares of the Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (Symbol: PDBC) entered into oversold territory, changing hands as low as $13.38 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a t

In trading on Thursday, shares of the Vanguard Materials ETF (Symbol: VAW) entered into oversold territory, changing hands as low as $165.27 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measu

In trading on Thursday, shares of the First Trust Global Tactical Commodity Strategy Fund ETF (Symbol: FTGC) entered into oversold territory, changing hands as low as $22.67 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical

In trading on Thursday, shares of the USO ETF (Symbol: USO) entered into oversold territory, changing hands as low as $58.04 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