In trading on Tuesday, shares of the First Trust Nasdaq Oil & Gas ETF (Symbol: FTXN) crossed below their 200 day moving average of $27.39, changing hands as low as $27.36 per share. First Trust Nasdaq Oil & Gas shares are currently trading off about 1.5% on the day. T
In trading on Tuesday, shares of the The Health Care Select Sector SPDR Fund ETF (Symbol: XLV) entered into oversold territory, changing hands as low as $127.145 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis in
In trading on Tuesday, shares of the iShares Global Healthcare ETF (Symbol: IXJ) entered into oversold territory, changing hands as low as $80.57 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
Tired of the weekly Fed soap opera? U.S. investors are beset by data points with each passing week about inflation, bringing to mind Katy Perry’s “Hot N Cold” as markets whip back and forth between hot economic data and the cold prospect of multiple rate hikes. For those investors looking to move past an overvalued [...]
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Spring is on the horizon, and although it may not feel like it across the snowy U.S.A., spring is coming nonetheless, following a much warmer winter than normal over in Europe which has given the continent’s economy plenty of momentum as 2023 hits its stride. For those investors still looking for equities but concerned by [...]
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Top Performing Levered/Inverse ETFs Last Week 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 (LABD B) Direxion Daily S&P Biotech Bear 3x Shares 19.32% (YANG A-) Direxion Daily FTSE China Bear 3X Shares 17.91% [...]
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The iShares Core MSCI Pacific ETF is seeing unusually high volume in afternoon trading Tuesday, with over 1.4 million shares traded versus three month average volume of about 192,000. Shares of IPAC were down about 0.2% on the day.
More countries are proposing regulatory measures in the cryptocurrency market, including economic heavyweight India. The country is getting support from the International Monetary Fund (IMF) and the United States. At a G20 seminar, India called for “a collective global effort to deal with problems caused by cryptocurrencies such as bitcoin, and the finance ministry said [...]
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Investors are pumping money back into fixed income while stocks trade at inflated prices and short-term Treasury yields are at record highs. For the week ending February 17, all bond funds globally experienced $5.5 billion in inflows, marking the seventh consecutive week of net inflows, according to Bank of America. Of that total, $700 million [...]
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In trading on Tuesday, shares of the First Trust Enhanced Short Maturity ETF (Symbol: FTSM) crossed below their 200 day moving average of $59.46, changing hands as low as $59.42 per share. First Trust Enhanced Short Maturity shares are currently trading off about 0.3% on the d
In trading on Tuesday, shares of the First Trust Nasdaq Food & Beverage ETF (Symbol: FTXG) crossed below their 200 day moving average of $26.59, changing hands as low as $26.57 per share. First Trust Nasdaq Food & Beverage shares are currently trading down about 0.3% o
In this special edition of our Week in Review series, 3EDGE Chief Investment Strategist Fritz Folts is joined by our Chief Technology Officer, Bob Phillips, to discuss the latest developments in artificial intelligence technology–specifically the explosively popular ChatGPT–and how it might be utilized for investment processes. Subscribe to the 3EDGE YouTube Channel here: https://www.youtube.com/channel/UCFrVMdbYQHkptxQOaqChLpg LinkedIn: [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR DoubleLine Total Return Tactical ETF (Symbol: TOTL) where we have detected an approximate $101.0 million dollar inflow -- that's a 3.9% increas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the FBND ETF (Symbol: FBND) where we have detected an approximate $103.8 million dollar inflow -- that's a 3.4% 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 QYLD ETF (Symbol: QYLD) where we have detected an approximate $91.2 million dollar inflow -- that's a 1.4% increase week over week in outstanding un
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares International Treasury Bond ETF (Symbol: IGOV) where we have detected an approximate $82.8 million dollar outflow -- that's a 7.3% decrease
In trading on Tuesday, shares of the FUTY ETF (Symbol: FUTY) entered into oversold territory, changing hands as low as $42.47 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core Total USD Bond Market ETF (Symbol: IUSB) where we have detected an approximate $90.2 million dollar inflow -- that's a 0.4% increase we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Nuveen Bloomberg Short Term Municipal Bond ETF (Symbol: SHM) where we have detected an approximate $65.3 million dollar outflow -- that's a 1.4