Distributed ledger technology has the potential to solve some of the most prominent problems in the global economy, such as providing financial services to the 1.7 billion people that comprise the global unbanked population
In trading on Friday, shares of the DON ETF (Symbol: DON) crossed above their 200 day moving average of $42.69, changing hands as high as $42.77 per share. DON shares are currently trading up about 1.6% on the day. The chart below shows the one year performance of DON shares,
The U.S. Federal Reserve is injecting a healthy dose of fear in the capital markets as they look to continue tightening monetary policy. However, this isn’t fooling some market analysts, and overblown recession risks could open up a pathway to strength in commodities. “While higher interest rates, slower growth and softer labor market conditions will [...] Read more at ETFtrends.com.
High yield is really living up to its name. An Ice Data Services index shows that yields on so-called domestic junk bonds have risen to nearly 8.6% from a mid-August low of 7.4%, reflecting a substantial price drop. And the gap between the yields on U.S. high yield fixed income and U.S. government debt has [...] Read more at ETFtrends.com.
The recent surge in geopolitical risks has reminded companies and the U.S. government that stable trade relationships can no longer be taken for granted. Not only could operations be disrupted by Covid, but trade partnerships could suddenly evaporate through sanctions. In response to this new geopolitical landscape, corporations are reshoring production by switching their supply [...] Read more at ETFtrends.com.
While emerging markets have been hit hard recently, with foreign investors dumping EM stocks and bonds for five consecutive months, India is telling a different story. Not only has the country recently overtaken the U.K. as the world’s fifth-biggest economy, but India is also one of the world’s fastest-growing major economies. India has a lot [...] Read more at ETFtrends.com.
Coinbase launched a liquid staking product, cbETH, on August 24. Similar to Lido’s liquid staked ether, stETH, cbETH creates a tokenized deposit that offers redemption rights to the ether staked on its platform. Liquid staking will offer more liquidity to assets staked in Ethereum’s Proof-of-Stake network by allowing users to transfer, trade, or use the [...] Read more at ETFtrends.com.
There is a lot of nuance to options investing, so much so that many advisors and investors largely steer clear because it’s easy to feel overwhelmed pretty quickly and out of your depth. Derivatives are worth consideration, however, because they open up all new avenues to expressing opinions and taking positions on how stocks might [...] Read more at ETFtrends.com.
Invesco’s BulletShares ETFs offer a bond-like experience in an ETF wrapper. BulletShares ETFs are a suite of fixed-term ETFs that enable investors to build customized portfolios tailored to specific maturity profiles, risk preferences, and investment goals. The firm on Thursday rolled out two more funds, expanding the maturities available to investors: the Invesco BulletShares 2032 [...] Read more at ETFtrends.com.
Predictably, rising interest rates are proving punitive for various segments of the broader fixed income market. Municipal bonds haven’t been immune to that pressure. More recently, however, municipal bonds are outperforming aggregate bonds strategies, indicating there could be opportunities afoot with exchange traded funds, such as the SPDR Nuveen Municipal Bond ESG ETF (MBNE). The [...] Read more at ETFtrends.com.
Dividend stocks and the related exchange traded funds are outperforming the broader market this year, with much of that positivity attributable to high-dividend fare. For investors, that’s been a boon when interest rates are still low, and bonds falter, among other reasons. However, one of the rubs with high-yielding stocks is that many of those [...] Read more at ETFtrends.com.
China’s push towards technological innovation got an added vote of confidence from the country’s president, which should help boost exchange-traded funds (ETFs) like the Global X China Innovation ETF (KEJI). To achieve global influence, China realizes that mastery of technology is one prime area where it can maximize its efforts. The country has been taking [...] Read more at ETFtrends.com.
The summer bond market rally appears to be short-lived as Treasury yields are rising again, which other countries are seeing with their own respective government bonds. As such, the Bank of Japan is boosting its own bond-buying to help keep yields in check. Bonds around the world were in the midst of a summer rally [...] Read more at ETFtrends.com.
The SPDR S&P China ETF is seeing unusually high volume in afternoon trading Friday, with over 1.1 million shares traded versus three month average volume of about 108,000. Shares of GXC were up about 2.2% on the day.
In trading on Friday, the ARK Next Generation Internet ETF is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Sea Limited, up about 7.3% and shares of Shopify, up about 7.1% on the day.
In trading on Friday, shares of the XBI ETF (Symbol: XBI) crossed above their 200 day moving average of $88.34, changing hands as high as $88.72 per share. XBI shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of XBI shares,
In trading on Friday, shares of the SQQQ ETF (Symbol: SQQQ) crossed below their 200 day moving average of $42.37, changing hands as low as $42.32 per share. SQQQ shares are currently trading off about 4.9% on the day. The chart below shows the one year performance of SQQQ sha
In trading on Friday, shares of the PAVE ETF (Symbol: PAVE) crossed above their 200 day moving average of $26.40, changing hands as high as $26.50 per share. PAVE shares are currently trading up about 1.5% on the day. The chart below shows the one year performance of PAVE sha
California is currently facing what could be the worst heat wave in the state’s history and will contend with an offshore hurricane pulling even more heat across areas of Southern California going into the weekend, reported CNN. The result? Los Angeles is forecast for triple-digit weather Thursday and Friday, with highs of 112, pushing an [...] Read more at ETFtrends.com.
In trading on Friday, shares of the FBT ETF (Symbol: FBT) crossed above their 200 day moving average of $144.92, changing hands as high as $145.10 per share. FBT shares are currently trading up about 0.9% on the day. The chart below shows the one year performance of FBT share