Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
In trading on Thursday, shares of the GDX ETF (Symbol: GDX) entered into oversold territory, changing hands as low as $22.97 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
In trading on Thursday, shares of the BCI ETF (Symbol: BCI) crossed below their 200 day moving average of $27.68, changing hands as low as $27.58 per share. BCI shares are currently trading off about 1.7% on the day. The chart below shows the one year performance of BCI share
Heat waves and drought have been applying major pressure on China’s electric power grid. This could force the country to expand its electric infrastructure to accommodate the increased demand, pushing the need for more copper. “China’s push for installing infrastructure to deliver 1,200 gigawatt of renewable energy capacity by 2025 would require an additional 3 [...] Read more at ETFtrends.com.
Rising interest rates and persistently high inflation could be a toxic brew when it comes to consumer spending. Throw in speculation of coming layoffs at a slew of major companies, and things could get even tighter on the discretionary spending front. For investors, it’s critical to realize that consumer spending isn’t linear across income levels. [...] Read more at ETFtrends.com.
Investors should consider diversifying with exchange traded fund strategies that access commodities in the current market environment. In the recent webcast, Commodities: A Bright Spot in Recession Darkness, Robert Minter, director of ETF investment strategy at abrdn, noted that most issues remain or are getting rose, such as the energy crisis creating materials scarcity, open [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the BBIN ETF (Symbol: BBIN) entered into oversold territory, changing hands as low as $45.8797 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum
In trading on Thursday, shares of the BBEU ETF (Symbol: BBEU) entered into oversold territory, changing hands as low as $43.71 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of the EFAV ETF (Symbol: EFAV) entered into oversold territory, changing hands as low as $61.112 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
Our weekend video, Soft Landing or Stagflation – Why It Matters, features 3EDGE’s Chief Investment Strategist, Fritz Folts, and CEO, Steve Cucchiaro, as they discuss: The Fed’s 75 basis point increase in short-term interest rates this week Why the Fed seems to be abandoning its policy of forward guidance The components of inflation over which the [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the VIGI ETF (Symbol: VIGI) entered into oversold territory, changing hands as low as $66.538 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
What Happened in August? In August, equities struggled, likely due to concerns of further anticipated restrictive monetary policy. For the month, international developed equities were among the worst performers (-6.1%), followed by US growth stocks (-5.1%) and US small-caps (-4.3%). Bonds also had a challenging month as investment grade corporates declined 4.4%, high yield credit [...] Read more at ETFtrends.com.
VettaFi’s vice chairman Tom Lydon discussed the iShares Russell 2000 Growth ETF (IWO) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” A well-established core fund, IWO is worth a revisit due to recent market conditions. “There are major trends in growth that may be redeveloping. Coming off the June 16th [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the STIP ETF (Symbol: STIP) entered into oversold territory, changing hands as low as $98.89 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of the STPZ ETF (Symbol: STPZ) entered into oversold territory, changing hands as low as $51.08 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of the SPIP ETF (Symbol: SPIP) entered into oversold territory, changing hands as low as $26.98 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of the TDTT ETF (Symbol: TDTT) entered into oversold territory, changing hands as low as $24.25 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of the TIP ETF (Symbol: TIP) entered into oversold territory, changing hands as low as $111.62 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of the TIPX ETF (Symbol: TIPX) entered into oversold territory, changing hands as low as $19.10 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of the VGK ETF (Symbol: VGK) entered into oversold territory, changing hands as low as $50.04 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