Many changes wrought by the coronavirus has been reflected in the market, from the “stay at home” trade which gave rise to the Direxion Work From Home ETF (WFH) to the “recovery” trade.
Jul 30 was marked with big tech earnings releases. After market close, tech behemoths Facebook (FB), Amazon (AMZN), Apple (AAPL) and Alphabet (GOOG, GOOGL), each reported quarterly results that topped estimates, reaffirming the sustainability (or rather the winning spree) of tec
Investors seeking momentum may have SPDR S&P Internet ETF (XWEB) on radar now. The fund recently hit a new 52-week high. Shares of OGIG are up approximately 115.5% from their 52-week low of $53.49/share.
In trading on Thursday, shares of the High-Yield Municipal Index ETF (Symbol: HYD) crossed above their 200 day moving average of $60.44, changing hands as high as $60.49 per share. High-Yield Municipal Index shares are currently trading up about 0.1% on the day. The chart be
Global Beta launched two factor-based ETFs recently – one in the space of low-beta investing another in the space of high growth or momentum investing. Investors should note that the first half of 2020 was all about the outbreak of coronavirus in late January and its rapid spr
Shares of eBay Inc. EBAY dropped about 3.2% on Jul 29, despite beating estimates in the second quarter. The coronavirus outbreak worked wonders for this online retail giant. The pandemic and the resultant need for social distancing has boosted online shopping activities.
The coronavirus outbreak has directed attention toward conscious investing, boosting demand for environmental, social and governance (ESG) funds. Going by Morningstar Direct’s data, investors spent at least $12.2 billion on ESG funds in the first four months of 2020, per The
In trading on Thursday, shares of Grand Canyon Education Inc (Symbol: LOPE) crossed below their 200 day moving average of $87.66, changing hands as low as $87.08 per share. Grand Canyon Education Inc shares are currently trading off about 2.8% on the day. The chart below sho
In trading on Thursday, the iShares PHLX Semiconductor ETF is outperforming other ETFs, up about 1% on the day. Components of that ETF showing particular strength include shares of Qualcomm, up about 12.5% and shares of Qorvo, up about 9.6% on the day.
In trading on Thursday, shares of the BBJP ETF (Symbol: BBJP) crossed below their 200 day moving average of $23.15, changing hands as low as $22.91 per share. BBJP shares are currently trading off about 2.7% on the day. The chart below shows the one year performance of BBJP
Global X Silver Miners ETF SIL topped the list of best-performing ETFs in July, gaining 32.6%. Being a leveraged play, metal miners tend to experience more gains than their bullion cousins in a rising metal market.The twin tailwinds of rebounding industrial and manufacturing dem
In trading on Thursday, shares of the iShares MSCI Japan ETF (Symbol: EWJ) crossed below their 200 day moving average of $55.69, changing hands as low as $55.03 per share. iShares MSCI Japan shares are currently trading down about 2.6% on the day. The chart below shows the o
In trading on Thursday, shares of the SPDR— Dow Jones— Industrial Average Trust ETF (Symbol: DIA) crossed below their 200 day moving average of $262.49, changing hands as low as $259.94 per share. SPDR— Dow Jones— Industrial Average Trust shares are currently trading
In trading on Thursday, shares of the HYS ETF (Symbol: HYS) crossed above their 200 day moving average of $94.33, changing hands as high as $94.38 per share. HYS shares are currently trading up about 0.2% on the day. The chart below shows the one year performance of HYS shar
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P MIDCAP 400— ETF Trust (Symbol: MDY) where we have detected an approximate $161.8 million dollar outflow -- that's a 1.1% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Growth ETF (Symbol: IWO) where we have detected an approximate $139.9 million dollar outflow -- that's a 1.6% decrease week ov
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHR ETF (Symbol: SCHR) where we have detected an approximate $67.7 million dollar inflow -- that's a 2.0% 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 iShares ESG MSCI USA ETF (Symbol: ESGU) where we have detected an approximate $70.1 million dollar inflow -- that's a 0.9% increase week over week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the GSLC ETF (Symbol: GSLC) where we have detected an approximate $46.3 million dollar outflow -- that's a 0.5% decrease week over week (from 135,600,0