The coronavirus epidemic is spreading rapidly worldwide, with the death toll rising to 2,808 globally, along with 82,419 confirmed cases. Moreover, the surge in the number of infected cases outside mainland China has made the outbreak a serious threat to global economic growth.
Who doesn’t want to follow investment guru Warren Buffett? His Berkshire Hathaway Inc. BRK.B has added an impressive 207.7% in the past 15 years against the 172.7% gain of the S&P 500 ETF SPY.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ASHR ETF, where 12,250,000 units were destroyed, or a 16.4% decrease week over week.
Wall Street went into a tailspin in the final days of February, withU.S. stocks losing for six days in a row. Things worsened for Wall Street Feb 27 on news that California is monitoring at least 8,400 people for the coronavirus. Three key U.S. indexes like the S&P 500, the
The Mortgage REIT Income ETF is seeing unusually high volume in afternoon trading Friday, with over 577,000 shares traded versus three month average volume of about 61,000. Shares of MORT were down about 3.1% on the day.
In trading on Friday, the iShares PHLX Semiconductor ETF is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Nvidia, up about 5.7% and shares of Xilinx, up about 4.2% on the day.
In trading on Friday, shares of the First Trust Preferred Securities and Income ETF (Symbol: FPE) crossed below their 200 day moving average of $19.77, changing hands as low as $19.59 per share. First Trust Preferred Securities and Income shares are currently trading down abo
In trading on Friday, shares of the FHLC ETF (Symbol: FHLC) crossed below their 200 day moving average of $45.99, changing hands as low as $44.23 per share. FHLC shares are currently trading down about 3.4% on the day. The chart below shows the one year performance of FHLC s
In trading on Friday, shares of the ProShares ProShares UltraPro QQQ ETF (Symbol: TQQQ) crossed below their 200 day moving average of $72.52, changing hands as low as $67.50 per share. ProShares ProShares UltraPro QQQ shares are currently trading off about 7.5% on the day. T
In trading on Friday, shares of the iShares Exponential Technologies ETF (Symbol: XT) crossed below their 200 day moving average of $40.03, changing hands as low as $39.01 per share. iShares Exponential Technologies shares are currently trading off about 2.8% on the day. The
In trading on Friday, shares of the iShares Asia 50 ETF (Symbol: AIA) crossed below their 200 day moving average of $61.24, changing hands as low as $60.04 per share. iShares Asia 50 shares are currently trading off about 2.5% on the day. The chart below shows the one year p
In trading on Friday, shares of the The Utilities Select Sector SPDR— Fund ETF (Symbol: XLU) entered into oversold territory, changing hands as low as $60.695 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis in
In trading on Friday, shares of the Vanguard Russell 1000 Growth ETF (Symbol: VONG) crossed below their 200 day moving average of $170.57, changing hands as low as $166.10 per share. Vanguard Russell 1000 Growth shares are currently trading down about 3% on the day. The char
In trading on Friday, shares of the First Trust NYSE Arca Biotechnology Index Fund ETF (Symbol: FBT) entered into oversold territory, changing hands as low as $136.08 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analy
In trading on Friday, shares of the Semiconductor ETF (Symbol: SMH) entered into oversold territory, changing hands as low as $124.31 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure mom
In trading on Friday, shares of the iShares Nasdaq Biotechnology ETF (Symbol: IBB) entered into oversold territory, changing hands as low as $109.70 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used
This week was marked by heighted volatility, especially due to rise in the number of coronavirus cases across the globe. The rising pandemic fears sent the global stock markets in doldrums, pushing the major indices around the world in correction territory (a fall of 10% or more
In trading on Friday, shares of the iShares Silver Trust ETF (Symbol: SLV) crossed below their 200 day moving average of $15.83, changing hands as low as $15.57 per share. iShares Silver Trust shares are currently trading down about 4.9% on the day. The chart below shows the
In trading on Friday, shares of the ProShares ProShares Ultra QQQ ETF (Symbol: QLD) crossed below their 200 day moving average of $107.24, changing hands as low as $104.35 per share. ProShares ProShares Ultra QQQ shares are currently trading off about 4.9% on the day. The ch