Cannabis stocks and sector-related exchange traded funds are blazing. Among the better-performing non-leveraged ETFs of Thursday, the ETFMG Alternative Harvest ETF (NYSEArca: MJ) advanced 0.1%, the Cambria Cannabis ETF (TOKE) increased 0.2%, the Global X Cannabis ETF (NASDAQ: POTX) surged 1.2%, the AdvisorShares Pure Cannabis ETF (YOLO) was 0.1% lower, the Amplify Seymour Cannabis ETF (NYSEARCA: CNBS) fell 0.5%, and [...] Read more at ETFtrends.com.
Micron Technology, Inc. (NasdaqGS: MU) jumped Thursday, but it was not enough to keep the broader semiconductor sector-related exchange traded funds afloat amid a broader down market. On Thursday, the iShares PHLX Semiconductor ETF (NasdaqGS: SOXX) fell 3.5%, Invesco PHLX Semiconductor ETF (SOXQ) dropped 3.5%, and VanEck Vectors Semiconductor ETF (SMH) declined 3.3%. Meanwhile, Micron [...] Read more at ETFtrends.com.
Disney (NYSE: DIS) helped support media and communication services-related exchange traded funds after posting better-than-expected fourth-quarter results and fueling optimism over its foray into online streaming. On Thursday, the Roundhill Streaming Services & Technology ETF (NYSE ARCA: SUBZ) was down 0.4%, Invesco Dynamic Media ETF (PBS) fell 1.1%, and iShares Evolved U.S. Media and Entertainment ETF [...] Read more at ETFtrends.com.
Sprott market strategist Paul Wong issued a new monthly report delving into gold’s performance in January. Spot gold shed $32.03 of value, or 1.75%, closing the month at $1,797.17/oz. The yellow metal had nearly hit $1,850 before a particularly hawkish January Federal Open Market Committee meeting caused it to tumble more than $50 as the [...] Read more at ETFtrends.com.
Midstream has continued to rally on strong demand and energy prices this year, with advisors expecting energy to be the trend of the year, but today might be an opportunity to buy in while the price is a little below its recent highs. In the wake of broader equity market volatility last week, the Alerian [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the STPZ ETF (Symbol: STPZ) entered into oversold territory, changing hands as low as $53.925 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
In trading on Thursday, shares of the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) entered into oversold territory, changing hands as low as $135.84 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
In trading on Thursday, shares of the SCHP ETF (Symbol: SCHP) entered into oversold territory, changing hands as low as $60.047 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
In trading on Thursday, shares of the iShares 10-20 Year Treasury Bond ETF (Symbol: TLH) entered into oversold territory, changing hands as low as $138.57 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
Treasury bond exchange traded funds are retreating, with benchmark 10-year yields breaking above 2% for the first time since 2019. On Thursday, the iShares 7-10 Year Treasury Bond ETF (IEF) fell 0.5%, and the iShares 20+ Year Treasury Bond ETF (NasdaqGS: TLT) decreased 1.0%. On benchmark 10-year Treasury notes, Yields rose to 2.017%, while yields [...] Read more at ETFtrends.com.
Within the thematic space, the e-commerce industry can serve as a multi-sector play on strong consumer spending combined with rapid technology growth. As many investors know, e-commerce has been strengthening for several years, supported by mobile and internet penetration. E-commerce has grown steadily in the mid-teen percentage range since 2010, but the COVID-19 pandemic pulled [...] Read more at ETFtrends.com.
The CBOE Volatility Index and VIX-related exchange traded funds climbed Thursday as investors dumped risk assets on uncertainty over the Federal Reserve’s reaction to accelerating headline inflationary pressures. Among the best-performing non-leveraged ETFs of Thursday, the iPath Series B S&P 500 VIX Short Term Futures ETN (NYSEArca: VXX) increased 8.6%, and the ProShares VIX Short-Term Futures [...] Read more at ETFtrends.com.
Apple has announced that it will be offering its new service, Tap to Pay for iPhones, later this year. The new feature will allow businesses and merchants to use the iPhone as a point-of-sale option via contactless payments, reports CoinTelegraph. The new service will use near-field communication technology and as of now will include its signature [...] Read more at ETFtrends.com.
Industry experts have predicted that travel in 2022 will surge beyond pre-pandemic times, with many consumers ready to resume travel after holding off for almost two years. Underlying passenger flight data suggests that bookings and consumer demand are strong, and most of the current capacity issues seem relatively short-term compared to 2020 and early 2021 [...] Read more at ETFtrends.com.
While increased demand and improved technology have laid the groundwork for a wider range of fixed income ETFs, fixed income ETFs have lagged in growth compared to equity ETFs. Fixed income ETFs account for only 17% of all ETFs, with the majority being equity ETFs. The low representation of fixed income among ETFs exists even [...] Read more at ETFtrends.com.
Rising inflation calls for a tailored portfolio that’s bespoke for the current market landscape. ETF provider FlexShares has a pair of funds to suit the challenges investors currently face. That biggest challenge, of course, is rising inflation. Fixed income investors are constantly on the lookout for yield, which can be available via dividends with funds [...] Read more at ETFtrends.com.
Bitcoin isn’t a distinctly western phenomenon. In fact, much of the adoption and usage cases for the largest cryptocurrency and other digital assets centers around emerging markets. As more developing economies embrace digital tokens, including bitcoin, there could be positive implications for select exchange traded funds, including the Emerging Markets Internet Ecommerce ETF (EMQQ) and [...] Read more at ETFtrends.com.
Investors are understandably jittery about the technology sector’s disappointing start to 2022, but it often pays to take a step back and see the forest through the trees. Patient investors can capitalize on some compelling valuation opportunities today and still impressive long-term fundamentals by considering tech-heavy exchange traded funds, including the Goldman Sachs Innovate Equity [...] Read more at ETFtrends.com.
ETF Trends’ CEO Tom Lydon discusses the XTrackers MSCI All World ex US-Hedged Equity ETF (DBAW) on this week’s ETF of the Week podcast with Chuck Jaffe of the MoneyLife Show. Most advisors have familiarity with the MSCI World Index, which contains some of the largest stocks globally and offers diversification through global exposure. When considering [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the SPDR— S&P MIDCAP 400— Trust ETF (Symbol: MDY) crossed above their 200 day moving average of $497.56, changing hands as high as $498.33 per share. SPDR— S&P MIDCAP 400— Trust shares are currently trading up a