In trading on Friday, shares of the IPAY ETF (Symbol: IPAY) entered into oversold territory, changing hands as low as $61.071 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
As with any other investment, it is important to look under the hood and understand the particulars of energy midstream sector-related exchange traded funds so that you know what you are getting into. For example, while something like the Alerian Energy Infrastructure ETF (ENFR) can provide investors access to the midstream energy segment, ENFR is not structured [...] Read more at ETFtrends.com.
Treasury bond exchange traded funds strengthened on Friday as investors rushed to safety in response to another round of COVID-19 lockdown measures in Europe that weighed on the global economic outlook. On Friday, the Vanguard Intermediate-Term Treasury Index Fund ETF Shares (VGIT) was up 0.1%, and the Vanguard Long-Term Treasury Index Fund ETF Shares (VGLT) rose [...] Read more at ETFtrends.com.
Rising inflation, along with infrastructure and alternative energy initiatives, could support the outlook for commodities and related exchange traded funds. “Commodities may provide a uniquely valuable diversifying component to any long-term investment portfolio,” Ed Egilinsky, managing director, head of sales and distribution, head of alternative investments, Direxion, said on the recent webcast, Commodities: A Tactical [...] Read more at ETFtrends.com.
Bitcoin has had its first major upgrade in years, one that improves smart contracts on the network, increases privacy for users, and brings the cost of transactions down. With the Taproot soft fork now activated, taking a peek behind the curtain to see potential future upgrades can help investors and enthusiasts understand where the most [...] Read more at ETFtrends.com.
At the end of last month, T. Rowe Price launched three new additions to their lineup of actively managed funds — the first fixed income ETFs the firm has offered, as laid out in a white paper. The previous five ETFs were all based in equities following a variety of investment strategies; the introduction of the [...] Read more at ETFtrends.com.
Congress is considering amending and enhancing retirement through two similar but different pieces of legislation in the House and Senate. Both seek to redefine and strengthen the current Setting Every Community Up for Retirement Enhancement (SECURE) Act of 2019, collectively are known as the SECURE Act 2.0. The current version in the House was submitted [...] Read more at ETFtrends.com.
Here’s the problem with the crypto space right now: There’s quite literally so much cool stuff going on that it’s becoming legitimately impossible for any one person to even pretend to keep up with every interesting new project. Imagine I told you that I was up to speed on every cool small business idea in [...] Read more at ETFtrends.com.
The blaring stories about high inflation are inescapable after last week’s shockingly strong inflation report. We wrote about surging prices spreading to more and more everyday products, which undercuts the “transitory” narrative. Still, we recognize that the pandemic re-opening period has no historic parallel to help guide forecasts. And there are forces afoot that may yet tame [...] Read more at ETFtrends.com.
The iShares Core S&P U.S. Growth ETF is seeing unusually high volume in afternoon trading Friday, with over 3.8 million shares traded versus three month average volume of about 369,000. Shares of IUSG were up about 0.7% on the day.
Gold and silver aren’t the only precious metals that have had an oddly muted year and are now poised for a comeback. Platinum and palladium could be on the cusp of a big breakout as well. Palladium is a key ingredient in catalytic converters, a vital component for automobiles. In recent years, major automotive manufacturers [...] Read more at ETFtrends.com.
Key Takeaways: Multiple ways to access digital assets. As the space has grown, investors now have more ways to access digital assets. ETFs provide an efficient way to invest. ETFs can provide investors with exposure to different aspects of the digital asset ecosystem, all through well-known vehicles that are efficient to own and trade. New ETFs [...] Read more at ETFtrends.com.
The retail sector isn’t the only holiday shopping play. Semiconductors could also benefit from a potential spike in demand for electronics. The semiconductor shortage has certainly affected the electric vehicle industry, as demand far exceeds the supply for chips. That same demand could translate to consumer electronics as holiday shoppers scramble for gifts. “With a [...] Read more at ETFtrends.com.
Inflation fears continue to persist in the capital markets, as evidenced by the latest inflows into Invesco exchange traded funds (ETFs), particularly the Invesco DB Agriculture Fund (DBA). The consumer price index (CPI) rose to a three-decade high during the month of October, highlighting the need for inflation hedges. One way to achieve them is [...] Read more at ETFtrends.com.
The VanEck Bitcoin Strategy Fund (XBTF) launched earlier this week, becoming the third bitcoin futures ETF. It joins the ProShares Bitcoin Strategy ETF (BITO) and the Valkyrie Bitcoin Strategy ETF (BTF) in using futures contracts to gain exposure to bitcoin, as the SEC has yet to approve an ETF that can own bitcoin directly. XBTF [...] Read more at ETFtrends.com.
It’s been a largely positive earnings season, particularly for tech companies. Nvidia yesterday posted numbers that beat expectations for earnings and sales as its stock rose 5% on Wednesday and buoyed the Nasdaq higher, reports CNBC. In addition to higher-than-anticipated earnings, the chip maker also raised its expectations for the fourth quarter, anticipating $7.4 billion in [...] Read more at ETFtrends.com.
In trading on Friday, shares of the iShares iBoxx $ Investment Grade Corporate Bond ETF (Symbol: LQD) crossed above their 200 day moving average of $132.99, changing hands as high as $133.21 per share. iShares iBoxx $ Investment Grade Corporate Bond shares are currently tradin
In trading on Friday, shares of the AMLP ETF (Symbol: AMLP) crossed below their 200 day moving average of $33.39, changing hands as low as $33.16 per share. AMLP shares are currently trading off about 2.1% on the day. The chart below shows the one year performance of AMLP sha