In trading on Thursday, shares of the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) crossed above their 200 day moving average of $105.87, changing hands as high as $106.98 per share. Vanguard Long-Term Corporate Bond shares are currently trading up about 1.2% on the da
In trading on Thursday, shares of the Copper Miners ETF (Symbol: COPX) entered into oversold territory, changing hands as low as $34.46 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure mo
In trading on Thursday, shares of the iShares 10+ Year Investment Grade Corporate Bond ETF (Symbol: IGLB) crossed above their 200 day moving average of $69.65, changing hands as high as $70.27 per share. iShares 10+ Year Investment Grade Corporate Bond shares are currently tra
In trading on Thursday, shares of the ETFS Physical Platinum Shares ETF (Symbol: PPLT) crossed below their 200 day moving average of $100.54, changing hands as low as $98.00 per share. ETFS Physical Platinum Shares shares are currently trading down about 5.9% on the day. The
Investors worried about quickly turning markets can consider a buffered outcome strategy that is designed to perform across a wide range of scenarios. “The U.S. economy will likely remain in recovery mode, but the path of the virus will continue to dictate the trajectory of the economy in the near term. However, should an effective [...] Read more at ETFtrends.com.
The outlook for high-growth tech stocks looks positive, according to ERShares founder and CIO Joel Shulman, in a recent interview with Cheddar. Last week the yield on the 10-year Treasury dropped about 11%, from roughly 1.6% to the 1.46% now. “When interest rates come down, high growth stocks do really well,” said Shulman. As a result, [...] Read more at ETFtrends.com.
The SEC announced this year’s regulatory agenda, and while it includes plans to investigate cybersecurity and regulate short sales, there was no mention of Bitcoin or cryptocurrencies generally speaking. Commissioner Gensler and the Crypto Markets Recent comments from SEC Commissioner Gensler and CFTC Commissioner Berkovitz shed some light on why the regulatory agency plans to [...] Read more at ETFtrends.com.
Victory Capital Holdings, Inc. (NASDAQ: VCTR), the parent company of asset manager Victory Capital Management and exchange traded funds issuer VictoryShares, is planning to enter the cryptocurrency market and will extend a long-running relationship with Nasdaq as part of that effort. The San Antonio-based money manager said last week it inked exclusive accords with Nasdaq [...] Read more at ETFtrends.com.
On June 14, 2021, Dimensional Fund Advisors, a global leader in systematic investing, extended its exchange traded fund (ETF) offerings by converting four U.S. tax-managed mutual funds into active transparent ETFs listed on the New York Stock Exchange (NYSE). The new ETFs expand Dimensional’s suite of broadly diversified investment solutions, offering greater choice in how [...] Read more at ETFtrends.com.
Crude oil futures and crude ETFs are falling sharply on Thursday, after reaching their highest levels in years, as the U.S. dollar firmed up following Federal Reserve implying that it could raise interest rates as soon as 2023. Brent futures fell $1.18, or 1.6%, to $73.21 a barrel early in the session, while U.S. West [...] Read more at ETFtrends.com.
Supported by resurgent cyclical stocks, the VanEck Vectors Steel ETF (SLX) is higher by more than 38% year-to-date. That’s impressive work in less than six month’s time, but it could prove to be more floor than ceiling for the steel exchange traded fund as some analysts are forecasting more upside for some SLX components. “Even assuming [...] Read more at ETFtrends.com.
The Federal Open Market Committee’s (FOMC) June meeting didn’t result in an interest rate hike. That outcome was expected, but what caught some market participants by surprise is the dot plot indicating an increasing number of Federal Reserve members expect rate hikes to arrive in 2023. As recently as March, Fed members didn’t expect rate [...] Read more at ETFtrends.com.
On Thursday, Dawn Global announced the launch of the Asian Growth Cubs ETF (CUBS), which is listed on the New York Stock Exchange. CUBS is the first active thematic ETF to focus on public equities in emerging and frontier growth markets. CUBS offers investors actively managed exposure to five large, fast-growing markets – Bangladesh, Indonesia, [...] Read more at ETFtrends.com.
Talks of rising inflation in the United States have been rife since the passage of the $1.9-trillion stimulus bill that included the $1,400-stimulus check under the Biden administration. Widespread vaccination and a prolonged period of a dovish Fed have resulted in super-
Treasury bonds and the ETFs that track them are surging back towards recent highs, after tumbling Wednesday, amid comments from the Federal Reserve that it is increasing its expectations for inflation this year and moving up the timeline on when it will next raise interest rates. While the central bank mentioned it will look to [...] Read more at ETFtrends.com.
ETF investors seeking to capture the upside of small cap equities without the added dose of volatility can do so with the Invesco S&P SmallCap Low Volatility ETF (XSLV). As per the fund description, XSLV seeks to track the investment results of the S&P SmallCap 600 Low Volatility Index. The low volatility strategy also doesn’t [...] Read more at ETFtrends.com.
The First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund ETF is seeing unusually high volume in afternoon trading Thursday, with over 217,000 shares traded versus three month average volume of about 48,000. Shares of GRID were off about 1.5% on the day.
In trading on Thursday, the Invesco China Technology ETF is outperforming other ETFs, up about 3.2% on the day. Components of that ETF showing particular strength include shares of GDS Holdings, up about 4.2% and shares of Momo, up about 0.5% on the day.
U.S. stocks are proving to be solid performers in the first half of 2021, but with the second half nearly here, investors may want to look abroad. Investors, including retirees seeking income and international diversification without excessive risk, can consider European equities. While Europe has experienced some hiccups with its vaccine rollout, there are signs [...] Read more at ETFtrends.com.
With inflation at the forefront of so many economic and financial market conversations these days, an easy way for investors to get over fears of a rising Consumer Price Index (CPI) reading is with a strategy many are already deploying: dividend growth. For those seeking access to companies with enviable track records of hiking payouts [...] Read more at ETFtrends.com.