In trading on Thursday, shares of the Invesco Solar ETF (Symbol: TAN) entered into oversold territory, changing hands as low as $73.17 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure mom
Like any other industry, energy has a new and old guard. Today, those factions are competing on pricing. The current state of that competition bodes well for assets like the ALPS Clean Energy ETF (ACES). Over the evolution of the renewable energy industry, a primary point of scrutiny for producers and investors alike is when price parity with [...] Read more at ETFtrends.com.
Waiting for infrastructure promises to materialize into real time action can try investors’ patience, but a pair of construction materials producers could be signaling upside ahead for exchange traded funds such as the FlexShares STOXX Global Broad Infrastructure Index Fund (NYSEArca: NFRA). While neither Vulcan Materials nor Martin Marietta Materials are NFRA components, the two [...] Read more at ETFtrends.com.
While the easiest ETF move for rising oil prices would be a pure play oil fund, investors shouldn’t ignore the oil services side of the equation with funds like the VanEck Vectors Oil Service ETF (OIH). OIH is going from strength to strength, with a year-to-date gain of about 33%. Stretch that performance out to [...] Read more at ETFtrends.com.
China might be the premier play in Asia, but another single-country play worth considering is the Direxion Daily South Korea Bull 3X Shares (KORU). South Korea is proving its mettle once again in an economic crisis. It’s not a new trend as the country has faced challenges in the past and bounced back. “In 1998, Asia’s [...] Read more at ETFtrends.com.
With the Covid-19 pandemic still a wild card in the current market landscape, diversifying through multi-asset exposure is still important. Assets like the Invesco Growth Multi-Asset Allocation ETF (PSMG) can help. PSMG also has a growth component built into the fund. Its holdings include a mix of exposure from traditional equities, bonds, and international assets. So far [...] Read more at ETFtrends.com.
As one of this year’s best-performing groups in the S&P 500, energy is giving investors plenty of reasons to be bullish in 2021. Tempting as that may be, many investors remember the oil bear market of 2020 and energy’s reputation for steep declines. This year, things could be different for energy investors as oil demand [...] Read more at ETFtrends.com.
On Thursday, WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange traded fund (ETF) and exchange-traded product (ETP) sponsor and asset manager, announced the launch of the WisdomTree Alternative Income Fund (HYIN). HYIN seeks to track the price and yield performance, before fees and expenses, of the Gapstow Liquid Alternative Credit Index (GLACI). It carries an expense ratio [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the Columbia Diversified Fixed Income Allocation ETF (DIAL) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. DIAL tracks an index comprised of six sub-indices, each representing a different sector within the fixed income space. The index allocates fixed weights to each of the six [...] Read more at ETFtrends.com.
Stocks and index ETFs traded in roughly the same range as the prior session, as investors counted on Friday’s jobs report to appraise the state of the labor market. The Dow Jones Industrial Average rose 0.45%, breaking out to another fresh high, while the S&P 500 made a 0.25% climb. The Nasdaq Composite fell 0.2%. [...] Read more at ETFtrends.com.
Though the markets currently possess several vulnerabilities, there remains plenty of potential for investors, said ERShares’s COO and chief investment strategist Eva Ados in an interview with TD Ameritrade. “It’s a stock picker’s market right now,” she said. “There are opportunities in value, and there are opportunities in growth.” In the current markets she recommends [...] Read more at ETFtrends.com.
The threat of rising mortgage rates might not sound appealing to prospective homeowners, but it could embolden the VanEck Vectors Mortgage REIT Income ETF (MORT). Mortgage rates are still at relatively low lows. “Although still-rising mortgage rates aren’t at the record lows we saw from December through February, they are still much lower than we’ve [...] Read more at ETFtrends.com.
The restaurant sector has been gaining from the expected economic boom backed by the reopening. The Retail – Restaurants industry has seen price advancements of 11.8% this year and 5.5% past month. Corporate earnings released lately have been pretty upbeat. Below we highlight a
The iShares Morningstar Multi-Asset Income ETF is seeing unusually high volume in afternoon trading Thursday, with over 189,000 shares traded versus three month average volume of about 33,000. Shares of IYLD were up about 0.3% on the day.
Owing to its status as a sector with above-average dividend yields, real estate has long been a favored destination for investors and retirees. That remains the case, but the coronavirus pandemic is facilitating significant changes in the commercial real estate arena – one of the core components of many active and passive real estate funds. [...] 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 also fueled the speculatio
In trading on Thursday, shares of the First Trust NASDAQ Clean Edge Green Energy Index Fund ETF (Symbol: QCLN) crossed below their 200 day moving average of $59.64, changing hands as low as $58.26 per share. First Trust NASDAQ Clean Edge Green Energy Index Fund shares are curr
In trading on Thursday, shares of the iShares Nasdaq Biotechnology ETF (Symbol: IBB) crossed below their 200 day moving average of $146.75, changing hands as low as $146.16 per share. iShares Nasdaq Biotechnology shares are currently trading off about 1.8% on the day. The cha
In trading on Thursday, shares of the ARKG ETF (Symbol: ARKG) crossed below their 200 day moving average of $81.48, changing hands as low as $78.82 per share. ARKG shares are currently trading off about 3.9% on the day. The chart below shows the one year performance of ARKG s