The Global X U.S. Infrastructure Development ETF (PAVE) has paved the way for the full suite of Global X ETFs the past month. Infrastructure has been a hot topic ever since U.S. president Joe Biden revealed his $2 trillion plan. The proposal includes a comprehensive plan to address not only infrastructure, but also home/community care, affordable [...] Read more at ETFtrends.com.
Are traders souring on small caps and running with the bulls on tech? The past week saw the strongest inflows in leveraged Direxion products, particularly the Direxion Daily Small Cap Bear 3X Shares (TZA) and the Direxion Daily Technology Bull 3X ETF (TECL). Small cap strength was evident at the start of 2021, with the Russell [...] Read more at ETFtrends.com.
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Stocks and index ETFs traded in the red on Tuesday, after a healthy beginning to the new month on Monday, with technology stocks leading the way lower. The Dow Jones Industrial Average held up the best of the major benchmarks, falling 250 points. The S&P 500 shed about 1.2%, and the tech-dominated Nasdaq Composite was [...] Read more at ETFtrends.com.
In trading on Tuesday, the SPDR— S&P— Metals & Mining ETF is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Arconic, up about 16.6% and shares of Cleveland-cliffs, up about 9.6% on th
Investors are putting money where their mouths are by flooding into renewable energy exchange traded funds. The First Trust NASDAQ Clean Edge Green Energy Index Fund (NasdaqGM: QCLN) is benefiting from that trend, wracking up inflows at a prodigious pace to start 2021. “The five funds attracting the most flows in the first quarter of [...] Read more at ETFtrends.com.
Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a weekly basis in this report, updating the report every Friday, along with an accompanying podcast and chart book. April 16, 2021 In the NBC mockumentary show The Office, the character Jim Halpert gets tricked [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the QYLD ETF (Symbol: QYLD) crossed below their 200 day moving average of $22.27, changing hands as low as $22.14 per share. QYLD shares are currently trading down about 1.4% on the day. The chart below shows the one year performance of QYLD s
In trading on Tuesday, shares of the iShares Global Clean Energy ETF (Symbol: ICLN) crossed below their 200 day moving average of $22.59, changing hands as low as $21.83 per share. iShares Global Clean Energy shares are currently trading down about 3.8% on the day. The chart
In trading on Tuesday, shares of the iShares MSCI China ETF (Symbol: MCHI) crossed below their 200 day moving average of $80.62, changing hands as low as $80.50 per share. iShares MSCI China shares are currently trading off about 1% on the day. The chart below shows the one y
The first-quarter earnings picture for the transportation sector has been dismal so far. This is especially true as total earnings for the sector that have been reported so far are down 181.3% on 7.8% lower revenues. This is reflective of continued operating woes in the airline s
At the onset of the coronavirus pandemic in the U.S., the real estate sector was drubbed in dramatic fashion. This year, it’s one of the most impressive redemption stories, as highlighted by the FlexShares Global Quality Real Estate Index Fund (GQRE). The FlexShares fund is higher by nearly 13%, an undoubtedly impressive showing against the [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Transportation Average ETF (Symbol: IYT) where we have detected an approximate $68.5 million dollar outflow -- that's a 3.0% decrease week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares 3-7 Year Treasury Bond ETF (Symbol: IEI) where we have detected an approximate $313.1 million dollar outflow -- that's a 2.8% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ARKK ETF (Symbol: ARKK) where we have detected an approximate $233.8 million dollar outflow -- that's a 1.0% decrease week over week (from 196,800,0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Gold Shares (Symbol: GLD) where we have detected an approximate $268.5 million dollar outflow -- that's a 0.5% decrease week over week (
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell Mid-Cap Growth ETF (Symbol: IWP) where we have detected an approximate $69.6 million dollar outflow -- that's a 0.5% decrease week o
In trading on Tuesday, shares of the Invesco Dynamic Leisure and Entertainment ETF (Symbol: PEJ) entered into oversold territory, changing hands as low as $44.0901 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis
In trading on Tuesday, shares of the Invesco Solar ETF (Symbol: TAN) crossed below their 200 day moving average of $81.04, changing hands as low as $76.25 per share. Invesco Solar shares are currently trading down about 5.2% on the day. The chart below shows the one year perf