U.S. markets and stock exchange traded funds pushed toward record heights Monday on growing optimism over the next installment of Covid-19 stimulus to support a recuperating economy. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) rose 0.5%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was up 0.6%, and iShares Core S&P 500 ETF (NYSEArca: IVV) [...] Read more at ETFtrends.com.
Silver futures and ETFs are gaining on Monday, as investors swoop in to buy at perceived bargains following significant losses last week. According to experts, there has also been some chart-based buying on technical analysis levels. “March silver futures bulls still have the overall near-term technical advantage and are working to restart a price uptrend [...] Read more at ETFtrends.com.
After a volatile January, Wall Street started February on a strong footing.The S&P 500, the Dow Jones and the Nasdaq Composite added about 3%, 3.1% and 3.4%, respectively, past week (as of Feb 5, 2021). The S&P 500 and the Nasdaq Composite Index are hovering around new hi
Autonomous vehicles are joining electric vehicles as the next big thing in the automotive industry – a long sought-after concept that is getting closer to becoming reality. The ARK Autonomous Technology & Robotics ETF (CBOE: ARKQ) is an example of exchange traded fund ideally positioned to capitalize on the autonomous vehicle movement. Ride hailing could [...] Read more at ETFtrends.com.
With a majority in the House and Senate, Biden was able to push through his $1.9 trillion stimulus package without Republican support. Even with the large package, it is expected that the deficit will fall from the record $3.1 trillion shortfall in 2020. After leading all major countries in 2020 performance, China has started 2021 [...] Read more at ETFtrends.com.
Dividend-paying stocks are coming back into style after some turbulence last year, meaning cost-conscious investors may want to revisit a familiar friend in the Vanguard Dividend Appreciation Index Fund ETF Shares (NYSEArca: VIG). VIG seeks to track the performance of a benchmark index that measures the investment return of common stocks of companies that have [...] Read more at ETFtrends.com.
One of the most elusive combinations in investing is robust upside capture coupled with adequate downside protection. Investors have had to adapt to this new lower-for-longer rate environment by turning to cash, structured products, and gold as safe-haven plays. On the other hand, investors have also become more aggressive, raised stock allocations, chased momentum technology [...] Read more at ETFtrends.com.
Silver prices and assets like the Sprott Physical Silver Trust (NYSEArca: PSLV) were in the spotlight in a big way last week amid talk of short squeeze orchestrated by some retail traders. That momentum didn’t last long, but that doesn’t mean investors should gloss over PSLV. Some commodities market observers believe the white metal is [...] Read more at ETFtrends.com.
The U.S. jobs report for the month of January came in weaker than expected. The January non-farm payroll reading of an addition of 49,000 jobs was below the estimated rise of 50,000. As many as 10 million jobs are still short from the boom in February 2020.
The ERShares Entrepreneurs ETF (ENTR) is a fund investors will want to consider this year, particularly those looking for a fresh take on factor-based strategies. ENTR tries to reflect the performance of the Entrepreneur 30 Index, which is comprised of 30 U.S. companies with the highest market capitalizations and composite scores based on six criteria [...] Read more at ETFtrends.com.
Stocks and index ETFs climbed to fresh highs on Monday, continuing last week’s rally, as investors hope that additional coronavirus stimulus will lead to an economic recovery. The Dow Jones Industrial Average rallied 0.47% to a fresh all-time high, while the S&P 500 added 0.5%, also notching a new high by driving past 3900 for [...] Read more at ETFtrends.com.
By David Lovell 2020 is over. The turbulent events of 2020 – mainly, the arrival of the coronavirus pandemic that abruptly shut down and redefined the world as we knew it – proved that market-moving events can be unexpected and incredibly damaging. In March, when people across the U.S. were forced to retreat to the [...] Read more at ETFtrends.com.
The Invesco Solar ETF (TAN) is getting plenty of attention as one of the best-performing exchange traded funds over the past year, but the truth is TAN has been a star for some time, returning 409% over the past three years. TAN, which debuted back in 2008, seeks to track the investment results of the [...] Read more at ETFtrends.com.
Bitcoin is known for dramatic price swings, but the fundamentals view on the largest digital currency is still strong. The steady view for the Bitcoin network is backed by research suggesting investors are increasingly view Bitcoin as a long-term asset, and one less driven by media hype. One of the most cited knocks against Bitcoin [...] Read more at ETFtrends.com.
Overall ETFs gathered about $15.6 billion capital last week, bringing in year-to-date inflows of $81.1 billion, higher than the $73.1 billion seen in the year-ago period. International equity ETFs led the way higher last week with $5.6 billion inflows, closely followed by $5.3 bi
The SPDR— S&P— Dividend ETF is seeing unusually high volume in afternoon trading Monday, with over 3.7 million shares traded versus three month average volume of about 663,000. Shares of SDY were up about 0.5% on the day.
In trading on Monday, the SPDR— S&P— Oil & Gas Exploration & Production ETF is outperforming other ETFs, up about 3.7% on the day. Components of that ETF showing particular strength include shares of Clean Energy Fuels, up about 31.6% and shares of Occi
The S&P 500 wrapped up its best week since Nov 6, climbing 4.6% on renewed optimism in the markets. This is especially true against the backdrop of better-than-expected Q4 earnings and hopes of more stimulus.Notably, upbeat Q4 earnings have led analysts’ to raise their esti
One of the early lessons emerging from the GameStop saga is that for many investors, quality is the way to go in all market environments. The FlexShares US Quality Low Volatility Index Fund (NYSE: QLV) stands ready to help with that objective. QLV follows the Northern Trust US Quality Low Volatility Index. The ETF’s benchmark [...] Read more at ETFtrends.com.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the The Financial Select Sector SPDR Fund, where 19,500,000 units were destroyed, or a 2.0% decrease week over week. Among the largest underly