The fourth-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 85.7% on 20.7% lower revenues. This is reflective of continued operating woes in the airline
The Invesco S&P 500— Equal Weight Consumer Discretionary ETF is seeing unusually high volume in afternoon trading Tuesday, with over 262,000 shares traded versus three month average volume of about 54,000. Shares of RCD were up about 2.4% on the day.
Last year’s safe haven scramble saw gold rise to new highs with silver tethering to gold’s success, but it could be the other way around in 2021. Silver prices are jumping, which is helping gold’s cause. ETF traders can play precious metals with a pair of leveraged funds from Direxion Investments. Rather than play gold [...] Read more at ETFtrends.com.
In trading on Tuesday, the Invesco Solar ETF is outperforming other ETFs, up about 4.5% on the day. Components of that ETF showing particular strength include shares of Daqo New Energy, up about 10.2% and shares of Azure Power Global, up about 4.3% on the day.
The Federal Reserve wasn’t expected to make a move higher on interest rates to start the new year, which kept yield-hungry investors starving. The Global X SuperDividend ETF (SDIV) and the Global X SuperDividend U.S. ETF (DIV) might help. SDIV seeks investment results that correspond generally to the price and yield performance of the Solactive Global SuperDividend Index, [...] Read more at ETFtrends.com.
Automation and robotics rest at the center of disruptive growth technologies. The ARK Innovation ETF (NYSEArca: ARKK) is the premier exchange traded fund that accesses those themes. “Companies within ARKK include those that rely on or benefit from the development of new products or services, technological improvements and advancements in scientific research relating to 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 (Symbol: PKW) where we have detected an approximate $250.9 million dollar inflow -- that's a 24.4% increase week over week in outstanding units (fr
In trading on Tuesday, shares of the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) crossed below their 200 day moving average of $107.38, changing hands as low as $107.19 per share. Vanguard Long-Term Corporate Bond shares are currently trading down about 0.4% on the da
The Invesco QQQ Trust (QQQ) has a history of topping other broad market exchange traded funds and index funds. If the technology sector cooperates, QQQ can live up to its growing reputation in 2021. QQQ tracks the widely followed Nasdaq-100 Index (NDX), which is dominated by the technology, communication services, and consumer discretionary sectors. Those [...] Read more at ETFtrends.com.
Amazon AMZN is set to release fourth-quarter 2020 results on Feb 2, after market close. Being a market leader in e-commerce, it is worth taking a look at the company’s fundamentals ahead of its results (see: all the Consumer Discretionary ETFs here).Amazon has gained 9.7% over
In trading on Tuesday, shares of the BAR ETF (Symbol: BAR) crossed below their 200 day moving average of $18.38, changing hands as low as $18.19 per share. BAR shares are currently trading down about 1.3% on the day. The chart below shows the one year performance of BAR share
In trading on Tuesday, shares of the ETFS Physical Swiss Gold Shares ETF (Symbol: SGOL) crossed below their 200 day moving average of $17.77, changing hands as low as $17.58 per share. ETFS Physical Swiss Gold Shares shares are currently trading off about 1.2% on the day. The
In trading on Tuesday, shares of the iShares International Treasury Bond ETF (Symbol: IGOV) entered into oversold territory, changing hands as low as $54.1324 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indic
In recent trading, shares of XP Inc (Symbol: XP) have crossed above the average analyst 12-month target price of $45.75, changing hands for $47.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or,
In recent trading, shares of Verint Systems Inc (Symbol: VRNT) have crossed above the average analyst 12-month target price of $76.00, changing hands for $77.44/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
In recent trading, shares of Texas Instruments Inc. (Symbol: TXN) have crossed above the average analyst 12-month target price of $168.39, changing hands for $172.46/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of RealPage Inc (Symbol: RP) have crossed above the average analyst 12-month target price of $86.62, changing hands for $87.03/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Synaptics Inc (Symbol: SYNA) have crossed above the average analyst 12-month target price of $102.80, changing hands for $104.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of SPS Commerce, Inc. (Symbol: SPSC) have crossed above the average analyst 12-month target price of $99.83, changing hands for $101.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
For investors seeking momentum, iShares Silver Trust SLV is probably on radar. The fund just hit a 52-week high, and is up 147% from its 52-week low price of $10.86 per share.But are more gains in store for this ETF? Let’s take a quick look at the fund and the near-term outlook