It’s been really a sweet November for the global economy and markets thanks to back-to-back release of upbeat coronavirus vaccine data. U.S. biotech firm Moderna (MRNA) announced on Nov 16 that its experimental vaccine against COVID-19 was 94.5% effective. This marks the second
You can bet that Europe is keeping an eye on what the markets are doing in the U.S. The hope is that a vaccine rally can continue to power equities through the rest of 2020. With optimism and a renewed risk-on sentiment running rampant in the global capital markets, including Europe, it’s still wise to [...] Read more at ETFtrends.com.
With coronavirus pandemic casting a dark shadow over holiday shopping this year, Black Friday takes on a whole new meaning. Yet the retail world can still find opportunities to boost revenue, which could provide tailwinds for the Direxion Daily Retail Bull 3X ETF (NYSEArca: RETL). It’s a short-term trade worth looking at if Black Friday [...] Read more at ETFtrends.com.
Graphics chipmaker NVIDIA NVDA is set to release third-quarter fiscal 2021 results on Nov 18, after market close. As it has been one of the hottest stocks in the semiconductor space, let’s take a look at its fundamentals ahead of the earnings release.NVIDIA has been on a strong
The SPDR— S&P 400 Mid Cap Value ETF is seeing unusually high volume in afternoon trading Tuesday, with over 278,000 shares traded versus three month average volume of about 98,000. Shares of MDYV were off about 0.3% on the day.
Up more than 33% year-to-date, the Global X FinTech ETF (NasdaqGM: FINX) reminds investors that fintech is one of the more viable disruptive themes with compelling long-term implications. FINX seeks to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Indxx Global Fintech Thematic Index. The [...] Read more at ETFtrends.com.
In trading on Tuesday, the iShares Latin America 40 ETF is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of BRFS, up about 4.7% and shares of Vale, up about 4.6% on the day.
The inflation conversation is gaining momentum. While that’s concerning news, investors can guard against this scenario with a myriad of exchange traded funds, including the FlexShares iBoxx 3-Year Target Duration TIPS Index Fund (NYSEArca: TDTT). TDTT is particularly useful in an environment where inflation data exceeds forecasts, meaning investors should monitor the breakeven inflation rate. [...] Read more at ETFtrends.com.
A trifecta of good news to kick off the week – from Moderna’s vaccine to the potential of avoiding national lockdowns to the election – means the pieces should be falling into place for strong stock market returns powered by a globally-synchronized recovery from the pandemic. As a global, actively-managed, asset allocation investment firm, those [...] Read more at ETFtrends.com.
While there’s ample chatter regarding a near-term rebound by the value factor, growth stocks aren’t done, and that’s good news for the Entrepreneur 30 Fund (NYSEArca: ENTR). Growth stocks are often associated with high-quality, prosperous companies whose earnings are expected to continue increasing at an above-average rate relative to the market. They generally have high [...] Read more at ETFtrends.com.
Vaccine optimism has strengthened the post-election rally, pushing the Dow Jones to new highs.Moderna MRNA became the second U.S. company after Pfizer PFE to report promising results from its COVID-19 vaccine late-stage trials. The data showed that Moderna’s vaccine candidate w
2020 is proving to be a banner year for e-commerce and online retail. Recent events, such as Amazon’s (NASDAQ: AMZN) Prime Day and Alibaba’s (NYSE: BABA) Singles Day prove as much. Those days, holiday shopping, and more underscore the potency of the Global X E-commerce ETF (NasdaqGM: EBIZ). EBIZ reflects the performance of the Solactive [...] 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 U.S. Home Construction ETF (Symbol: ITB) where we have detected an approximate $90.0 million dollar outflow -- that's a 4.0% 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 Vanguard Extended Duration Treasury ETF (Symbol: EDV) where we have detected an approximate $154.3 million dollar outflow -- that's a 8.4% decrease
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Total Stock Market ETF (Symbol: VTI) where we have detected an approximate $4.1 billion dollar inflow -- that's a 2.3% increase week over w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Total International Bond ETF (Symbol: BNDX) where we have detected an approximate $1.5 billion dollar inflow -- that's a 4.5% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Vanguard Health Care ETF (Symbol: VHT) where we have detected an approximate $135.5 million dollar outflow -- that's a 1.1% decrease week over week
Actively managed funds, including active exchange traded funds, can benefit as smaller stocks continue to rebound. Recent political outcomes have removed some uncertainty from financial markets, and that could be a plus for actively managed investment opportunities going forward. The Russell 2000 Index, a broad-based small-cap gauge, hit a record high Monday. Further adding to [...] Read more at ETFtrends.com.
Bitcoin, the largest digital currency by market value, is on a torrid pace this year, prompting some investors to rue missing out on an incredible run. If a Citi report is even somewhat accurate, there’s still plenty of upside to be had with the cryptocurrency. In a report calling bitcoin “gold of the 21st century,” [...] Read more at ETFtrends.com.
In recent trading, shares of Wintrust Financial Corp (Symbol: WTFC) have crossed above the average analyst 12-month target price of $55.00, changing hands for $55.20/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad