Last week was the worst since October 2008 for the Dow Jones Industrial Average, the S&P 500 and Nasdaq Composite, all of which plunged more than 10% amid the coronavirus panic. The S&P 500 witnessed the fastest correction and the Dow Jones logged its worst single-day
For investors seeking momentum, iShares IBoxx $ Investment Grade Corporate Bond ETF LQD is probably on the radar now. The fund just hit a 52-week high and is up about 14.6% from its 52-week low price of $115.42/share.
Walmart Inc (Symbol: WMT) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, with a whopping $14.96B worth of stock held by ETFs, and above-average ''DividendRank'' statistics including a strong 2.01% yield, according to the most recent Dividend Channel ''DividendRa
The world’s third largest economy has finally given investors some respite with better-than-expected rise in factory-output levels in January. The metric inched up 0.8% last month, outpacing analysts’ expectations of a 0.2% increase (per a Reuters poll). However, the data co
The U.S. housing sector seems to be in good shape as positive data continues to flow in. Primarily on support from low mortgage rates, the sales of newly-built homes in the United States hit the fastest pace since July 2007 this January. According to data provided by the Commerc
The coronavirus epidemic is spreading rapidly worldwide, with the death toll rising to 2,808 globally, along with 82,419 confirmed cases. Moreover, the surge in the number of infected cases outside mainland China has made the outbreak a serious threat to global economic growth.
Who doesn’t want to follow investment guru Warren Buffett? His Berkshire Hathaway Inc. BRK.B has added an impressive 207.7% in the past 15 years against the 172.7% gain of the S&P 500 ETF SPY.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the ASHR ETF, where 12,250,000 units were destroyed, or a 16.4% decrease week over week.
Wall Street went into a tailspin in the final days of February, withU.S. stocks losing for six days in a row. Things worsened for Wall Street Feb 27 on news that California is monitoring at least 8,400 people for the coronavirus. Three key U.S. indexes like the S&P 500, the
The Mortgage REIT Income ETF is seeing unusually high volume in afternoon trading Friday, with over 577,000 shares traded versus three month average volume of about 61,000. Shares of MORT were down about 3.1% on the day.
In trading on Friday, the iShares PHLX Semiconductor ETF is outperforming other ETFs, up about 1.5% on the day. Components of that ETF showing particular strength include shares of Nvidia, up about 5.7% and shares of Xilinx, up about 4.2% on the day.
In trading on Friday, shares of the First Trust Preferred Securities and Income ETF (Symbol: FPE) crossed below their 200 day moving average of $19.77, changing hands as low as $19.59 per share. First Trust Preferred Securities and Income shares are currently trading down abo
In trading on Friday, shares of the FHLC ETF (Symbol: FHLC) crossed below their 200 day moving average of $45.99, changing hands as low as $44.23 per share. FHLC shares are currently trading down about 3.4% on the day. The chart below shows the one year performance of FHLC s
In trading on Friday, shares of the ProShares ProShares UltraPro QQQ ETF (Symbol: TQQQ) crossed below their 200 day moving average of $72.52, changing hands as low as $67.50 per share. ProShares ProShares UltraPro QQQ shares are currently trading off about 7.5% on the day. T
In trading on Friday, shares of the iShares Exponential Technologies ETF (Symbol: XT) crossed below their 200 day moving average of $40.03, changing hands as low as $39.01 per share. iShares Exponential Technologies shares are currently trading off about 2.8% on the day. The
In trading on Friday, shares of the iShares Asia 50 ETF (Symbol: AIA) crossed below their 200 day moving average of $61.24, changing hands as low as $60.04 per share. iShares Asia 50 shares are currently trading off about 2.5% on the day. The chart below shows the one year p
In trading on Friday, shares of the The Utilities Select Sector SPDR— Fund ETF (Symbol: XLU) entered into oversold territory, changing hands as low as $60.695 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis in
In trading on Friday, shares of the Vanguard Russell 1000 Growth ETF (Symbol: VONG) crossed below their 200 day moving average of $170.57, changing hands as low as $166.10 per share. Vanguard Russell 1000 Growth shares are currently trading down about 3% on the day. The char