VettaFi’s vice chairman Tom Lydon discussed the Direxion NASDAQ-100 Equal Weighted Index Shares (QQQE) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” For more news, information, and analysis, visit the Leveraged & Inverse Channel.
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The iShares North American Natural Resources ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.1 million shares traded versus three month average volume of about 138,000. Shares of IGE were up about 2% on the day.
This article takes a look at a long-term perspective on Treasury yields as of the May 31, 2023 close. The chart below shows the 10-year constant-maturity yield since 1962 along with the Fed funds rate (FFR) and inflation. The range has been astonishing. The stagflation that set in after the 1973 Oil Embargo was finally [...]
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In trading on Thursday, the Uranium ETF is outperforming other ETFs, up about 7.5% on the day. Components of that ETF showing particular strength include shares of Mega Uranium, up about 17.1% and shares of Laramide Resources, up about 13.5% on the day.
Regulatory measures on cryptocurrency were forthcoming, given the exponential growth in the digital asset world. Texas could be the first state to pass crypto regulation. The bill (HB 1666) by State Rep. Giovanni Capriglione calls for more oversight in a largely unregulated crypto market. While one of the prime features of cryptocurrencies is their lack [...]
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China’s surplus of wheat could be decimated by heavy rain and high humidity, according to the South China Morning Post. It could give bullish wheat traders signs of life. The second-largest economy represents the world’s largest producer and consumer of wheat. The strategy to shift from corn to wheat for animal feed is certainly affected by this [...]
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In trading on Thursday, shares of the iShares Short Treasury Bond ETF (Symbol: SHV) crossed below their 200 day moving average of $110.08, changing hands as low as $109.98 per share. iShares Short Treasury Bond shares are currently trading off about 0.4% on the day. The chart
In trading on Thursday, shares of the PULS ETF (Symbol: PULS) crossed below their 200 day moving average of $49.17, changing hands as low as $49.15 per share. PULS shares are currently trading off about 0.5% on the day. The chart below shows the one year performance of PULS s
In trading on Thursday, shares of the SGOV ETF (Symbol: SGOV) crossed below their 200 day moving average of $100.27, changing hands as low as $100.21 per share. SGOV shares are currently trading off about 0.4% on the day. The chart below shows the one year performance of SGOV
In trading on Thursday, shares of the GBIL ETF (Symbol: GBIL) crossed below their 200 day moving average of $99.83, changing hands as low as $99.68 per share. GBIL shares are currently trading down about 0.3% on the day. The chart below shows the one year performance of GBIL
In trading on Thursday, shares of the iShares 10+ Year Investment Grade Corporate Bond ETF (Symbol: IGLB) crossed above their 200 day moving average of $51.02, changing hands as high as $51.05 per share. iShares 10+ Year Investment Grade Corporate Bond shares are currently tra
In trading on Thursday, shares of the Uranium ETF (Symbol: URA) crossed above their 200 day moving average of $20.65, changing hands as high as $20.90 per share. Uranium shares are currently trading up about 5% on the day. The chart below shows the one year performance of URA
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Ultra Bloomberg Natural Gas, which added 52,300,000 units, or a 16.2% increase week over week.
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 Energy Select Sector SPDR Fund, where 11,100,000 units were destroyed, or a 2.5% decrease week over week. Among the largest underlying
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares UltraPro Short S&P500 (Symbol: SPXU) where we have detected an approximate $58.6 million dollar outflow -- that's a 4.2% decrease week
In trading on Thursday, shares of the Vanguard Utilities ETF (Symbol: VPU) entered into oversold territory, changing hands as low as $139.50 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measu
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Equal Weight Consumer Staples ETF (Symbol: RHS) where we have detected an approximate $59.6 million dollar outflow -- tha
In trading on Thursday, shares of the WisdomTree U.S. High Dividend Fund ETF (Symbol: DHS) entered into oversold territory, changing hands as low as $75.68 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares Short S&P500 (Symbol: SH) where we have detected an approximate $78.4 million dollar outflow -- that's a 3.3% decrease week over week
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel