In trading on Thursday, shares of the The Consumer Discretionary Select Sector SPDR Fund ETF (Symbol: XLY) crossed below their 200 day moving average of $146.54, changing hands as low as $144.94 per share. The Consumer Discretionary Select Sector SPDR Fund shares are currently
Earnings season has surprised so far following a big first quarter for the tech names in the S&P 500 — but that may not last. Markets may not see the broad dip in earnings that has been part of the 2023 recession story, but that doesn’t mean that markets will avoid a dip, and it [...]
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The much-dreaded earnings season has arrived, but somewhat surprisingly, the results haven’t been as bad as initially feared. Whether that’s due to banks not taking hits as severe as initially feared or ongoing consumer strength, earnings were supposed to be a primary indicator that a recession is on the way. However, with that narrative deferred, [...]
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Egan-Jones Ratings Company recently released an updated risk commentary in a newsletter for China in light of increasing yuan-denominated transactions in global markets. Despite current political tensions between China and many countries, including the U.S., Egan-Jones views the longer-term outlook for China as an optimistic one on the likelihood that China will step more fully [...]
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VettaFi’s vice chairman Tom Lydon discussed the iShares U.S. Broker-Dealers & Securities Exchanges ETF (IAI) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” While broker-dealers and security exchanges might not be the hot business of the moment, they present a unique opportunity coming off the banking turmoil. The pullback from banks [...]
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When it comes to deciding whether to invest in ETFs or use direct indexing, investors don’t have to choose one or the other. In fact, Vanguard argues that combining direct indexing with daily tax-loss harvesting scans with active equity ETFs could potentially lead to higher after-tax wealth outcomes. “The tax-loss harvesting feature of direct indexing [...]
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The iShares U.S. Small-Cap Equity Factor ETF is seeing unusually high volume in afternoon trading Thursday, with over 577,000 shares traded versus three month average volume of about 84,000. Shares of SMLF were off about 0.4% on the day.
In trading on Thursday, the iShares U.S. Home Construction ETF is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of Watsco, up about 6.8% and shares of D.R. Horton, up about 6.6% on the day.
Fixed income has been all the rage this year, with yields at such low amounts of risk that many investors are looking at the previously staid area with more excitement than ever. Amid a back and forth surrounding whether it makes sense to go for duration right now, investors and advisors alike may instead want [...]
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What tools can investors use to fight longevity risk in retirement? Many retirees today probably remember the 1976 disco hit “Right Back Where We Started From.” Unfortunately, that same sentiment might accurately describe those retirees’ investment returns over the past two-plus years. Case in point: Investors in either a globally diversified portfolio with a traditional [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the JEPI ETF (Symbol: JEPI) where we have detected an approximate $365.4 million dollar inflow -- that's a 1.5% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 Value ETF (Symbol: IWN) where we have detected an approximate $109.0 million dollar outflow -- that's a 1.0% decrease week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DIREXION DAILY SEMICONDUCTOR BEAR 3X SHARES (Symbol: SOXS) where we have detected an approximate $110.0 million dollar outflow -- that's a 7.6% decr
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI Japan ETF (Symbol: EWJ) where we have detected an approximate $114.1 million dollar inflow -- that's a 1.1% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the BBJP ETF (Symbol: BBJP) where we have detected an approximate $81.9 million dollar inflow -- that's a 1.1% increase week over week in outstanding un
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core MSCI International Developed Markets ETF (Symbol: IDEV) where we have detected an approximate $83.6 million dollar inflow -- that's a 0
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Energy Select Sector SPDR Fund (Symbol: XLE) where we have detected an approximate $388.1 million dollar outflow -- that's a 1.0% decrease week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR S&P Oil & Gas Exploration & Production ETF (Symbol: XOP) where we have detected an approximate $169.1 million dollar outflow -- tha
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the The Industrial Select Sector SPDR Fund (Symbol: XLI) where we have detected an approximate $121.2 million dollar outflow -- that's a 0.9% decrease w