Have equity markets hit bottom? Mark Hackett, chief of investment research for Nationwide’s Investment Management Group, wrote in the Nationwide blog that there are certainly signs to suggest that they’re at least nearing it. For all the volatility experienced over the last two months, the S&P 500 has changed very little. The S&P 500 is [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the iShares U.S. Healthcare Providers ETF (Symbol: IHF) crossed above their 200 day moving average of $270.59, changing hands as high as $271.00 per share. iShares U.S. Healthcare Providers shares are currently trading up about 2.5% on the day.
European markets rallied on Tuesday to a more than five-week high, with Germany country-specific exchange traded funds leading the charge, as Russia restarted gas flows to Europe through the Nord Stream 1 pipeline, assuaging market fears of a potential energy crisis that would send the region into a recession. On Tuesday, the Vanguard FTSE Europe [...] Read more at ETFtrends.com.
With stock markets continuing to be volatile and analysts fearing that a recession could be looming over the horizon, high yield corporate bonds offering weightier yields than they have in recent years may provide investors with better downside protection than stocks, according to Nuveen. Per a report from MarketWatch, after conducting a stress test based [...] Read more at ETFtrends.com.
Chinese ride-sharing company Didi will purportedly be fined $1 billion by Chinese regulators, sources close to the matter told the Wall Street Journal, and of greater note, will be able to resume normal operations without restrictions. These same sources have said that the Chinese government will allow Didi to begin adding new users and get [...] Read more at ETFtrends.com.
Euro currency-related exchange traded funds strengthened as European Central Bank policymakers considered a bigger-than-expected interest rate hike at their next meeting on Thursday. The Invesco CurrencyShares Euro Currency Trust (FXE) rose 0.8% on Tuesday. Meanwhile, the euro currency was trading around $1.02297. The ECB is considering a 50 basis point interest rate hike at the [...] Read more at ETFtrends.com.
Top Performing Levered/Inverse ETFs Last Week These were last week’s top-performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly. Always do your homework. Ticker Name 1 Week Return (BOIL B) ProShares Ultra Bloomberg Natural Gas 35.84% (YANG A-) Direxion Daily FTSE China Bear 3X Shares 25.78% (FXP B+) ProShares UltraShort [...] Read more at ETFtrends.com.
In a study of analyst recommendations at the major brokerages, for the underlying components of the S&P 500, Costco Wholesale Corp (Symbol: COST) has taken over the #101 spot from Advanced Micro Devices Inc (Symbol: AMD), according to ETF Channel. Below is a chart of Costc
A study of analyst recommendations at the major brokerages shows that Walt Disney Co. (Symbol: DIS) is the #11 broker pick, on average, out of the 30 stocks making up the Dow Jones Industrial Average, according to ETF Channel. Walt Disney Co. also comes in above the median of
In trading on Tuesday, shares of the AMLP ETF (Symbol: AMLP) crossed above their 200 day moving average of $36.22, changing hands as high as $36.32 per share. AMLP shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of AMLP sh
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR Bloomberg Short Term High Yield Bond ETF, where 11,400,000 units were destroyed, or a 7.8% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the ProShares Short QQQ, which added 4,950,000 units, or a 5.0% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 500 Growth ETF (Symbol: SPYG) where we have detected an approximate $80.4 million dollar outflow -- that's a 0.7% decrease we
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P 500 Growth ETF (Symbol: IVW) where we have detected an approximate $86.7 million dollar inflow -- that's a 0.3% 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 SPDR S&P Oil & Gas Exploration & Production ETF (Symbol: XOP) where we have detected an approximate $71.6 million dollar inflow -- that'
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares MSCI USA Min Vol Factor ETF (Symbol: USMV) where we have detected an approximate $224.6 million dollar inflow -- that's a 0.9% increase week
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR Portfolio S&P 1500 Composite Stock Market ETF (Symbol: SPTM) where we have detected an approximate $65.9 million dollar inflow -- that's a
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Semiconductor ETF (Symbol: SMH) where we have detected an approximate $170.6 million dollar inflow -- that's a 2.7% increase week over week in outst
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Silver Trust (Symbol: SLV) where we have detected an approximate $168.8 million dollar outflow -- that's a 1.7% decrease week over week (fro
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 1000 Value ETF (Symbol: IWD) where we have detected an approximate $87.2 million dollar outflow -- that's a 0.2% decrease week over