ETFS

As you can see in the following chart, the ProShares Ultra Bloomberg Natural Gas ETF (BOIL) has taken a bit of a beating throughout 2020, with shares collapsing by nearly 70% on a year-to-date basis. While this trend certainly has been painful for many investors, I believe that the end is in sight. Specifically, I
0 Comments
For traders in the ProShares UltraShort Bloomberg Natural Gas (KOLD) ETF, it’s been a solid year as seen in the following chart. While long traders of KOLD certainly have enjoyed strong returns over the past month, I believe the party is almost over. Specifically, it is my view that over the coming months, we will
0 Comments
Main Thesis The purpose of this article is to evaluate the Vanguard High Dividend Yield ETF (VYM) as an investment option at its current market price. As we move in to the second half of what has been a volatile year, dividend payers remain a key part of my portfolio. However, the divergence in performance
0 Comments
Funds in Refinitiv Lipper’s municipal debt fund classifications took in $857 million of net new money for the fund-flows week ended Wednesday, July 15. This was the tenth consecutive weekly net inflows for the group, with eight consecutive weeks having net positive flows of greater than $1 billion. The high-water mark during this streak was
0 Comments
On July 14th, 2020, we listed the Global X Education ETF (EDUT) on Nasdaq. EDUT seeks to invest in companies that provide products and services that facilitate education, including but not limited to companies involved in online learning and educational content/publishing, early childhood education, higher education, professional education, as well as enterprise video and chat
0 Comments
The Nasdaq 100 index (NDX) has continued to defy warning signs in the form of declining market breadth and deteriorating growth prospects, with speculative sentiment driving the index back to its most extreme valuation levels since 2000. While valuation measures remain below the dot com bubble peak, forward-looking return prospects are almost as bad as
0 Comments
As you can see in the following chart, the past few weeks have been quite favorable for traders in the Invesco DB Energy ETF (DBE) with shares continuing to push to new highs in the recent trend. In this piece, I argue that DBE is likely headed higher. I believe that the fundamentals of all
0 Comments
CEFA: Welcome to CEF Insights, your source for closed-end fund information and education brought to you by the Closed-End Fund Association. My name is Diane Merritt. Today, we are joined again by Tom Roseen, Head of Research Services with Refinitiv Lipper and author of the Fund Market Insight Report, which provides in-depth monthly commentary on
0 Comments
Thesis Welcome to Orchid’s Palladium Weekly report, in which we discuss palladium prices through the lenses of the Aberdeen Standard Physical Palladium Shares ETF (NYSEARCA:PALL). PALL has traded sideways of late, reflecting a horizontal consolidation in the PGM space. Palladium’s fundamentals are less tight than expected due to the COVID-19 shock, which is reflected in
0 Comments
Photo Source: Tasos Katopodis/Pool via REUTERS. Federal Reserve Chairman Jerome Powell, wearing a face mask, testifies before the House of Representatives Financial Services Committee during a hearing on oversight of the Treasury Department and Federal Reserve response to the outbreak of the coronavirus disease (COVID-19), on Capitol Hill in Washington, U.S., June 30, 2020. For
0 Comments
As the coronavirus pandemic continues to inject elements of uncertainty into the financial markets, investors seem to be testing various assets in order to identify the instruments that are most likely to possess safe haven qualities. Since May 2020, valuations in the Invesco CurrencyShares Euro Trust (NYSEARCA:FXE) have risen by over 5.5% and these moves
0 Comments
Lipper’s fund asset groups (including both mutual funds and ETFs) suffered net negative flows of $31.3 billion for the fund-flows trading week ended Wednesday, July 1. The net outflows were attributable to money market funds (-$28.0 billion) and equity funds (-$10.0 billion). Money market funds have had net money leave for seven consecutive weeks while
0 Comments
Main Thesis The purpose of this article is to evaluate the PIMCO High Income Fund (PHK) as an investment option at its current market price. This is a fund I have avoided for years, despite regularly buying and recommending other PIMCO CEFs. As we move into the second half of 2020, I continue to see
0 Comments
The non-agency MBS sector has gone through a roller-coaster ride in the last few months due to heavy sell-downs by leveraged players and a subsequent snapback in demand by value hunters. We remain overweight the sector on the service due to continued sector demand, fiscal support of households and a decent housing price backdrop. In
0 Comments
As you can see in the following chart, the United States Natural Gas Fund (UNG) has seen a bit of a rally over the past week in line with a surge in the commodity, after several months of losses. This has been a very trying year for long traders in this natural gas ETF as
0 Comments
Introduction The Vanguard Growth ETF (NYSEARCA:VUG), which I wrote briefly about in this article titled 3 Great Large Cap Growth ETFs To Pick Up On A Dip, consistently outperforms the S&P 500. It has, however, lagged behind technology as one can see in the chart below. The ETF charges an ultra-low fee of just 0.04%
0 Comments
A couple of weeks ago, I wrote an article where I estimated that iShares MSCI Brazil Capped ETF (EWZ) would remain stagnant in the short-term. Since then, EWZ’s price has fluctuated around $29, which is less than my estimate of $31. The FX rate was responsible for the majority of EWZ’s volatility and underperformance, which,
0 Comments
The market (NYSEARCA:SPY) just hit a speed bump by trying to rocket to the old high after a Covid-19 market crash. Everyone was amazed at the quick bounce-back in the market despite the enormous unemployment and the continuing bear market in the economy. The market was optimistically looking for a rare “V” bottom and a
0 Comments
Originally Published August 15, 2019 The following data is derived from trading activity on the Tradeweb Markets institutional European- and U.S.-listed ETF platforms. European-Listed ETFs Total traded volume Trading activity on the Tradeweb European-listed ETF marketplace reached EUR 30.67 billion in July, a new high for monthly notional volume. The proportion of transactions completed via
0 Comments
In this article, we examine the significant weekly order flow and market structure developments driving XLU price action. As noted in last week’s XLU Weekly, the highest probability path for this week was for neutral price discovery. This week’s primary expectation played out, albeit marginally, as balance developed early week at current, all-time highs, before
0 Comments
As markets chop around from the recent trade war and recession contagion spreads, its hard to find investments that you can park your money in while waiting for things to settle down. This week, I received a message from a Seeking Alpha reader asking if I would look at the PIMCO Enhanced Short Maturity Active
0 Comments