A chip shortage is just what bullish semiconductor traders need. Now, ETFs like the Direxion Daily Semiconductor Bull 3X ETF (SOXL) could get additional tailwinds thanks to Joe Biden.
Up 30% to start the year, the
Invesco Golden Dragon China ETF (PGJ) is breathing fiery gains as the world’s second largest economy looks to continue to gain momentum.
PGJ seeks to track the investment results of the NASDAQ Golden Dragon China Index. The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index.
The underlying index is composed of securities of U.S. exchange-listed companies that are headquartered or incorporated in the People’s Republic of China. Unlike some China ETFs, PGJ does a decent job of spreading exposure throughout the economy; weightings to banks and energy aren’t overwhelming, and the often-overlooked tech sector receives a significant weighting too.
VanEck Introducing a Social Media ETF to Capture Retail Trading Hype February 11, 2021
With the advent of smartphone applications, it’s difficult to get away from social media. The majority of today’s retail investors are bombarded with social media influences on a daily basis. ETF provider VanEck has sniffed out an opportunity with the creation of the
With all the hype surrounding the Reddit user forum WallStreetBets, the timing couldn’t be more auspicious. Since the GameStop debacle that saw retail traders associated with the forum short squeeze hedge fund positions and cause catastrophic losses, the capital markets are giving sentiment trading via social media a closer look.