|Bid||28.63 x 100|
|Ask||28.75 x 100|
|Day's Range||29.30 - 30.49|
|52 Week Range||22.80 - 72.47|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.95%|
Gold suffered Thursday, as the European Central Bank’s monetary-policy meeting hurt the euro (boosting the dollar) and markets largely shrugged off Congressional testimony by former FBI head James Comey, ...
Beginning July 1, India will replace its complex tax code with a simplified Goods & Services Tax (GST), applicable nationwide. The World Gold Council has a report out on the planned changes Thursday, writing that it may have an impact on the precious metal, but ultimately it's for the best. The Council calls it the biggest financial reform since India's liberalization more than 20 years, and while gold consumers will face a higher tax rate (the 10% customs duty isn't affected, the 1% excise duty, and 1.2% VAT will be replaced with 3% GST), that's lower than many feared.
Here is a look at ETFs that currently offer attractive short selling opportunities. The ETFs included in this list are rated as sell candidates for two reasons. First, each of these funds is deemed to be in a downtrend based on the fact that its 50-day moving average is below its 200-day moving average, which are popular indicators for gauging long-term and medium-term trends, respectively. Second, each of these ETFs is also trading above its five-day moving average, thereby offering a near-term ‘sell on the pop’ opportunity given the longer-term downtrend at hand. Note that this prospects list also features a liquidity screen by excluding ETFs with average trading volumes below the one million shares mark. As always, investors of all experience levels are advised to use stop-loss orders and practice disciplined profit-taking techniques. To get access to all ETFdb.com premium content, sign up for a free 14-day trial to ETFdb.com Pro.