|Bid||29.59 x 900|
|Ask||29.64 x 2200|
|Day's Range||0.00 - 0.00|
|52 Week Range|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||8.80%|
|Beta (3Y Monthly)||1.18|
|Expense Ratio (net)||0.39%|
Wall Street ended higher last week primarily buoyed by positive developments in U.S.-China trade talks. We have highlighted last week's best and worst-performing ETFs.
Here is a look at the 25 best and 25 worst ETFs from the past trading month. Traders can use this list to find prospective candidates that have deviated too far from their longer-term trends, thereby serving as potential starting points for those looking to take on either short or long positions. Likewise, traders can also use this list to spot potential trend reversal opportunities that may offer a generous risk/reward. 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.
If you aren't already betting on metals and mining stocks, you ought to consider doing so now. The sector faces "a 'Goldilocks' backdrop," states a recent report from British bank Barclays, which cites dovish interest rate policy from the Federal Reserve, improving economic conditions in China, and positive U.S.-China progress on trade. were recently up 24% and 38%, respectively, so far this year according to Morningstar. Both produce iron ore as well as other industrial metals.
Is the Party Just Getting Started for Iron Ore Miners?(Continued from Prior Part)Citibank recommends participating in the current iron ore price rallyCitibank (C) is advising investors to participate in the current iron ore price (PICK) rally. The
Could China’s Slowdown Weigh on Iron Ore Prices This Year?(Continued from Prior Part)Daily average output slides Previously, we looked at how Chinese iron ore imports stayed weak last year due to lower steel production. As reported by Reuters,