16.31 -0.04 (-0.24%)
After hours: 4:55PM EDT
|Bid||0.00 x 321800|
|Ask||0.00 x 317000|
|Day's Range||15.98 - 16.36|
|52 Week Range||13.11 - 16.36|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||0.14|
|Expense Ratio (net)||0.50%|
Perth Mint Physical Gold ETF (AAAU) launched on the NYSE this week. Richard Hayes, the Perth Mint CEO, joins Seana Smith on 'The Ticker' to discuss the investment opportunities in gold.
After rallying at the start of the year, silver stocks and silver and exchange-traded funds (ETFs) spent months giving back those gains and badly lagging competing gold products. Historically, silver prices are strongly correlated with gold, so when bullion moves higher, expectations are in place that the white metal will follow suit. It took awhile for silver ETFs to get their respective acts together, but it happened.After putting in a bottom in June, the iShares Silver Trust (NYSEARCA:SLV), the largest ETF backed by physical holdings of silver, surged more than 11% just this month to reside near its highest levels in several years.While silver ETFs are more volatile than their gold counterpart, the two precious metals are often bolstered by the same factors, including geopolitical tensions, lower interest rates, investors' desire for safe-haven assets and a weaker dollar, among other factors.InvestorPlace - Stock Market News, Stock Advice & Trading TipsGold and silver ETFs share another trait: miners tend to overshoot price action in those metals, both to the downside and the upside. That explains why investors that keep track of such things have been seeing so many silver ETFs on the 52-week high lists in recent weeks. * 15 Growth Stocks to Buy for the Long Haul Indeed, the white metal has rallied in epic fashion over the past two months, but these silver ETFs could have more upside in store for investors, particularly if the dollar declines. Silver ETFs to Buy: ETFMG Prime Junior Silver ETF (SILJ)Expense Ratio: 0.69% per year, or $69 annually per $10,000 investedThe ETFMG Prime Junior Silver ETF (NYSEARCA:SILJ) has been around for nearly seven years, making it one of the original silver ETFs dedicated to small-cap miners. While the combination of miners and small-cap stocks might suggest that SILJ is not a suitable alternative for conservative investors, with this silver ETF up nearly 23% this month, it's hard to knock it when silver prices are rising.SILJ holds 32 stocks "seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Prime Junior Silver Miners & Explorers Index," according to ETFMG.Canadian miners account for over two-thirds of SILJ's weight while U.S.-based silver producers check in at almost 17%. There is some emerging markets exposure (almost 16%) because Peru and Brazil are major silver producers. Global X Silver Miners ETF (SIL)Expense Ratio: 0.65%Home to nearly $450 million in assets under management, the Global X Silver Miners ETF (NYSEARCA:SIL) is one of the largest silver miners ETFs. When the white metal surges, this silver ETF is a high-fly act in its own right as highlighted by its month-to-date gain of almost 13%.A world awash with negative interest rates, central banks lowering borrowing costs and thirst for safe assets are among the factors boding well for silver ETFs, including SIL. But this fund is attractive for another reason: Silver's valuations relative to gold are appealing. * 7 Stocks the Insiders Are Buying on Sale "A common valuation metric to assess whether silver is undervalued relative to gold is the gold/silver ratio. A high ratio indicates silver could be undervalued," said Global X in a recent note. "Historically, since 1998, the gold/silver ratio has averaged a level of around 64. As shown in the chart below, although silver has rallied recently, the ratio remains well above historical levels at just below 90. This could be an indication that within the precious metals complex, silver may be more of a relative value play than gold." iShares MSCI Peru ETF (EPU)Expense Ratio: 0.59%Obviously, the iShares MSCI Peru ETF (NYSEARCA:EPU) is not a dedicated silver ETF, but it is the only ETF dedicated to stocks in one of the world's largest silver-producing countries. On that note, EPU has been a disappointment this year as it has traded mostly flat.EPU is more than a decade old, tracks the MSCI All Peru Capped Index and holds just 24 stocks. That roster size is reflective of the small size of Peru's equity market, but EPU does a more than adequate job of representing the commodity's intensive nature in Peru's economy, with a weight of more than 46% dedicated to materials stocks, including some silver miner stocks found in the fund's top 10 holdings.Peru's central bank recently cut interest rates, joining a slew of emerging markets that have done so, but that move was on the back of some weak economic data, indicating investors may want to wait for the numbers to firm up in Peru before embracing EPU. iShares MSCI Global Silver Miners ETF (SLVP)Expense Ratio: 0.39%As you've probably noticed, miners ETFs carry higher fees than typical sector and industry funds and many are pricier than standard commodities funds like SLV. I'm not saying the iShares MSCI Global Silver Miners ETF (CBOE:SLVP) is the best silver ETF, but at the very least, it is the cheapest silver miners ETF as highlighted by its annual fee of just 0.39%.SLVP tracks the MSCI ACWI Select Silver Miners Investable Market Index and is higher by nearly 26% year-to-date. The trade-off in getting this silver ETF's lower-by-comparison fee is concentration risk. This iShares fund allocates 23.23% of its weight to just one stock: Wheaton Precious Metals Group (NYSE:WPM). * 10 Medical Marijuana Stocks to Cure Your Portfolio That stock is up 41.12% year-to-date and looks poised for a technical breakout, but if the market sours on Wheaton, it will be next to impossible for SLVP to emerge unscathed. Aberdeen Standard Physical Silver Shares ETF (SIVR)Expense Ratio: 0.30%The Aberdeen Standard Physical Silver Shares ETF (NYSEARCA:SIVR) is not a miners fund. Rather, this silver ETF is backed by physical holdings of the white metal, meaning it is appropriate for long-term investors looking for some commodities exposure as a way of adding some diversity to equity and fixed income-heavy portfolios.SIVR's primary rival is the aforementioned SIL. While the iShares product is bigger, long-term investors should be seduced by size because SIVR is 20 basis points per year cheaper than SIL.Noting that commodities funds like SIL and SIVR do not pay interest or dividends, meaning that capital appreciation is the sole driver of investor outcomes, fees really make a difference here. This makes SIVR is the best silver ETF to buy for cost-conscious investors.As of this writing, Todd Shriber did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 15 Growth Stocks to Buy for the Long Haul * 5 More Cloud Stocks With Plenty of Potential * 5 Clean Energy ETFs to Buy for 2019 The post 5 Silver ETFs That Will Keep Shining appeared first on InvestorPlace.
Hong Kong Continues Its Slide Into Chaos With Chinese Troops On The Border Hong Kong stocks (NYSEARCA:EWH) are sliding again, down 15% in a month, as a second mass protest in the Hong Kong airport is threatening to shut down all international flights again. There is worry now that we could see another Tiananmen Square-type […]The post Market Morning: Hong Kong Chaos, Rates Plummet, Gold Soars, Hybrid Lull, Uber Bleeds appeared first on Market Exclusive.
The U.S. stock market stepped back from the cliff’s edge with a key reversal Wednesday. Please click here for an annotated chart of iShares 20+ Year Treasury Bond ETF (TLT) For the sake of transparency, the second and third charts were previously published and no changes have been made.
It's been said there's always a bull market somewhere. But if you want to catch this type of trend as its emerging on the price chart, there may be no better spot than in silver. And the smarter way to capitalize on this cycle is buying leadership in silver stocks Wheaton Precious Metals (NYSE:WPM), Pan American Silver (NASDAQ:PAAS) and First Majestic Silver (NYSE:AG).Silver has earned a reputation as the proverbial ugly sister of gold. And in recent years that label has been rightfully earned. Performance wise, the iShares Gold Trust (NYSEARCA:GLD) recently broke above its key 2016 high. At the same time, the iShares Silver Trust (NYSEARCA:SLV) is about 23% below that year's high-water mark.InvestorPlace - Stock Market News, Stock Advice & Trading TipsThe under-performance doesn't stop there either. Right now GLD stock is also roughly 27% from its high in 2011 which immediately preceded a lengthy bear market for the precious metal. On the other hand, silver is off by 70%. And unlike gold, silver is still in the grips of this menacing force. * The 10 Best Stocks to Invest in for August Markets do however rotate through both bull and bear cycles. Some may take their time, but it's a universal truth. What's more, those winds of change are blowing for silver stocks following May's higher low pattern in the commodity and this month's breakout of downtrend resistance dating back to the 2016. And that's even better news for market-leading silver stocks WPM, PAAS and AG stock.But to position more smartly, it's time to locate entry points in these silver stocks which offer bullish exposure with less risk and stronger upside potential. Wheaton Precious Metals (WPM) Click to EnlargeWheaton Precious Metals is the first of our silver stocks to buy. WPM stock has displayed relative strength during all of 2019 and there's little reason to think this trend won't continue. After breaking out and subsequently successfully testing downtrend resistance dating back to 2016, WPM has continued to rally strongly to fresh relative highs.The provided weekly view of this silver stock does a good job of displaying WPM's technical wherewithal. However, a candle topping pattern and overbought situation suggests a pullback is likely and hence, buying into weakness is the strategy of choice.Put WPM stock on the radar for a pullback entry. Ideally, a decline in price will result in this silver stock moving into the area from $23 - $24.50 which has multiple layers of Fibonacci and trendline support. A price drop of this size should also neutralize today's overbought condition. I'd suggest using a confirmed weekly low in shares for exiting and taking initial profits as shares rally to challenge 2016's high. Pan American Silver (PAAS) Click to EnlargePan American is the second of our silver stocks. Unlike WPM, shares haven't broken out above trendline resistance. But PAAS stock is interesting as it displayed relative strength back in 2017 by challenging 2016's ubiquitous high when other silver stocks were sinking.Since that period of outperformance PAAS has put together a downward sloping channel. Shares are now stationed up against resistance. However, they've also broken above the 50% retracement level from the 2017 high. Given a bit of additional consolidation work and maybe a chance for its own overbought conditions to be worked off, this silver stock looks good to stage a meaningful breakout. * 6 Upcoming IPOs for August Buy this silver stock on a breakout. Maybe PAAS's overbought conditions will ease before a trigger, but sometimes overbought conditions beget more of the same. This looks like one of those situations. I'd recommend using the consolidation low or up to 10% for a stop-loss to contain downside exposure. On the upside, a challenge of PAAS stock's 2016 and 2017 highs near $21 for taking partial profits is suggested. First Majestic Sliver (AG) Click to EnlargeFirst Majestic Silver is the last of our silver stocks. In 2016, AG stock showed amazing technical leadership as shares blasted higher by nearly six-fold before crashing lower with silver and most other industry players. With AG stock I'm looking for a return of price momentum in 2019's second half.Currently shares of AG are testing the 2017 high which is aligned with the 38% retracement level from 2016's cycle peak. Similar to PAAS, I'm not expecting a deeper pullback pattern to emerge. It could happen, but for now I'd put this silver stock on the radar for purchase above the high formed last week.On the upside, I'd be aware of the $12.00 area as the 50% retracement level comes into play. However, with AG stock above its 2017 peak and the decline from 2016's high a swift price collapse, I'm anticipating resistance won't be any trouble until approximately $13.50 and the 62% level. That's where I'd look to take initial profits.For AG stock to stay on the watch list as a momentum-style breakout candidate, I'd like to see shares remain above $9.25. If this silver stock falters, the entry is off the table and waiting for a much deeper and oversold pullback to form would make sense.Disclosure: Investment accounts under Christopher Tyler's management do not currently own positions in any securities mentioned in this article. The information offered is based upon Christopher Tyler's observations and strictly intended for educational purposes only; the use of which is the responsibility of the individual. For additional options-based strategies and related musings, follow Chris on Twitter @Options_CAT and StockTwits. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Stocks to Buy With Over 20% Upside From Current Levels * The 10 Best Stocks to Invest in for August * 6 Upcoming IPOs for August The post 3 Silver Stocks to Buy: WPM, AG and PAAS appeared first on InvestorPlace.
KRAKOW, Poland, July 25, 2019 /PRNewswire/ -- Selvita, S.A. (SLV.WA), a leading clinical stage drug discovery company committed to developing innovative medicines for treatment of patients with cancer, announced today the appointment of Setareh Shamsili, M.D., Ph.D., to the role of Chief Medical Officer. "Setareh's impressive track record advancing novel oncology compounds through clinical development will significantly strengthen Selvita's capabilities in moving our first clinical study forward in the U.S. with SEL120, our fully proprietary oral, selective inhibitor of CDK8 for the treatment of acute myeloid leukemia and myelodysplastic syndromes," commented Pawel Przewiezlikowski, Chief Executive Officer of Selvita.
U.S. stock indices were again quiet on Wednesday, as we begin to chip away at the tip of the earnings iceberg. We're mostly delving through the banks right now, but will have tech and other industries beginning soon. Let's look at a few top stock trades. Top Stock Trades for Tomorrow 1: Tesla Click to EnlargeTesla (NASDAQ:TSLA) stock has been moving favorably, working on its seventh straight week of gains. InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's getting into a very key area though, the $250 to $260 zone. This was prior range support for years, buoying Tesla stock on each test. Back in May, the stock plunged below this mark, rebounded the next week and failed to reclaim it. * 4 Retail Stocks to Buy in Time for the Back-to-School Rush This is all shown via the purple arrow on the chart and shows when an area shifts from support to resistance. Now back in this area, it's vital for TSLA stock to reclaim this range level in order to keep the rally alive. Those who bought Tesla sub-$200 as a trade may consider booking some profits here. Should shares push through, look for a rally up to the 200-week moving average, currently at $273. On a pullback, see that the 10-week holds as support. I wouldn't want to see Tesla below $240. Top Stock Trades for Tomorrow 2: Abbott Labs Click to EnlargeAbbott Labs (NYSE:ABT) hit new highs after the company reported earnings. However, the stock is not moving as robustly as one might have expected. I want to see ABT stock hold $85 on the downside and see if it can push up to channel resistance on the upside. Top Stock Trades for Tomorrow 3: Gold Click to EnlargeThe move has been years in the making, but the SPDR Gold ETF (NYSEARCA:GLD) is starting to make some waves. The iShares Silver Trust ETF (NYSEARCA:SLV) has been trading well too, but isn't putting together the kind of chart GLD is. Above is a long-term weekly chart. With GLD over the $128 to $130 area, it's in breakout mode. While shares are putting in a nice bull flag setup after a huge burst higher in June, we absolutely need to see prior resistance hold as support. A rate cut should help fuel a rally for gold, although the market is surely starting to price in such an event. Over $135.55 sends GLD even higher. A pullback to $130 or the 10-day moving average that holds as support may be a buy-the-dip opportunity. Top Stock Trades for Tomorrow 4: Invitae Click to EnlargeShares of Invitae (NASDAQ:NVTA) took off Wednesday, rallying up toward $24 at one point in the day. Citron Research said it had a position in the name and is using a $100 price target. We've been telling InvestorPlace readers for months that we love this name. Today's action came with perfect timing. On Twitter on Tuesday, we pointed out that NVTA stock broke below the 20-day moving average, but reclaimed this mark by the close. That was very constructive action, while Wednesday's action has been downright impressive. The action is similar to what we saw last month, where shares broke below the 20-day, reclaimed it in the same session, then went on a monster run over the next few days. I'm not sure that history repeats, but investors are hopeful that it will. Let's see if NVTA can push through $24 to $24.50. If it can, $26+ could be in the cards. Top Stock Trades for Tomorrow 5: Teva Pharmaceutical Click to EnlargeShares of Teva Pharmaceutical (NYSE:TEVA) are taking it on the chin. The stock is down 11% in just three days and more than 20% from its highs earlier this month. * 8 Penny Stocks That Have Fallen From Grace The stock hit new 52-week lows on the move and is threatening to fall below $8 support. Longs with a strong stomach can play against Wednesday's lows, but Teva has not been a great one to own. A break below $8 could accelerate the selling pressure. A rally could bring Teva back up to its 20-day moving average. Above that and $10 is possible. Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long NVTA. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post 5 Top Stock Trades for Thursday: TSLA, GLD, ABT appeared first on InvestorPlace.
Gold Recovers after “Trade Deal Progress” Fall It didn’t take gold (NYSEARCA:GLD) long to recover after declining to $1,384 on Monday on news of the best meeting ever between President Trump and Chinese President Xi Jinping on Monday. Xi promised to buy US agriculture, even though the Chinese government doesn’t actually buy food, but rather […]The post Market Morning: Gold Slingshot, Cannabis Consolidation, Baidu Debacle, Vietnam Tariff Bazooka appeared first on Market Exclusive.
In this daily bar chart of SLV, below, we can see that prices made a bottom back in September-November, followed by a rally into February and a retest in May. This month saw SLV rally above the rising 50-day moving average line as well as the now bullish 200-day line. Notice the rising On-Balance-Volume (OBV) line from November to June? Prices are now above the bottoming 40-week moving average line.
Gold futures rally Friday, posting their highest finish in over seven weeks, as investors flee to the perceived safety of havens like precious metals amid fresh signs of escalation in tariff tensions between the U.S. and its global trade partners.
Lackluster trading in gold futures Thursday gives way to a solid move higher, as tepid trade in equity markets and persistent worries about U.S.-China trade tensions and sluggish global economic growth help lift prices to their highest finish in roughly two weeks.
- Investigational New Drug (IND) application to conduct a Phase 1 study of selective CDK8 inhibitor SEL120 cleared by U.S. Food and Drug Administration (FDA) - Dosing of first patient in Phase 1 study ...
KRAKOW , Poland , May 13, 2019 /PRNewswire/ -- Selvita (WSE: SLV), a clinical stage drug discovery and development company engaged in the research and development of novel cancer therapies, today announced ...
Newmont Mining Beats Q1 Earnings Estimates(Continued from Prior Part)Newmont-Goldcorp mergerAs we highlighted in Newmont (NEM) and Goldcorp Merge, Form World’s Largest Gold Company, the merger of Newmont and Goldcorp was completed on April 18.
Banks will highlight first-quarter earnings for 2019 on Friday, which could give precious metals a jolt of gains if the weak guidance expected by a number of corporations translates to a move to safe-haven assets. Of course, the strength of precious metals will be tied to the Fed and their interest rate policy in correlation with the dollar. Increased dovishness by the central bank could continue to feed into safe-haven asset like precious metals.
To help investors keep up with the markets, we present our ETF Scorecard. The Scorecard takes a step back and looks at how various asset classes across the globe are performing. The weekly performance is from last Friday’s open to this week’s Thursday close.
A strong U.S. dollar on Thursday caused precious metals to fall as seen in exchange-traded funds (ETFs) like the SPDR Gold Shares (GLD) and the iShares Silver Trust (SLV) . Gold prices reached a three-week low and silver touched down to a three-month low as the dollar rose to a multi-month high. Another precious metal, palladium, fell 16 percent from the previous week's highs.
KRAKOW, Poland, March 28, 2019 /PRNewswire/ -- Selvita (SLV.WA), a clinical stage company engaged in the research and development of novel cancer therapies as well as provision of drug discovery and development services, today announced that it plans to separate into two companies. One company will focus on development of small molecule therapeutics in oncology and the other will provide contract research services.