|Bid||99.90 x 1100|
|Ask||100.89 x 800|
|Day's Range||96.33 - 99.54|
|52 Week Range||54.09 - 132.23|
|PE Ratio (TTM)||N/A|
|Beta (3Y Monthly)||-0.19|
|Expense Ratio (net)||1.65%|
As the Federal Reserve ponders a possible rate cut following its meeting near the end of the month, gold bulls are lying in wait and ready to pounce with leveraged exchange-traded funds (ETFs). Funds like the Direxion Daily Gold Miners Bull 3X ETF (NUGT), VanEck Vectors Gold Miners (GDX) and the Direxion Daily Jr Gold Miners Bull 3X ETF (JNUG) are certainly in play. “Gold, for most parts, is steady as we are on hold until we get to the Fed meeting.
Dividend investing is back in fashion as wild price swings in the stock market and prolonged uncertainties weigh on investor sentiment. Retail companies enjoyed a strong holiday season but online sales continue to eat into brick-and-mortar shops’ margins. Brazil came third as the nation’s stock market soared to all-time highs on positive momentum. Biotechnology shares marked a major reversal on mergers and encouraging trial data. Small caps closed the list as some investors are adding them back to their portfolios. Check out our previous Trends edition at Trending: Brazil Welcomes New President in Hope of Economic Resurgence.
Brazil entered the era of right-wing nationalism, as Jair Bolsonaro became president of the Republic at the start of 2019. Metals spiked in December as the stock market crashed. Investors looking for safety chose silver and pushed its price to five-month highs. Alternative energy equities ranked third last week as a host of contracts were announced. Marijuana ETFs had a booming year and the world is getting ready to jump on the trend in 2019. Battered European equities breathed a sigh in relief after Italy pledged to reduce its massive deficit while also imposing a few social reforms. Check our previous Trends edition at Annual Review of the ETF Trends.