|Bid||44.32 x 800|
|Ask||48.03 x 1100|
|Day's Range||45.75 - 47.65|
|52 Week Range||25.62 - 53.30|
|PE Ratio (TTM)||N/A|
|YTD Daily Total Return||57.60%|
|Beta (3Y Monthly)||2.72|
|Expense Ratio (net)||0.95%|
The U.S. Commerce Department is receiving license requests for granting sales to Huawei. In such a scenario, we look at a few chip ETFs which will benefit from a nod in favor.
There is a hidden string that ties currencies to crude oil. This correlation persists for many reasons, including resource distribution, the balance of trade (BOT), and market psychology. Also, there is crude oil’s significant contribution to inflationary and deflationary pressures that intensifies these interrelationships during strongly trending periods—both to the upside and to the downside.
TORONTO , Aug. 1, 2019 /CNW/ - Frontera Energy Corporation (FEC.TO) ("Frontera" or the "Company") announces today the release of its Interim Condensed Consolidated Financial Statements for the second quarter of 2019, together with its Management, Discussion and Analysis ("MD&A"). All values in this news release and the Company's financial disclosures are in United States dollars unless otherwise stated.
Trump adds more Chinese tech entities to the Entity List. This puts spotlight on major U.S. chip suppliers to these entities and the impact on the ETFs holding them.
Post U.S. blacklist, Google denied Huawei access to certain updates to the Android system. Here, we study the impact of the ban on some semiconductor ETFs with exposure to Huawei's key U.S. suppliers.
The U.S. bull market will turn 10 with more room to run. The S&P 500 Index has quadrupled, rallying more than 300%, from the bear-market bottom hit on Mar 9, 2009.
Apple Inc. ( AAPL) is among the hardest hit tech stocks in November's market rut. The Cupertino, California-based company entered bear territory this week after crashing more than 21% from its 52-week high of $233.47. Goldman Sachs cut Apple’s price target from $209 to $182 on Tuesday, citing lower demand from China.
In a pre-Thanksgiving rout, the broad market is feeling the pain of indigestion as the Dow Jones Industrial Average swallowed up to 500 points of losses, but the declines in the technology sector, specifically leveraged semiconductor exchange-traded funds (ETFs) like the Direxion Daily Semiconductor Bull 3X ETF (SOXL), could benefit from a dip in chips. For much of the year, SOXL was riding high on the strength of tech in the historic bull market run for U.S. equities, but it took a brunt of the semiconductor sector's punishment on Friday--down almost 7%--with its 300% exposure thanks to Nvidia missing on revenue for its third quarter earnings report. The losses continued to roil Nvidia on Monday as shares fell 9.3%, which in turn, caused the decline in SOXL by 8.73%.
Nvidia outperformed analyst expectations in the earnings department, but missed on the revenue front, whiplashing semiconductor exchanged-traded funds (ETFs) in the process. Nvidia stock fell as much as 16% in Friday's early trading session, while semiconductor ETFs were taken down with it-- ProShares Ultra Semiconductors (USD) --down 5%, VanEck Vectors Semiconductor ETF (SMH) --down 2.34% and iShares PHLX Semiconductor ETF (SOXX) --down 3.30%. Leveraged ETF plays like the Direxion Daily Semiconductor Bull 3X ETF (SOXL) have been riding high on the strength of the technology sector in the historic bull market run seen in U.S. equities, but it took a brunt of the semiconductor sector's punishment on Friday--down almost 7%--with its 300% exposure.