ETF Talk

These ETFs Hit New 52-Week Highs In An Ultra Bullish Week

As the markets continue to digest implications of the landmark OPEC oil production cut deal, XES — which tracks an index of oil and gas services companies — has really skyrocketed. The fund has added nearly 28% in value over the past month alone, largely due to a huge bounce beginning in late...

Facebook Admits Miscalculating Even More Ad Metrics

In a new blog post today, the company said it uncovered a problem with the number of likes and shares that it displays for web links via its Graph API for advertisers, as well as its mobile search field. From Facebook:
We have found that there may be a difference between what these metrics...

This Emerging Markets ETF Is At A Critical Technical Level

In the immediate aftermath of the election, emerging market equities were one of the biggest losers, swiftly falling over 9%. However, after more or less holding support at the 200-DMA the iShares Emerging Markets ETF (EEM) has rallied back close to 7%. At yesterday’s close, though, the ETF finished the day right below its downward sloping 50-day moving average.
The technical reasoning is fairly simple: if EEM can break through its 50-day moving average, it would likely surge to new highs. If it fails to break above that key level, however, it could give up all of its recent gains, and then some.
At least one major analyst is very bullish that emerging markets will in fact...

Vail Resorts Q1 Earnings Badly Miss The Mark

The Broomfield, Colorado-based company reported a Q1 net loss of $1.70 per share, which was $0.14 worse than the $1.56 per share loss that analysts had expected. Revenues rose 2.1% from last year to $178.3 million, also falling short of Wall Street’s $183.46 million estimate.

Broadcom Shares Rise As Earnings And Forecast Beat Expectations

The San Jose-based company reported adjusted Q4 EPS of $3.47, which was $0.09 better than the $3.38 that analysts had expected. Revenues surged 123.7% from last year to $4.15 billion, also beating out Wall Street’s $4.12 billion view.
Q4 gross margin from continuing operations totaled 60...

Top Shelf Traders Features iSPYETF’s Profit Radar Report

Top Shelf Traders, a monthly eMagazine for active investors and traders, just featured iSPYETF’s Profit Radar Report.
Every month, Top Shelf Trader introduces unique approaches to trading stocks, options, futures, and Forex.
The Profit Radar Report is featured in the “Stock” section.