ETFs en You Can Bet On Stocks And Sports With This New iGaming ETF <p>High-flying <strong>DraftKings</strong> (NASDAQ: <a class="ticker" href="">DKNG</a>) finally has a home in an exchange-traded fund and investors finally have a way of accessing the fast-growing sports betting market in an umbrella fashion with today&#39;s debut of the <strong>Roundhill Sports Betting &amp; iGaming ETF</strong> (NYSE:BETZ).</p> <h3><strong>What To Know</strong></h3> <p>The Roundhill Sports Betting &amp; iGaming ETF debuts on the day that marks the first birthday of Roundhill&#39;s first ETF: the <strong>Roundhill BITKRAFT Esports &amp; Digital Entertainment ETF</strong> (NYSE: <a class="ticker" href="">NERD</a>).</p> <p>Like its older stablemate, BETZ is appropriately tickered and addresses a high-growth market highly attractive to younger players and investors.</p> <p>BETZ tracks the Roundhill Sports Betting &amp; iGaming Index and in the &ldquo;fun fact&rdquo; column, that benchmark allocates <a href="">just over 7% of its weight</a> to DraftKings. The online sportsbook company went public on April 24 and BETZ is its first ETF home of note.</p> <h3><strong>Why It&#39;s Important </strong></h3> <p>BETZ debuts as analysts are dramatically increasing their forecasts for the iGaming and sports wagering markets. Just a few months ago, even the <a href="">rosiest of ...</a></p><p><a href= alt=You Can Bet On Stocks And Sports With This New iGaming ETF>Full story available on</a></p> BETZ BYD DKNG ERI gambling GAN Long Ideas MGM NERD News PENN Sector ETFs sports betting New ETFs Top Stories Trading Ideas ETFs ERI GAN PENN US7075691094 BYD US1033041013 MGM US5529531015 NERD DKNG BETZ Long Ideas Sector ETFs News New ETFs Top Stories Trading Ideas ETFs Benzinga Thu, 04 Jun 2020 18:55:07 +0000 ETF Professor 16181821 at 'Fast Money' Traders Weigh In On Gold <p>On <a href="">CNBC&#39;s &quot;Fast Money Halftime Report,&quot;</a> Meghan Shue said that short-term fundamentals suggest a mixed outlook for gold in the near term. She would look for a better entry point.</p> <p>Joe Terranova said&nbsp;he always likes to ...</p><p><a href= alt=&#039;Fast Money&#039; Traders Weigh In On Gold>Full story available on</a></p> CNBC Fast Money Halftime Report GDX GDXJ GLD Gold Joe Terranova Meghan Shue Pete Najarian XME Specialty ETFs Commodities Markets Media ETFs GDX US57060U1007 GLD US78463V1070 XME US78464A7550 GDXJ US57060U5891 Specialty ETFs Commodities Markets Media ETFs Benzinga Wed, 03 Jun 2020 21:32:07 +0000 Craig Jones 16174841 at A Magnificent Ascent For The Newest Cloud ETF <p>If the technology sector is hot this year (it is), then cloud computing stocks and exchange-traded funds are scorching (they are).</p> <p>The seemingly never-ending ascent of dedicated cloud computing ETFs to records continued Monday as all three funds addressing the industry hit all-time highs.</p> <h3><strong>What Happened</strong></h3> <p><a href="">As was recently noted here</a>, not all cloud ETFs are the same. In fact, the trio aren&#39;t even really cousins. They&#39;re more like distant relatives.</p> <p>Still a few months shy of its first birthday, the <strong>WisdomTree Cloud Computing Fund</strong> (NASDAQ: <a class="ticker" href="">WCLD</a>) is the newest member of the cloud ETF fray.</p> <p>Rookie status aside, WCLD is higher by more than 42% in the year-to-date period with the help of an almost 29% gain of the past month. That&#39;s enough ...</p><p><a href= alt=A Magnificent Ascent For The Newest Cloud ETF>Full story available on</a></p> WCLD New ETFs ETFs WCLD New ETFs ETFs Benzinga Tue, 02 Jun 2020 18:50:13 +0000 ETF Professor 16158998 at 3 Soaring Cybersecurity ETFs <p>Apparently, cybersecurity stocks and exchange-traded funds don&#39;t want <a href="">their cloud counterparts</a> to have all the fun because Monday&#39;s batch of all-time high ETFs contains several cybersecurity offerings.</p> <p>Besides the obvious catalyst of strength in the broader technology, there are some fundamental factors buoying the ascent of cybersecurity ETFs. Some industry observers are saying that the coronavirus is creating <a href="">unprecedented opportunities</a> for nefarious hackers to target corporations and governments and that following the virus, companies and government entities will need to boost spending to win the fight against cybercriminals.</p> <p>Cyber warfare also sprouted up in the wake of the Minneapolis protests with <a href="">attacks targeting</a> city government and law enforcement computer networks.</p> <p>With that in mind, here are some of the cybersecurity that are winning.</p> <p id="title"><em>See Also: <a href="">Gun, Security Stocks Trade ...</a></em></p><p><a href= alt=3 Soaring Cybersecurity ETFs>Full story available on</a></p> BUG CIBR Cybersecurity ITEQ Sector ETFs WIX Top Stories Tech ETFs WIX CIBR ITEQ BUG Sector ETFs Top Stories Tech ETFs Benzinga Tue, 02 Jun 2020 12:40:41 +0000 ETF Professor 16158957 at Changes Are Coming For Airline ETF, Slight Reduction In Dependence on Top 4 US Carriers <p>The <strong>U.S. Global Jets ETF </strong>(NYSE: <a class="ticker" href="">JETS</a>), the lone exchange-traded fund dedicated to airline equities, is set to undergo some changes that will slightly reduce the fund&#39;s exposure to the four largest domestic carriers.</p> <h3><strong>What To Know</strong></h3> <p>JETS follows the U.S. Global Jets Index, which typically includes 30 to 35 stocks. When that index rebalances in March, June, September and December, it assigns weights of 12% to the four largest U.S. carriers.</p> <p>Currently, <strong>Southwest</strong> (NYSE: <a class="ticker" href="">LUV</a>), <strong>American Airlines</strong> (NASDAQ: <a class="ticker" href="">AAL</a>), <strong>Delta Air Lines</strong> (NYSE: <a class="ticker" href="">DAL</a>) and <strong>United Airlines </strong>(NASDAQ: <a class="ticker" href="">UAL</a>) combine for about 42% of the fund&#39;s weight.</p> <p>JETS&#39; next largest component doesn&#39;t command even 5% of the fund&#39;s weight, but the fund could be poised to become ...</p><p><a href= alt=Changes Are Coming For Airline ETF, Slight Reduction In Dependence on Top 4 US Carriers>Full story available on</a></p> AAL DAL JETS LUV Sector ETFs UAL Travel ETFs General DAL US2473617023 LUV US8447411088 UAL US9100471096 AAL JETS Sector ETFs Travel ETFs General Benzinga Mon, 01 Jun 2020 19:40:55 +0000 ETF Professor 16151166 at 4 Sector ETFs To Buy And Sell In June <p>&ldquo;<a href="">Sell in May and go away</a>&rdquo; is the saying, but historical data confirm May isn&#39;t a bad month for U.S. stocks. June&nbsp;isn&#39;t as the S&amp;P 500 averages a 0.6% decline in the sixth month of the year over the past two decades.</p> <p>Underscoring June&#39;s penchant for sub-par returns is the fact that of original sector SPDR exchange-traded funds, just three average gains in June.</p> <p>Here&#39;s a look at some of the sector ETFs to consider this month and a pair that could be worth avoiding given their ominous track records of June gloom.</p> <h3><strong>Utilities Select Sector SPDR (XLU)</strong></h3> <p>Reflecting the risk-off climate that often accompanies the arrival of June, the <strong>Utilities Select Sector SPDR</strong> (NYSE: <a class="ticker" href="">XLU</a>), averaging a gain of about half a percent, according to CXO Advisory Data.</p> <p>June marks the start of an interesting stretch for the largest ...</p><p><a href= alt=4 Sector ETFs To Buy And Sell In June>Full story available on</a></p> BA JNJ Long Ideas UNH XLF XLI XLU XLV Short Ideas Top Stories Trading Ideas ETFs XLF US81369Y6059 XLI US81369Y7040 XLU US81369Y8865 XLV US81369Y2090 BA US0970231058 JNJ US4781601046 UNH US91324P1021 Long Ideas Short Ideas Top Stories Trading Ideas ETFs Benzinga Mon, 01 Jun 2020 17:35:13 +0000 ETF Professor 16151190 at A Favored Fed ETF For June Focus <p>The <strong>iShares iBoxx USD Investment Grade Corporate Bond ETF</strong> (NYSE: <a class="ticker" href="">LQD</a>) was already the largest corporate bond exchange-traded fund heading into 2020, but the giant is growing in spectacular fashion this year.</p> <h3><strong>What Happened</strong></h3> <p>As was reported earlier this year, the Federal Reserve is stepping into various corners of the fixed income market and is using exchange-traded funds to do so. In the investment-grade corporate bond market, LQD is among the ETFs the central bank is buying.</p> <p>Year to date, investors allocated $11.70 billion to LQD, a total surpassed by just two other ETFs and enough to merit the behemoth a place as CFRA Research&#39;s focus ETF for the month of June.</p> <h3><strong>Why It&#39;s Important</strong></h3> <p>&ldquo;In ...</p><p><a href= alt=A Favored Fed ETF For June Focus>Full story available on</a></p> Analyst Color LQD Todd Rosenbluth Top Stories Federal Reserve Analyst Ratings ETFs LQD US4642872422 Analyst Color Top Stories Federal Reserve Analyst Ratings ETFs Benzinga Mon, 01 Jun 2020 16:40:30 +0000 ETF Professor 16151136 at Carter Worth And Mike Khouw's IWM Trade <p>On <a href="">CNBC&#39;s &quot;Options Action,&quot;</a> Carter Worth shared with the audience his technical view on <strong>iShares Russell 2000 Index</strong> (NYSE: <a class="ticker" href="">IWM</a>). He said the ETF is trading at its strong resistance and he sees the situation as a classic example of a rally ...</p><p><a href= alt=Carter Worth And Mike Khouw&#039;s IWM Trade>Full story available on</a></p> Carter Worth CNBC IWM Mike Khouw Options Action Broad U.S. Equity ETFs Options Markets Media ETFs IWM US4642876555 Broad U.S. Equity ETFs Options Markets Media ETFs Benzinga Mon, 01 Jun 2020 12:32:10 +0000 Craig Jones 16148997 at Leveraged Oil ETN Is A Robinhood Hit, Too <p>Users of the Robinhood trading platform often display a flair for the adventurous, be it with stocks or exchange-traded funds. Sometimes, that risk-taking pays off.</p> <p>When it comes to exchange-traded products, some <a href="">favorites among Robinhood users</a> include the suddenly resurgent <strong>U.S. Global Jets ETF</strong> (NYSE: <a class="ticker" href="">JETS</a>) and the controversial <strong>United States Oil Fund</strong> (NYSE: <a class="ticker" href="">USO</a>).</p> <p>Add the <strong>MicroSectors U.S. Big Oil Index 3X Leveraged Exchange Traded Notes</strong> (NYSE: <a class="ticker" href="">NRGU</a>) to that list.</p> <h3><strong>Why It&#39;s Important </strong></h3> <p>With so many triple-leveraged oil and energy sector funds either being shuttered or having their leveraged reduced during the March equity market swoon, ...</p><p><a href= alt=Leveraged Oil ETN Is A Robinhood Hit, Too>Full story available on</a></p> CVX Long Ideas News NRGU Penny Stocks Sector ETFs USO XOM Short Ideas Specialty ETFs Commodities Markets Trading Ideas ETFs USO US91232N1081 CVX US1667641005 XOM US30231G1022 NRGU Long Ideas Sector ETFs News Penny Stocks Short Ideas Specialty ETFs Commodities Markets Trading Ideas ETFs Benzinga Thu, 28 May 2020 15:50:54 +0000 ETF Professor 16124176 at 3 ETFs For Investors Looking To Access The Final Frontier <p>SpaceX&#39;s launch of NASA astronauts aboard the SpaceX Crew Dragon <a href="">was scrubbed Wednesday due to poor weather</a>, but it&#39;s rescheduled for Saturday and the event is renewing interest in space-related investments.</p> <p>In a world littered with <a href="">thematic exchange-traded funds</a>, best believe there are some products that play on the space theme. Actually, some of these funds are dedicated to space-related investing. Perhaps it was coincidence or just following the broader market higher, but some of these ETFs traded higher yesterday in anticipation of the Crew Dragon launch.</p> <p>There are some compelling factoids pertaining to space investing. In the satellite industry, launches are <a href="">a $6 billion annual business</a> while the manufacturing side is valued at $20 billion.</p> <p>Here are some space ETFs to consider.</p> <h3><strong>Procure Space ETF (UFO)</strong></h3> <p>The <strong>Procure Space ETF</strong> (NASDAQ: <a class="ticker" href="">UFO</a>) is the first and only ETF dedicated to the space theme even though it&#39;s just ...</p><p><a href= alt=3 ETFs For Investors Looking To Access The Final Frontier>Full story available on</a></p> ARKK Long Ideas NASA News RKT ROKT Sector ETFs space Space Exploration Space Travel SpaceX TSLA UFO Top Stories Trading Ideas ETFs RKT US7727392075 TSLA US88160R1014 ARKK ROKT UFO Long Ideas Sector ETFs News Top Stories Trading Ideas ETFs Benzinga Thu, 28 May 2020 14:09:54 +0000 ETF Professor 16124094 at A Closer Look At Equity Index Futures <p><iframe frameborder="0" src="//"></iframe></p> <p><img alt="" class="attachment-full size-full wp-post-image" src="" style="display:none; height:1080px; width:1920px" />Closely watched equity indexes like the Dow Jones, Nasdaq and S&amp;P 500 have received <a href="">plenty of attention in 2020</a>. It&#39;s an appropriate time, then, to review why and how these indexes are traded on futures markets.</p> <p>When traders and investors use equity index futures and futures options it gives them the tools needed to create positions and investments which, at one time, were only institutional in nature.</p> <p>With products that replicate different parts of the equity market, small caps, mid-caps, or large caps, many sophisticated individual investors can find exposure or risk management for most portfolios.</p> <h3>Arbitrage</h3> <p>Traditionally, the largest institutions use index futures and options for a variety of strategies. Among the more popular trading strategies are index arbitrage, which trades ...</p><p><a href= alt=A Closer Look At Equity Index Futures>Full story available on</a></p> equity indexes Long Ideas S&P 500 Broad U.S. Equity ETFs Education Futures Technicals Options Markets Trading Ideas ETFs General Long Ideas Broad U.S. Equity ETFs Education Futures Technicals Options Markets Trading Ideas ETFs General Benzinga Wed, 27 May 2020 16:15:57 +0000 CME Group 16118259 at Costco Reports Tomorrow As Investors Examine Ralph Lauren, Toll Brothers Today <p>It seems fitting that as the U.S. prepares to launch astronauts into orbit today for the first time in almost a decade, the stock market has been rocketing higher for weeks.</p> <p>SpaceX is planning to launch two astronauts this afternoon just after the closing bell, weather permitting. SpaceX is privately held, but if the U.S. is back in outer space to stay, that could be good news for companies with a space presence like <strong>Lockheed Martin Corporation</strong> (NYSE: <a class="ticker" href="">LMT</a>), <strong>Boeing Co</strong> (NYSE: <a class="ticker" href="">BA</a>), and<strong> Northrop Grumman Corporation</strong> (NYSE: <a class="ticker" href="">NOC</a>), Barron&rsquo;s pointed out yesterday.</p> <p>Back on the ground, it looks like the countdown is on for a launch from where things left off Tuesday on Wall Street. Major indices and some of the airline and travel stocks are up in pre-market trading. The question is whether the S&amp;P 500 Index (SPX) can register its first 3000 close in nearly three months after just missing that yesterday.</p> <p>Optimism continues to be the word of the day despite some worries about the U.S./China trading relationship and obviously concerns about any potential rebound in virus cases. There&rsquo;s a sense among some market participants that the worst is behind us as people get back to work.</p> <p>At the end of the day, it&rsquo;s important for investors not to get ooled into a sense of complacency. If a trade war gets going, for instance, this isn&rsquo;t a super-strong U.S. economy that can necessarily withstand that kind of body blow the way i&nbsp;mostly did last year. We were a healthier economy at that time. China&rsquo;s economy is more fragile now, too.</p> <p>Investors look ahead to the Fed&rsquo;s Beige Book later today. Earnings to consider watching Wednesday include <strong>Ralph Lauren Corp </strong>(NYSE: <a class="ticker" href="">RL</a>) and <strong>Toll Brothers Inc </strong>(NYSE: <a class="ticker" href="">TOL</a>).</p> <p>Some big retailers including <strong>Costco Wholesale Corporation </strong>(NASDAQ: <a class="ticker" href="">COST</a>) report on Thursday. One thing to consider listening for on calls of companies like COST is whether executives think crisis-related stock-up demand pulled some sales forward, which could potentially detract from results later this year.</p> <h3>Chase for 3000 Stalls...</h3> <p>The first test of 3000 in almost three months came up a little short yesterday. So today we&rsquo;ll see if the S&amp;P 500 Index (SPX) can get back above that level, where it hung out for most of Tuesday before some late-session selling.</p> <p>Nine of 11 sectors rose yesterday, but Information Technology was a laggard. That sector has been on such a run that a little pause for breath doesn&rsquo;t seem all that worrisome, though it did keep the Nasdaq (COMP) from joining in the gains posted by other major indices.</p> <p>The sagging finish yesterday couldn&rsquo;t really dent what was a pretty amazing start to the new week. A little profit-taking at the end of the session probably won&rsquo;t alarm anyone too much, though the late retreat might also have reflected concerns about China. It would have been technically positive to hold onto those gains above 3000, a level that &nbsp;lines up pretty closely with key resistance at the 200-day moving average for the SPX (see more below).</p> <h3>...But Not for Long</h3> <p>People didn&rsquo;t have too long to regret the late slip below 3000. The SPX looks like it&rsquo;s going to start today well above that. The question is whether those gains can hold. Closing above 3000 today and for a few more days would likely help cement those bullish feelings.</p> <p>After the close, investors got two new pieces of what might ...</p><p><a href= alt=Costco Reports Tomorrow As Investors Examine Ralph Lauren, Toll Brothers Today>Full story available on</a></p> BA CAR COST DAL Earnings Government HTZ JWN LMT M News NOC Penny Stocks RL TD Ameritrade TOL UAL Guidance Politics Management Treasuries Global Economics Markets Tech ETFs General COST US22160K1051 BA US0970231058 CAR US0537741052 DAL US2473617023 HTZ US42805T1051 JWN US6556641008 LMT US5398301094 M US55616P1049 NOC US6668071029 RL US7512121010 TOL US8894781033 UAL US9100471096 News Earnings Penny Stocks Government Guidance Politics Management Treasuries Global Economics Markets Tech ETFs General Benzinga Wed, 27 May 2020 15:14:48 +0000 JJ Kinahan 16117671 at Same Old Leadership Song Lifts These Leveraged ETFs <p>Given its status as home to a slew of cash-rich, mega-cap companies, it&#39;s not surprising that the technology sector is powering stocks off the March lows.</p> <p>Dozens of exchange-traded funds are benefiting from tech leadership, products ranging<a href=""> from the normal to the exotic</a> and everything in between.</p> <h3><strong>What Happened</strong></h3> <p>Of course, the <strong>Direxion Daily Technology Bull 3X Shares</strong> (NYSE: <a class="ticker" href="">TECL</a>) is enjoying tech&#39;s royal status. The geared fund is designed to deliver <a href="" rel="nofollow sponsored">triple the daily returns</a> of the Technology Select Sector Index.</p> <p>That index is well-known for a simple reason: it allocates almost 42% of its combined weight to <strong>Microsoft </strong>(NASDAQ: <a class="ticker" href="">MSFT</a>) and <strong>Apple</strong> (NASDAQ: <a class="ticker" href="">AAPL</a>), making TECL a leverage play on those two tech titans.</p> <h3><strong>Why It&#39;s Important </strong></h3> <p>&ldquo;The rally is a familiar ...</p><p><a href= alt=Same Old Leadership Song Lifts These Leveraged ETFs>Full story available on</a></p> AAPL AMZN direxion FB Long Ideas MSFT News NFLX Sector ETFs TECL WEBL Trading Ideas ETFs AAPL US0378331005 AMZN US0231351067 MSFT US5949181045 NFLX US64110L1061 FB TECL WEBL Long Ideas Sector ETFs News Trading Ideas ETFs Benzinga Wed, 27 May 2020 13:19:58 +0000 ETF Professor 16112730 at It's Still Early, But Smaller Investors May Best Buffett With Airline ETF <p>It may not be a competition in the purest sense and the score isn&#39;t anywhere close to being settled, but ordinary investors appear to be on their way to proving Warren Buffett wrong with airlines stocks with many using the <strong>U.S. Global Jets ETF</strong> (NYSE: <a class="ticker" href="">JETS</a>) as their vehicle of choice.</p> <h3><strong>What Happened</strong></h3> <p>As <a href="">was widely reported early this month</a>, Buffett said his <strong>Berkshire Hathaway</strong> (NYSE: <a class="ticker" href="">BRK-A</a>) dumped stakes in each of the four largest domestic carriers, which are also JETS&#39; top four holdings, in the first quarter.</p> <p>JETS slumped on May 4, the first trading day following that news. In fact, the Buffett Effect seemed to be in effect as the lone airline exchange-traded stumbled through May 14. Since then, JETS is higher by more than 21%.</p> <p>Again, this &ldquo;competition&rdquo; is still in its early innings, but Bloomberg Senior ETF Analyst Eric Balchunas has a great comparison. He likens the the ...</p><p><a href= alt=It&#039;s Still Early, But Smaller Investors May Best Buffett With Airline ETF>Full story available on</a></p> AAL airlines BRK-A DAL Eric Balchunas JETS Long Ideas News Robinhood Sector ETFs Warren Buffett Travel Top Stories Trading Ideas ETFs General DAL US2473617023 BRK-A US0846701086 AAL JETS Long Ideas Sector ETFs News Travel Top Stories Trading Ideas ETFs General Benzinga Wed, 27 May 2020 12:01:03 +0000 ETF Professor 16112809 at Oil Volatility Has Driven Demand In The Only 3X US Oil Exchange Traded Products <p>With global supply at all-time highs and demand at record lows, the world&rsquo;s most valuable commodity is at an economic crossroads.</p> <p>Let&rsquo;s take a look at the West Texas Intermediate (WTI) front-month futures contract, which represents the price for future delivery of a barrel of WTI crude oil. On the one hand, the price of this contract has rebounded sharply from its sub-zero low in April 2020. On the other hand, due to COVID-19, the stay-at-home orders mandated by many countries, and the uncertain economic outlook, there continue&nbsp;to be concerns that the decline of this contract into negative prices may repeat itself in the future.</p> <p>Either way, traders are taking sides.</p> <p>Many bullish traders have turned their attention to the <strong>MicroSectors U.S. Big Oil Index 3X Leveraged ETN </strong>(NYSE: <a class="ticker" href="">NRGU</a>), a leveraged exchange traded note that attempts to deliver 300% of the daily performance of the Solactive MicroSectors&trade; U.S. Big Oil Index.</p> <p>On the bearish side, traders have pursued the<strong> MicroSectors U.S. Big Oil Index -3X Leveraged ETN</strong> (NYSE: <a class="ticker" href="">NRGD</a>). NRGD attempts to deliver -300% of the inverse daily performance of the same index.</p> <p>Major Volume Spikes</p> <p>Both ETNs have seen dramatic increases in trading volume in recent weeks, relative to their historical trading volume, which is likely the result of a few factors. First, NRGU and NRGD are the only 3x leveraged and -3x inverse leveraged, respectively, exchange traded products with exposure to the U.S. energy sector listed in ...</p><p><a href= alt=Oil Volatility Has Driven Demand In The Only 3X US Oil Exchange Traded Products>Full story available on</a></p> COP crude CVX EOG ETP exchange traded products HES Leverage Long Ideas MIcroSectors MPC News NRGD NRGU Oil OXY Penny Stocks PSX PXD Rex Shares US Big Oil Index VLO XOM Short Ideas Specialty ETFs Commodities Markets Trading Ideas ETFs General COP US20825C1045 CVX US1667641005 EOG US26875P1012 HES US42809H1077 OXY US6745991058 PXD US7237871071 VLO US91913Y1001 XOM US30231G1022 MPC PSX NRGD NRGU Long Ideas News Penny Stocks Short Ideas Specialty ETFs Commodities Markets Trading Ideas ETFs General Benzinga Tue, 26 May 2020 17:42:45 +0000 Spencer Israel 16108846 at