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Anthropic Is the New SpaceX for ETF Issuers

Getting into SpaceX early was spectacularly lucrative. The venture investors who bought years ago at a fraction of the listing price made a fortune on it. But early is relative, and the investors who piled into certain …

Chip Stock Sell-off Puts Downward Pressure on Broader Market

The S&P 500 Index ($SPX) (SPY) on Friday fell -0.08%, the Dow Jones Industrial Average ($DOWI) (DIA) rose +0.39%, and the Nasdaq 100 Index ($IUXX) (QQQ) fell -1.27%. September E-mini S&P futures (ESU26) fell -0.08%, and…

Oil Prices Fall Back as Red Sea Oil Shipments Continue

WTI crude oil prices (CLU26) on Friday fell and gave back about half of Thursday’s 6% rally. Meanwhile, Sep Brent crude oil prices (CBU26) fell back to the $97 per barrel area after posting a 2-month high of $102 on Thu…

Shares of EVSM Now Oversold

In the case of Eaton Vance Short Duration Municipal Income, the RSI reading has hit 29.0 — by comparison, the RSI reading for the S&P 500 is currently 44.8. A bullish investor could look at EVSM's 29.0 reading as a sign…

Notable Two Hundred Day Moving Average Cross - GNRC

Looking at the chart above, GNRC's low point in its 52 week range is $134.80 per share, with $296.44 as the 52 week high point — that compares with a last trade of $199.90. The GNRC DMA information above was sourced fro…

LeaderShares Dynamic Yield Getting Very Oversold

In the case of LeaderShares Dynamic Yield, the RSI reading has hit 29.6 — by comparison, the RSI reading for the S&P 500 is currently 44.8. A bullish investor could look at DYLD's 29.6 reading as a sign that the recent …

Amplify Seymour Cannabis (CNBS) Enters Oversold Territory

In the case of Amplify Seymour Cannabis, the RSI reading has hit 29.9 — by comparison, the RSI reading for the S&P 500 is currently 44.8. A bullish investor could look at CNBS's 29.9 reading as a sign that the recent he…

Bond market anxiety is growing over AI capex budgets

It's playing out in real time in the bond market, where the biggest names involved in the blitz — Google, Amazon and Meta — are seeing credit spreads widen as fixed-income investors demand more reward to lend to the com…