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☆ Gold’s hitting new records again. Here’s what it means for the economy
▼ + stars: | 2024-09-25 | by ( Krystal Hur | ) edition.cnn.com time to read: +4 min

Gold, traditionally perceived as a haven, has climbed roughly 30% this year, outperforming the benchmark S&P 500 index’s 20% gain. Fresh consumer confidence data on Tuesday indicated that Americans are feeling pessimistic about the US economy and future of the job market. JPMorgan Chase researchers said in a note on Monday that they expect the yellow metal to continue running toward their 2025 target price of $2,850 an ounce as the Fed brings down rates. Silver, another precious metal that tends to move in tandem with gold, has jumped roughly 34% this year, outperforming the yellow metal. New moves from China to revive its economy also has the potential to lift precious metals, said Rhind.

Persons: Jerome Powell, ”, Kristina Hooper, JPMorgan Chase, “ There’s, Will Rhind, Rhind Organizations: New, New York CNN, Federal Reserve, Traders, JPMorgan, Treasury, GraniteShares, Citi Locations: New York, China, Turkey, India, China’s

☆ Rhind: Rhetoric around full-year Tesla deliveries is the key metric to watch
▼ + stars: | 2024-07-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRhind: Rhetoric around full-year Tesla deliveries is the key metric to watchWill Rhind, CEO of GraniteShares, discusses his expectations for Tesla's earnings report.

Persons: Will Rhind Organizations: Rhind

☆ Here are five stocks to buy as the market keeps rallying to record highs
▼ + stars: | 2024-01-30 | by ( Hakyung Kim | ) www.cnbc.com time to read: +4 min

The market has officially entered a new bull market, leaving investors wondering which stocks can continue to outperform. Will Rhind, CEO at GraniteShares, thinks AI remains one of the strongest market themes in 2024. Nvidia Nvidia is "very much the leader in terms of AI stocks," said Rhind. AMD shares are up more than 20% year to date, and 135.8% during a 12-month period. Alibaba The China-based tech giant has experienced some turbulence, amid greater concerns of a weak Chinese economy and battered stock market.

Persons: Will Rhind, Rhind, hasn't, Alibaba, Jack Ma, Joe Tsai, Meta Rhind, we're Organizations: Dow Jones, Nasdaq, Nvidia, AMD, Meta Locations: China

☆ The best-performing ETF of the year might get its leverage amped up in 2024
▼ + stars: | 2023-11-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

ETF issuer GraniteShares filed Wednesday to increase the leverage on dozens of single stock ETFs, most notably the GraniteShares 1.5x Long NVDA Daily ETF (NVDL) . NVDL YTD mountain This leveraged Nvidia single-stock ETF is the top performing U.S. ETF of the year. Single-stock ETFs are structured to produce a leveraged return on a one-day basis, poisitively or inversely, depending how it's structured, and resetting every day. Single-stock ETFs were first approved in the U.S. in 2022, and the launches have been hit and miss so far. The tweak would bring the NVDL's leverage in line with the T-REX 2X Inverse Nvidia Daily Target ETF (NVDX) , which was introduced in October.

Persons: GraniteShares, There's, Will Rhind, Rhind Organizations: Nvidia, ETF, CNBC, Target Locations: U.S, United States

☆ Nvidia's blowout earnings report is boosting this single-stock ETF
▼ + stars: | 2023-08-24 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

A blowout earnings report for Nvidia is rewarding the chipmaker's shareholders once again and delivering even bigger returns for traders who use a red-hot leveraged ETF. And the GraniteShares 1.5x Long NVDA Daily ETF (NVDL) jumped 3.5%, continuing a banner year for the single-stock ETF. NVDL 1D mountain The GraniteShares NVDL ETF has soared this year as the excitement around artificial intelligence has boosted Nvidia's stock. GraniteShares launched four more funds in the single-stock category this week, including the 1.5x Short NVDA Daily ETF (NVD) and the 1.5x Short TSLA Daily ETF (TSDD). Single-stock funds also tend to have higher expense ratios than broader funds that are not leveraged.

Persons: Will Rhind, Rhind, GraniteShares, NVDL Organizations: Nvidia, Securities and Exchange Commission, Daily Semiconductor Locations: U.S

☆ A look at single-stock ETFs one year in
▼ + stars: | 2023-08-19 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +3 min

GraniteShares rolled out its first batch of single-stock ETFs in August 2022 with products tracking mainstay names Tesla, Apple and Coinbase. While its 1.25x Long Tsla Daily ETF (TSL) and 1.75x Long AAPL Daily ETF (AAPB) have logged considerable gains in 2023, the Coinbase rally has pushed its 1.5x Long COIN Daily ETF (CONL) up 123% year to date. Because single-stock products are leveraged, Rhind said that the products lend themselves more to short-term activity and exposures. GraniteShares 1.5x Long NVDA Daily ETF (NVDL) has emerged as the outperformer of the firm's lineup, up more than 349% this year. Nadig added that investors can expect to see more single-stock ETFs coming to the market, but it's up to investor interest and market trends to ultimately bolster activity.

Persons: Will Rhind, Courtney Reagan, Rhind, Dave Nadig, Nadig Organizations: Apple

☆ Why market enthusiasm is catalyzing single-stock ETF performance
▼ + stars: | 2023-08-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy market enthusiasm is catalyzing single-stock ETF performanceWill Rhind, founder and CEO of GraniteShares, and Dave Nadig, financial futurist at VettaFi, join 'Halftime Report' to discuss mixed results from single-stock ETFs, common pitfalls of single-stock ETFs, and the benefit of convenience from single-stock ETFs.

Persons: Will Rhind, Dave Nadig

☆ Seemingly no one going for gold? Is it Bitcoin's fault?
▼ + stars: | 2023-08-14 | by ( Bob Pisani | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSeemingly no one going for gold? Is it Bitcoin's fault? GraniteShares CEO Will Rhind and VettaFi's Dave Nadig weigh in on the state of gold ETFs following their brief bump amid the nation's debt ceiling standoff, and how rising interest in bitcoin funds are affecting the commodity's performance.

Persons: Will Rhind, VettaFi's Dave Nadig

☆ Consumers are starting to fire up China's pandemic-battered economy, two ETF experts find
▼ + stars: | 2023-05-27 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

The National Bureau of Statistics of China reports retail sales have been increasing since last November. "We're seeing the incremental rebound from the Chinese consumer," the firm's chief investment officer told " ETF Edge " this week. China's pandemic-battered economy is starting to see consumers open their wallets wider, according to KraneShares' Brendan Ahern. "Domestic travel [is] rebounding … but we've yet to see that from the international sector," the ETF provider's CEO said. Rhind told CNBC in a special interview later in the week that international travel from China could start to rebound this summer following a sluggish start.

☆ 'The story is all about gold.' ETF experts on commodity-based strategies
▼ + stars: | 2023-05-24 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +2 min

Rosenbluth said that engagement for precious metal commodity ETFs spiked earlier in May compared with the month prior, according to VettaFi data. "The story is all about gold," Will Rhind, founder and CEO of GraniteShares, said Monday in the same segment. The ongoing banking crisis still looms, higher inflation and a declining dollar are also tail winds for the precious metal, he said. Flows into the SPDR Gold Shares have exceeded $1.14 billion the past month, according to FactSet. The iShares Gold Trust (IAU) and the SPDR Gold MiniShares Trust (GLDM) saw net inflows of $182 million and $222 million, respectfully, in the same period of time.

Persons: Todd Rosenbluth, CNBC's Seema Mody, Rosenbluth, Will Rhind, Rhind, We're, Neuberger Berman Organizations: Trust, MiniShares, Strategy

☆ China's reopening sees an incremental rebound in consumer spending, says Kraneshares' Brendan Ahern
▼ + stars: | 2023-05-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's reopening sees an incremental rebound in consumer spending, says Kraneshares' Brendan AhernCNBC's Seema Mody joins Kraneshares' Brendan Ahern and Granite Shares' Will Rhind for a 'Halftime Report' ETF Edge to discuss China's Q2 earnings numbers, investor perspectives on China's reopening, and Chinese ETFs.

"The Tesla bull case has centered around the company's growth goals, which it is failing to meet." Tesla's stock is trading at about 43 times expected earnings, down from astronomical levels above 200 times in 2021, according to Refinitiv data. Tesla on Wednesday doubled down on the price war it started at the end of last year, as Musk said the company would prioritize sales growth ahead of profit. In the first quarter, Tesla posted its lowest quarterly gross profit margin in two years. You're investing in Elon Musk," said Kim Forrest, chief investment officer of Bokeh Capital Partners.

☆ GraniteShares Founder talks rise, risk and reward of single-stock ETFs
▼ + stars: | 2023-02-08 | by ( Joshua Natoli | Alison Conklin | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGraniteShares Founder talks rise, risk and reward of single-stock ETFsCNBC's Bob Pisani sat down at the Exchange ETF Conference in Miami Beach with GraniteShares Founder and CEO Will Rhind to discuss the future of 2023's market rally. GraniteShares is one of a few ETF issuers offering single-stock funds, and discusses their rising popularity and the risk and reward associated with them.

☆ Factbox: Russian gold taken out of exchange-traded fund stockpiles
▼ + stars: | 2022-12-21 | by ( Peter Hobson | ) www.reuters.com time to read: +4 min

In an analysis about investors shunning Russian gold, Reuters examined lists of gold bars owned by eleven large funds. By late November, the proportion of Russian gold in the stockpiles of eight had fallen. SPDR Gold MiniShares, whose gold is stored by ICBC Standard, saw an almost 50% fall in the amount of Russian gold it holds. Russian gold bars refined before March 7 this year are still eligible to own and trade, it said. GRANITESHARESGraniteShares said it did not distinguish between different brands of good delivery gold including pre-war Russian gold, and that it had not asked its custodian, ICBC Standard, to reduce its holdings of Russian bullion.

☆ The ETF strategies that have thrived in a down market year
▼ + stars: | 2022-12-14 | by ( Kevin Schmidt | ) www.cnbc.com time to read: +4 min

Funds tied to China, like the KraneShares CSI China Internet ETF (KWEB) , have made significant rebounds on the China reopening. "All eyes are on China," Tom Lydon, vice chairman of VettaFi, told Dominic Chu on CNBC's "ETF Edge" on Monday. China aside, fixed income funds are also seeing an end-of-year pop as more investors seek out opportunities for tax-loss harvesting plays. Its income-focused product, GraniteShares HIPS US High Income ETF (HIPS) provides exposure to four of the highest-yielding securities across alternative income: MLPs, REITs, BDCs and closed-end funds. The JPMorgan Equity Premium Income ETF (JEPI) seeks to provide a majority of the returns tied to the S&P 500 Index, while the Nationwide Risk-Managed Income ETF (NUSI) replicates the Nasdaq-100.

☆ China will be a big theme next year, says GraniteShares' Rhind
▼ + stars: | 2022-12-12 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina will be a big theme next year, says GraniteShares' RhindTom Lyden, Vettafi vice chairman, and Will Rhind, GraniteShares founder and CEO, join the 'Halftime Report' to discuss current themes in the ETF business, Rhind's new rollout of single-stock ETFs and more.

☆ Earnings season is the first big test for single-stock ETFs after a slow start in the U.S.
▼ + stars: | 2022-10-28 | by ( Jesse Pound | ) www.cnbc.com time to read: +5 min

The nascent single-stock ETFs have reached a key period to prove their worth after a slow start for the group in the United States. I know we're in the first inning here, but it has not been a very good start for single-stock ETFs," Aniket said. However, the issuers of the funds — AXS, Direxion and GraniteShares, so far — have stressed that trading volume is a key test for these short-term focused funds. But if investors don't follow the daily trading prescribed for the funds, performance can suffer. What comes next Single-stock funds are already well established in Europe.

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