热点栏目 自选股 数据中心 行情中心 资金流向 模拟交易 客户端 "人们被这个东西的吸引力所吸引，"StoneX分析师罗娜·奥康奈尔（Rhona O'Connell）表示。她说，白 银的"历史性抛售"反而增强了其吸引力，一些投资者将此视为以更低价格买入的机会。 银价在上周五一度跌至每盎司64美元（较1月底121美元的高点几近腰斩），随后反弹至78美元。"市场 情绪一直非常高涨，这种自我实现的动能已经占据主导，" 奥康奈尔补充道，"它正在自我强化。" 去年，在美国总统特朗普反复无常的政策推动下，贵金属开启了创纪录的涨势——从去年4月的关税闪 电战开始，到今年涉及格陵兰岛、伊朗以及美联储独立性的危机持续不断——这起初驱使投资者将其视 为"避风港"，而后越来越多地将其视为投机资产。 白银在2025年初时价格低于每盎司30美元，在近期下跌前的涨幅超过四倍。黄金价格也从2025年初的每 盎司约2600美元翻倍至上月近5600美元的峰值，随后跌破5000美元。 这两轮涨势在1月30日发生逆转，此前特朗普选择凯文·沃什（Kevin Warsh）作为其下一任美联储主席 ——这缓解了市场对美联储将屈服于总统大幅降息要求的担忧， ...

Key Takeaways Shipping ETFs like BWET surged as geopolitical tensions lifted freight rates and boosted ton-mile demand.AI-led themes powered gains in BOTT, ASMH and FLKR amid strong robotics, chip and Asia tech momentum.Energy security bets and data center demand pushed uranium ETFs like URNM higher.Wall Street has delivered a moderate performance over the past month (as of Feb. 2, 2026). The S&P 500 has gained 1.1%, the Dow Jones has added 0.9%, the Nasdaq Composite has advanced 0.8%, while the Russell 200 ...

AI播客：换个方式听新闻 下载mp3 音频由扣子空间生成 许多追高的人被打得鼻青脸肿。一位在上周银价接近历史高点时投资AGQ的散户表示，到上周末时其 账面损失已超过2.5万美元。他写道："我今天在整个投资组合上亏掉了几年的税后工资。" 尽管部分人认为美国总统特朗普提名沃什担任美联储主席是引发贵金属暴跌的导火索——黄金从高点到 低点下跌了21%，随后在周二反弹6%。但交易员将此次下跌的速度和残酷程度归因于最近几周投机狂 潮的突然逆转。 交易员表示，来自散户投资者（尤其是亚洲散户）的投机性投资是近几个月价格走高的关键驱动力。根 据Vanda Research的数据，个人交易员在1月份向白银交易所交易基金（ETF）注入了创纪录的10亿美 元，这让他们处于此次崩盘的风口浪尖。 StoneX分析师Rhona O'Connell表示："白银从来都是个'死亡陷阱'。过去几周我们看到了极其夸张的走 势，这真的是一场迟早要发生的事故。" 据英国《金融时报》计算，追踪黄金和白银的ETF自上周市场见顶以来，市值已蒸发约1500亿美元。 在实物方面，1月份还出现了争抢白银实物供应的热潮，随着去年的涨势进入超速状态，国家造币厂难 以满 ...

Top 10 Creations (All ETFs) Top 10 Redemptions (All ETFs) ETF Daily Flows By Asset Class   Net Flows ($, mm) AUM ($, mm) % of AUM Alternatives -155.11 115,444.45 -0.13% Asset Allocation -48.87 34,732.51 -0.14% Commodities E T Fs 3,465.03 405,347.17 0.85% Currency -746.41 133,473.06 -0.56% International Equity 2,612.59 2,451,052.82 0.11% International Fixed Income 1,656.51 389,610.66 0.43% Inverse -57.95 13,304.99 -0.44% Leverage ...

The silver market in 2026 feels less like a traditional commodity rally and more like a meme stock frenzy, full of volatility and driven by retail investors. SLV shares are tanking. See the chart and price action here. BofA Securities commodities strategist Francisco Blanch has noted that silver has effectively disengaged from its underlying fundamentals, driven by a wave of retail enthusiasm and structural shifts.$60 Vs. The Spot RealityIf silver were trading based strictly on historical industrial demand ...

The race for safe havens appears to be on once more. Will bitcoin recover after languishing for months and be a winner in the rush from U.S. equities? Our own Dave Nadig and Sumit Roy were joined by Nate Geraci, President of NovaDius Wealth management and Host of ETF Prime; Kirsten Chang, Senior Industry Analyst at TMX VettaFi; and Mike Akins, Founding Partner of ETF Action, to discuss precious metal performance and bitcoin on a recent ETF Zoo episode. You can find the episode in its entirety here.  Tran ...

Core Insights - The precious metals market is experiencing significant movements, with gold (GLD) rising after a pullback and silver (SLV) tripling in value over the past year [1][4]. Group 1: Gold and Silver Performance - Gold has shown a strong daily chart, indicating a potential flow-driven move, possibly linked to a trend of selling U.S. assets [2]. - Silver's recent performance appears robust but may be losing momentum, having risen sharply since November [4]. - The gold-silver ratio has improved significantly, currently at just above 50:1, down from over 100:1 in early 2025, suggesting that silver is not cheap and gold is expected to outperform [6]. Group 2: Investment Strategies - Various exchange-traded funds (ETFs) can be utilized to capitalize on movements in gold and silver, with options and futures also being viable strategies [7]. - A market-neutral trade setup can be achieved by buying GLD and ZSL in a 2:1 ratio, although past performance indicates this pairing has not been favorable recently [8][9]. - Pairs trading with ETFs requires careful analysis, focusing on the tendency of gold and silver to trend together rather than relying solely on historical performance [9].

Group 1 - Retail investors made significant purchases during market panic, achieving a net buy of $12.9 billion this week, marking the third-largest single-day buy of the year [1] - Over the past 21 trading days, retail investors' cumulative net purchases exceeded $45 billion, indicating a shift from risk aversion to active allocation [1] - Retail sentiment has transitioned from a defensive stance to a more proactive investment strategy, as evidenced by their buying behavior [1][3] Group 2 - Following Trump's remarks in Davos, market sentiment improved, confirming retail investors' expectations of a market reversal [3] - Retail investors' buying in ETFs and individual stocks has become more balanced, reflecting a diversification in their investment strategies [3][22] - The technology sector remains the primary focus for retail investors, with significant net purchases in stocks like Tesla and Amazon, while Apple has seen net selling [12] Group 3 - Precious metals have regained popularity among retail investors, with ETFs in this category becoming a buying hotspot [4] - Broad-based stock ETFs contributed approximately 40% of total ETF purchases, driven by strong inflows into QQQ, SPY, and VOO [7] - Retail investors are actively participating in the options market, focusing on high-profile stocks and precious metal ETFs [24]

Market Overview - The S&P 500 has experienced a strong performance, gaining over 14% in the past year and 0.3% so far in 2026, following three consecutive years of returns above the long-term average of approximately 10% [1] - Major Wall Street firms are optimistic about the S&P 500, with forecasts predicting the index to reach between 7,500 and 8,000 by the end of 2026 [4] Economic Conditions - The U.S. economy is showing signs of a "K-shaped" recovery, with higher-income households driving spending while labor market concerns persist [2] - GDP growth has accelerated and inflation has eased, but there are lingering worries about high equity valuations and risks in private credit and corporate debt [3] Investment Predictions - Elevated multiples are expected to drive stock market gains, supported by anticipated above-trend earnings growth, an AI-led capital spending boom, and rising shareholder payouts [5] - S&P 500-based ETFs such as Vanguard S&P 500 ETF (VOO), iShares Core S&P 500 ETF (IVV), and SPDR S&P 500 ETF Trust (SPY) are highlighted as balanced investment options [6] Commodities Outlook - Commodities, particularly metals, had a standout year in 2025, with gold and silver reaching all-time highs and copper hitting record levels due to supply-chain disruptions [7] - Industrial metals are expected to continue thriving in 2026, with ETFs like iShares Silver Trust (SLV) and United States Copper ETF (CPER) in focus [8] Banking Sector - Banks are entering a favorable period with falling benchmark rates and strong deal activity, leading to expectations of strong performance in 2026 [11] - The Invesco KBW Bank ETF (KBWB) has already outperformed the S&P 500, indicating positive momentum in the banking sector [11] Technology Sector - The tech sector remains robust, with a projected 30% year-over-year increase in global semiconductor sales, pushing the industry past the $1 trillion revenue mark in 2026 [12] - ETFs like First Trust Nasdaq Semiconductor ETF (FTXL) and WisdomTree Cloud Computing Fund (WCLD) are expected to benefit from this growth [12] Renewable Energy - The solar energy sector is experiencing a resurgence, driven by falling costs of photovoltaic panels and battery storage, making it a more attractive investment option [15][16] - Clean energy ETFs such as Invesco Solar ETF (TAN) and Invesco WilderHill Clean Energy ETF (PBW) have shown significant gains, reflecting the positive outlook for the sector [16] International Markets - International markets outperformed U.S. markets in 2025, driven by cheaper valuations and aggressive stimulus in Europe and Asia [17] - The trend of international equities delivering better performance than U.S. markets is expected to continue into 2026 [17]

当地时间12月30日，美联储公开的12月议息会议纪要显示，货币政策制定者内部就未来降息路径的分歧加剧，外界判断 美联储明年初将谨慎对待进一步 降息。 在美联储12月货币政策会议纪要公布后，交易员维持美联储2026年内两次降息押注，而非12月初预期的三次。 受会议纪要影响，当地时间12月30日，长期美债收益率小幅上行，令高成长股承压，市场延续保守交易策略，资金流向防御型的公用事业板块，科技、金 融等板块下跌。美国股市三大股指小幅收跌，其中 道琼斯工业指数跌0.2%，报48367.06点；标准普尔500指数跌0.14%，报6896.24点；纳斯达克指数跌 0.24%，报23419.08点。 贵金属作为2025年以来回报率最高的大类资产之一，不得不提黄金、白银。回顾全年，金价不断刷新历史高位，先后经历了关税驱动、降息预期，以及技 术回调等几个主要阶段。其中伦敦黄金现货价格在年末再度冲刺，最高冲上4550美元/盎司，年内累计涨幅一度达到70%，成为年度表现最亮眼的资产之 一。 美联储的政策动向一直是黄金市场的最重要风向标。12月10日美联储如期宣布连续三次降息，并启动技术性扩表。12月降息25个基点的决议遭到三票反 ...