Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, we have compared the trading price of each holding against the average analyst 12-month forward target price, and computed the weighted average implied analyst target price for the ETF itsel
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income China’s cyclical downturn may have further to run. Is it time to expand the policy tool-kit beyond tried and tested infrastructure investments? China Activity Gauges in Contraction Zone “Policy mis-calibration” was among the key risks mentioned in discussions about China’s cyclical downturn during the IMF Spring Meetings in DC. [...] Read more at ETFtrends.com.
By Alejandro Saltiel, CFA Director, Research Investors often look for ways to enhance income, lower a portfolio’s overall expected volatility or even help manage taxable gains. This post covers all three goals. Specifically, how a type of option strategy employed in the WisdomTree CBOE S&P 500 PutWrite Strategy Fund (PUTW) has the potential to enhance portfolios during volatile markets. [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income The market continues to question the speed of the monetary policy adjustments – both on the way up (U.S., U.K., Poland), and on the way down (China). China Growth Headwinds And Policy Response Today’s price action shows that the market continues to question major central banks’ policy responses. The implied probability [...] Read more at ETFtrends.com.
By Tamara Lowin Senior Analyst Louisiana’s economy is routinely challenged, requiring the Federal Government to step in and provide much needed aid. Fundamental to Louisiana’s economy is the need for external financial assistance. In a typical year, at least half of the State’s operating budget consists of government grants. There are many atypical years as well. Louisiana’s [...] Read more at ETFtrends.com.
The U.S. economy contracted 1.4% in the first quarter, leading some investors and analysts to raise the specter of the dreaded “R” word: recession. This, combined with historically high inflation and expectations that the Federal Reserve will raise rates faster than anticipated, could point to trouble ahead for a market already trying to grapple with [...] Read more at ETFtrends.com.
Are meme stocks back in favor? GameStop and AMC were among the largest contributors to the BUZZ Index in March. Global equities rebounded during March, led by mega-cap shares of U.S. technology companies, as some investors believed the segment presented good value following its recent sell-off. Continued strength in the U.S. labor market led some market [...] Read more at ETFtrends.com.
Despite a rising interest rate outlook, gold exchange traded funds remain a popular play to combat elevated inflation levels. For example, the SPDR Gold Shares (NYSEArca: GLD), the largest gold-related ETF by assets, has brought in a little over $7.3 billion in net inflows over the first four months of 2022, according to ETFdb data. According [...] Read more at ETFtrends.com.
Indonesian country-specific exchange traded funds have been a bright spot in the global markets. Year-to-date, the iShares MSCI Indonesia ETF (NYSEArca: EIDO) increased 9.7% and the VanEck Vectors Indonesia Index ETF (NYSEArca: IDX) advanced 11.3%. The benchmark MSCI Indonesia Index has gained about 12% in U.S. dollar terms so far this year ended Thursday, compared to the [...] Read more at ETFtrends.com.
Bank stocks and financial sector-related exchange traded funds are finding it harder to slog through the growing fallout from the Russia-Ukraine war, surging inflationary pressures, and the Federal Reserve’s tightening monetary policy. Year-to-date, the SPDR S&P Bank ETF (NYSEArca: KBE) declined 10.9% and the Financial Select Sector SPDR (NYSEArca: XLF) dropped 10.1%. Banks are facing an uphill [...] Read more at ETFtrends.com.
Energy sector-related exchange traded funds are strengthening Friday after EOG Resources’ (NYSE: EOG) first quarter results beat expectations and declared a special dividend. On Friday, the iShares U.S. Oil & Gas Exploration & Production ETF (Cboe: IEO) advanced 1.8% and the broader Energy Select Sector SPDR (NYSEArca: XLE) gained 1.9%. Meanwhile, shale-oil producer EOG Resources Inc. [...] Read more at ETFtrends.com.
As more Federal Reserve rate hike mulling continues through 2022, the push-pull dynamic allows traders to capitalize on the moves with exchange-traded products linked to precious metals—particularly gold and silver. Fresh off a 50-basis point hike, the Fed seems to be erring on the side of hawkishness, but talks of a recession amid inverting yield [...] Read more at ETFtrends.com.
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
U.S. officials from the Public Company Accounting Oversight Board (PCAOB) have purportedly landed in China to meet with Chinese regulators as the two sides seek to find an accord over the delisting of Chinese companies from U.S. exchanges, according to Reuters. As of this week, the SEC added 80 more Chinese companies to its growing [...] Read more at ETFtrends.com.
Defensive sector-related exchange traded funds have been a popular play among investors seeking a relatively safe area in which to sit out the global market turmoil. According to Morningstar data, ETFs that track the consumer staples, healthcare, utilities, and real estate sectors, along with those that follow precious metals, Treasuries, and commodities, have attracted a [...] Read more at ETFtrends.com.
Paul Wong’s latest Sprott Insight digs deep into what happened in the precious metals space in April. As the U.S. dollar climbed 4.7%, risk assets were bound to get bruised, but gold bullion kept up a 3.70% YTD climb despite a rocky April, while silver declined 2.27% YTD. Mining equities also had a rough month, [...] Read more at ETFtrends.com.