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
In recent trading, shares of Canadian National Railway Co (Symbol: CNI) have crossed above the average analyst 12-month target price of $136.57, changing hands for $136.63/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow
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
In recent trading, shares of Alliant Energy Corp (Symbol: LNT) have crossed above the average analyst 12-month target price of $62.33, changing hands for $62.88/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
In recent trading, shares of Idacorp Inc (Symbol: IDA) have crossed above the average analyst 12-month target price of $116.25, changing hands for $116.31/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of AstraZeneca plc (Symbol: AZN) have crossed above the average analyst 12-month target price of $66.22, changing hands for $67.12/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
In recent trading, shares of Brookfield Infrastructure Partners LP (Symbol: BIP) have crossed above the average analyst 12-month target price of $64.83, changing hands for $65.28/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to rea
In recent trading, shares of UnitedHealth Group Inc (Symbol: UNH) have crossed above the average analyst 12-month target price of $520.22, changing hands for $520.82/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of Waste Management, Inc. (Symbol: WM) have crossed above the average analyst 12-month target price of $159.44, changing hands for $159.45/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of Dave & Busters Entertainment Inc (Symbol: PLAY) have crossed above the average analyst 12-month target price of $49.67, changing hands for $49.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to rea
In recent trading, shares of Cincinnati Financial Corp. (Symbol: CINF) have crossed above the average analyst 12-month target price of $137.67, changing hands for $138.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: down
In recent trading, shares of WEC Energy Group Inc (Symbol: WEC) have crossed above the average analyst 12-month target price of $100.20, changing hands for $100.29/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
Defined outcomes aren’t new by any means, having been available through insurances and bank offerings, but Innovator ETFs has wrapped them up within their ETF suite to offer advisors and investors opportunities to harness their potential within portfolios. In a recent webcast moderated by Tom Lydon, CEO of ETF Trends, Innovator ETFs’ co-founder and CEO [...] Read more at ETFtrends.com.
Fixed-income traders are becoming increasingly bearish on the speculative-grade, high-yield debt market. Exchange traded fund investors can also hedge against further weakness in the junk bond segment through an alternative strategy. Investors have pulled more than $3 billion out of the $14 billion iShares iBoxx $ High Yield Corp Bond ETF (NYSEArca: HYG) for 7 [...] Read more at ETFtrends.com.
As markets grow more volatile, investors have fled to the sidelines, parking in cash to wait out the tumult. But investors need more than cash. They need to stay invested—especially retirees at risk of outliving their money. In the upcoming webcast, Volatility is Upending Traditional Portfolios: What’s Your Strategy?, Brendan Cavanaugh, ETF Product Specialist, Allianz [...] Read more at ETFtrends.com.
On this week’s “ETF Report” hosted on Yahoo Finance, ETF Trends’ CEO, Tom Lydon, came into the segment to discuss the effect Russia’s invasion of Ukraine has had, specifically in regards to the fear gauge index (VIX), which has retreated, as well as a couple of new volatility ETFs. As far as why the VIX [...] Read more at ETFtrends.com.
As the U.S. Treasury yield curve flashes a warning signal for the equities market, wary investors could look to bearish or short exchange traded funds strategies to hedge recessionary risks down the line. Yields on short-term two-year Treasury bonds briefly traded above the yields of benchmark 10-year Treasuries in what is more widely known as [...] Read more at ETFtrends.com.
Natural gas prices and related exchange traded funds have been gaining momentum during this seasonally weak period of the year. The United States Natural Gas Fund (NYSEArca: UNG) rose 14.8% over the past month and increased 45.1% year-to-date. Meanwhile, Nymex natural gas futures are trading around $5.57 per million British thermal units. Natural gas prices typically [...] Read more at ETFtrends.com.
Palladium-related exchange traded funds rallied on Wednesday as the traders began to doubt the progress in peace talks between Russia and Ukraine. The abrdn Standard Physical Palladium Shares ETF (NYSEArca: PALL) jumped 5.4% on Thursday, testing its long-term resistance at the 200-day simple moving average. Meanwhile, the palladium spot price was up 4.4% to $2,253.9 [...] Read more at ETFtrends.com.
The smart transportation market is expected to grow at a CAGR of 17.5% through 2028 to reach $33.62 billion, according to a market research report published by Meticulous Research. The growth is attributed to urbanization and increasing demand for efficient transportation, growing government focus on reducing greenhouse gas emissions and curbing alarming levels of traffic [...] Read more at ETFtrends.com.