In recent trading, shares of FuelCell Energy Inc (Symbol: FCEL) have crossed above the average analyst 12-month target price of $5.50, changing hands for $6.00/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
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
In recent trading, shares of First Horizon Corp (Symbol: FHN) have crossed above the average analyst 12-month target price of $20.40, changing hands for $23.48/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
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
On the “Claman Countdown” this week, ETF Trends’ CEO, Tom Lydon, discussed some of his top ETF picks at this time. Keeping in mind inflation, commodities, and the impact of recent events involving Russia’s actions, some notable funds are worth keeping track of. The Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF (PDBC) is something to [...] Read more at ETFtrends.com.
Looking for value stocks well-positioned for the coming year? It might be time to try “Dogs of the Dow,” a time-tested strategy that focuses on the five highest-yielding securities within each sector of the S&P 500. In the upcoming webcast, Dogs of the Dow: Why 2022 is the Right Time for Value, Andy Hicks, senior [...] Read more at ETFtrends.com.
U.S. stock markets and exchange traded funds aren’t completely immune to the goings-on in Russia. For example, financial and bank sector-related exchange traded funds are getting dinged by Citigroup Inc.’s (NYSE: C) exposure to Russia. On Monday, the Financial Select Sector SPDR (NYSEArca: XLF) was down 2.2%, and the Invesco KBW Bank ETF (NASDAQ: KBWB) fell [...] Read more at ETFtrends.com.
Clean energy sector-related exchange traded funds powered up on Monday as the Russia-Ukraine crisis pushed global governments to re-evaluate their reliance on fossil fuels and consider alternative green energy technologies. Among the best-performing non-leveraged ETFs of Monday, the Invesco Solar ETF (NYSEArca: TAN) advanced 6.6%. “There’s a realization that Europe has to move away from [...] Read more at ETFtrends.com.
Energy-related exchange traded funds climbed on Monday, with Brent crude oil futures breaking back above $100, as Western countries piled more sanctions on Russia, fueling fears of disruptions to a global oil supplier. On Monday, the Invesco Dynamic Energy Exploration & Production Portfolio (NYSEArca: PXE) gained 2.5% and the Invesco S&P SmallCap Energy ETF (NasdaqGM: PSCE) rose [...] Read more at ETFtrends.com.
SpaceX CEO Elon Musk announced via Twitter on Saturday that his company’s Starlink service is “active in Ukraine,” with “more terminals en route” to provide the country with internet access. The tweet was in response to a request from Ukraine Vice Prime Minister Mykhailo Fedorov to provide internet service to the country amid Russian attacks. Ukraine has [...] Read more at ETFtrends.com.
Bitcoin surged up 9.8% to $41,548.50 on the heels of new sanctions against Russia’s central bank. Ether was also up 7.5%. Transactions on the centralized bitcoin exchange have been their highest levels in months for both the ruble and the Ukrainian hryvnia ever since Thursday, when the Russian invasion of Ukraine began. “Volume for both [...] Read more at ETFtrends.com.
The consolidation of MLPs by their parents or significant owners has been a multi-year trend that reached a high in 2018–2019 and has continued since. MLP consolidations by parents, take-private deals, and other M&A activity has had a significant impact on the North American energy infrastructure universe. Since the end of 2015, the number of [...] Read more at ETFtrends.com.
More investors and advisors are showing interest in the crypto economy, with the majority of advisors having reported that they have been asked about crypto by their clients in the last year. Cryptocurrencies can be confusing at first glance, particularly the Bitcoin network. The following is a basic explanation of how the Bitcoin network works [...] Read more at ETFtrends.com.
Russia country-specific exchange traded funds plunged on Monday after the Biden administration levied additional sanctions on Russia’s central bank to prevent Moscow from shielding its economy from Western pressure. On Monday, the Franklin FTSE Russia ETF (FLRU) declined 16.7%, the VanEck Vectors Russia ETF (NYSEArca: RSX) decreased 27.4%, and the iShares MSCI Russia Capped ETF (NYSEArca: ERUS) dropped [...] Read more at ETFtrends.com.
In trading on Monday, shares of the iShares MSCI Germany ETF (Symbol: EWG) entered into oversold territory, changing hands as low as $28.90 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measur
In trading on Monday, shares of the SPDR— S&P— Aerospace & Defense ETF (Symbol: XAR) crossed above their 200 day moving average of $121.37, changing hands as high as $123.03 per share. SPDR— S&P— Aerospace & Defense shares are currently
In trading on Monday, shares of the iShares Interest Rate Hedged Corporate Bond ETF (Symbol: LQDH) entered into oversold territory, changing hands as low as $92.49 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis