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
For all the talk of wage inflation and supply chain snarls, S&P 500 profit margins keep rising, reaching 15% during third quarter earnings season. The doom and gloom predictions that hyperinflation will hit the U.S. has at least one glaring flaw: it seems to take no account of the two-decade trend of higher worker productivity [...] Read more at ETFtrends.com.
While growth stocks have been popular in recent years, investors may be remiss in ignoring opportunities for alpha among deep-value stocks where there are significant dislocations between stocks’ prices and their underlying values. Additionally, for investors in search of capital appreciation, an active approach to deep-value investing may uncover and capture these opportunities. In the [...] Read more at ETFtrends.com.
Master limited partnerships have been popular alternative yield-generating assets among income-minded investors in today’s low-yield environment. However, when investing in MLP-related exchange traded products, investors should understand the difference between an exchange traded fund and an exchange traded note, as the two investment vehicles are not the same. The main difference between MLP ETFs and [...] Read more at ETFtrends.com.
Growth stocks and related exchange traded funds rebounded on Thursday as technology shares led gains. The record-setting rally in U.S. markets paused this week after updated data revealed that inflation spiked to a 31-year high, suggesting that consumer prices will remain elevated for a period of time amid the ongoing global supply chain hurdles and [...] Read more at ETFtrends.com.
The consumer price index (CPI) came in hot this week, with inflation numbers for October hitting their highest in 30 years at 6.2% over last year. Markets responded with falling stocks and rising bond yields, as well as a mass sell-off in tech stocks, but seem to have course corrected for now, reports CNBC. Commodities [...] Read more at ETFtrends.com.
Actively managed exchange traded funds may be better suited than traditional indexing in helping investors better diversify in any type of market environment. In the recent webcast, Navigating Fixed Income Markets: Market Update and Outlook, T. Rowe Price’s head of fixed income, Andrew McCormick, outlined the current conditions we are facing with the interest rate [...] Read more at ETFtrends.com.
Chinese developers could be getting a giant boon from the central bank as defaults continue for smaller companies and Evergrande once again narrowly misses default with a last-minute bond payment. Stocks and bonds in the sector are climbing as a result, reports the Wall Street Journal. Chinese regulators are looking into easing the rules regarding [...] Read more at ETFtrends.com.
ETF Trends CEO Tom Lydon discussed the Invesco Global Clean Energy ETF (PBD) on this week’s “ETF of the Week” podcast with Chuck Jaffe on the MoneyLife Show. This ETF offers exposure to the global clean energy index, including both U.S. and international stocks in the underlying portfolio. PBD also diversifies across various types of clean energy—such as wind, solar, and [...] Read more at ETFtrends.com.
Bitcoin just hit another high near $70,000 the other day, but ether, the native token of the Ethereum network, continues to not only hit record highs but also steal market share from the golden child that is bitcoin. Ether hit close to $4,850 in a new record and has grown more than 560% so far [...] Read more at ETFtrends.com.
The Direxion Daily Technology Bear 3X ETF (TECS) gained 5% during Wednesday’s trading session as a tech sell-off ensued, following inflation data showing that the consumer price index reached a three-decade high. TECS seeks daily investment results, before fees and expenses, of 300% of the inverse (or opposite) of the daily performance of the Technology Select [...] Read more at ETFtrends.com.
Social media giant Twitter (NYSE:TWTR) is forging into the cryptocurrency and blockchain arenas, potentially the latest sign that major companies see long-term utility in these still-nascent concepts. San Francisco-based Twitter has previously floated crypto-related ideas, but the formation of Twitter Crypto is a meaningful expression of the company’s intent to become a blockchain/crypto player. It [...] Read more at ETFtrends.com.
Small-cap stocks are back in style as of late, and the quality factor, well, that never goes out of style. Put it together, and now is a good time consider the small-cap/quality marriage. Enter the Invesco S&P SmallCap Quality ETF (XSHQ), one of a small number of small-cap exchange traded funds dedicated to the quality factor. [...] Read more at ETFtrends.com.
Special envoys from China and the U.S. have announced a cooperation between the two largest greenhouse gas emitters over the climate crisis, reports Financial Times. The two countries made a joint declaration and commitment to working together to tackle climate targets, with China seeming to agree to five-year climate targets that it had previously opposed, [...] Read more at ETFtrends.com.
The Fed has announced the beginning of its tapering of bond purchases, 30-year record inflation was recorded for last month, and markets are beginning to build in at least two interest rate increases by the central bank next year to combat inflation. Markets are wobbling, and investors are seeking inflationary hedges as supply chain woes [...] Read more at ETFtrends.com.
The S&P 500 peeled back over the past couple of days, but the benchmark domestic equity gauge is still higher by 7.52% and close to all-time highs. That’s enough for many investors to remain bullish on stocks, and with the S&P 500 up 25% year-to-date, it’s been hard to be bearish. Data also suggest that [...] Read more at ETFtrends.com.
Fiat currencies are relatively new in the history of of humanity, but gold and silver have been around throughout time. Silver often gets overlooked, despite being a store of value like gold as well as an industrial metal with many uses. Here are the top ten reasons to own silver, per a brochure from Sprott [...] Read more at ETFtrends.com.