In recent trading, shares of Packaging Corp of America (Symbol: PKG) have crossed above the average analyst 12-month target price of $135.12, changing hands for $138.43/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
In recent trading, shares of New York Community Bancorp Inc. (Symbol: NYCB) have crossed above the average analyst 12-month target price of $12.38, changing hands for $12.61/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: d
In recent trading, shares of Penske Automotive Group Inc (Symbol: PAG) have crossed above the average analyst 12-month target price of $78.43, changing hands for $80.06/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
With interest rates jumping to a one-year high off of historic lows, bond exchange traded fund investors may be interested in rate-hedged fixed income strategies to mitigate rate risks ahead. Specifically, the ProShares Investment Grade-Interest Rate Hedged ETF (Cboe: IGHG) and ProShares High Yield Interest Rate Hedged ETF (Cboe: HYHG) are two rate-hedged ETF strategies that try [...] Read more at ETFtrends.com.
Low volatility isn’t flashy, but it is still a beloved investment factor. How funds like the FlexShares US Quality Low Volatility Index Fund (NYSE: QLV) capture it in practice is important to investors. QLV follows the Northern Trust US Quality Low Volatility Index. The ETF’s benchmark employs a quality screen to provide exposure to high-quality companies with [...] Read more at ETFtrends.com.
On Mar 6, the Senate approved President Joe Biden's $1.9-trillion stimulus package, sending the amended bill back for a vote in the House. The Democratic-controlled Senate voted 50-to-49 to pass the "American Rescue Plan" through reconciliation (read: ETFs to Win/Lose as Senate O
As the Covid-19 vaccination process picks up pace, stranded travelers will soon begin to take flight, lifting the airline sector and this exchange traded fund. The U.S. Global Jets ETF (NYSEArca: JETS) has already increased 14.9% so far this year as vaccination efforts progress. Meanwhile, the older generation has become more hopeful that things will return [...] Read more at ETFtrends.com.
With major U.S. indexes fluxing up and down with volatility, more ETF investors are moving into international markets. Short-term traders looking to capture upside in this recent market shift can double down in Russia with the Direxion Daily Russia Bull 2X ETF (RUSL). “Exchange-traded funds with exposure to Russian assets gained Friday (March 5) as [...] Read more at ETFtrends.com.
ETF Trends’ CEO, Tom Lydon, takes a look at the markets after last week’s hit on Nasdaq and what this means with interest rates increasing on Fox Business’ “Mornings with Maria,” with host Maria Bartiromo. It’s “a bit of a pain,” Lydon explains, given the exceptional run last year. With that in mind, it was [...] Read more at ETFtrends.com.
After a strong performance to start the session Monday, stocks and index ETFs tumbled into the close, leaving on the Dow Jones Industrial Average positive on the day. Inverse ETFs shined. Early in the session, stocks and index ETFs were mixed to higher, continuing their recovery on Monday, as investors were invigorated by Senate approval [...] Read more at ETFtrends.com.
Socially responsible investments could get a boost from exchange traded funds investors this year. According to the 8th annual Global ETF Investor Survey conducted by Brown Brothers Harriman, 72% of global ETF investors plan on raising their ETF allocation over the next year with a focus on thematic, ESG, and semi-transparent active ETFs. “2020 was [...] Read more at ETFtrends.com.
As the markets mature, we look to innovative companies today to outperform tomorrow. How can forward-thinking financial advisors pinpoint these agile companies before they become household names? In the upcoming webcast, Ideas Over Intrigue: Targeting Innovation in Today’s Investing Landscape, Ryan McCormack, Factor & Core Equity Strategist, Invesco; and Mark Marex, Research & Development Specialist, [...] Read more at ETFtrends.com.
In trading on Monday, shares of the EMQQ ETF (Symbol: EMQQ) entered into oversold territory, changing hands as low as $62.19 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
In trading on Monday, shares of the Invesco China Technology ETF (Symbol: CQQQ) entered into oversold territory, changing hands as low as $83.90 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to m
In trading on Monday, shares of the HACK ETF (Symbol: HACK) entered into oversold territory, changing hands as low as $53.9401 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Monday, shares of the KWEB ETF (Symbol: KWEB) entered into oversold territory, changing hands as low as $78.48 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on a
In trading on Monday, shares of the BOTZ ETF (Symbol: BOTZ) entered into oversold territory, changing hands as low as $31.5101 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Monday, shares of the iShares MSCI China ETF (Symbol: MCHI) entered into oversold territory, changing hands as low as $81.21 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure
In trading on Monday, shares of the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) entered into oversold territory, changing hands as low as $137.92 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator use
In trading on Monday, shares of the Vanguard Long-Term Treasury ETF (Symbol: VGLT) entered into oversold territory, changing hands as low as $84.07 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used t