Harsh winter weather across the world is providing a huge boost for oil prices. Traders are liking the leveraged gains they’re seeing from ETFs like the Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares (GUSH). The MSCI ACWI Energy Sector index is up over 20% the last few months and 13% [...] Read more at ETFtrends.com.
The iShares Global 100 ETF is seeing unusually high volume in afternoon trading Thursday, with over 570,000 shares traded versus three month average volume of about 92,000. Shares of IOO were down about 1.1% on the day.
Ark Investment Management founder Cathie Wood has been seeing massive money flowing into five of the seven ETFs lineup in the recent months. Ark Innovation ETF ARKK, which is the second top asset creator of this year, is red hot, just behind Vanguard S&P 500 ETF VOO. The ETF
Perusing meeting minutes from the Federal Open Market Committee (FOMC) isn’t always easy or entertaining, but the text out earlier this week may contain vital clues for advisors and asset allocators alike. Advisors can prepare for changes in the bond market with the WisdomTree Fixed Income Model Portfolio. “This model portfolio is focused on a [...] Read more at ETFtrends.com.
In trading on Thursday, the iShares U.S. Utilities ETF is outperforming other ETFs, up about 0.6% on the day. Components of that ETF showing particular strength include shares of Firstenergy, up about 7.7% and shares of Vistra, up about 4.5% on the day.
Weekly Update Markets have a tendency to do what they can to surprise the masses. We see this occur often, particularly when we try to relate the news to market events. GameStop was an exaggerated example of this. GameStop, a brick-and-mortar shop where you can purchase physical copies of video games, is a dinosaur company. [...] Read more at ETFtrends.com.
Some commodities market observers are discussing the potential arrival of another supercycle, and while it’s not official yet, investors can prepare for the event with products like the Sprott Physical Platinum and Palladium Trust (NYSEArca: SPPP). SPPP provides “a secure, convenient and exchange-traded investment alternative for investors who want to hold physical platinum and palladium. The [...] Read more at ETFtrends.com.
Hong Kong-listed equities are on fire this year, aiding ETFs which investors might not readily expect. The ERShares Entrepreneurs ETF (ENTR) is one of them. ENTR tries to reflect the performance of the Entrepreneur 30 Index, which is comprised of 30 U.S. companies with the highest market capitalizations and composite scores based on six criteria referred [...] Read more at ETFtrends.com.
Market participants have recently expressed concern about the regulatory environment around major Chinese internet stocks, including Alibaba. Those concerns may be overblown. Investors will still want to consider the Invesco Golden Dragon China ETF (PGJ). PGJ seeks to track the investment results of the NASDAQ Golden Dragon China Index. The fund generally will invest at [...] Read more at ETFtrends.com.
Investors are constantly searching for the next big thing, and that’s particularly true among growth and technology stocks. The Invesco NASDAQ Next Gen 100 ETF (QQQJ) is rising to the challenge. There’s been plenty of demand for QQQJ, an ETF that’s just a few months old. In fact, QQQJ recently topped $1 billion in assets [...] Read more at ETFtrends.com.
A look at the weighted underlying holdings of the SPDR— S&P Kensho Final Frontiers ETF (ROKT) shows an impressive 11.1% of holdings on a weighted basis have experienced insider buying within the past six months.
Maxar Technologies Inc (Symbol: MAXR), which makes up 6
Bonds are integral components in any retirement portfolio. Corporate bonds can carry higher yields than domestic government debt. When it comes to corporate bonds, passive index-based strategies are often the way to go for retirees. Consider the iShares Broad USD Investment Grade Corporate Bond ETF (USIG). USIG follows the ICE BofAML US Corporate Index and [...] Read more at ETFtrends.com.
Principal Financial Group Inc (Symbol: PFG) has been named a Top Socially Responsible Dividend Stock by Dividend Channel, signifying a stock with above-average ''DividendRank'' statistics including a strong 4.1% yield, as well as being recognized by prominent asset managers as
In recent trading, shares of Devon Energy Corp. (Symbol: DVN) have crossed above the average analyst 12-month target price of $21.55, changing hands for $21.73/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of Globe Life Inc (Symbol: GL) have crossed above the average analyst 12-month target price of $94.50, changing hands for $94.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
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 Phillips 66 (Symbol: PSX) have crossed above the average analyst 12-month target price of $80.36, changing hands for $80.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of Marsh & McLennan Companies Inc. (Symbol: MMC) have crossed above the average analyst 12-month target price of $116.50, changing hands for $117.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to rea
By Karl Steiner In January of 2019 and 2020, I published year-in-review posts on the returns performance of various asset classes. But I have to say, I found those posts distinctly unsatisfying. For example, in 2020, U.S. large-cap growth stocks were the best performer of any asset class with a remarkable total annual return of 40%. The next [...] Read more at ETFtrends.com.
In recent trading, shares of Cornerstone OnDemand, Inc. (Symbol: CSOD) have crossed above the average analyst 12-month target price of $48.62, changing hands for $55.18/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr