Despite the Covid-19 pandemic wreaking havoc on the capital markets in 2020, the ETF industry showed its ability to not only weather the storm but to prosper in spite of it. Factor-based funds were also winners, which puts funds like the iShares Edge MSCI USA Momentum Factor ETF (MTUM) and the iShares Edge MSCI USA Value [...] Read more at ETFtrends.com.
We have had several inquiries this morning asking us if we thought the market was primed for a pullback given the potential for a blue sweep. Astoria Portfolio Advisors’ view is the following: There is significant liquidity sloshing around the system (Fed implementing QE + fiscal stimulus). There are calls for even more stimulus to [...] Read more at ETFtrends.com.
The Santa Claus rally did not disappoint in 2020 as most major U.S. equity indices put in new all-time highs late in December. The broadening of the equity market rally continued in December as small and mid-cap stocks continued their recent outperformance of large-caps. Growth made a comeback in December after underperforming value in recent [...] Read more at ETFtrends.com.
With a sweep of the Senate runoff races in Georgia Tuesday, Democrats control the White House and both houses of Congress, stoking speculation that a massive government spending is coming. That could benefit infrastructure assets, such as the AGFiQ Global Infrastructure ETF (GLIF). The AGFiQ Global Infrastructure ETF uses a multi-factor investment process to seek [...] Read more at ETFtrends.com.
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Analog Devices Inc (Symbol: ADI). The average 12-month price target for ADI — averaging the work of 14 analysts — reveals an average price target of $150.14/
Cannabis stocks jumped following the Democratic victories in Georgia’s two runoff elections that have spurred hopes for near-term decriminalization. Democratic candidates — Jon Ossoff and the Rev. Raphael Warnock — defeated the Republican candidates GOP Senator David Perdue
In trading on Thursday, shares of the iShares 7-10 Year Treasury Bond ETF (Symbol: IEF) entered into oversold territory, changing hands as low as $118.515 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Dada Nexus Ltd (Symbol: DADA). The average 12-month price target for DADA — averaging the work of 4 analysts — reveals an average price target of $41.00/shar
In trading on Thursday, shares of the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) entered into oversold territory, changing hands as low as $151.43 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Guardant Health Inc (Symbol: GH). The average 12-month price target for GH — averaging the work of 7 analysts — reveals an average price target of $125.43/sh
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Vale SA (Symbol: VALE). The average 12-month price target for VALE — averaging the work of 8 analysts — reveals an average price target of $16.85/share. Tha
In trading on Thursday, shares of the Vanguard Long-Term Bond ETF (Symbol: BLV) entered into oversold territory, changing hands as low as $106.08 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Thursday, shares of the ProShares Short S&P500 ETF (Symbol: SH) entered into oversold territory, changing hands as low as $17.705 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used t
In trading on Thursday, shares of the Vanguard Extended Duration Treasury ETF (Symbol: EDV) entered into oversold territory, changing hands as low as $144.4801 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indi
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Natera Inc (Symbol: NTRA). The average 12-month price target for NTRA — averaging the work of 8 analysts — reveals an average price target of $91.25/share.
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with XPO Logistics, Inc. (Symbol: XPO). The average 12-month price target for XPO — averaging the work of 16 analysts — reveals an average price target of $112.06
Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with Deckers Outdoor Corp. (Symbol: DECK). The average 12-month price target for DECK — averaging the work of 13 analysts — reveals an average price target of $28
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P Mid-Cap 400 Growth ETF (Symbol: IJK) where we have detected an approximate $153.2 million dollar outflow -- that's a 1.9% decrease w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco Senior Loan ETF (Symbol: BKLN) where we have detected an approximate $93.8 million dollar inflow -- that's a 2.0% increase week over week in
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Broad USD Investment Grade Corporate Bond ETF (Symbol: USIG) where we have detected an approximate $67.4 million dollar outflow -- that's a