In recent trading, shares of Select Medical Holdings Corp (Symbol: SEM) have crossed above the average analyst 12-month target price of $27.33, changing hands for $27.41/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
The U.S. market is in great shape as 2020 comes to a close, thanks mainly to the signing of a U.S. stimulus deal, a super-dovish Fed, vaccine rollouts and dissipating global growth worries. The S&P 500, the Nasdaq and the Dow Jones hit all-time highs on Dec 28 as Santa Claus
In recent trading, shares of Colgate-Palmolive Co. (Symbol: CL) have crossed above the average analyst 12-month target price of $85.10, changing hands for $85.41/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of Broadridge Financial Solutions Inc (Symbol: BR) have crossed above the average analyst 12-month target price of $150.88, changing hands for $152.06/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react
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 Accenture plc (Symbol: ACN) have crossed above the average analyst 12-month target price of $258.29, changing hands for $259.68/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
I’ve posted before about sequence-of-return risk, or “sequence risk” for short. Sequence risk is when several years of bad returns early in retirement cause a portfolio to run out of money too soon. This risk applies specifically to retirement because retirees withdraw money from their portfolios regularly to fund living expenses. This graph shows the huge impact that [...] Read more at ETFtrends.com.
The latest new home sales data has again disappointed amid a low interest rate environment and favorably changing demand patterns in the U.S. housing sector. Per the U.S. Census Bureau and the U.S. Department of Housing and Urban Development data, new home sales declined 11% last
With the rising popularity of socially responsible investments like environmental, social, and governance related funds, investors are benefiting from the increased competition as ESG fund managers try to undercut their competitors. For example, in Europe where European asset owners have shifted to all-ESG portfolios, fund managers have been lowering fees to remain competitive. According to [...] Read more at ETFtrends.com.
The final leg of the last trading week of 2020 has begun. Despite all coronavirus-related adversities, Wall Street has pleasantly surprised investors with its performance in the ongoing year. The Down Jones Industrial Average has risen 5.8% so far in this year. The other two majo
E-commerce has been an outperforming theme among exchange traded funds focused on the developing economies this year. The Emerging Markets Internet & Ecommerce ETF (NYSEArca: EMQQ), which includes access to EM companies related to online retailers or the quickly expanding e-commerce industry, increased 74% in 2020, compared to the 14% gain for the widely observed [...] Read more at ETFtrends.com.
After the initial euphoria over the post-Brexit trade deal passed, the British pound currency and related exchange traded funds retreated Monday, ending a three-day winning streak, as traders considered the broader outlook for the U.K. economy. On Monday, the currency-focused Invesco Currency Shares British Pound Sterling (NYSEArca: FXB) fell 0.7% while the iShares MSCI United Kingdom [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds pushed to new records after President Donald Trump signed the new coronavirus relief package and bill, alleviating concerns of a wide government shutdown and adding to bets of an economic recovery. On Monday, the Invesco QQQ Trust (NASDAQ: QQQ) was up 0.3%, SPDR Dow Jones Industrial Average ETF (NYSEArca: [...] Read more at ETFtrends.com.
The year 2020 has been rewarding for Wall Street with the key equity gauge the S&P 500 returning 14.6% so far despite the deadly COVID-19 outbreak and the resultant lockdowns. Though the first quarter of the year has been hazardous with Wall Street slipping into the bear mark
With 2021 quickly approaching, it’s important to consider how to positively evolve when it comes to properly structuring stock portfolios. ETF Trends’ Director of Research and CIO, Dave Nadig, spoke with Yahoo Finance’s Alexis Christoforous on “Yahoo Finance Presents,” presented by T. Rowe Price, about investment strategy heading into 2021, along with the record ETF [...] Read more at ETFtrends.com.
The resurgence of the value factor is supportive for dividend stock ETFs such as the ALPS Sector Dividend Dogs ETF (SDOG). SDOG tries to reflect the performance of the S-Network Sector Dividend Dogs Index, which applies the “Dogs of the Dow Theory” on a sector-by-sector basis using the S&P 500 with a focus on high [...] Read more at ETFtrends.com.
The broad economy may not necessarily reflect what the market is doing, as in the case of Greece and the Global X MSCI Greece ETF (GREK). The ETF is up almost 30% when looking at its 3-month trailing returns, but can it maintain this positive momentum heading into 2021? The pandemic is doing a number [...] Read more at ETFtrends.com.
In the last trading week of 2020, stocks and index ETF started off with fireworks, as investors cheered President Trump’s surprise signing of an economic relief bill. The Dow Jones Industrial Average advanced over 200 points, or 0.7%, as the S&P 500 gained 0.88% and the Nasdaq Composite added 0.9%. Major stock ETFs are also [...] Read more at ETFtrends.com.
It’s been a strong year for gold as the precious metal was highly sought after as a safe haven amid the market volatility caused by the pandemic. The big question now is what gold can do in 2021, and the futures market and funds like the Invesco DB Gold (DGL) may hold the answer. DGL seeks to [...] Read more at ETFtrends.com.
President Trump signed legislation on Dec 27 evening that offers all-important government spending and $900 billion in pandemic-related stimulus. The total $2.3 trillion omnibus spending bill, which finances the government through September 2021, passed both chambers of Congress