In recent trading, shares of TG Therapeutics Inc (Symbol: TGTX) have crossed above the average analyst 12-month target price of $52.71, changing hands for $53.26/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 Gibraltar Industries Inc (Symbol: ROCK) have crossed above the average analyst 12-month target price of $70.33, changing hands for $70.58/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
The price of Bitcoin crossed the $20,000-mark for the first time on Dec 16 and is currently trading above $21,000. Per the market watchers, a surprisingly weak U.S. retail sales report led speculators to believe that an aggressive reflationary policy from the Biden administration
By Dan Weiskopf My son was just accepted early to college, so I have been giving 529 Plans a deep thought these days. Talk about a gift that keeps on giving! What a benefit it has been for so many who have had parents or grandparents accumulate savings for college in the form of tax-free [...] Read more at ETFtrends.com.
The fourth quarter is proving to be a solid one for the stock market, which has been hitting a series of new highs on vaccine optimism. The skyrocketing market is leading to explosive growth and enough liquidity in the ETF world. This is especially thanks to its unique strategies
With positive vaccine news, airline stocks could recover from the pandemic-induced turbulence. But is it clear skies from here on in? In the upcoming webcast, Fly Into 2021 With Optimism for Airlines, Frank Holmes, CEO and Chief Investment Officer, U.S. Global Investors, will discuss the state of the industry as we head into 2021, and [...] Read more at ETFtrends.com.
Investors can turn to exchange traded fund strategies to expand their portfolios into international markets. “The COVID-19 pandemic has accelerated profound shifts in how economies and societies operate. These transformations run across four dimensions: sustainability, inequality, geopolitics and the joint fiscal-monetary policy revolution,” according to the BlackRock Investment Institute (BII). “Three of BII’s new investment [...] Read more at ETFtrends.com.
In trading on Wednesday, shares of the Gold Miners ETF (Symbol: GDX) crossed above their 200 day moving average of $35.81, changing hands as high as $36.01 per share. Gold Miners shares are currently trading up about 1.7% on the day. The chart below shows the one year perform
As we explore the immediate opportunities and challenges ahead, exchange traded fund investors will have to consider the impacts of the political climate, finding income, and much more. In the recent webcast, Where We Stand: 2021 Market Outlook, Tom Wald, Chief Investment Officer, Transamerica Asset Management, outlined major points that investors will have to look [...] Read more at ETFtrends.com.
China may be deemed as the epicentre of the coronavirus pandemic but the country’s economic growth and the currency speak of a completely different story. In fact, among the emerging market pack, China is expected to log growth this year. WisdomTree Chinese Yuan Fund CYB is up
This has been a decently rewarding year for Wall Street despite the coronavirus attack but other corners of the globe haven’t returned in that a stellar fashion. The COVID-19 outbreak has weighed on foreign stocks more acutely and led them to lag the U.S. Index S&P 500 (up
By Holly Framstad, CFA, U.S. Head of Factor ETFs, iShares Key takeaways The prospect of middling economic growth and low rates makes income-generation challenging for many investors. A potential rise in inflation may lead to lower real yields, highlighting the greater importance of equities as a way to access portfolio income. High-yield and dividend-growth strategies each [...] Read more at ETFtrends.com.
On Wednesday, Tuttle Tactical Management (TTM), an experienced industry leader in Trend Aggregation, launched the SPAC and New Issue ETF (NYSE: SPCX), which is now available for trading on the NYSE. SPCX is the first actively-managed ETF that gives investors direct exposure to the disruptive capital markets theme of Special Purpose Acquisition Companies (SPACs). “The SPAC market has [...] Read more at ETFtrends.com.
Environmental, social, and governance (ESG) investing continues to show its mettle despite a challenging marketplace. ETF investors looking to further fortify their portfolios with ESG can look at funds like the SPDR S&P 500 ESG ETF (EFIV). The fund seeks to provide investment results that, before fees and expenses, correspond generally to the total return [...] Read more at ETFtrends.com.
While environmental, social, and governance (ESG) investing has been in the limelight as of late, a subcategory of the space, renewable energy, is also seeing strength. This is propelling funds to strong gains, like the Global X YieldCo & Renewable Energy Income ETF (YLCO), which is up 17% year-to-date. YLCO seeks to provide exposure to [...] Read more at ETFtrends.com.
Wall Street bulls are flexing their muscles to close out the year 2020 with the key large-cap U.S. indexes hovering around record highs. The S&P 500 Index is up 12.9% despite the coronavirus fear. However, the small-cap Russell 2000 Index (up 17.5%) outperformed its peer equi
Exchange-traded funds (ETFs) have garnered over $400 billion in capital despite a challenging market environment in 2020. Rather than cast a wide net into a growing sea of ETFs, investors can opt for a qualitative and quantitative strategy in one ETF through the VanEck Vectors Morningstar Wide Moat ETF (MOAT). MOAT seeks to replicate as [...] Read more at ETFtrends.com.
While the pandemic was sure to cast a cloud over retail, one tailwind that could boost the sector is a forthcoming stimulus package. If Congress can agree to a deal before Christmas, consumers will be incentivized to open up their wallets and boost the Direxion Daily Retail Bull 3X ETF (NYSEArca: RETL). RETL seeks daily investment [...] Read more at ETFtrends.com.
Multi-asset exposure can help balance portfolios by adding uncorrelated assets, which is quite helpful given a sharp market downturn. Rather than individually seek out multiple asset classes, ETF investors can look to a holistic actively managed strategy through funds like the Invesco Growth Multi-Asset Allocation ETF (PSMG). The goal of PSMG is to provide long-term [...] Read more at ETFtrends.com.
Environmental, social, and governance (ESG) investing was a worldwide phenomenon before it caught fire in the United States. ETF investors looking to get international ESG exposure outside of the country can look at funds like the Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF (ACSG). ACSG seeks investment results that correspond generally to the [...] Read more at ETFtrends.com.