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 itse
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 itse
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 itse
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 itse
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 itse
The rapidly spreading coronavirus outbreak seems to have unnerved the market participants in July as the total number of cases have crossed 4.4 million with at least 150,000 deaths, per a CNN report. Also, the U.S. economy’s second-quarter GDP’s most devastating plunge of 32
The rising number of coronavirus cases in the United States took a toll on consumer confidence in July as worries about job prospects and business conditions surfaced. The Conference Board's measure of consumer confidence index stands at 92.6, comparing unfavorably with June’s
In trading on Friday, shares of the Vanguard FTSE Developed Markets ETF (Symbol: VEA) crossed below their 200 day moving average of $39.78, changing hands as low as $39.55 per share. Vanguard FTSE Developed Markets shares are currently trading down about 2.2% on the day. The
In trading on Friday, shares of the Vanguard FTSE Europe ETF (Symbol: VGK) crossed below their 200 day moving average of $52.06, changing hands as low as $51.81 per share. Vanguard FTSE Europe shares are currently trading down about 2.5% on the day. The chart below shows the
In trading on Friday, shares of the BBEU ETF (Symbol: BBEU) crossed below their 200 day moving average of $22.81, changing hands as low as $22.66 per share. BBEU shares are currently trading off about 2.5% on the day. The chart below shows the one year performance of BBEU sh
Starbucks Corporation SBUX released third-quarter fiscal 2020 results, after market close on Jul 28. The company’s earnings and revenues topped estimates but sharply declined year over year. Notably, shares of Starbucks have gained 3.7% since the earnings release as investors
Wall Street has been steady in July despite the rise in coronavirus cases. SPDR S&P 500 (SPY) (up 5.9%), SPDR Dow Jones Industrial Average ETF (DIA) (up 2.5%) and Invesco QQQ ETF (QQQ) (up 7%) have all returned nicely due to fiscal and monetary stimulus, coronavirus vaccine
Wall Street has been steady in July despite rising coronavirus cases. SPDR S&P 500 SPY (up 5.9%), SPDR Dow Jones Industrial Average ETF DIA (up 2.5%) and Invesco QQQ ETF (QQQ) (up 7%) all have returned nicely due to fiscal and monetary stimulus, coronavirus vaccine hopes, pe
The U.S. economy shrank deeper in the second quarter as the COVID-19 pandemic halted business and industrial activities. The first reading from the Bureau of Economic Analysis showed that the economy contracted at a historic 32.9% annual rate from April through June, marking its
In trading on Friday, the Junior Gold Miners ETF is outperforming other ETFs, up about 3.6% on the day. Components of that ETF showing particular strength include shares of Karora Resources, up about 364.9% and shares of Dundee Precious Metals, up about 11.1% on the day.
After the closing bell on Jul 30, Facebook FB delivered robust second-quarter 2020 results wherein it beat both earnings and revenue estimates. Shares of Facebook soared as much as 8% in aftermarket hours on elevated volumes.Adjusted earnings per share came in at $1.80, well abo
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Invesco S&P 500— Equal Weight ETF (Symbol: RSP) where we have detected an approximate $42.8 million dollar outflow -- that's a 0.3% decrease
In trading on Friday, shares of the Vanguard FTSE Pacific ETF (Symbol: VPL) crossed below their 200 day moving average of $64.30, changing hands as low as $63.94 per share. Vanguard FTSE Pacific shares are currently trading off about 2.2% on the day. The chart below shows th
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Russell 2000 ETF (Symbol: IWM) where we have detected an approximate $989.3 million dollar outflow -- that's a 2.4% decrease week over week