In recent trading, shares of Cadre Holdings Inc (Symbol: CDRE) have crossed above the average analyst 12-month target price of $32.28, changing hands for $32.30/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on v
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
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
Treasury yields haven’t been this tasty in decades. That said, collateralized debt obligations (CLOs) are offering yields higher than 6%. Those yields are largely the result of a higher federal funds target rate and resilient consumer spending. VettaFi contributor Dan Mika spoke with Edwin Wilches, co-head of securitized products at PGIM Fixed Income and portfolio [...]
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Investors starved for yield since the great financial crisis can now have it merely by holding cash reserves. At least for now (as of November 8), the U.S. three-month Treasury Bill was yielding 5.4%, up from 0.50% at the end of 2021 and 4.4% at the end of last year. But they may not have [...]
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Wall Street is eagerly awaiting tomorrow’s consumer price index report, which will offer insight into the fight against inflation. U.S. consumers’ inflation expectations eased slightly in October, the Federal Reserve Bank of New York reported on Monday. Median inflation expectations declined at the one-year and five-year ahead horizons, falling to 3.6% from 3.7% and to [...]
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Some great content has already been published on what’s going on in bitcoin right now on VettaFi’s Crypto Channel, including an insightful article from VettaVoice contributor Jennifer Nash when bitcoin broke $35,000. Here we are, just a brief time later, and bitcoin prices are now above the $37,000, marking its highest level since May of [...]
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On this episode of the “ETF of the Week” podcast, Tom Lydon discussed the Vanguard Consumer Discretionary ETF (VCR) with Chuck Jaffe of “Money Life.” The pair discussed several topics regarding the fund to give investors a deeper understanding of the fund overall. Chuck Jaffe: One fund is on point for today, and the [...]
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Bitcoin (BTC) has again been making headlines and capturing the attention of crypto enthusiasts and traders. The popular digital currency has recently surged to levels not seen in almost eighteen months.
Since taking out the $32,000 level of resistance near the end of October,
Remember the FAANG stocks? Well, they’ve morphed into a grouping now known as the “Magnificent Seven.” Netflix has gotten the boot and been replaced by another “N” company, Nvidia. Microsoft and Tesla have also joined the crew. Now the hottest names in the U.S. market include Apple, Alphabet (Google), Meta Platforms, Amazon.com, Nvidia, Microsoft, and [...]
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The Vanguard S&P Small-Cap 600 ETF is seeing unusually high volume in afternoon trading Monday, with over 631,000 shares traded versus three month average volume of about 107,000. Shares of VIOO were up about 0.2% on the day.
In trading on Monday, the Uranium ETF is outperforming other ETFs, up about 2.7% on the day. Components of that ETF showing particular strength include shares of F3 Uranium, up about 11.3% and shares of Denison Mines, up about 5.1% on the day.
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the DIREXION DAILY JUNIOR GOLD MINERS INDEX BEAR 2X, where 4,350,000 units were destroyed, or a 26.2% decrease week over week.
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the DIREXION DAILY 20-YR TREASURY BULL 3X SHARES, which added 23,700,000 units, or a 4.0% increase week over week.
Economic indicators are released every week to provide insight into the overall health and performance of an economy. They serve as essential tools for policymakers, advisors, investors, and businesses. They allow them to make informed decisions regarding business strategies and financial markets. In the week ending November 9, the SPDR S&P 500 ETF Trust (SPY) [...]
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Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares National Muni Bond ETF (Symbol: MUB) where we have detected an approximate $259.0 million dollar inflow -- that's a 0.7% increase week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Core S&P Small-Cap ETF (Symbol: IJR) where we have detected an approximate $219.4 million dollar inflow -- that's a 0.3% increase week o
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the COWZ ETF (Symbol: COWZ) where we have detected an approximate $205.8 million dollar inflow -- that's a 1.3% increase week over week in outstanding u
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the High Yield Muni ETF (Symbol: HYD) where we have detected an approximate $185.7 million dollar inflow -- that's a 7.1% increase week over week in out
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the Gold Miners ETF (Symbol: GDX) where we have detected an approximate $205.7 million dollar inflow -- that's a 1.9% increase week over week in outstan