In recent trading, shares of MongoDB Inc (Symbol: MDB) have crossed above the average analyst 12-month target price of $143.45, changing hands for $149.00/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
In recent trading, shares of Ansys Inc. (Symbol: ANSS) have crossed above the average analyst 12-month target price of $248.75, changing hands for $254.80/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valua
For investors looking for momentum, SPDR Gold MiniShares Trust GLDM is probably a suitable pick. The fund just hit a 52-week high and is up 35.9% from its 52-week low price of $12.65/share.
In trading on Tuesday, shares of the iShares U.S. Medical Devices ETF (Symbol: IHI) crossed above their 200 day moving average of $249.25, changing hands as high as $250.15 per share. iShares U.S. Medical Devices shares are currently trading up about 2.9% on the day. The cha
The number of confirmed coronavirus cases globally is nearing a grim mark of two million, with death toll rising to about 120,000. In such a scenario, the desperation for vaccine and drugs to deal with the pandemic is rising. Gilead Sciences GILD has ignited a ray of hope with i
The latest preliminary report on April’s U.S. consumer sentiment shows that the metric has seen a record decline, largely due to the coronavirus-led rising unemployment and shut down of economic activities. The University of Michigan’s preliminary sentiment index slipped to
With a number of countries under lockdowns in order to contain the spread of the coronavirus, the trend of working-from-home has picked up. At least, the service sector is trying to mitigate the economic and social impact of the pandemic in this manner.
Coronavirus cases have leaped to more than 1.86 million worldwide, with governments and business operators increasingly looking for ways to maintain operations along with curbing its spread. In such a scenario, robotics has emerged as one of the most effective strategies to cont
In trading on Tuesday, the iShares PHLX Semiconductor ETF is outperforming other ETFs, up about 3.7% on the day. Components of that ETF showing particular strength include shares of Advanced Micro Devices, up about 7.1% and shares of Cirrus Logic, up about 5.8% on the day.
After brutal trading, the S&P 500 has recovered about half of its losses made in late March on heightening coronavirus fears. Notably, the index is up about 25% from its lows. Most of the gains were recorded last week on signs of a slowdown in the number of hospitalizations
Bank stocks and the related exchange traded funds are vexing investors yet again, making 2020 at least the third consecutive year in which that has happened as highlighted by the struggles of the KBW Nasdaq Bank Index.
In trading on Tuesday, shares of the First Trust Cloud Computing ETF (Symbol: SKYY) crossed above their 200 day moving average of $58.83, changing hands as high as $59.16 per share. First Trust Cloud Computing shares are currently trading up about 3.7% on the day. The chart
In trading on Tuesday, shares of the iShares Intermediate-Term Corporate Bond ETF (Symbol: IGIB) crossed above their 200 day moving average of $57.61, changing hands as high as $57.78 per share. iShares Intermediate-Term Corporate Bond shares are currently trading up about 0.
In trading on Tuesday, shares of the Vanguard Growth ETF (Symbol: VUG) crossed above their 200 day moving average of $172.43, changing hands as high as $173.15 per share. Vanguard Growth shares are currently trading up about 3.1% on the day. The chart below shows the one yea
In trading on Tuesday, shares of the SPDR— S&P— Biotech ETF (Symbol: XBI) crossed above their 200 day moving average of $85.75, changing hands as high as $86.52 per share. SPDR— S&P— Biotech shares are currently trading up about 3.4% on the day. The chart bel
In trading on Tuesday, shares of the Vanguard Russell 1000 Growth ETF (Symbol: VONG) crossed above their 200 day moving average of $170.54, changing hands as high as $170.74 per share. Vanguard Russell 1000 Growth shares are currently trading up about 3.3% on the day. The ch
In trading on Tuesday, shares of the iShares Russell Top 200 Growth ETF (Symbol: IWY) crossed above their 200 day moving average of $90.92, changing hands as high as $92.75 per share. iShares Russell Top 200 Growth shares are currently trading up about 3.1% on the day. The c
First-quarter results are likely to be bleak, given that the coronavirus outbreak has hurt economic and business activities, thereby weighing on corporate profits.In particular, a large number of companies have warned that the epidemic will prevent them from meeting sales or pro