Nasdaq ETFs

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

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

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 Reinsurance Group of America, Inc. (Symbol: RGA) have crossed above the average analyst 12-month target price of $142.88, changing hands for $145.20/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to reac

In recent trading, shares of CTS Corp (Symbol: CTS) have crossed above the average analyst 12-month target price of $40.75, changing hands for $40.85/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, o

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 trading on Thursday, shares of the AVDV ETF (Symbol: AVDV) crossed below their 200 day moving average of $55.20, changing hands as low as $55.04 per share. AVDV shares are currently trading off about 1% on the day. The chart below shows the one year performance of AVDV sha

In trading on Thursday, shares of the SPDR S&P Metals & Mining ETF (Symbol: XME) crossed above their 200 day moving average of $50.73, changing hands as high as $50.97 per share. SPDR S&P Metals & Mining shares are currently trading up about 0.1% on the day. T

Italian oil supermajor Ente Nazionale Idrocarburi, otherwise known as Eni SpA, has committed to the net-zero energy transition by 2050, having recognized the need to change its practices in order to continue to operate a successful business model. It’s just one of many major industry players making the transition to carbon neutrality as the whole [...] Read more at ETFtrends.com.

As always, let’s start with a recap of my prediction track record: 2018: 5 for 5 2019: 4 for 5 2020: 4 for 5 2021: 3 for 5 (with a caveat) 2022: 3 for 4 (one incomplete) 2023 marks the 30th anniversary for the US ETF industry (more on that in a moment) and I plan on [...] Read more at ETFtrends.com.

U.S. Treasury yields rose after strong jobs data was reported on Thursday. Per CNBC, the yield on the benchmark 10-year Treasury gained 1 basis point to 3.718%, while the 2-year Treasury yield was trading 7.3 basis points higher to about 4.46% around the same time. This rise in yields came after ADP reported that private [...] Read more at ETFtrends.com.

Foreign investors are pouring back into China after having been underweight for much of the last year and a half. Over $1.85 billion flowed into Mainland stocks via the Northbound Stock Connect, and in Hong Kong, the internet giants performed strongest. It was a strong trading day for Chinese stocks with Hong Kong’s Hang Seng [...] Read more at ETFtrends.com.

VettaFi’s vice chairman Tom Lydon discussed the WisdomTree Europe Hedged Equity Fund (HEDJ) on this week’s “ETF of the Week” podcast with Chuck Jaffe of “Money Life.” Given current market conditions, hedging currency risk and doing what you can is more important than ever. “The word for 2023 needs to be diversification,” Lydon said, noting that [...] Read more at ETFtrends.com.

The S&P 500 Equal Weight Index outperformed its cap-weighted parent in the last month of 2022. The S&P 500 EWI declined -4.7% in December, outperforming the S&P 500 on a relative basis, which declined -5.8% during the month. The month of negative performance put an end to equal weight and the S&P 500’s short-lived rally, during [...] Read more at ETFtrends.com.

Back-to-back job market reports yesterday and today are likely to keep the gas pedal on Fed interest rate hikes in the first quarter of 2023. Given the market volatility around FOMC meetings as well as in response to Fed rate hikes in 2022, the trend is likely to remain for now, leaving many managed futures [...] Read more at ETFtrends.com.

The Invesco PureBeta MSCI USA ETF is seeing unusually high volume in afternoon trading Thursday, with over 93,000 shares traded versus three month average volume of about 28,000. Shares of PBUS were down about 1% on the day.

In trading on Thursday, the iShares Latin America 40 ETF is outperforming other ETFs, up about 2.5% on the day. Components of that ETF showing particular strength include shares of Petroleo Brasileiro, up about 4.4% and shares of Itau Unibanco Banco Holding, up about 4.2% on t

By Art Huprich, CMT® Chief Market Technician Day Hagan Asset Management  Summary  Equity market volatility occurred in both directions in 2022. Given a plethora of well-known—and likely unknown—macro factors plus the influence computerized trading/CTA positioning have on near-term directional movements, I believe similar equity market volatility will continue in 2023. To start 2023, a multi-month [...] Read more at ETFtrends.com.