Nasdaq ETFs

In recent trading, shares of McCormick & Co Inc (Symbol: MKC) have crossed above the average analyst 12-month target price of $83.38, changing hands for $83.76/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o

In recent trading, shares of Kimberly-Clark Corp. (Symbol: KMB) have crossed above the average analyst 12-month target price of $130.36, changing hands for $131.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o

In recent trading, shares of OGE Energy Corp (Symbol: OGE) have crossed above the average analyst 12-month target price of $39.00, changing hands for $39.24/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 Carter's Inc (Symbol: CRI) have crossed above the average analyst 12-month target price of $74.80, changing hands for $74.87/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio

In recent trading, shares of Quest Diagnostics, Inc. (Symbol: DGX) have crossed above the average analyst 12-month target price of $146.10, changing hands for $146.42/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad

St. Louis Fed President James Bullard, a voting member of the rate-setting committee, said Thursday that the central bank needed to raise interest rates to tame inflation. His comments followed strong retail sales numbers (+1.3% vs. 1.0% gain expected) and speeches by other Fed officials reiterating that further rate hikes were ahead. The fight against inflation is far from over.  Wall Street stocks closed moderately lower, giving back some of last week’s strong gains. The S&P 500 fell 0.69% week-over-week, bringing its year-to-date performance to -16.80%. The tech-heavy Nasdaq was down 1.57%. The composite index has lost 28.76% so far this year. The Dow Jones Industrial Average was virtually unchanged (-0.01% over the week, down 7.13% for the year).  In Europe, stocks indexes bucked the trend though reports of a Russian missile strike on Polish territory sparked a brief sell-off on Tuesday. The MSCI EMU was up 0.87% over the week (-12.08% YTD). The FTSE gained 0.92% and is now flat year-to-date (+0.01%). In Asia, Japan’s Nikkei dropped 1.29% (down 3.10% YTD). The Shanghai composite gained 0.32% (down 14.91% YTD) though China is still grappling with its worst Covid-19 outbreak in six months. Indian stocks edged down 0.23% (NIFTY 50 up 5.49% YTD). Defensive sectors gain momentum    Unlike last week, very few sectors finished the week in positive territory. Growth stocks lagged value stocks, which were supported by gains in the consumer staples sector (1.69%, best performer this week), and other defensive sectors such as utilities (+0.83%) and health care (+0.99%). Moderna (MRNA) climbed 6% after reporting encouraging data on its bivalent vaccine targeting Covid-19.  Elsewhere, investors were wincing as the Fed officials maintained their hawkish stance. The energy sector underperformed  (-2.35%) on concerns about weakening demand in China. Moreover, European oil and natural gas inventories reached near-peak levels. 95.3% of EU gas storage is filled to date. Consumer discretionary (-3.15%) also pushed the broader market lower with the freefall of megacap shares. Tesla (TSLA) and Amazon.com (AMZN) plunged 8.05% and 6.60% respectively. The e-commerce giant confirmed jobs cuts would continue in the coming months amid a “challenging” economy. US stock markets will be closed on Thursday, November 24, in observance of the Thanksgiving holiday.

By Fran Rodilosso Head of Fixed Income ETF Portfolio Management Compared to the U.S. and other developed markets bonds, EM bonds not only provide significantly higher nominal and real yields on average but also shorter durations. Central bank rate hikes in both emerging and developed markets have led to higher fixed-income yields across the board, [...] Read more at ETFtrends.com.

By Scott Welch, CIMA ® Chief Investment Officer – Model Portfolios This article is relevant to financial professionals who are considering offering model portfolios to their clients. If you are an individual investor interested in WisdomTree ETF Model Portfolios, please inquire with your financial professional. Not all financial professionals have access to these model portfolios. [...] Read more at ETFtrends.com.

By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income The market remains nervous about Brazil’s fiscal debates – will the central bank respond with a hike? EM current account narrative is split between concerns and a comeback. Brazil Fiscal Debates I learned two new economic terms this week – “macrosynergy” and “quantamental”. They sound remarkably clever, [...] Read more at ETFtrends.com.

By William Sokol Director of Product Management With investment grade corporate bond yields providing meaningful income and with elevated market volatility, we believe there are now opportunities in mispriced bonds with attractive valuations. A significant increase in both interest rates and credit spreads has made for a difficult year for investment grade bond investors. However, [...] Read more at ETFtrends.com.

What a week it was. First, the midterm elections failed to produce the “red wave” that most pollsters and pundits predicted. As I write this, the Democrats have maintained control of the Senate while it’s still unclear which party will have control of the House. And second, the crypto industry may have experienced its very [...] Read more at ETFtrends.com.

By Roland Morris Portfolio Manager and Strategist, Commodities Commodity indexes have maintained good gains all year in the face of rising interest rates and the stronger U.S. dollar. Macro Outlook: Commodities Supported by Steady Gains in Energy October was a relatively quiet month for most markets, commodities included. The U.S. dollar was slightly lower despite U.S. [...] Read more at ETFtrends.com.

  To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.

Investors who want a thematic and concentrated approach to their emerging markets exposure should consider the Matthews Asia Innovators Active ETF (MINV), which offers exposure to innovation in Asia.  Now is an ideal time to add exposure as, beneath the global inflationary headwinds, Asian economies are resetting and innovation is growing.  Michael Oh, portfolio manager for [...] Read more at ETFtrends.com.

By the Confluence Asset Allocation Committee, from November 14, 2022 Confluence Investment Management offers various asset allocation products which are managed using “top down,” or macro, analysis. We publish asset allocation thoughts on a bi-weekly basis, updating the report every other Monday, along with an accompanying podcast. The U.S. Dollar Index hit a 20-year high [...] Read more at ETFtrends.com.

Europe’s energy crisis has largely abated for now and a decision should be finalized within the next month on the RePowerEU initiative to wean Europe from reliance on Russian fossil fuels. Luke Oliver, managing director, head of climate investments, and head of strategy at KraneShares, gave mid-month guidance in a recent paper on what all [...] Read more at ETFtrends.com.

Economic indicators are largely pointing to slowing and a potential easing of inflation but not at a satisfactory rate according to St. Louis Federal Reserve President James Bullard. A continuation of Fed aggression through rate hikes could have serious economic repercussions but managed futures, a strategy that can take long — and most importantly short [...] Read more at ETFtrends.com.

A few months ago, investors were walking away from Crocs. Now, it’s currently looking like a number of investors would like to be back in the retailer’s shoes. After shares of the footwear specialist dropped nearly 75% from late 2021 to June 2022, Crocs has seen its stock rise nearly 111% over the last five [...] Read more at ETFtrends.com.

It’s fair to say that it’s been an up and down year for the old 60/40 portfolio. But investors may be buoyed by an uptick in flows for corporate bonds over the last month. With $3.6 billion into the corporate bond ETF category over one month, totaling about half of the $6.3 billion in YTD [...] Read more at ETFtrends.com.

The ALPS Sector Dividend Dogs ETF (SDOG), a deep value portfolio, is a compelling offering in the current environment.   The pure value factor has continued to outperform growth in the current rising interest rate environment and is outpacing pure growth by an astounding amount year-to-date.  SDOG applies the “Dogs of the Dow Theory” on [...] Read more at ETFtrends.com.