In recent trading, shares of M.D.C. Holdings, Inc. (Symbol: MDC) have crossed above the average analyst 12-month target price of $35.88, changing hands for $35.98/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
In recent trading, shares of Cracker Barrel Old Country Store Inc (Symbol: CBRL) have crossed above the average analyst 12-month target price of $105.57, changing hands for $107.87/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to r
In recent trading, shares of The Gap Inc (Symbol: GPS) have crossed above the average analyst 12-month target price of $10.51, changing hands for $10.64/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
By Rick Harper CIO, Fixed Income, Kevin Flanagan Head of Fixed Income Strategy, and 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 [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income Downside inflation surprises point to a slower pace of rate hikes or even a pause in some EMs. In the case of China, lower than expected inflation might not pave for way for additional stimulus. China’s Benign Inflation Backdrop Today is a big inflation day – and we’ve got a [...] Read more at ETFtrends.com.
By Joe Foster Portfolio Manager and Strategist, Gold and Precious Metals & Imaru Casanova Deputy Portfolio Manager, Gold and Precious Metals Gold falls below $1,800 per ounce; royalty and streaming companies may provide protection against cost inflation and act as a defensive investment vehicle in a weak gold price environment. Monthly gold market and economic [...] Read more at ETFtrends.com.
Gold mining stocks appear very unloved at the moment. As measured by the NYSE Arca Gold Miners Index, gold equities fell 18.5% year-to-date through the end of July, underperforming both the underlying metal and the S&P 500. From the index’s recent high set in August 2020, gold miners are off about 42.5%, putting them deep [...] Read more at ETFtrends.com.
As equity markets rallied in July, strong stock selection was the primary driver of performance for the Morningstar Wide Moat Focus Index, with Etsy and Boeing among the standouts. The U.S. officially entered into a recession last month; however, equity markets rebounded in July, with the S&P 500 seeing its best month since November 2020. [...] Read more at ETFtrends.com.
As investors begin to pile back into stock exchange traded funds, global equity funds enjoyed their first week of positive inflows in seven weeks. According to Refinitiv Lipper data, global equity funds attracted $2.75 billion in net inflows over the past week ended Wednesday, marking their first positive weekly inflow since June 22, Reuters reported. [...] Read more at ETFtrends.com.
Japanese yen currency-related exchange traded funds have experienced some volatile swings as large investors dip back into this segment of the foreign exchange market. The CurrencyShares Japanese Yen Trust (NYSEArca: FXY), which tracks the yen currency moves against the U.S. dollar, fell 0.3% Friday but was still up 3.2% over the past month. Meanwhile, the [...] Read more at ETFtrends.com.
Growth style-related exchange traded funds are beginning to outperform as investors jumped on this battered segment of the market in the latest rally, with the low inflation reading fueling the most recent run. Over the past month, the SPDR Portfolio S&P 500 Growth ETF (SPYG) increased 11.8% while the SPDR S&P Portfolio S&P 500 Value ETF (SPYV) [...] Read more at ETFtrends.com.
China country-specific exchange traded funds wobbled Friday after five state-owned companies decided to willingly delist their American depositary receipt from U.S. exchanges. On Friday, the Invesco Golden Dragon China ETF (PGJ) fell 0.4%, the iShares China Large-Cap ETF (NYSEArca: FXI) rose 0.5% and the SPDR S&P China ETF (NYSEArca: GXC) was up 0.1%, Under pressure [...] Read more at ETFtrends.com.
Home prices in the U.S. continue to climb, alongside spiking mortgage rates, freezing increasingly more buyers out of markets, reported the Wall Street Journal. The month of June was the most expensive month for purchasing a home in over 30 years as high prices and high mortgage rates made the market increasingly unaffordable for many [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds are on a hot streak, extending gains for the fourth consecutive week, after inflation came in lower than expected and fueled bets that the Fed will take a more moderate stance on its monetary policy outlook. On Friday, the Invesco QQQ Trust (QQQ) rose 1.4%, the SPDR Dow Jones [...] Read more at ETFtrends.com.
Five Chinese companies have voluntarily opted to delist from the New York Stock Exchange and U.S. markets, reported Reuters, in a move that could be positive for the ongoing audit dispute between China and the U.S. The companies are all Chinese state-owned enterprises (SOEs), meaning that the Chinese government has a level of involvement with [...] 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.
Even as growthier segments of the market rebounded and a risk-off sentiment began to emerge in July, investors are still plowing assets into low volatility funds, looking for protection against what may be lying ahead. The Invesco S&P 500 Low Volatility ETF (SPLV) has taken in more new money over the past four weeks than [...] Read more at ETFtrends.com.
The global energy arena continued to change over the summer as the EU continues working to rapidly transition away from Russian energy dependence and parts of Europe and the U.K. experienced unprecedented heat waves that briefly brought many aspects of life to a stand-still. Luke Oliver, managing director, head of climate investments, and head of [...] Read more at ETFtrends.com.
In trading on Friday, shares of the FNDX ETF (Symbol: FNDX) crossed above their 200 day moving average of $56.20, changing hands as high as $56.33 per share. FNDX shares are currently trading up about 1.3% on the day. The chart below shows the one year performance of FNDX sha
In trading on Friday, shares of the SPDR Portfolio S&P 600 Small Cap ETF (Symbol: SPSM) crossed above their 200 day moving average of $41.10, changing hands as high as $41.11 per share. SPDR Portfolio S&P 600 Small Cap shares are currently trading up about 1.7% on the