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

On June 9th, we distributed a piece (click here) arguing that if CPI surprised to the upside, the S&P would fall precipitously. This came to fruition as June was disastrous for risk assets. Just as the markets sold off on last month’s unexpected CPI overshoot, they could equally move sharply higher if this week’s CPI [...] Read more at ETFtrends.com.

📣 Starting now! Join @DaveNadig, @EricBalchunas and @NateGeraci as they debate all things #ESGhttps://t.co/h5A2EtRWEm — VettaFi (@Vetta_Fi) July 11, 2022 Despite its growth in recent years, the nature of ESG (environmental, social, or governance) has remained polarizing. In two recent VettaFi articles, the subject of ESG was explored as far as what it really means [...] Read more at ETFtrends.com.

Financial sector-related exchange traded funds will be in the limelight this week as Wall Street banks kick off the earnings season. Major financial firms such as JPMorgan Chase (NYSE: JPM) and Morgan Stanley (NYSE: MS) are scheduled to report earnings on Thursday, followed by Citigroup (NYSE: C) and Wells Fargo (NYSE: WFC) on Friday. The [...] Read more at ETFtrends.com.

China country-specific exchange traded funds plunged Monday as rising COVID-19 cases rattles the emerging Asian economy that is just convalescing from its recent shutdowns. On Monday, the iShares MSCI China ETF (MCHI) fell 4.5%, the KraneShares Bosera MSCI China A Share ETF (KBA) declined 3.0%, and the Xtrackers CSI 300 China A-Shares ETF (ASHR) decreased [...] Read more at ETFtrends.com.

Treasury bonds and related exchange traded funds were among the better performing areas of the markets on Monday as traders turned to safe-haven U.S. government debt. On Monday, the Vanguard Extended Duration Treasury ETF (EDV) rose 2.0%, the SPDR Portfolio Long Term Treasury ETF (SPTL) increased 1.5%, the PIMCO 25+ Year Zero Coupon US Treasury [...] Read more at ETFtrends.com.

Natural gas prices and related exchange traded funds climbed Monday as the summer heat could fuel electricity demand and pipeline problems impede supplies. The United States Natural Gas Fund (UNG) rose 5.3% on Monday. Meanwhile, Nymex natural gas futures were up 7.2% to $6.47 per million British thermal units. EBW Analytics Group senior analyst Eli Rubin [...] Read more at ETFtrends.com.

Twitter Inc. (NasdaqGS: TWTR) shares plunged Monday, dragging down social media-related exchange traded funds after Elon Musk ended his takeover bid for the platform. On Monday, the Invesco Dynamic Media ETF (PBS) fell 3.1% and the Global X Social Media ETF (SOCL) declined 5.0%. Meanwhile, Twitter shares decreased 8.8% on Monday. TWTR makes up 8.4% [...] Read more at ETFtrends.com.

In one of its last rulings before its recess, the Supreme Court struck down the Environmental Protection Agency’s ability to regulate emissions from power plants under the Clean Air Act. The Supreme Court ruled that the EPA doesn’t have the authority as an agency to create emissions caps, and instead, the regulation must be mandated [...] Read more at ETFtrends.com.

Our work suggests that the recession currently priced into the equity market has yet to show up. In fact, there are some positive signs that this economy will not go down without a fight. For example, we are seeing early signs that inflationary pressures are easing. This does not mean an immediate reduction in inflation, but [...] Read more at ETFtrends.com.

 Syntax Advisors LLC president and chief operating officer Carly Arison told NYSE’s Judy Shaw for ETF Leaders, powered by the New York Stock Exchange, that the company’s “goal is to have diversified exposure to business risk” when investing in U.S. core equities. And the way Syntax provides that is through the Syntax Stratified LargeCap ETF (SSPY), the Syntax [...] Read more at ETFtrends.com.

In a new Sprott Insight from Paul Wong, CFA and market strategist, Wong looks at gold’s performance in June and how it fared in the single worst first half year in decades. Source: Bloomberg and Sprott Asset Management LP. Data as of June 30, 2022. Spot gold bled $30.08 in June, a 1.64% loss of [...] Read more at ETFtrends.com.

In trading on Monday, shares of the SPDR Bloomberg Emerging Markets Local Bond ETF (Symbol: EBND) entered into oversold territory, changing hands as low as $19.86 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis i

The technology sector has been hit particularly hard this year, with many of the growth drivers of the last five years falling in the pivot to value. Cloud computing has been heavily impacted by the macro-environment. While the macro does matter, many of the companies within the industry have operations that are generating increasing amounts [...] Read more at ETFtrends.com.

Artificial intelligence is an industry with limitless growth due to the potential it has to optimize all aspects of the current world.  OpenAI, a research and deployment company, engaged the world with its DALLE-2 model and its ability to create images based on text prompts.  The result of the model being prompted to create an [...] Read more at ETFtrends.com.

While emerging markets are currently facing heavy headwinds, there are many countries in emerging and developing markets that have great potential for long-term investors. Active private investor David Stevenson suggests in the Financial Times that a “rifle shot approach to picking out countries and markets with high potential but perhaps low valuations is…  a more [...] Read more at ETFtrends.com.

For the first half of 2022, stocks and bonds were seeing eye to eye amid inflation fears as sell-off pressures pushed both assets downward. With the second quarter well underway, bonds are starting to look like the more attractive option as recession fears mount, according to one market strategist per a Markets Insider article. With [...] Read more at ETFtrends.com.

The S&P 500 is expected to report year-over-year earnings growth of 4.3% for the second quarter as of Friday, according to John Butters, senior earnings analyst at FactSet. Based on the average improvement in earnings growth during each earnings season due to companies reporting positive surprises, it is likely the index will report earnings growth [...] Read more at ETFtrends.com.