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
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
By Matt Wagner, CFA Associate, Research With the S&P 500 flirting with bear market territory, headlines are proclaiming a recession is priced in. But at what probability? High-yield credit spreads—commonly viewed as a leading indicator of economic slowdowns—have spiked higher by 112 basis points since the start of the year. ICE BofA US High Yield Index Option-Adjusted Spread If we look to valuations on the [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income China announced another supply-side stimulus package, as the consensus continues to cut the 2022 growth forecast. China Growth Slowdown, Policy Response China’s policy stimulus is a newswire fixture these days – and the chart below shows why. China’s 2022 GDP forecast keeps moving farther and farther away from the [...] Read more at ETFtrends.com.
By Christopher Gannatti, CFA Global Head of Research The drawdown in many stocks focused on cloud computing software has been, in a word, unbelievable. In basically one month’s time, from April 11 through May 11, the BVP Nasdaq Emerging Cloud Index (EMCLOUD)—a group of cloud-oriented companies—has lost roughly 30% of its value. In figure 1, we see: The drawdown of [...] Read more at ETFtrends.com.
History and finance go hand in hand. Many of the problems we face today have been faced before. Our CEO Jan van Eck recently joined the Meb Faber Show to help provide historical context for current market themes. For example, the last time investors faced rising inflation with surging commodity prices was the 1970s. Jan [...] Read more at ETFtrends.com.
Summer is upon us, and traditionally that’s when families pack their bags and get away for a well-deserved vacation. Since this is the first summer travel season in three years that feels like the before times, airlines and airports are bracing for what is expected to be a particularly busy three months. At least a [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income China’s latest activity indicators were stronger than expected, but most are still in contraction zone, requiring additional policy support. Signs Of Growth Rebound In China It’s been a while since we had an upside activity surprise in China – but the latest batch of the official Purchasing Managers Indices1 (PMI) signaled [...] 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.
The awful conflict in the Ukraine drags on, inflation remains at historically high levels, the Fed reiterates its intention to bring inflation under control (even if it means weakening the economy), bellwether retailer Target sees its share price have its worst day since Black Monday in 1987, and the S&P 500 and Dow Jones Industrial [...] Read more at ETFtrends.com.
The exchange traded fund industry is getting an injection of new, or old, blood as some of the world’s biggest money managers see opportunity in the quickly expanding ETF universe. For instance, investment houses Neuberger Berman, Morgan Stanley, SEI, and Matthews Asia, which together represent $3 trillion in assets under management, have jumped onto the [...] Read more at ETFtrends.com.
We are witnessing a major transition in the energy sector today, as the world pivots from fossil fuels to clean energy. But this isn’t just about adding solar stocks. Holistic investments should consider the next-gen, “smart” tech transforming worldwide production and consumption of energy. In the upcoming webcast, More Than Just Renewables: Hidden ETF Opportunities [...] Read more at ETFtrends.com.
Some are warning of a greater risk to Europe’s economy. Investors who are similarly concerned can turn to a bearish or short exchange traded fund strategy to hedge further risks in the European markets. Citigroup Inc Chief Executive Jane Fraser was the latest to warn that Europe was more likely than the United States to [...] Read more at ETFtrends.com.
Biotechnology sector-related exchange traded funds were in a bright spot on Friday after Bristol Myers Squibb Co. (NYSE: BMY) said it will acquire drug developers Turning Point Therapeutics (NasdaqGS: TPTX). Among the best performing non-leveraged ETFs of Friday, the SPDR S&P Biotech ETF (NYSEArca: XBI) increased 3.1% and the Virtus LifeSci Biotech Clinical Trials ETF [...] Read more at ETFtrends.com.
Tesla Inc. (NasdaqGS: TSLA) plunged Friday, dragging down consumer discretionary sector-related exchange traded funds, after Elon Musk revealed plans to cut about 10% of salaried jobs. On Friday, the Consumer Discretionary Select Sector SPDR (NYSEArca: XLY) fell 2.9%, the Vanguard Consumer Discretionary (NYSEArca: VCR) dropped 2.5%, and the Fidelity MSCI Consumer Discretionary Index (NYSEArca: FDIS) was down [...] Read more at ETFtrends.com.
Anyone following the energy infrastructure space for a while has probably heard about the long-term contracts set up by midstream companies, making it highly relevant to unpack how and why this matters. Midstream contracts are a primary reason why the sector is less sensitive to inflation and rising interest rates than other income sectors. Midstream [...] Read more at ETFtrends.com.