In recent trading, shares of Marathon Oil Corp. (Symbol: MRO) have crossed above the average analyst 12-month target price of $31.00, changing hands for $31.07/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
In recent trading, shares of Lilly (Eli) & Co (Symbol: LLY) have crossed above the average analyst 12-month target price of $319.31, changing hands for $323.48/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 $133.00, changing hands for $133.43/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
By VanEck As governments globally commit to carbon-reduction policies, investments in renewable energy and clean technologies are creating a far-ranging opportunity set for long-term investors. On a recent webinar, senior investment professionals from across our global resources and environmental sustainability teams shared their views on key themes on navigating short-term developments and the implications for [...] Read more at ETFtrends.com.
By Scott Welch, CIMA ® Chief Investment Officer – Model Portfolio 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 David Schassler Head of Quantitative Investment Solutions Historically, in periods of high inflation, real assets prosper and traditional assets suffer. RAAX demonstrates the strength of real assets as it continues to outperform traditional assets. The tradition of monthly inflation report critiques (the subject has dominated headlines since inflation became elevated in early 2021), is now [...] Read more at ETFtrends.com.
Are meme stocks poised to rebound? Carvana rejoined and Lyft entered the BUZZ Index in April. Global equities tumbled as interest rates soared behind continued elevated readings of inflation and hawkish central bank rhetoric. Yields on the U.S. two-year and the U.S. ten-year note both spiked higher. Many market participants viewed the U.S. Federal Reserve [...] Read more at ETFtrends.com.
Inflation continues to hover above an annual rate of 8%, with prices for gasoline, natural gas, food and used vehicles rising the most. The last time inflation was this high, Ronald Reagan was only a year into his first term, and the headline interest rate was around 13%, compared to 1% today. Forty years ago, [...] Read more at ETFtrends.com.
By Natalia Gurushina Chief Economist, Emerging Markets Fixed Income Some countries buck negative trends in global economic surprises, but China is not one of them. The “feel good” factor stemming from the improving growth outlooks can affect policies in parts of LATAM. Global Economic Surprises Economic surprises are moving south again – both in emerging markets (EM) [...] Read more at ETFtrends.com.
Aerospace and defense sector-related exchange traded funds have avoided the brunt of the sell-off in U.S. equities this year. Year-to-date, the iShares U.S. Aerospace & Defense ETF (BATS: ITA) dipped 1.3% and Invesco Aerospace & Defense ETF (PPA) dropped 1.3%. In comparison, the S&P 500 was down 13.3% so far this year. Lockheed Martin Corp., [...] Read more at ETFtrends.com.
Gasoline prices and a gas-related exchange traded fund continue to climb as the Memorial Day weekend kicks off the peak summer driving season. The United States Gasoline Fund (NYSEArca: UGA) rose 2.1% on Friday and increased 72.2% year-to-date. The average price for a gallon of regular unleaded gas in the U.S. hit $4.60 on Thursday, [...] Read more at ETFtrends.com.
Inverse or short Treasury bond exchange traded funds have been a great way for investors to hedge rising interest rate risks and capitalize on the pullback in government bonds this year. For example, bond investors could take on a position to hedge against a decline in bond prices or rise in yields through simple inverse [...] 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.
Bitcoin futures-related exchange traded funds are turning heads, and even the recent plunge in cryptocurrency prices attracted even more bearish options traders to the bitcoin ETFs to capitalize on the short trade. The ProShares Bitcoin ETF (BITO) declined 36.9% year-to-date, following the fall off in the cryptocurrency markets. Nevertheless, BITO continues to attract opportunistic traders as [...] Read more at ETFtrends.com.
A reeling crypto market thus far in 2022 isn’t sapping JPMorgan’s confidence in bitcoin. The global investment firm sees more upside for bitcoin despite its recent correlative moves with stocks and bonds thus far. In fact, the firm only sees more upside from here — a 28% rise in bitcoin is its forecast, according to [...] Read more at ETFtrends.com.
In trading on Friday, shares of the Vanguard Mid-Cap Value ETF (Symbol: VOE) crossed above their 200 day moving average of $145.89, changing hands as high as $146.34 per share. Vanguard Mid-Cap Value shares are currently trading up about 1.8% on the day. The chart below shows
Investors looking for concentrated exposure to the materials sector of the S&P 500 may consider this ETF. While the S&P 500 is down nearly 13% as of the end of April, the S&P 500 Equal Weight Materials Index has been able to mitigate losses, returning 0.12% during the same period, according to data from Invesco’s [...] Read more at ETFtrends.com.
Hedge funds that rely on mathematical models and use computing power to invest in trend-following strategies are experiencing a revival after a decade of weak performance. The current environment of rising rates, inflation, and an aggressive Fed have created prolonged volatility, something that managed futures (this style of fund) thrive in. By following mathematically derived [...] Read more at ETFtrends.com.
The Federal Reserve minutes were released earlier this week, and they indicated that the central bank is ready to deliberately slow the economy through interest rate increases in order to tame inflation, reported the Wall Street Journal. While the Commerce Department reported that personal consumption expenditures (PCE) increased by 6.3% year-over-year for the month of [...] Read more at ETFtrends.com.
By Thomas A. Martin, CFA, Senior Portfolio Manager – GLOBALT Investments, The eponymous Emergency is inflation. The patient is the U.S. (and for that matter, the whole world) economy, the inducers (doctor? mother?) are the central banks, the Syrup of Ipecac being forced down the throats of the hapless patient is the raising of those [...] Read more at ETFtrends.com.