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 itse
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 itse
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 itse
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 itse
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 itse
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 itse
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 itse
The month of April was all about coronavirus-led global lockdowns, massive Fed and government stimulus in the United States, unprecedented policy easing in various parts of the globe, the biggest OPEC+ output cut deal, enormous crash in the WTI crude due to storage crisis and Wa
The month of April was completely regulated by coronavirus on the global level. Enactment of lockdowns to curb contagions, injection of trillions of dollars into the countries’ financial system with the Fed and the U.S. government playing a key role, the biggest OPEC+ output c
In trading on Thursday, shares of the ROBO ETF (Symbol: ROBO) crossed below their 200 day moving average of $38.76, changing hands as low as $38.64 per share. ROBO shares are currently trading down about 2.2% on the day. The chart below shows the one year performance of ROBO
The latest report on April’s U.S. consumer confidence shows that the metric has seen a record decline, largely due to the coronavirus-led spike in unemployment and shut down of economic activities. The Conference Board's measure of consumer confidence index stands at 86.9 (the
The coronavirus pandemic continues to spread globally as the number of infected cases rise more than 3.2 million, with the death toll at least 227,000. Moreover, the United States has witnessed more than a million coronavirus cases so far. In such a grim scenario, the latest pos
Gold miners are likely coronavirus beneficiaries as the space added about 45% past month (as of Apr 28, 2020), breezing past the S&P 500 ETF’s IVV 12.74% gains. In comparison, gold bullion ETF GLD advanced about 6%.
Talks ofreopening of the economy and an improvement in virus cases have injected a new-found enthusiasm into Wall Street bulls. Recent datapoints showed that the outbreak is gradually coming under control, even in the hardest-hit states. Some upbeat earnings and positive Data fo
After a tumultuous ride last month, Wall Street has staged a solid rebound this month with the three major indices having recovered more than 30% from their mid-March lows. This is primarily thanks to aggressive stimulus efforts and hopes of resumption in economic activity as ma
The Invesco S&P 500— Equal Weight Energy ETF is seeing unusually high volume in afternoon trading Thursday, with over 1.2 million shares traded versus three month average volume of about 119,000. Shares of RYE were down about 1.3% on the day.
In trading on Thursday, the MLP ETF is outperforming other ETFs, up about 2.9% on the day. Components of that ETF showing particular strength include shares of Genesis Energy, up about 9.4% and shares of TC Pipelines, up about 5.6% on the day.
After the closing bell on Wednesday, Tesla Motors TSLA surprised Wall Street by reporting stellar first-quarter results amid the coronavirus crisis. It easily topped earnings and revenue estimates.Q1 Earnings in FocusAdjusted earnings per share came in at 8 cents, well above the
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the DBEF ETF (Symbol: DBEF) where we have detected an approximate $46.5 million dollar outflow -- that's a 1.2% decrease week over week (from 133,350,8