Analyst ratings can sometimes be complicated, and we here at ETF Channel have noticed a bit of a paradox with CenturyLink Inc (Symbol: CTL). The average 12-month price target for CTL — averaging the work of 11 analysts — reveals an average price target of $11.71/share. Th
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
In trading on Monday, shares of the Invesco BulletShares 2020 Corporate Bond ETF (Symbol: BSCK) crossed above their 200 day moving average of $21.25, changing hands as high as $21.28 per share. Invesco BulletShares 2020 Corporate Bond shares are currently trading up about 0.1
In trading on Monday, shares of the Junior Gold Miners ETF (Symbol: GDXJ) crossed above their 200 day moving average of $38.03, changing hands as high as $39.05 per share. Junior Gold Miners shares are currently trading up about 7.3% on the day. The chart below shows the one
The coronavirus outbreak continues to wreak havoc, with 1.5 million confirmed cases and above 88,000 casualties globally, per a Johns Hopkins University data. The United States remains on top of the chart with the highest number of infected cases. It recorded in excess of 432,00
The Walt Disney Company DIS is witnessing overwhelming response for its Disney+ streaming service. Disney Plus, which comprises films and TV shows from Disney, Pixar, Star Wars and National Geographic, now has more than 50 million subscribers since its launch five months ago. No
On Apr 9, OPEC and allies agreed to a tentative deal to cut oil production by 10 million barrels per day (which equals to a tenth of the global production per day) in May and June, the deepest cut ever agreed by global oil producers.
Last week was all about Wall Street rally on signs of slowdown in coronavirus cases in some of the global hotspots like Italy and New York as well as another round of Fed stimulus. The S&P 500, the Dow Jones and the Nasdaq Composite jumped 12.1%, 12.7% and 10.6%, respectivel
The U.S. junk bonds soared the most on Apr 9 since 1998 following the Fed’s first-ever foray into the junk-rated corporate bond market. This is especially true as the central bank will purchase non-investment grade corporate bonds and high-yield exchange-traded funds. The move
The iShares MSCI USA Equal Weighted ETF is seeing unusually high volume in afternoon trading Monday, with over 2.2 million shares traded versus three month average volume of about 56,000. Shares of EUSA were down about 2.2% on the day.
In trading on Monday, the MLP ETF is outperforming other ETFs, up about 4% on the day. Components of that ETF showing particular strength include shares of Plains All American Pipeline, up about 12% and shares of Western Midstream Partners, up about 6.8% on the day.
In the last trading session, U.S. stocks gained following the Fed’s massive $2.3-trillion program to bolster local governments and businesses impacted by the coronavirus pandemic. Among the top ETFs, SPY gained 1.5%, DIA rose 1.2% and QQQ moved 0.1% higher on the day.Two more
Wall Street recorded the biggest weekly gain last week since 1974, with the three major indices recovering about half of their losses that were racked up in late March on heightening coronavirus fears. Notably, the S&P 500 and Dow Jones jumped more than 12% last week, while
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares U.S. Medical Devices ETF (Symbol: IHI) where we have detected an approximate $135.2 million dollar inflow -- that's a 3.0% increase week ov