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
For investors looking for momentum, iShares 1-3 Year Treasury Bond ETF SHY is probably a suitable pick. The fund just hit a 52-week high — up roughly 3% from its 52-week low of $83.52/share.
Amid the coronavirus scare, The Goldman Sachs Group, Inc. GS is projecting a decline in oil demand globally this year. The global investment bank expects global oil demand to slide 150,000 barrels a day. Growing travel ban and majorly disturbed supply chains largely due to the
The impact of the coronavirus scare can be seen in the manufacturing sector that makes around 11% of the U.S. economy. In fact, the latest report on U.S. manufacturing, released by the Institute for Supply Management (ISM), failed to cheer investors. The ISM’s national facto
In trading on Thursday, shares of the iShares MSCI Japan ETF (Symbol: EWJ) entered into oversold territory, changing hands as low as $52.92 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measu
Most sound sectors have succumbed to the coronavirus-induced bloodbath in recent times, Technology being no exception. Technology Select Sector SPDR Fund XLK has lost 6.9% in the past month (as of Mar 3, 2020), lower than the 7.4% slump of the S&P 500-based ETF SPY and 8.4
When it comes to investment factors, value is often viewed through a longer-term lens while momentum places greater emphasis on stocks' recent performances.
The coronavirus scare has done what no global economic shock could do to the benchmark U.S. treasury yield. The 10-year Treasury bond yield dropped below 1% for the first time in history on Mar 3 and closed at 1.02% due to the heightened demand for safe-haven U.S. treasuries.
In trading on Thursday, the iShares MSCI China ETF is outperforming other ETFs, up about 0.8% on the day. Components of that ETF showing particular strength include shares of Vipshop Holdings, up about 15.5% and shares of BEST, up about 4.2% on the day.
Worries that the coronavirus outbreak will turn into a pandemic led to free fall in the bond yields over the past several weeks. Further, the recent Fed emergency interest rate cut has pushed the yields to record low. Notably, the yields on the 10-year U.S. Treasury note dropped
In trading on Thursday, shares of the BBJP ETF (Symbol: BBJP) entered into oversold territory, changing hands as low as $21.91 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
In trading on Thursday, shares of the BBAX ETF (Symbol: BBAX) entered into oversold territory, changing hands as low as $23.55 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum o
In trading on Thursday, shares of the iShares MSCI Pacific ex Japan ETF (Symbol: EPP) entered into oversold territory, changing hands as low as $42.18 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator us
Looking at units outstanding versus one week prior within the universe of ETFs covered at ETF Channel, the biggest outflow was seen in the SPDR S&P 500 ETF Trust, where 82,900,000 units were destroyed, or a 8.7% decrease week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the ProShares ProShares Ultra QQQ (Symbol: QLD) where we have detected an approximate $100.7 million dollar outflow -- that's a 4.4% decrease week over
Comparing units outstanding versus one week ago at the coverage universe of ETFs at ETF Channel, the biggest inflow was seen in the Daily Energy Bull 3X Shares, which added 7,050,000 units, or a 29.0% increase week over week.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Bloomberg Barclays Short Term High Yield Bond ETF (Symbol: SJNK) where we have detected an approximate $343.9 million dollar outflow -- tha
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHB ETF (Symbol: SCHB) where we have detected an approximate $89.5 million dollar outflow -- that's a 0.6% decrease week over week (from 210,600,0