In recent trading, shares of ICL Group Ltd (Symbol: ICL) have crossed above the average analyst 12-month target price of $9.10, changing hands for $9.36/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
In recent trading, shares of CF Industries Holdings Inc (Symbol: CF) have crossed above the average analyst 12-month target price of $71.68, changing hands for $74.46/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
In recent trading, shares of Continental Resources Inc. (Symbol: CLR) have crossed above the average analyst 12-month target price of $54.70, changing hands for $54.94/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
In recent trading, shares of ConocoPhillips (Symbol: COP) have crossed above the average analyst 12-month target price of $90.69, changing hands for $91.54/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuat
In recent trading, shares of Kroger Co (Symbol: KR) have crossed above the average analyst 12-month target price of $43.94, changing hands for $44.13/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,
By Chris Konstantinos, CFA, Director of Investments, Chief Investment Strategist SUMMARY We anticipated greater volatility in 2022 and are now seeing it. In our view, this volatility is linked to expectations that interest rates will rise faster than previously expected. While our risk discipline has caused us to make portfolio adjustments, we remain constructive on [...] Read more at ETFtrends.com.
2021 was one for the books, and 2022 is presenting an even more challenging environment for investors. In a low-but-rising rate environment, bond investors in particular will have to reassess their asset mix to manage risks and still generate enough yield to meet client demands. But all may not be lost. In the upcoming webcast, [...] Read more at ETFtrends.com.
Fed tightening is on the very near horizon, with interest rate increases set to begin in March. How big those hikes will be and how many there will be this year both remain unknown, but several factors point to some potentially stable fundamentals underpinning the economy as markets brace for a rising rate environment. The [...] Read more at ETFtrends.com.
Exchange traded funds that track the value style are back in vogue, at least for now. Over the past three months, the iShares S&P 500 Value ETF (NYSEArca: IVE) rose 1.8%, compared to the 4.9% pullback for the iShares S&P 500 Growth ETF (NYSEArca: IVW) and the 1.7% fall-off in the broader iShares Core S&P 500 [...] Read more at ETFtrends.com.
Investing in midstream has many benefits that continue to attract financial advisors, especially during periods of market turbulence. 47.9% of financial advisors surveyed said they plan to increase their allocation to midstream, in addition to the 18.3% of respondents who said they do not currently allocate to midstream but are considering doing so, according to [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the BAR ETF (Symbol: BAR) crossed above their 200 day moving average of $17.92, changing hands as high as $17.94 per share. BAR shares are currently trading up about 0.1% on the day. The chart below shows the one year performance of BAR shares
In trading on Tuesday, shares of the Vanguard Short-Term Bond ETF (Symbol: BSV) entered into oversold territory, changing hands as low as $79.8701 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to
In trading on Tuesday, shares of the TILT ETF (Symbol: TILT) crossed above their 200 day moving average of $173.54, changing hands as high as $173.65 per share. TILT shares are currently trading up about 0.6% on the day. The chart below shows the one year performance of TILT
In trading on Tuesday, shares of the iShares MSCI Kokusai ETF (Symbol: TOK) crossed above their 200 day moving average of $97.14, changing hands as high as $97.44 per share. iShares MSCI Kokusai shares are currently trading up about 0.9% on the day. The chart below shows the
In trading on Tuesday, shares of the iShares MSCI EAFE Value ETF (Symbol: EFV) crossed above their 200 day moving average of $51.91, changing hands as high as $51.94 per share. iShares MSCI EAFE Value shares are currently trading up about 1% on the day. The chart below shows
Alpha Architect is switching its ETFs over to active management. Effective Monday, the Alpha Architect International Quantitative Momentum ETF (IMOM), the Alpha Architect International Quantitative Value ETF (IVAL), the Alpha Architect U.S. Quantitative Momentum ETF (QMOM), the Alpha Architect U.S. Quantitative Value ETF (QVAL), and the Alpha Architect Value Momentum Trend ETF (VMOT) have changed from being passively managed (tracking [...] Read more at ETFtrends.com.
Energy-related exchange traded funds continued to push higher as Exxon Mobil Corp (XOM) and Chevron Corp (CVX) revealed that elevated crude oil prices are helping energy companies enjoy big gains. Among the best-performing non-leveraged ETFs of Tuesday, the SPDR Oil & Gas Equipment & Services ETF (NYSEArca: XES) advanced 4.6%, the SPDR S&P Oil & Gas [...] Read more at ETFtrends.com.
Transportation sector-related exchange traded funds jumped after UPS posted record quarterly earnings on Tuesday and projected an optimistic 2022 outlook. The iShares Transportation Average ETF (IYT) increased 3.0% on Tuesday, breaking above its long-term resistance at the 200-day simple moving average and testing its short-term resistance at the 50-day simple moving average. Meanwhile, the broader [...] Read more at ETFtrends.com.
Cryptocurrencies took another step toward widespread legitimacy as lawmakers in a pair of states, Wyoming and Arizona, put forward proposals to accept digital currency tax payments. The Arizona proposal would have the state recognize bitcoin as legal tender. Wyoming’s proposal, meanwhile, applies only to sales and use tax but is not limited to a specific [...] Read more at ETFtrends.com.
Shares of UPS are up nearly 15%, as of mid-day Tuesday, after the company posted fourth-quarter revenue and earnings ahead of analysts’ expectations. The shipping and receiving and supply chain management company raised its quarterly dividend by 49%, or $0.50 per share, reflecting the largest increase since the company’s public-markets debut in 1999, the Wall [...] Read more at ETFtrends.com.