While a weakening dollar can strengthen commodities like gold, it can also be an indirect play on oil through assets like the Invesco DB Oil Fund (DBO). A weaker greenback means that other developed markets and emerging markets can purchase dollar-denominated assets like oil. In addition, tighter supply can keep oil prices elevated for some [...] Read more at ETFtrends.com.
Nvidia NVDA reported blockbuster first-quarter fiscal 2022 results after market close yesterday, wherein it outpaced the Zacks Consensus Estimate on earnings and revenues. In fact, the company posted record revenues and profits, buoyed by demand for videogaming and crypto
Investors are pulling out of crypto and putting their money into gold ETFs, writes gold commentator Frank Holmes for Forbes. The week before last, investors yanked their money from Bitcoin on the heels of China’s crackdown on cryptocurrency mining and Elon Musk tweeting that he would suspend Tesla purchases that use Bitcoin, over concerns about [...] Read more at ETFtrends.com.
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Blackstone Senior Loan ETF (Symbol: SRLN) where we have detected an approximate $133.6 million dollar inflow -- that's a 2.6% increase w
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares S&P 500 Growth ETF (Symbol: IVW) where we have detected an approximate $127.6 million dollar outflow -- that's a 0.4% decrease week over
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares Broad USD Investment Grade Corporate Bond ETF (Symbol: USIG) where we have detected an approximate $80.7 million dollar outflow -- that's a
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. Home Construction ETF (Symbol: ITB) where we have detected an approximate $111.3 million dollar outflow -- that's a 3.9% decrease week
After a huge rally, Wall Street was caught in a vicious circle of trading earlier this month. This is especially true, as rising commodity prices have sparked inflation fears making investors jittery.Additionally, bouts of latest data indicate that the strong economic rec
In recent trading, shares of CareDx Inc (Symbol: CDNA) have crossed above the average analyst 12-month target price of $81.00, changing hands for $82.49/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 Simon Property Group, Inc. (Symbol: SPG) have crossed above the average analyst 12-month target price of $124.85, changing hands for $126.70/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of Park Hotels & Resorts Inc (Symbol: PK) have crossed above the average analyst 12-month target price of $20.90, changing hands for $21.04/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
To become a "Dividend Aristocrat," a dividend paying company must accomplish an incredible feat: consistently increase shareholder dividends every year for at least 20 consecutive years. Companies with this kind of track record tend to attract a lot of investor attention —
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 itsel
In recent trading, shares of OUTFRONT Media Inc (Symbol: OUT) have crossed above the average analyst 12-month target price of $23.79, changing hands for $24.03/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 Logitech International SA (Symbol: LOGI) have crossed above the average analyst 12-month target price of $119.00, changing hands for $119.60/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
In recent trading, shares of Ashland Global Holdings Inc (Symbol: ASH) have crossed above the average analyst 12-month target price of $92.22, changing hands for $93.18/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
In recent trading, shares of Arthur J. Gallagher & Co. (Symbol: AJG) have crossed above the average analyst 12-month target price of $144.67, changing hands for $145.15/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: do
In recent trading, shares of Owens & Minor, Inc. (Symbol: OMI) have crossed above the average analyst 12-month target price of $36.20, changing hands for $44.12/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade
In recent trading, shares of Beyond Meat Inc (Symbol: BYND) have crossed above the average analyst 12-month target price of $120.73, changing hands for $126.74/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 Cathay General Bancorp (Symbol: CATY) have crossed above the average analyst 12-month target price of $40.40, changing hands for $40.97/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade