In recent trading, shares of Fluor Corp. (Symbol: FLR) have crossed above the average analyst 12-month target price of $18.50, changing hands for $18.69/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation
Investors can turn to a targeted exchange traded fund strategy to capitalize on innovation in space exploration. In the recent webcast, Ready for Takeoff: Investing in Space Exploration and Innovation, Sam Korus, Analyst, ARK, explained how ARK has broken down the space ecosystem into four segments, including orbital aerospace, enabling technologies, suborbital aerospace, and aerospace [...] Read more at ETFtrends.com.
When Bitcoin prices are soaring, miners of the cryptocurrency are printing green. The digital asset’s green footprint is another story. A recent tweet by Tesla’s Elon Musk is likely playing a part in Bitcoin’s recent price slump. Earlier this month, Musk tweeted that Tesla won’t accept Bitcoin as payment due to environmental concerns surrounding mining [...] Read more at ETFtrends.com.
By Doug Sandler, CFA, RiverFront Investment Group SUMMARY Significant supply shortages are beginning to appear. Some of these shortages can be addressed quickly and some will take time. We are equity ‘bulls’ but will not be surprised if markets are choppy over the summer. It Could be a Choppy Summer for Markets As the economy [...] Read more at ETFtrends.com.
Do cryptocurrencies belong in advisor-managed portfolios? And if so, how exactly? As with any new investment, investors must weigh the risks against the rewards, and consider the long-term viability of the asset itself. In the upcoming webcast, Navigating the Bitcoin Boom….or Bust, Paul Kim, CEO and Co-Founder, Simplify Asset Management; and Michael Green, Chief Strategist, [...] Read more at ETFtrends.com.
On Tuesday, Tuttle Capital Management announced the launch of two new actively managed ETFs going after different parts of the societal spectrum. The FOMO ETF (FOMO) looks to invest in securities favored by thematic ETFs, while the Fat Tail Risk ETF (FATT) protects investors from major market downturns. FOMO will trade on the CBOE, FATT on the NYSE. The Fear of [...] Read more at ETFtrends.com.
Fixed income investors are looking into municipal bonds and their related exchange traded funds this year. Investment interest for the munis market has increased this year as rising taxes, the search for more attractive yields, and bets that states and municipalities would benefit from the new stimulus measures have all contributed to rising demand, MarketWatch [...] Read more at ETFtrends.com.
Traditional fossil fuel companies and their renewable energy counterparts are often pitted against each other. The former is seen as a prime contributor to pollution and and viewed as a lumbering, old industry with its best days behind it. On the other hand, renewables providers are often nimble growth companies. Yet many older producers, including [...] Read more at ETFtrends.com.
In trading on Tuesday, shares of the iShares MSCI China ETF (Symbol: MCHI) crossed above their 200 day moving average of $81.15, changing hands as high as $81.71 per share. iShares MSCI China shares are currently trading up about 2.1% on the day. The chart below shows the one
In trading on Tuesday, shares of the Vanguard Short-Term Corporate Bond ETF (Symbol: VCSH) crossed above their 200 day moving average of $82.86, changing hands as high as $82.88 per share. Vanguard Short-Term Corporate Bond shares are currently trading up about 0.1% on the day
Wall Street cheered the welcoming news of declining new coronavirus cases as economic reopening trades kept the optimism levels high. Accordingly, the Dow Jones Industrial Average increased 0.6% on May 24. The S&P 500 rose 1% on the back of strength in the tech and co
It’s not often in ETF Land that we see a completely new take on an old theme, but that’s exactly what occurred last week with the launch of the Proshares Nasdaq-100 Dorsey Wright Momentum ETF (QQQA). QQQA is the first factor-based ETF based on the Nasdaq 100 Index, the benchmark that underpins the uber-popular Invesco [...] Read more at ETFtrends.com.
The recent volatility in equities may have affected certain thematic sectors, but the Global X Robotics & Artificial Intelligence Thematic ETF (BOTZ) and Global X Autonomous & Electric Vehicles ETF (DRIV) have both seen strong year-to-date inflows of $108 million and $614 million, respectively. Inflation fears have been helping to fuel sell-offs in the market as of late. [...] Read more at ETFtrends.com.
While the dividend profile of small cap equities is evolving, the continued reality is that many investors don’t associate smaller stocks with dividends. That stands to reason, as the widely followed Russell 2000 Index yields just 0.92% as of May 24. However, there are avenues for investors looking to tap into the dividend and size [...] Read more at ETFtrends.com.
By Michael Cronan, President ETFinsight.net An ETF for the Cautious Investor might sound like a funny concept since many finance people think of ETFs as a cautious Investor tool. Just taking passive (beta) exposure across a broad, diverse group of stocks like the S&P 500 or MSCI World Index may provide some diversification and, over [...] Read more at ETFtrends.com.
Entrepreneurial companies create enormous job growth when compared to traditional companies, as outlined in new research from ERShares. When comparing the new job growth created by stocks in the S&P 500 Index versus the new job growth of the companies in the Entrepreneurial 30 Index (a proprietary index that tracks 30 publicly traded, well-established entrepreneurial companies), [...] Read more at ETFtrends.com.
By Solomon G. Teller, CFA, Chief Investment Strategist, Green Harvest Asset Management Mutual funds collectively made $367 billion of taxable capital gains distributions in 2020, totaling just over $3 trillion of distributions in the last 10 years.1 The vast majority of these distributions were reinvested back into the mutual funds. In other words, even though mutual fund [...] Read more at ETFtrends.com.
Covid cases in the United States have fallen to their lowest levels since June as the United States prepares for the Memorial Day weekend, making the case for reopening trade stronger. This is especially true against the backdrop of a fast-recovering economy supported by
While it’s widely expected that the Consumer Price Index (CPI) is in store for near-term upside, those increases may well be transitory. Some market observers are even saying inflationary pressures could ebb as soon as later this year. However, that’s a prediction – not hard fact. It’s possible that higher prices will prove sticky. Even [...] Read more at ETFtrends.com.
Floating rate notes (FRNs) and related debt gain allure as interest rates rise, confirming a 2021 catalyst for assets like the Invesco Senior Loan ETF (NYSEArca: BKLN). While broad demand for high-yield corporate bond mutual funds has been tepid this year, investors are piling into leveraged loan equivalents. On the ETF side of the ledger, [...] Read more at ETFtrends.com.