In recent trading, shares of RLI Corp (Symbol: RLI) have crossed above the average analyst 12-month target price of $100.33, changing hands for $100.80/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 Lennar Corp (Symbol: LEN) have crossed above the average analyst 12-month target price of $87.87, changing hands for $90.96/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 Morgan Stanley (Symbol: MS) have crossed above the average analyst 12-month target price of $72.58, changing hands for $73.22/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
In recent trading, shares of Parker Hannifin Corp (Symbol: PH) have crossed above the average analyst 12-month target price of $277.67, changing hands for $279.47/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
By Robert Ross In January, a group of traders bid up GameStop (GME) shares from under $20 all the way up to $483. Six-hundred percent of that massive surge happened just last week. While brokers scrambled to impose trading limits on GME, these traders moved on to bid up AMC Entertainment (AMC), along with silver and biotech stocks. This led [...] Read more at ETFtrends.com.
By Brandon Rakszawski, Senior ETF Product Manager, VanEck The Morningstar® Wide Moat Focus IndexSM (the “Index”) finished an up-and-down January slightly negative for the month but ahead of S&P 500® Index by more than 40 basis points (-0.58% vs. -1.01%, respectively). The tech, health care and energy sectors all contributed positively to Index returns, offsetting much of the negative [...] Read more at ETFtrends.com.
There’s no doubt 2020 was a rough 12 months for airline stocks. The NYSE Arca Global Airlines Index lost more than 31% over the course of the year as several major carriers reported record losses. From a value investor’s perspective, this means the industry is on sale at a deep discount. Commercial aviation still has [...] Read more at ETFtrends.com.
By Jeremy Schwartz, CFA, Global Head of Research; Kevin Flanagan, Head of Fixed Income Strategy Given the unfortunate second wave of the COVID-19 pandemic, it’s easy to focus solely on what the negative impact could mean for the U.S. economy. However, somewhat lost in the shuffle of data headlines is one sector of the U.S. economy [...] Read more at ETFtrends.com.
Those of you with kids and grandkids may at some point have stepped inside a GameStop. If so, you might be familiar with the video game retailer’s tagline: “Power to the players.” The same slogan could just as easily be the rallying cry for the millions of millennial and Gen Z Reddit-users who took to [...] Read more at ETFtrends.com.
By Matthew J Bartolini, CFA, Head of SPDR Americas Research; Colin J Ireland, CFA, Sales Execution and Institutional Strategy Investors seeking to quickly reposition portfolios in 2020’s historically volatile market were limited by their ability to source liquidity. To meet their liquidity needs, investors of all types gravitated toward the centralized exchange trading and transparency of [...] Read more at ETFtrends.com.
By Rolando Morris and Charl Malan, VanEck Commodities appear set for an extended run, after 10 years of underperformance, according to Barron’s. In a recent article, Portfolio Manager and Commodities Strategist Roland Morris, Senior Analyst Charl Malan and Portfolio Manager Joe Foster offered their insights on the recovery in commodities prices and the supportive trends that may lead [...] Read more at ETFtrends.com.
It used to take years, thousands of employees, and hundreds of millions of dollars to create a big, successful brand. McDonald’s (MCD) is one of the all-time great American businesses. Its first restaurant opened its doors in California in 1955. By 1960, it had 228 locations dotted across America. What if I told you a “YouTuber” [...] Read more at ETFtrends.com.
By Jeremy Schwartz, CFA, Global Head of Research, WisdomTree Last week’s Behind the Markets podcast featured Liran Grinberg, co-founder of venture capital firm Team8, which has a deep focus on cybersecurity-related issues and who collaborated with WisdomTree to create the WisdomTree Team8 Cybersecurity Index. We discussed the unique background of many Team8 members, and how the [...] Read more at ETFtrends.com.
By Ann Bair, Senior Vice President, Nationwide Financial Marketing As someone who has spent the better part of her professional career in financial services, I can attest to how important it is for women to close the financial preparation gap. Unfortunately, the ripple effects of the COVID-19 pandemic made that task more difficult last year. Today, [...] Read more at ETFtrends.com.
To learn more about Main Management and how some of our strategies could help you with your investment needs, please contact Darol Ryan, our Head of Sales and National Accounts, at ryan@mainmgt.com. Also, check out Main Management CEO Kim Arthur on Twitter and Main Management on LinkedIn. Read more at ETFtrends.com.
The global economy has lurched towards an even greater reliance on technology and an explosion in online innovation. At the same time, the so-called ‘trade war’ with China has put China and many emerging market economies into overdrive as they grow from export- and natural resource-driven economies to those based on consumption. In the upcoming [...] Read more at ETFtrends.com.
In trading on Friday, shares of the SPDR— Portfolio Long Term Treasury ETF (Symbol: SPTL) entered into oversold territory, changing hands as low as $42.45 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis ind
In trading on Friday, shares of the iShares 20+ Year Treasury Bond ETF (Symbol: TLT) entered into oversold territory, changing hands as low as $148.15 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator use
In trading on Friday, shares of the Vanguard Long-Term Treasury ETF (Symbol: VGLT) entered into oversold territory, changing hands as low as $90.18 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used t
In trading on Friday, shares of the iShares 10-20 Year Treasury Bond ETF (Symbol: TLH) entered into oversold territory, changing hands as low as $151.51 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator u