In recent trading, shares of New York Times Co. (Symbol: NYT) have crossed above the average analyst 12-month target price of $54.75, changing hands for $56.16/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 Brown-Forman Corp (Symbol: BF.B) have crossed above the average analyst 12-month target price of $72.00, changing hands for $73.19/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 Carmax Inc. (Symbol: KMX) have crossed above the average analyst 12-month target price of $122.90, changing hands for $127.79/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuati
This isn’t really another article about the weird trading activity in Gamestop (GME). Yes, it’s nutty what’s happening, and I have answered far more questions from reporters about Gamma, Delta, market maker hedging and day trading than I ever have in any one-week period of my life. But this is mostly an article about information [...] Read more at ETFtrends.com.
Banks see the merit of lending to socially responsible industries, offering cheaper loans that meet green investing targets. Trafigura Group Pte. Ltd. and Gunvor Group, two of the world’s largest commodity traders, have lines of credit from banks that provide cheaper rates to finance reduced-carbon production of everything from oil to aluminum, the Wall Street [...] Read more at ETFtrends.com.
For investors looking for momentum, Global X E-commerce ETF EBIZ is probably a suitable pick. The fund just hit a 52-week high and is up 175% from its 52-week low price of $12.94/share.
Soft commodity prices and agriculture-related exchange traded funds climbed Tuesday as favorable fundamentals helped fuel a rebound in the grains market. Among the better performing non-leveraged ETFs of Tuesday, the Teucrium Corn Fund (CORN) increased 3.0% and the Teucrium Soybean Fund (NYSEArca: SOYB) gained 2.0%. On the supply side, rains across Brazilian soybean-growing areas disrupted harvests [...] Read more at ETFtrends.com.
U.S. markets and stock exchange traded funds were losing their grip on gains toward the end of Tuesday’s session after major indices touched record highs with a number of blue chip earnings at bat. On Tuesday, the Invesco QQQ Trust (NASDAQ: QQQ) gained 0.2%, SPDR Dow Jones Industrial Average ETF (NYSEArca: DIA) was flat, and iShares [...] Read more at ETFtrends.com.
The release of encouraging data from the U.S. housing market highlights the sector’s strength amid soaring coronavirus cases. According to the U.S. Census Bureau and the U.S. Department of Housing and Urban Development, housing starts rose 5.8% to a seasonally-adjusted annual r
The coronavirus outbreak continues to be a major concern in the United States. The world’s largest economy has now sadly crossed another grim milestone of more than 25 million coronavirus cases, with the death toll surpassing 400,000. Raising worries, health experts are "extrem
On Tuesday, Amplify ETFs announced the launch of the Amplify BlackSwan ISWN ETF (NYSE Arca: ISWN), an index-based ETF that seeks to hedge against significant losses while still participating in the uncapped upside of international equities. ISWN invests in a combination of two low-correlated assets: U.S. Treasury securities and long-term options (LEAPS) on the MSCI EAFE. ISWN [...] Read more at ETFtrends.com.
Getting quality exposure to monthly dividends doesn’t have to come with a high expense ratio. The Global X S&P 500 Quality Dividend ETF (QDIV) offers ETF investors an annual dividend rate of about 3% with a low 0.20% expense ratio. The fund seeks to provide investment results that correspond generally to the price and yield performance, [...] Read more at ETFtrends.com.
The SPDR S&P Kensho Clean Power ETF (CNRG) is up almost 30% to start the year, and close to 200% within the past 12 months. A strong fund performance like that has to have strong holdings. One of its components, the SunPower Corporation, is up 700% within the past year. SunPower is just one of [...] Read more at ETFtrends.com.
Within the past five years, the S&P 500 Semiconductors index has gained 270%. The need for chips during the pandemic is even more apparent amid a heavier reliance on tech, which is helping to fan the flames for this hot sector and the Invesco Dynamic Semiconductors ETF (PSI). PSI tracks a benchmark that is designed [...] Read more at ETFtrends.com.
Getting exposure to companies outperforming environmental, social, and governance (ESG) benchmarks doesn’t have to come at an exorbitant price. At a 0.16% expense ratio, the Xtrackers MSCI ACWI ex USA ESG Leaders Equity ETF (ACSG) does just that. ACSG tracks an MSCI index of global stocks outside the U.S., selecting those securities that score the [...] Read more at ETFtrends.com.
Global struggles with the pandemic may be opening up opportunities for investors seeking international exposure to value-oriented countries. Indonesia is working hard to get the pandemic under control, and the VanEck Vectors Indonesia Index ETF (IDX) is worth a closer look. With a vaccine rollout underway, the hope is that most countries will return to some [...] Read more at ETFtrends.com.
Investors are piling back into emerging markets (EM) to start 2021 after a pandemic-ridden year saw outflows in EM assets. As investors return, trades can capitalize on the shift back to EM with triple the leverage using Direxion Daily MSCI Emerging Markets Bull 3X Shares (EDC). “Investors have piled billions of dollars into emerging market [...] Read more at ETFtrends.com.
Stocks and index ETFs were flat to lower on Tuesday as investors prepared for a busy release of corporate earnings. The Dow Jones Industrial Average lost 0.03%, while the S&P 500 and the Nasdaq Composite traded near the flatline. The S&P 500 and the Nasdaq reached fresh highs on Monday. Major stock ETFs are flat to [...] Read more at ETFtrends.com.
Owing to its relative youth, the renewable energy industry often hits an array of milestones, which is proving rewarding for exchange traded funds such as the ALPS Clean Energy ETF (ACES). ACES follows the CIBC Atlas Clean Energy Index. That benchmark is comprised of U.S.- and Canada-based companies that primarily operate in the clean energy sector. Constituents are companies focused on [...] Read more at ETFtrends.com.
Absolutes “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” Benjamin Graham (father of value investing) This is not a time for relatives. Don’t worry, Mom, we aren’t referring to family. We mean that justifying an investment based on its attractiveness relative to the [...] Read more at ETFtrends.com.