Nasdaq ETFs
Ross Stores Reaches Analyst Target Price
In recent trading, shares of Ross Stores Inc (Symbol: ROST) have crossed above the average analyst 12-month target price of $133.40, changing hands for $134.41/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
SKX Crosses Above Average Analyst Target
In recent trading, shares of Skechers USA Inc (Symbol: SKX) have crossed above the average analyst 12-month target price of $60.75, changing hands for $60.84/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
Sirius XM Holdings Reaches Analyst Target Price
In recent trading, shares of Sirius XM Holdings Inc (Symbol: SIRI) have crossed above the average analyst 12-month target price of $4.86, changing hands for $4.96/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on
UBER Crosses Above Average Analyst Target
In recent trading, shares of Uber Technologies Inc (Symbol: UBER) have crossed above the average analyst 12-month target price of $61.94, changing hands for $62.79/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
MakeMyTrip Reaches Analyst Target Price
In recent trading, shares of MakeMyTrip Ltd. (Symbol: MMYT) have crossed above the average analyst 12-month target price of $45.12, changing hands for $45.13/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
SKWD Crosses Above Average Analyst Target
In recent trading, shares of Skyward Specialty Insurance Group Inc (Symbol: SKWD) have crossed above the average analyst 12-month target price of $33.28, changing hands for $33.40/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to re
MAR Crosses Above Average Analyst Target
In recent trading, shares of Marriott International, Inc. (Symbol: MAR) have crossed above the average analyst 12-month target price of $212.47, changing hands for $216.52/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: dow
Advanced Micro Devices Reaches Analyst Target Price
In recent trading, shares of Advanced Micro Devices Inc (Symbol: AMD) have crossed above the average analyst 12-month target price of $132.93, changing hands for $132.97/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downg
Blueprint Medicines Reaches Analyst Target Price
In recent trading, shares of Blueprint Medicines Corp (Symbol: BPMC) have crossed above the average analyst 12-month target price of $76.65, changing hands for $79.59/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrad
Kohl's Reaches Analyst Target Price
In recent trading, shares of Kohl's Corp. (Symbol: KSS) have crossed above the average analyst 12-month target price of $25.00, changing hands for $25.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuatio
PRU Crosses Above Average Analyst Target
In recent trading, shares of Prudential Financial Inc (Symbol: PRU) have crossed above the average analyst 12-month target price of $101.38, changing hands for $102.39/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgra
Hormel Foods Reaches Analyst Target Price
In recent trading, shares of Hormel Foods Corp. (Symbol: HRL) have crossed above the average analyst 12-month target price of $31.67, changing hands for $31.72/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on va
This Week in ETFs: New Issuer Debuts Thematic Funds
The week ending December 8, 2023 was fairly busy for the ETF industry, with 15 new ETFs added. Perhaps the biggest ETF rollout for the period was the actively managed “Core-Plus” bond launched by Vanguard. Vanguard is the second largest ETF issuer in the U.S. and can let years pass between fund launches. That said, [...]
Read more at ETFTrends.com.
iShares China Large-Cap (FXI) Enters Oversold Territory
In trading on Friday, shares of the iShares China Large-Cap ETF (Symbol: FXI) entered into oversold territory, changing hands as low as $23.67 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to mea
Tax-Loss Harvesting to Enhance US Large-Cap Growth Exposure
With the end of the year quickly approaching, tax-loss harvesting is top of mind for many advisors. U.S. large-cap growth may be a compelling place for advisors to begin tax-loss harvesting. The segment, as measured by the Russell 1000 Growth Index, is still below its all-time high. As of the end of November, the benchmark [...]
Read more at ETFTrends.com.
Friday's ETF with Unusual Volume: ROBT
The First Trust Nasdaq Artificial Intelligence and Robotics ETF is seeing unusually high volume in afternoon trading Friday, with over 379,000 shares traded versus three month average volume of about 66,000. Shares of ROBT were up about 1% on the day.
VettaFi Voices On: The Outlook for 2024
Good morning, VettaFi Voices! We are a week out from the VettaFi 2024 Market Outlook Symposium on December 14, which will feature a range of ETF industry leaders discussing their expectations for different areas of the financial markets and the economy in 2024. But speaking to our own in-house experts, what do you expect for [...]
Read more at ETFTrends.com.
Lean on Active Bond ETFs as Fed Threads Needle
The bond market may have jumped the gun somewhat on rate cut excitement. The November jobs report that dropped Friday showed an unexpected decrease in the unemployment rate to 3.7%. That’s less than the expected 3.9%. Nonfarm payrolls rose by 199,000 compared to the expected 190,000, with the former also higher than October’s total of [...]
Read more at ETFTrends.com.
Friday's ETF Movers: ARKW, GDX
In trading on Friday, the ARK Next Generation Internet ETF is outperforming other ETFs, up about 2% on the day. Components of that ETF showing particular strength include shares of Coinbase Global, up about 4.7% and shares of Nextdoor Holdings, up about 4% on the day.
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