In recent trading, shares of Equinix Inc (Symbol: EQIX) have crossed above the average analyst 12-month target price of $722.67, changing hands for $728.17/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valu
In recent trading, shares of WEC Energy Group Inc (Symbol: WEC) have crossed above the average analyst 12-month target price of $88.86, changing hands for $89.33/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade o
In recent trading, shares of Penn National Gaming Inc (Symbol: PENN) have crossed above the average analyst 12-month target price of $30.89, changing hands for $31.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgr
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 itse
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 itse
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 itse
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 itse
The coronavirus pandemic continues to aggravate as the second wave of the outbreak has hit hard. Top infectious disease specialist, Dr. Anthony Fauci, has warned that the new coronavirus cases could increase up to 100,000 per day, if necessary actions are not taken to control th
In trading on Wednesday, shares of the Invesco BulletShares 2020 Corporate Bond ETF (Symbol: BSCK) crossed below their 200 day moving average of $21.24, changing hands as low as $21.23 per share. Invesco BulletShares 2020 Corporate Bond shares are currently trading down about
It has mostly been noticed that Dow Jones appear to be the most vulnerable index to the socio-economic changes among the big three — S&P 500, the Nasdaq, the Dow Jones. Be it U.S.-China trade war, oil price volatility or the coronavirus pandemic, the Dow suffers the most.
The world’s second-largest economy seems to be recovering from the crippling effects of the coronavirus pandemic as it reports encouraging manufacturing activity data. China’s official Purchasing Manager’s Index (PMI) reading for June has managed to surpass expectations in
Finally, the first half of 2020 passed by with an extremely downbeat Q1 (Wall Street’s worst quarter since fourth-quarter 2008) and an equally upbeat Q2 (best quarter since 1998). While the outbreak of coronavirus caused the massacre in markets in Q1, the unprecedented stimulu
In trading on Wednesday, shares of the Vanguard FTSE Emerging Markets ETF (Symbol: VWO) crossed above their 200 day moving average of $40.12, changing hands as high as $40.32 per share. Vanguard FTSE Emerging Markets shares are currently trading up about 1.6% on the day. The
Wall Street wrapped up its best quarterly performance in decades with the S&P 500 logging in the best quarter since 1998. The benchmark jumped nearly 20% in the second quarter. The strong rally was driven by a combination of unprecedented levels of fiscal and monetary stimul
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— Bloomberg Barclays 1-3 Month T-Bill ETF (Symbol: BIL) where we have detected an approximate $247.1 million dollar outflow -- that's a 1.5%
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the First Trust US Equity Opportunities ETF (Symbol: FPX) where we have detected an approximate $205.3 million dollar outflow -- that's a 13.6% decreas
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the iShares iBoxx $ High Yield Corporate Bond ETF (Symbol: HYG) where we have detected an approximate $261.2 million dollar outflow -- that's a 0.9% de
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P Kensho New Economies Composite ETF (Symbol: KOMP) where we have detected an approximate $192.9 million dollar outflow -- that's a 1
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SCHF ETF (Symbol: SCHF) where we have detected an approximate $157.7 million dollar outflow -- that's a 0.9% decrease week over week (from 623,300,
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the SPDR— S&P 500— ETF Trust (Symbol: SPY) where we have detected an approximate $2.7 billion dollar inflow -- that's a 1.0% increase week over