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 itsel
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 itsel
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 itsel
In trading on Thursday, shares of the BCI ETF (Symbol: BCI) entered into oversold territory, changing hands as low as $27.8309 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of the FENY ETF (Symbol: FENY) entered into oversold territory, changing hands as low as $18.8084 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum
In trading on Thursday, shares of the AMLP ETF (Symbol: AMLP) entered into oversold territory, changing hands as low as $32.65 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure momentum on
In trading on Thursday, shares of the Oil Services ETF (Symbol: OIH) entered into oversold territory, changing hands as low as $217.62 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicator used to measure mom
In trading on Thursday, shares of the First Trust Nasdaq Oil & Gas ETF (Symbol: FTXN) entered into oversold territory, changing hands as low as $23.015 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical analysis indicato
In trading on Thursday, shares of the First Trust Global Tactical Commodity Strategy Fund ETF (Symbol: FTGC) entered into oversold territory, changing hands as low as $27.33 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical
In trading on Thursday, shares of the BCI ETF (Symbol: BCI) crossed below their 200 day moving average of $27.85, changing hands as low as $27.83 per share. BCI shares are currently trading down about 2.9% on the day. The chart below shows the one year performance of BCI shar
SUMMARY Inflation has risen to such high levels due to a ‘Perfect Storm’ of events, in our view. We believe there are mixed signals as to whether it is peaking. While we are currently cautious, we believe the long-term case for stocks is compelling. FOR THE CLOUDS TO CLEAR, THE RAIN MUST STOP We believe [...] Read more at ETFtrends.com.
Let’s start with a few historical observations: Equity markets have gone up 80% of the time when viewed on a 6-month rolling period. They have experienced 10% or greater declines over a 6-month period approximately 10% of the time. Of the worst downturns over the past 60 years, the market has recovered to its past [...] Read more at ETFtrends.com.
Markets continue to notch weekly losses as volatility continues, driven by concerns around rising interest rates and persistent inflation. The jobs report, while appearing to be stabilizing, still came in hotter than expected by economists, and will be yet another underlining support for continued Fed tightening in the coming months. The Fed has indicated that [...] Read more at ETFtrends.com.
In a topsy-turvy stock and bond market, preferred securities may provide extra income and a small dose of stability. These hybrid investments are part bond, part stock. Their dividends get paid ahead of common stock dividends (but not before bond interest) if a company hits har
In trading on Thursday, the ARK Fintech Innovation ETF is outperforming other ETFs, up about 5.1% on the day. Components of that ETF showing particular strength include shares of Block, up about 8.3% and shares of Twilio, up about 8.1% on the day.
IndexIQ today announced the launch of its first active semi-transparent exchange traded funds: the IQ Winslow Large Cap Growth ETF (NYSE Arca: IWLG) and the IQ Winslow Focused Large Cap Growth ETF (NYSE Arca: IWFG). The new ETFs are managed by Winslow Capital Management LLC. IWLG and IWFG seek long-term growth of capital by employing a bottom-up investment [...] Read more at ETFtrends.com.
VanEck today announced the launch of the VanEck CLO ETF (NYSE Arca: CLOI), an actively managed exchange traded fund designed to provide exposure to the $1 trillion collateralized loan obligation market. The fund is subadvised by PineBridge Investments, a private global asset manager focused on active, high-conviction investing. “The growth of the CLO market has been driven [...] Read more at ETFtrends.com.
Small-cap equities can give traders amplified gains, but the same can be said when the markets move in the opposite direction the way they have been for the first half of 2022. However, when things eventually bounce, small-caps could come back in a big way. Inflation fears and recession risks have certainly done a number [...] Read more at ETFtrends.com.
In trading on Thursday, shares of the iShares MSCI Global Metals & Mining Producers ETF (Symbol: PICK) entered into oversold territory, changing hands as low as $35.77 per share. We define oversold territory using the Relative Strength Index, or RSI, which is a technical a