Archive

Archive for July, 2009

An Open Letter From ProFunds Group On Leveraged ETFs

July 31st, 2009

openletterThe following is taken from the ProShares website, and the original can be found: HERE

Leveraged and inverse funds, designed to pursue a multiple, or inverse multiple, of an index or benchmark on a daily basis, have grown in number and popularity in recent years. As the leading manager of these funds1, we feel Read more…

ETF BASIC NEWS

Guggenheim Partners Looking To Acquire Claymore Securities Inc.

July 31st, 2009

mergerGuggenheim Partners issued a press release today reporting that they have entered into an agreement, and plan of merger with Claymore Securities. Business wire reports, “As part of the transaction, Claymore Group and its associated entities including Read more…

ETF BASIC NEWS

Does The American Silver Market Have Room For Another ETF? (SIVR, SLV, GLD)

July 31st, 2009

silver-barsLara Crigger from www.HardAssetsInvestor.com  interviews Nicholas Brooks and he talks about the outlook on silver. We found the following interview worth reading.  Last week, European ETF titan ETF Securities Read more…

NYSE:GLD, SIVR, SLV

Retail Base For Levered ETFs Seen Narrowing (TBT, EEM, UYG, GLD, SPY, SDS)

July 31st, 2009

narrowingDaisy Maxey from the WSJ reports “It’s difficult to tell how many unsophisticated investors own leveraged exchange-traded funds, but with these complex funds under scrutiny and some brokers backing away from sales, that ownership seems certain to diminish. Read more…

ETF BASIC NEWS

Currency ETF 101

July 31st, 2009

bob-pisaniBob Pisani discusses the basics of how ETFs can be used to trade currencies just as easily as trading stocks with the ability to buy or short. Bob also discusses how this can be a good way to add diversification to your portfolio gaining greater Read more…

ETF BASIC NEWS, video

How To Use ETFs To Profit From The Bubble Of All Bubbles

July 31st, 2009

jamesaltucherJames Altucher, managing partner of Formula Capital, says we are setting the stage for another bubble. James notes that the stimulus has barely hit yet (less than 10% spent) and the economy is probably already stabilizing. He poses the question Read more…

ETF BASIC NEWS, NYSE:BBH, PBW, XBI

Reasons Leveraged ETFs Should Not Be Banned

July 30th, 2009

bannedCNBC aired a segment this morning addressing the stirr FINRA has caused by warning  financial brokers and advisers about their responsibilities to explain to retail investors how these inverse and leveraged ETF’s are difficult to understand and Read more…

ETF BASIC NEWS

Schwab Says: Leveraged and Inverse ETFs Are Not Right for Everyone

July 30th, 2009

notforeveryoneOnline broker Charles Schwab (SCHW) issued a statement on its Web site yesterday declaring that leveraged and inverse ETFs are “not right for everyone.” Despite this warning, Schwab continues to offer the products to its customers. We have included Read more…

ETF BASIC NEWS

KBW Announces Changes to KBW Bank Index (KBE), KBW Regional Banking Index (KRE), and KBW Capital Markets Index (KCE)

July 30th, 2009

change(kbw.com)–Jul. 29, 2009– Keefe, Bruyette & Woods, Inc., a full service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), announced upcoming changes to the Read more…

ETF BASIC NEWS, KBE, KCE, KRE

United States Natural Gas Fund LP (UNG) Cuts Natgas Position Due To CFTC Moves

July 30th, 2009

etf-news7The United States Natural Gas Fund LP (UNG) said on Wednesday it was reducing its position in the natural gas futures market to adhere to federal limits, adding that it may need to seek alternative investments to compensate.  UNITED STATES NATURAL GAS FUND, LP filed the following Read more…

UNG

FINRA Has Firms Scrambling, As Morgan Stanley Is Next To Review Leveraged ETF’s

July 29th, 2009

scaredThe Financial Industry Regulatory Authority “FINRA”  warned brokers and registered investment advisers a month ago about their fiduciary duties when selling inverse and leveraged ETFs.  Read more…

ETF BASIC NEWS

Commodities Crackdown Could Curb ETFs (UNG, USO)

July 29th, 2009

regulationDon Dion wrote an interesting article today on thestreet.com highlighting the Commodities Futures Trading Commission (CFTC)’s review of the ETF hedging exemption. Dan states, “Strict position limits on commodities trading could curb the development of Read more…

UNG, USO

Short Oil ETF’s Surge As Crude Inventories Rise (ERY, DDG, DTO, DUG, SZO)

July 29th, 2009

stocks_plungeOil prices fell below $64 a barrel today with more signs emerging that consumers are cutting back where they can, notably on energy costs. The summer driving season has been a bust Read more…

ETF BASIC NEWS, NYSE:DDG, NYSE:DTO, NYSE:DUG, NYSE:ERY, SZO

Hot Trends for ETF Investors: EEM, EWZ, IGF, PHO

July 29th, 2009

vinnycastalanoBlue Marble Research’s Vinny Catalano reviews what he sees as the hottest trends and the corresponding ETFs that investors should consider. Vinny likes to look at investment themes that last more than one business cycle. He takes into consideration Read more…

IGF, NYSE:EEM, NYSE:EWZ, PHO

ETF’s Are NOT So Simple Anymore

July 29th, 2009

keep-it-simple“There’s no doubt that exchange-traded funds have captured investors’ imaginations. The funds, which trade like stocks, represent baskets of securities or commodities. Since 1999, assets have grown at a compound annual rate of 36%. As investors fled mutual funds last year, ETFs garnered net sales of $182 billion Read more…

ETF BASIC NEWS

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