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“Obama Officially Went Nuclear Benefiting The Nuclear ETF Obama officially went nuclear with his announcement of $8.8 billion in loan guarantees for Atlanta based Southern Company to build Read more…
“One large institutional trader is making a big bet that the S&P 500 will be almost 20 percent higher by the end of the year. It is rare that we find unusual trades in the S&P 500 SPDR (SPY) Read more…
Billionaire investor George Soros’ hedge fund more than doubled its bet on the price of gold during the fourth quarter, a portion of the firm’s total U.S.-listed equity holdings of $8.8 billion at the end Read more…
Simon Property Group Inc. on Tuesday said it has made an offer to acquire General Growth Properties Inc., the real estate investment trust that filed for bankruptcy last year Read more…
ETF investors are dumping stocks for bonds, but potential trading problems with fixed-income ETFs could trim their results. In January, investors pulled $18.4 billion out of stock ETFs and poured Read more…
Guggenheim Partners, LLC and Security Benefit Corporation today announced that they have reached a definitive agreement whereby Guggenheim and a group of investors, including certain Read more…
PIMCO, a leading global investment management firm, has hired Natalie Pickering as a Senior Vice President and ETF marketing strategist based in the firm’s Newport Beach, California Read more…
Emerging Global Shares (EG Shares), the first dedicated emerging markets sector ETF provider, today launched the China Infrastructure Index Exchange-Traded Fund (CHXX), the first ETF focused solely on Read more…
PowerShares is set to begin trading the “PowerShares CEF Income Composite Portfolio” (PCEF) Friday, February 19th. The Fund seeks investment results that correspond (before fees and expenses) generally to the Read more…
Van Eck is set to begin trading the “Market Vectors Egypt Index ETF” (EGPT) tomorrow, February 18th. The Fund’s investment objective is to replicate as closely as possible, before fees and expenses, the price and yield performance of Read more…
“Fashion Week in New York concludes this week, with the optimism of fashion houses reflected in a larger luxury apparel event than last year. The ETF that best tracks the success of companies Read more…
“The gold price is comfortably above the $1,000 per ounce level and the SPDR gold ETF (GLD) is the second most popular ETF in the world behind the SPDR S&P 500 ETF Trust (SPY) Read more…
“Raw lumber prices have zoomed more than 25% this year, even though the home construction business - its main use – has been scrambling along at record lows. This is a rather stunning Read more…
“So the sky must be darkened with uncountable flocks of our avian friends when I see three of the biggest equity issues in history hit the market at once, $25 billion for Bank of America (BAC) Read more…
S-Network Global Indexes LLC announced today the launch of a new index that tracks the performance of yield-oriented, closed-end funds Read more…
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