Archive

Archive for May, 2010

The Reality Is That Gold ETFs Are Still In A Secular Bull Market (GLD, SGOL)

May 20th, 2010

Focus on what matters as I know this is hard to do, especially when one is weathering draw downs. And of course a liberal dose of gloating from the bears during these times doesn’t help either Read more…

NYSE:GLD, SGOL

How ETFs Trade Differently Than Stocks

May 20th, 2010

“As individual investors, when we first learned about the ETF structure, there were some caveats that we were told we may have forgotten or chosen to ignore over years of smooth trading and steadily increasing assets under management. Usually it is safe to ignore the fact that an ETF does not trade Read more…

ETF BASIC NEWS

ETF Spotlight: Details On The Direxion Daily Financial Bear 3X Shares (NYSE:FAZ)

May 20th, 2010

The Direxion Daily Financial Bear 3X Shares ETF (NYSE:FAZ) is surging in today’s trading session with gains in excess of 10%, as wall street sinks on continued concerns from the Read more…

NYSE:FAZ

Expect A Euro Bounce And Bank It: Euro CurrencyShares Euro Trust, United States Oil Fund LP, Southern Copper, AK Steel and Chevron

May 20th, 2010

Have you tried to find someone bullish on the Euro CurrencyShares Euro Trust (NYSE FXE)? I have had no success in finding anyone out there that is bullish. What does that mean? It means I Read more…

NYSE:FXE, USO

State Street Global Advisors Launches First International Corporate Bond Exchange Traded Fund

May 20th, 2010

State Street Global Advisors (SSgA), the investment management business of State Street Corporation (NYSE: STT – News), today announced that the SPDR® Barclays Capital International Corporate Bond ETF (IBND) began trading on the NYSE Arca on May 20, 2010. Its annual expense ratio Read more…

ETF BASIC NEWS, IBND

Wednesday, May 19th ETF Movers: VXX, EWP, PALL, GDXJ, PSAU, EWA, IDX

May 19th, 2010

In trading on Wednesday, the iPath S&P 500 VIX Short-Term Futures ETN (VXX) is outperforming other ETFs, trading up 2.5% on the day. Also up for the day is the Read more…

IDX, NYSE:EWA, NYSE:EWP, NYSE:GDXJ, PALL, PSAU

Financial ETFs Still Face Major Hurdles From An Overvalued Housing Market (XLF, IYF, IYR)

May 19th, 2010

“A 2008 study from the Congressional Budget Office (CBO) estimated taxpayer losses from the Fannie Mae and Freddie Mac bailouts to reach $25 billion. This month, the Associated Press Read more…

IYF, IYR, XLF

Dan Sullivan Joins Richard Russell In Bear Camp, Moves To Cash

May 19th, 2010

“Dan Sullivan, editor of two investment advisory services — The Chartist and the Chartist Mutual Fund Letter — emailed clients last night that he was changing his recommendation from being 100% invested in equities to being completely Read more…

ETF BASIC NEWS, NYSE:GLD, PHYS, PLTM, PPLT, SGOL, SIVR

The 50 Day Moving Average Is Key For The U.S. Natural Gas ETF (NYSE:UNG)

May 19th, 2010

“The U.S. Natural Gas ETF (NYSE:UNG) is trading lower this morning by 0.09 to 7.45. While the natural gas ETF has struggled on the daily chart over the past year it has rallied recently Read more…

UNG

The iShares Brazil ETF (EWZ) Takes A Hit Despite Its Sizzling Economy

May 19th, 2010

“Brazilian equities are down on their luck despite its sizzling economy, but some U.S. companies are drawing trump cards from sales growth. After surging 83% last year, the Bovespa has shed 11% in Read more…

NYSE:EWZ

The Direxion Financial Bull 3X ETF (NYSE:FAS) Breaches a Critical Level

May 19th, 2010

“The market had put in a doji yesterday but did not do so at a critical level of support or resistance. We got the expected bounce at the open but did not hold, which often happens away from those Read more…

NYSE:FAS

PowerShares Files For An International Corporate Bond Portfolio ETF (PICB)

May 19th, 2010

Powershares has filed paperwork with the SEC for a “PowerShares International Corporate Bond Portfolio ETF.”  The Fund’s Shares will trade on NYSE Arca under the symbol (PICB). PICB will seek investment results that correspond (before fees and expenses) generally to the price and yield Read more…

IBND, PICB

Deflation And Economic Weakness Are the Best Catalysts for Gold ETFs

May 19th, 2010

Recently, I had written about how a deflationary impulse in the capital markets would be a catalyst for the gold stocks. This turned out to be accurate as stocks and commodities weakened while Read more…

ETF BASIC NEWS

Gold ETF Focus (GLD, SGOL): Gold’s Real Fundamentals Support A Much Lower Price

May 19th, 2010

This content has expired. Read more…

ETF BASIC NEWS, NYSE:GLD, SGOL

State Street Set To Begin Trading The SPDR Barclays Capital International Corporate Bond ETF (IBND) Tomorrow

May 19th, 2010

State Street is set to begin trading their new “SPDR Barclays Capital International Corporate Bond ETF” (IBND) tomorrow. The SPDR Barclays Capital International Corporate Bond ETF (the “Fund”) seeks to provide investment results that, before fees and expenses, correspond generally to the price Read more…

IBND

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