Archive

Archive for July, 2010

The Financial, Oil & Gold ETFs Are On The Move (USO, GLD, XLF)

July 28th, 2010

Most traders I have been talking with are feeling the same thing. Something big is brewing for the equities market but most do not want to get heavily involved until there is a clear direction Read more…

NYSE:GLD, USO, XLF

The Effectiveness Of The 50 Day MA With This ETF (NYSE:SPY)

July 28th, 2010

Of the myriad of technical indicators available, moving averages have risen as not only one of the most popular, but also one of the most effective. Perhaps their popularity is due in part to their Read more…

SPY

Wednesday, July 28th ETF Movers: JJG, JPP, SBB, ITB, XBI, XHB

July 28th, 2010

In afternoon trading Wednesday, the iPath Dow Jones-UBS Grains Total Return Subindex ETN (NYSE:JJG) is outperforming other ETFs, up about 2.92% on the day. Also up on the day are the Read more…

ITB, JJG, JPP, SBB, XBI, XHB

LPL Financial Partners With BlackRock, Quantitative Advantage and Cougar Global Investments to Deliver Third-Party ETF Strategies on Centrally Managed Portfolio Platform

July 28th, 2010

LPL Financial Corporation (“LPL Financial”), an independent broker-dealer, today announced the introduction of third party Exchange Traded Fund (ETF) strategies to its Model Wealth Portfolios Read more…

ETF BASIC NEWS

(Japan) First Domestic NASDAQ-100 Index ETF Available in Japan

July 28th, 2010

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) and the Osaka Securities Exchange Co., Ltd. (OSE), the premier Japanese derivatives and securities exchange, today announced that the first domestic Read more…

ETF BASIC NEWS

(Canada) Horizons AlphaPro Launches Canada’s First Actively Managed Balanced ETF

July 28th, 2010

AlphaPro Management Inc. (“AlphaPro”), the manager of the Horizons AlphaPro Exchange Traded Funds (“ETFs”), is pleased to announce the launch of the Horizons AlphaPro Balanced ETF Read more…

ETF BASIC NEWS

Orocobre Selected In First Global Lithium ETF (LIT)

July 28th, 2010

Orocobre Ltd (TSX:ORL)(ASX:ORE) is pleased to announce it has been included in the world’s first lithium based Exchange Traded Fund (ETF) Read more…

LIT

Richard Russell Turns Bullish, Suggests Buying The DIAMONDS ETF (DIA)

July 28th, 2010

Richard Russell, who recently suggested that the Dow will test the 6,547 level, is now singing a new tune. Fresh off his statement that, “I envision the Dow dropping to test, and possibly violate, the 6,547 level. I don’t know whether this will take place this year, but I wouldn’t be shocked if Read more…

ETF BASIC NEWS, NYSE:DIA

Global X To Begin Trading The Global X Brazil Financials ETF (BRAF) Tomorrow July 29th

July 28th, 2010

Global X is set to begin trading the “Global X Brazil Financials ETF” (BRAF) Tomorrow July 29th. The Global X Brazil Financials ETF (“Fund”) will seek to provide investment results that correspond generally to the price and yield performance, before fees and expenses, of the Solactive Brazil Financials Read more…

NYSE:BRAF

Gold At Long Term Trend Support, Key Level Highlighted (GLD, XLF)

July 28th, 2010

Gold is now reaching long term trend support after falling the last few weeks as investors returned to bid up the Euro and equities.  The bounce in equities, especially financial, retail and real estate Read more…

NYSE:GLD, XLF

Georgetown Investment Management LLC Files Preliminary Paperwork With The SEC For 5 New ETFs

July 28th, 2010

Georgetown Investment Management LLC, has filed paperwork with the SEC to offer five new ETFs. Georgetown does not currently offer ETFs and has filed this exemptive relief to offer these new funds. Not much information was available for Georgetown, however, Georgetown shares the same Read more…

IVV, NYSE:EEM

Technical Weakness Continues For Gold and Metal Miner ETFs (GLD, SGOL, IAU, DGL, XAU, GDX, GDXJ, SIL, SLV, SIVR)

July 28th, 2010

On July 2nd, David Chojnacki, market technician of Street One Technical Analysis, LLC (one of our affiliates) put out a note in our “S1F ETF Daily” that (NYSE:GLD) – SPDR Gold Trust “broke down last Read more…

NYSE:GDXJ, NYSE:GLD, SGOL, SLV

Getting On Board Apple And Microsoft With These ETFs (IYW, QQQQ, XLK, AAPL, MSFT, INTC)

July 28th, 2010

After reporting stellar quarterly financials, Apple (NASDAQ:AAPL) and Microsoft (NASDAQ:MSFT) remain attractive and for good reason. Read more…

IYW, QQQQ, XLK

Mother Nature May Be The Only Hope For The Natural Gas ETF (UNG, FCG, UNL, GAZ)

July 27th, 2010

“Last week the number of shares outstanding in the natural gas ETF (NYSE:UNG) dropped by 3.3%. This decline is interesting given that it occurred as the front two contracts on the Nymex Henry Read more…

NYSE:FCG, NYSE:GAZ, UNG, UNL

Another Shot At The Short Side Of These ETFs? (SPY, QQQQ, XLF)

July 27th, 2010

Despite my recent bullish tendencies I am becoming a bit concerned today about the uptrend.  I think it has exhausted itself today and may start to turn down tomorrow, perhaps very hard Read more…

QQQQ, SPY, XLF

Copyright 2009-2012 ETFDAILYNEWS.COM

LOG