Archive

Archive for July, 2010

ETFs: Are The Bulls Getting Ahead Of Themselves? (BGZ, EEM)

July 26th, 2010

Although the market had an impressive rally, amidst strong Large Cap earnings, I continue to fear a reversal to the downside.  Keep in mind that the upside MAX objective’s I gave out on July 14th last Read more…

NYSE:BGZ, NYSE:EEM

Sentiment Trumps Everything In These ETFs (GLD, GDX, SPY)

July 25th, 2010

Markets rise when the preponderance of participants are buyers, and fall when the preponderance of participants are sellers.  One of the key ways to anticipate the pendulum swings of participant Read more…

NYSE:GDX, NYSE:GLD, SPY

Financial ETFs Will Need To Make A Decisive Move In Order To Power The Markets Higher (XLF, FAS, FAZ)

July 25th, 2010

Whenever there are moves in the markets that do not seem like they make sense, like a sudden drop in a sector that seemed to be doing well, I always check what the financials are doing. They have a Read more…

NYSE:FAS, NYSE:FAZ, XLF

The SPDR S&P 500 ETF (NYSE:SPY) Confirms A Bullish MACD Histogram Buy Signal

July 25th, 2010

The SPDR S&P 500 ETF (NYSE:SPY) confirmed a bullish MACD histogram buy signal Friday (7/23/2010) by closing above 109.94 yesterday.  Not only that but the SPDR S&P 500 ETF Read more…

SPY

ETFs To Play With The Agriculture Sector On Fire (DBA, RJA, JJG, COW, JJA, GRU, UBC, CORN, FUD, UAG, AGF)

July 25th, 2010

In case you haven’t noticed, agricultural products, grains in particular, have been putting on an impressive rally. Take a look at this chart of the Dow Jones – UBS Grains Index Read more…

JJA, JJG, NYSE:CORN, NYSE:COW, NYSE:DBA, NYSE:FUD, NYSE:GRU, RJA, UAG, UBC

Strength In The Copper ETF Could Forecast Market Strength (JJC, SPY)

July 24th, 2010

In general, copper prices travel in the same direction as stock prices, as copper is an industrial metal that is sensitive to good or bad changes in the economy. As such, we can watch copper prices Read more…

JJC

The Select Sector SPDR ETF Family Is Suing Invesco Ltd. Over Its Use Of Similar Trading Symbols

July 24th, 2010

“The manager of the Select Sector SPDR exchange-traded fund family is suing Invesco Ltd. (IVZ) over its use of similar trading symbols for its PowerShares ETFs. The complaint by the the Boston Read more…

ETF BASIC NEWS

A Look At The New VIX ETN Landscape (XXV, VXX, VXZ, VIXX)

July 23rd, 2010

While I was out of pocket for a few days, Barclays had the temerity to launch a new VIX ETN. Not only that, but this new volatility product is the first inverse VIX ETN to hit the market. It goes by Read more…

VIXX, VXX, VXZ, XXV

New Lithium ETF Powers The Green Movement (NYSE:LIT)

July 23rd, 2010

Global X Funds, the New York-based provider of exchange-traded funds, launched today the world’s first Lithium ETF (NYSE: LIT).  This is the first ETF to offer investors targeted access to a Read more…

LIT

Van Eck Launches Market Vectors Emerging Markets Local Currency Bond ETF (EMLC, AFK, BRF, EGPT, MES, IDX, LATM, PLND, RSX, VNM)

July 23rd, 2010

New York-based asset manager Van Eck Global has launched Market Vectors Emerging Markets Local Currency Bond ETF (NYSE: EMLC), the first U.S.-listed exchange-traded fund Read more…

NYSE:EMLC

Upside Seen For The Gold Miners ETF (NYSE:GDX) To It’s Triple Top Level

July 23rd, 2010

“The Market Vectors Gold Miners ETF (NYSE: GDX) – This ETF, which attempts to replicate as closely as possible the price-and-yield performance of the AMEX Gold Miners Index, is in a bull Read more…

NYSE:GDX

Falling Supply To Boost The U.S. Natural Gas ETF (NYSE:UNG), (NYSE:FCG)

July 23rd, 2010

“While many energy traders have taken the view that the heat wave that baked the nation over the last week has been responsible for the 51 billion cubic feet (bcf) injection of natural gas into storage Read more…

NYSE:FCG, UNG

Pass/Fail Friday: Europe’s Stress Test At High Noon (FAZ, XLF, C, BAC, DIA, DXD)

July 23rd, 2010

What a way to end the week! The EU has decided to leave us hanging until the last moment as they hold off on releasing their bank stress test results until after the markets close (11:30 EST) which Read more…

NYSE:DIA, NYSE:DXD, NYSE:FAZ, XLF

Thrill-Ride Thursday: Where Will Economic Indicators Lead Us? (TNA, TZA, IWM, QQQQ, DIA, UNG)

July 22nd, 2010

Isn’t this fun? Up 200, down 200, up 200, down 200 - wash out your savings, rinse and repeat!  What a total sham of a market we have these days with machines running us up and down Read more…

IWM, NYSE:DIA, QQQQ, TNA, TZA, UNG

Why Long Term Investors Lose Money In Commodity ETFs (USO, UNG)

July 22nd, 2010

Bloomberg published a critical report for anyone who has ever purchased a commodity ETF – especially the US Crude Oil ETF (NYSE:USO) and the US Natural Gas ETF (NYSE:UNG) Read more…

UNG, USO

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