This has been a turbulent week on the geopolitical front, triggering waves in the stock market and sending the price of crude oil through the roof. While the stock market corrects itself (as we Read more…
OIH
In trading on Friday, the iPath Inverse January 2021 S&P (NYSE:IVO) is outperforming other ETFs, up about 6.76% on the day. Also up on the day are the Read more…
IVO, JFT, NYSE:BAL, NYSE:CVOL, NYSE:EAPS, VIXY
Cotton prices have surged beyond $2 a pound, the highest level they’ve ever hit. The fiber didn’t even go that high during the Civil War’s cotton embargo. It is now up 170% since a year ago and more than 40% since the beginning of 2011. Short-term squeezes have definitely contributed, as mills Read more…
NYSE:BAL
Corn prices continued their rally early this week, as the grain traded at its highest level since July 2008 on Tuesday. The new high did not hold long, though. Corn and all grains turned south after Read more…
JJG, NYSE:CORN
This week, gold knocked the world’s reserve currencies down a peg – with the sole exception of the Swiss franc. While the Swissie moved up 0.6 percent against bullion, sterling slid 2.0 percent and Read more…
NYSE:GDX, NYSE:GDXJ, NYSE:GLD
Thanks to oil’s recent surge, a number of tangentially connected industries have benefited from the sharp move higher in crude prices. One such industry is the solar power sector where higher oil Read more…
TAN
Stocks ended the day mixed on Thursday on light volume. The tech heavy Nasdaq and the small-cap Russell 2000 ended the day higher by 0.6% and 0.4% respectively. The S&P 500 and the S&P Read more…
NYSE:DBA, RSX
In trading on Thursday, the UBS E-TRACS S&P 500 Gold Hedged Idx ETN (NYSE:SPGH) is outperforming other ETFs, up about 9.78% on the day. Also up on the day are the Read more…
NYSE:DBS, NYSE:FMV, NYSE:GRN, PMNA, SIVR, SPGH
Global X, the New York-based firm that has already launched a handful of new ETFs this year, continues to fill its product pipeline with innovative ideas. In an SEC filing last week, the issuer Read more…
ETF BASIC NEWS
As political uncertainty in Africa and the Middle East continues to prevail, commodities, in particularly crude oil, gold and silver have surged. As for the future, it appears to remain bright for Read more…
NYSE:DBS, SIL, SIVR, SLV, USV
Statistic of the day: Every $10 higher that oil trades drains a minimum of 25 basis points from global GDP growth rates. Some say the real impact is more like 50 basis points. Read more…
NYSE:EEM
Teucrium Trading today (2/23/11) launched the Teucrium WTI Crude Oil Fund (NYSE:CRUD), providing investors with unleveraged exposure to crude oil futures contracts. The fund’s objective Read more…
NYSE:CRUD, OIL, USL, USO
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