Day two of the hope rally and U.S. and European stocks have jumped 5% to 7% in spite of the fact that no real and tangible solutions to Europe’s sovereign debt crisis have materialized. On Wall Street, they call that “buying the rumor.” It’s a Read more…
SDY, XLU
Joseph L. Shaefer: Silver (NYSE:SLV) has plunged these past short weeks. No news there. But when I suggest you consider buying silver for 75 cents on the dollar, I am not referring merely to buying it when it is cheap. I suggest instead that you buy it at a discount – by writing put options. Read more…
NYSE:AGQ, SLV, ZSL
ProShares has filed paperwork with the SEC for a “ProShares 10yr Falling Inflation ETF.” ProShares 10yr Falling Inflation (the “Fund”) seeks investment results for a single day only, not for longer periods. The Fund seeks daily investment results, before fees and expenses, that correspond to three times the inverse Read more…
NEW FILING
Six Vanguard stock index funds have added ultra-low-cost Admiral Shares™, providing shareholders with expense savings of more than 50% over the corresponding Investor Shares in some cases. Read more…
SPY
ProShares has filed paperwork with the SEC for a “ProShares 30yr Falling Inflation ETF.” The ProShares 30yr Falling Inflation (the “Fund”) seeks investment results for a single day only, not for longer periods. The fund seeks daily investment results, before fees and expenses, that correspond to the inverse Read more…
NEW FILING
ProShares has filed paperwork with the SEC for a “ProShares 10yr Rising Inflation ETF.” ProShares 10yr Rising Inflation (the “Fund”) seeks investment results for a single day only. The Fund seeks daily investment results, before fees and expenses, that correspond to three times (3x) the daily performance Read more…
NEW FILING
Justice Litle: In contrast to the “Lehman 2.0″ viewpoint, some argue a Greek default could actually be bullish for Europe (NYSE:VGK) and the euro. What happens when Greece finally defaults? Read more…
NYSE:EWG, VGK
ProShares has filed paperwork with the SEC for a “ProShares 30yr Rising Inflation ETF.” The ProShares 30yr Rising Inflation (the “Fund”) seeks investment results, before fees and expenses, that track the performance of the [ ] Index (the “Index”). The Index (Bloomberg Ticker “[ ]”) takes long positions in U.S. Treasury Read more…
NEW FILING
ETF Base: The gold bugs have certainly been gloating of late (well, excluding the prior 2 trading sessions) seeing as how bullion prices, miners and precious metals ETFs have been holding up well while most other asset classes spiral downward in a volatility vortex. In the short term, sure, gold has performed well Read more…
IAU, NYSE:DZZ, NYSE:GDX, NYSE:GLD
Tim Seymour: Russian stocks were already on the run before the shadow of political change made traders even more nervous. We talk about the return of the infamous “Putin put” this week on Trading the Globe. Read more…
RSX
Jared Cummans: To call the last few months volatile would be an understatement; markets have been violently swinging back and forth, taking investors on a wild ride. While major indexes have experienced significant headwinds, other asset classes, like gold, have generally performed well. Read more…
NYSE:BNO, USO
Tony Sagami: It sure seems like the only thing that politicians in Washington, D.C. know how to do is spend money … President Obama’s new jobs plan will cost almost another half-billion dollars. And Ben Bernanke didn’t want to feel left out. Read more…
NYSE:EWJ, NYSE:FXI, NYSE:GMF, VGK
Scott Martin: Traders are trying to track all the rumors about what the European Union’s financial chieftains are talking about. It seems to boil down to a lot of financial engineering. Read more…
NYSE:EU, NYSE:EUO
Thomas Carreno: The bearishness in the market yesterday was completely rejected. I am switching to BOT long signal on S&P 500 (NYSE:SPY) at the open today. I have reevaluated the price charts and am coming to the conclusion that the mini bear may be over for now. Read more…
SDS, SH, SPXU, SPY, SSO
Stoyan Bojinov: Stocks got off to a solid start this week as Wall Street took a bullish cue from European markets and rose on optimism that lawmakers would soon finalize a “plan of action” for Greece. Domestic equity indexes all finished in green territory on Monday, although trading was a bit choppy in the morning hours. Read more…
XLY
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