Archive

Archive for October, 2011

Morning Call: Stocks Soar After European Debt Deal

October 27th, 2011

Global markets are charging higher Thursday after European leaders agreed to a wide ranging deal to lessen Greece’s debt burden, recapitalize troubled Euro banks, and increase the firepower of the EFSF. S&P futures are 25 handles higher, taking the index to 4th quarter highs. The deal is not perfect, but there is Read more…

SPY, XLF

Financials: Why We Continue To Warn You To Stay Away From Bank Stocks (XLF, SKF, FAS, FAZ, BAC, C)

October 27th, 2011

Kerri Shannon: If you weren’t convinced before, hopefully you’ve seen the light now: Don’t buy bank stocks. Money Morning Global Investing Strategist Martin Hutchinson Read more…

NYSE:FAS, NYSE:FAZ, SKF, UYG, XLF

ETFs: Another Confirmation Day (FXD, OIL, SPY, DIA, IWM, QQQ)

October 27th, 2011

In impressive style, stocks bounced back from early losses to post solid gains on higher trade. The day started off slowly for the market but caught a bid around lunch time and never looked back all the way to the close. All five major indices closed higher on the session. The small-cap Russell 2000 Read more…

NYSE:FXD, OIL

John Hathaway: Bullish on Gold and Gold Equities (GLD, GDX, NEM, GDXJ, FCX, SLW)

October 26th, 2011

JT Long: The end of 2011 is a golden opportunity to participate in an anticipated upside for mining equities, says Tocqueville Asset Management Senior Managing Director John Hathaway. We caught up to him at the Casey Research/Sprott Inc. Summit “When Money Dies” for this exclusive interview Read more…

NYSE:GDX, NYSE:GDXJ, NYSE:GLD

ETF Daily News: Wednesday, October 26th ETF Movers

October 26th, 2011

In trading on Wednesday, the EGShares Technology GEMS ETF (NYSE:QGEM) is outperforming other ETFs, up about 9.24% on the day. Also up on the day are the Read more…

AMEX:HHH, NYSE:CVOL, NYSE:QGEM, RTLA, UBM, VXX

Today’s U.S. Market Isn’t Japan All Over Again; Prepare For The Next Leg Up (VWO, RSP, SPY, BAC, TNA)

October 26th, 2011

Joseph L. Shaefer: “History Doesn’t Repeat Itself, But It Rhymes” The above quote, attributed to Mark Twain, has been used and misused to explain many things that did or did not occur and did or did not unfold according to historical precedent. A current favorite is to point out the similarities noted, thus Read more…

NYSE:EFG, RSP, RWX, SPY, VWO

How To Profit From Backwardation Right Now With ETFs (USO, XOP, XOM, ERY, ERX)

October 26th, 2011

Todd Shriber: Earlier this year, I wrote about contango, the commodities market situation where longer-dated futures contracts are trading above the current spot price. This can happen with any commodity under the sun, but in most cases, I’d bet that investors know a little something about contango as Read more…

NYSE:ERX, NYSE:ERY, USO, XOP

Gold ETF Analysis: Under The Hood Of The Global X Pure Gold Miners ETF (GGGG, GLD, SLW, GDX, SSRI)

October 26th, 2011

Stoyan Bojinov: In recent years, exchange-traded funds have become popular as vehicles for financial advisors and individual investors looking to establish exposure to gold, a precious metal that has tremendous appeal both as a means of enhancing returns and smoothing overall portfolio volatility. Read more…

NYSE:GDX, NYSE:GDXJ, NYSE:GGGG, NYSE:GLD

Hedge Market Exposure With These Innovative ETNs (SPY, VQT, SPGH, DIA, IWM)

October 26th, 2011

Eric Dutram: Many investors have had a rough time so far in 2011 as a number of issues have plagued markets around the world. European debt crises appear to be in the news every other day while an increasingly large number of emerging markets appear to be abandoning their focus on fighting inflation. Read more…

SPGH, SPY, VQT

Economy: Is It Really Too Soon For Another Recession? No (GLD, SLV, TLT, TBT, TZA)

October 26th, 2011

The Daily Capitalist: First and foremost, my view is that the markets and the mainstream media have been giving insufficient attention (if any at all) to the core problem that was revealed by the meltdown in 2008.  Massive amounts of capital was misspent (“malinvested”) during the boom.  In order to finance Read more…

NYSE:GLD, SLV, TBT, TLT, TZA

Silver Manipulation: The iShares Silver ETF And J.P. Morgan’s Conflict Of Interest? (SLV, PSLV, AGQ, ZSL, GLD)

October 26th, 2011

Jeff Nielson: JP Morgan (NYSE:JPM) is the largest silver short-seller in the history of the world. JP Morgan is the “custodian” for the largest “long” silver fund in the history of the world, making this one of the largest conflicts of interest in all of history. Read more…

NYSE:AGQ, NYSE:GLD, PSLV, SLV, ZSL

Why Cold Weather Will Equal Hot Profits For These Agriculture ETFs (DBA, RJA, MOO, MON, POT)

October 26th, 2011

Kevin Kerr: The crisp smell of autumn leaves, the chill in the air, and pumpkins, and turkey and stuffing, are all leading indicators that once again old man winter’s wrath will be here very soon. In fact, winter 2011-2012 is predicted to be tough sledding for much of the nation, and the world. Read more…

MOO, NYSE:DBA, RJA

Wednesday’s ETF Chart To Watch: Industrial Select Sector SPDR (XLI, MMM, GE, UTX, CAT, NFLX)

October 26th, 2011

Stoyan Bojinov: Domestic equity indexes finally slipped lower yesterday following a solid three-day rise. Stocks were hit as investors worries over the Euro zone resurfaced, consequently sparking a rally in the gold market. Futures prices for the yellow metal soared over $30, managing to close just around Read more…

XLI

Morning Call: Market Recaptures Optimism Ahead of Euro Summit

October 26th, 2011

US stock futures are back on the climb Wednesday morning with investors once again optimistic that Eurozone leaders will hammer out a plan to expand the European Financial Stability Fund (EFSF). Yesterday, major indices all pulled in around 2% amid skepticism that Europe would actually come through with a Read more…

SPY

Investing: Do Bullish Investors Have An Ace In The Hole? (RSX, FXI, VGK, EEM, TNA)

October 26th, 2011

Frank E. Holmes: Right now, there are planes full of travelers heading to Las Vegas with dreams of striking it rich. These starry-eyed gamblers would greatly improve their odds by learning how to count cards. Read more…

NYSE:EEM, NYSE:FXI, RSX, VGK

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