Richard Rittorno: Traders simply could not hide from the euro zone this week — or help but notice how surprisingly well the euro has been holding up over the past few weeks. Looking at fundamentals and technicals, the currency should be trading a good deal lower. Read more…
NYSE:FXE, UDN, UUP
Gold demand in the third quarter of 2011 reached 1,053.9 tonnes, an increase of 6% compared to the same period last year. This equates to US$57.7bn, an all-time high in value terms. Read more…
IAU, NYSE:GDX, NYSE:GDXJ, NYSE:GLD, SGOL
The Daily Capitalist: I’m getting back to normal posting after travel, and want to uptake my “risk off ” posture. Regular readers know that I went 180 degrees to a “risk off” posture in early May from the aggressive risk on posture I had assumed in late August 2010, and then after the stock market hit what Read more…
SH, SPY, SSO, TBT, TLT
Matthew Tucker: A few weeks ago, my colleague Russ blogged about the preference skittish investors are showing for cash. Given the volatile market conditions and uncertain political environment, it’s understandable that investors are finding comfort in cash. Read more…
LQD, NYSE:CSJ, NYSE:FLOT, SHV
Toby Connor: The Recent Market action has me wondering if the next leg down in the cyclical bear market has begun. I always expected that we would see a very convincing rally out of the October yearly cycle low. I thought it even possible that we would test the 200 day moving average. Most bear Read more…
NYSE:FAS, NYSE:FAZ, NYSE:GLD, SDS, TNA, TZA
Stoyan Bojinov: The product development front in the exchange-traded universe continues to buzz with activity as two key issuers laid the groundwork for first-to-market products this week. Global X filed for an intriguing multi-asset class index fund while ProShares drafted plans to beef up its fixed income Read more…
ETF BASIC NEWS
Chris Aylott: When IndexIQ launched the IQ Hong Kong Small Cap ETF (NYSEARCA:HKK) on May 18, it was hailed as the first ETF to target small-cap companies in the region. Six months later, it’s looking like a bad bet. Read more…
NYSE:EWH, NYSE:HAO, NYSE:HKK
Scott Martin: Indonesia gave local bankers a surprise last week by cutting interest rates a full 50 basis points, but moves like this are becoming more common as Asia chooses to nurture flagging growth instead of fighting persistent inflation. Read more…
IDX, NYSE:EWM, NYSE:EWY, NYSE:FXI
Mike Larson: In this market, it’s easier than ever to be confused. I say that because Wall Street pundits and European technocrats keep telling you that “All is well.” They keep saying that stocks have to rise because it’s the end of the year. Read more…
NYSE:FAZ, SPXU, TZA, VXX
Corey Rosenbloom: Let’s take a quick snapshot update of today’s breakdown from the Symmetrical Triangle Pattern we’ve all been watching in the S&P 500 and the SPDR S&P 500 ETF (NYSEARCA:SPY). Read more…
SDS, SH, SPXU, SPY, SSO
Stoyan Bojinov: Domestic equity indexes sank desperately lower as ongoing Euro zone debt woes paved the way for rampant profit-taking across virtually every corner of the market. Investor confidence further declines as worries over the domestic supercommittee sparked waves of fear that the U.S. would soon Read more…
NYSE:FXC
David Zeiler: Rising government bond rates are making it increasingly costly for several key Eurozone nations to borrow money, stoking fears that the sovereign debt crisis has reached a critical stage. Read more…
NYSE:EEM, VGK, VWO
David Oldenburg: I began using the internet to promote my talk shows way back in 1994, with my first email address and webpage. Today, I use it to promote business, build leads, sell books, get exposure on articles and to attract people to my internet marketing show (www.onlinemoneyshow.com) and Read more…
NASDAQ:SOCL
AdvisorShares has filed paperwork with the SEC for a “AdvisorShares Global Alpha & Beta ETF.” The AdvisorShares Global Alpha & Beta ETF (the “Fund”) seeks long-term capital growth by investing primarily in other exchange-traded funds (“ETFs’’), common stock of issuers of any Read more…
NEW FILING, NYSE:RRGR
Stocks closed down sharply for a second consecutive day on higher trade. All five exchanges closed lower with the Nasdaq (NASDAQ:QQQ) showing the most weakness. By the closing bell, the tech-rich index had shed 2.0%. The S&P MidCap 400 followed closely as it dropped 1.9%. The S&P 500 Read more…
NYSE:GLD, XRT
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