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David Fry: Our goal in this profile is to help investors wade through the many competing ETF offerings available. Using our long experience as an ETF publication, we can help select those ETFs that matter and may or may not be repetitive. The result is a more manageable list of issues from Read more…
NASDAQ:EMMT, NYSE:FXZ, NYSE:IRV, NYSE:IYM, NYSE:MXI, NYSE:PYZ, NYSE:VAW, NYSE:XLB
Equities rebounded from early losses to end the day modestly higher. Volume was down but the intraday reversal was nonetheless impressive. All five major indices closed in the black. The small Read more…
Stocks sold off sharply on Wednesday amidst brisk trade. Stocks were under pressure from the opening bell and were unable to gain traction at any time during the session. Four of the five major Read more…
Although our markets began to climb alongside the improved news in financials, the best ETFs over the last 3 months revolve around metals and materials used to build things. Here are the 5 best ETFs (excluding financials) on a rolling 3-month basis:
Best Non-Financial ETFs Over 3 Months (2/27/09-3/26/09)
% Gain
Claymore China Real Estate (TAO) 79%
Market Vectors Steel (SLX) 69%
Claymore Global Timber (CUT) 68%
SPDR Metals and Mining (XME) 56%
First Trust Materials (FXZ) 56%
The implications here are twofold. One, the companies involved in the production, extraction and transportation of basic materials as well as industrial metals and lumber have collectively seen their share prices surge. Two, we can credit China’s infrastructure stimulus package in addition to the Chinese consumer.
For all of the talk about rebuilding U.S. infrastructure, only 5% of our stimulus package is going to these efforts. China? Some $300 billion of the $600 billion
Full Story: http://www.etfexpert.com/etf_expert/2009/05/etf-expert-best-etfs-tap-singular-theme-lets-build-stuff.html
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