Michael Snyder: If the global economy is not heading for a recession, then why is global shipping slowing down so dramatically? Many economists believe that measures of global shipping such as the Baltic Dry Index are leading economic indicators. In other words, they change before the overall Read more…
NYSE:EWG, SEA, SPXU, TZA, VGK
Michael Johnston: Odds are that 2011 is a year many investors will be eager to forget. Ongoing uncertainty over Europe, combined with a frustrating employment situation stateside and even weakness among emerging markets has put many core asset classes in the red for the year. Most equity ETFs Read more…
KWT, NYSE:GRN, PBW, PLTM, SEA, URA
Jonathan Yates: The shipping industry exchange-traded fund, Claymore/Delta Global Shipping ETF (NYSEARCA:SEA) continues to sink, but rising fuel costs are also taking their toll on airline operators. Read more…
NYSE:FAA, SEA
Jonathan Yates: While the Guggenheim Shipping (NYSEARCA:SEA) exchanged-trade fund is down, the Baltic Dry Index is up. What is causing this nominally bizarre divergence between shipping stock benchmarks? Read more…
SEA
Jonathan Yates: Bankruptcy filings by American Airlines (NYSE:AMR) today and from General Maritime (PINK:GMRRQ) earlier in the month emphasize the profitability of shorting the exchange-traded fund for airlines, Guggenheim Airline ETF (NYSEARCA:FAA), and for shipping, Read more…
NYSE:FAA, SEA
Jonathan Yates: With Quantitative Easing 3 on the way and uber-investor Jim Rogers shorting stocks and going long on commodities, short- and long-term exchange-traded fund plays are in order. Read more…
NYSE:FAA, SEA, USO
Jared Cummans: As the ETF universe has expanded rapidly over the past few years, so too has the reach of its exposure. Where there was once only a few hundred products for basic investing, there now stands over 1,400 ETFs with more than one trillion in combined assets. There are now ETFs for not only Read more…
NYSE:EWL, NYSE:EWU, NYSE:GLDX, SEA, SIL
Jonathan Yates: With the cost of shipping by sea down as much as 95% from three years ago, freight companies such as Frontline Ltd (NYSE:FRO), DHT Holdings (NYSE:DHT), Dry Ships (NASDAQ:DRYS) and others are facing major problems from the supply of available vessels on the market. Read more…
SEA
Michael Johnston: With three quarters of 2011 officially in the books, it is now safe to say that the year has not played out as many investors had hoped it might. After coming flying out of the gates–most major benchmarks were solidly in positive territory after the first quarter–a perfect storm of negative developments Read more…
KOL, KWT, NYSE:EGPT, PKOL, SEA, URA
Jared Cummans: This year started off with strong markets as the U.S. slowly worked through its recovery from “The Great Recession”. But as 2011 progressed, things quickly turned south. A number of factors all over the world have led to markets exhibiting high volatility, and prompted Read more…
NYSE:EGPT, SEA, URA
Tim Seymour: Shipping stocks have yet to fully recover from the commodity markets’ retreat back in May, yet this key economic indicator is showing signs of real strength. Read more…
NYSE:DBC, SEA
Effective today, Guggenheim will begin trading their Guggenheim Shipping ETF (NYSE:SEA) under a new index. The fund will now begin tracking the Dow Jones Global Shipping Index. There are to be Read more…
SEA
Guggenheim Funds Investment Advisors, LLC, is pleased to announce the following Guggenheim Funds Exchange-Traded Funds (“ETFs”) have declared distributions. The table below summarizes the distribution schedule for each fund declaring a Read more…
LVL, NYSE:CVY, NYSE:ENY, NYSE:HGI, SEA, WREI
Guggenheim has filed paperwork with the SEC to change the index on its Guggenheim Shipping ETF (NYSE:SEA). Currently The Guggenheim Shipping ETF seeks investment results that correspond generally to the performance, before the Fund’s fees and expenses, of an equity index called Delta Global Shipping Index. The Index is designed to measure the performance of companies listed on global developed Read more…
SEA
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