ETF DAILY NEWS

Is The Major Decline In Gold Prices A Buying Opportunity For Investors? (GLD, IAU, ABX, KGC)

David Bettencourt — Wed, 16 May 2012 14:43:19 +0000

Jared Cummans: Last year at this time, gold was everyone’s favorite commodity, as the precious metal had spiked to its historical high of approximately $1,900/oz. But after crashing back to earth, this asset has struggled thus far on the year amid economic uncertainty(...)
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Gold Market Hysteria/Propaganda Approaches Wartime Pitch (GLD, IAU, DZZ, SLV, AGQ)

David Bettencourt — Wed, 16 May 2012 14:33:00 +0000

Dominique de Kevelioc de Bailleul: Reminiscent of the gloom and doom articles of October 2008 regarding the gold price, a sudden spate of anti-gold propaganda and short-term bearish calls for the yellow metal have hit the web.(...)
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Uncertainty Abounds – Markets Have Taken Note (DIA, SPY, INDEXSP:.INX, INDEXDJX:.DJI)

David Bettencourt — Wed, 16 May 2012 14:17:58 +0000

Chris Ciovacco: Last summer the big question in the markets was whether or not the European Central Bank (ECB) would print large quantities of money in an effort to cap rising bond yields in Europe. Between July 6 and August 8, 2011, the markets were not confident about getting assistance(...)
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The Direxion Small Cap 3x Bear ETF (TZA) Is On The Verge Of Breaking Out

David Bettencourt — Wed, 16 May 2012 13:59:53 +0000

Stocks showed promise at the open yesterday morning, but a late wave of selling on higher trade subsequently pulled the markets down to session lows. For a second consecutive day, all the major indices finished in negative territory. (...)
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KraneShares Files For Dow Jones China Select Dividend ETF (DVYE, DEM)

David Bettencourt — Wed, 16 May 2012 03:32:06 +0000

Eric Dutram: The ETF world has been expanding at a torrid pace in recent months as a variety of firms race to bring new funds to market. The product pipeline looks pretty rich as well, as a number of firms have proposed new products(...)
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Why We Are Going To See Bank Runs Happening All Over Europe (XLF, EWP, EWI, FXE, VGK, EWG, FAZ, FAS)

David Bettencourt — Wed, 16 May 2012 03:24:12 +0000

Michael Snyder: The bank runs that we are watching right now in Greece (NYSEARCA:GREK) are shocking, but they are only just the beginning. Since May 6th, nearly one billion dollars has been withdrawn from Greek banks.(...)
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Under The Hood: Van Eck Launches Emerging Markets Junk Bond ETF (HYEM, ELD, IHY, EMHY, GHYG, HYXU)

David Bettencourt — Wed, 16 May 2012 02:54:13 +0000

Michael Johnston: Van Eck rolled out another international high yield product this week, debuting its Market Vectors Emerging Markets High Yield Bond ETF (NYSEARCA:HYEM). The new fund will seek to replicate the BofA Merrill Lynch(...)
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Why Plunging Commodity Prices Are Ominous For Stock Market (UGA, XLE, USO, SPY, DUG, DBO)

David Bettencourt — Wed, 16 May 2012 02:40:03 +0000

Sy Harding: Consumers understandably like to see prices for commodities decline, the more the merrier, particularly gasoline (NYSEARCA:UGA) and energy costs (NYSEARCA:XLE).(...)
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Some Noteworthy Headlines From Around The ETF Industry

David Bettencourt — Wed, 16 May 2012 02:28:08 +0000

Stoyan Bojinov: Judging from the sideways price action on Wall Street this week, it seems that investors went through the full cycle of emotions. With corporate earnings seasons drawing to a close at home investors are once again focusing(...)
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Postponing The Day of Reckoning For The Euro, But For How Much Longer (EWI, VGK, FXE, EWG, EUO)

David Bettencourt — Wed, 16 May 2012 02:11:37 +0000

JR Crooks: Financialization is the process of turning tangible, intangible, future or present promises into financial instruments. And it can be scary for the global economy. But we appear more afraid of its potential absence.(...)
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Backwardation In Gold And Silver (SLV, GLD, AGQ, IAU, PHYS)

David Bettencourt — Wed, 16 May 2012 01:57:49 +0000

Keith Weiner: On Monday, May 14, something happened that hasn’t happened since Dec of 2008. Two successive near-month precious metals futures contracts were in backwardation at the same time. (...)
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ETF Trade: Stock Market Potpourri (SPY, IWM, DIA, TLT, UUP)

David Bettencourt — Wed, 16 May 2012 01:41:35 +0000

Thomas Carreno: The slow grind down. This is what is occurring in the market right now as represented by the sp500. A few of my recent postings have been done during market hours and describe a bit of the confusion and frustration with(...)
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ETF Daily News: Tuesday, May 15th ETF Movers (ROSA, VZZB, GLDX, TSXV)

Greg Cullen — Tue, 15 May 2012 21:08:37 +0000

In trading on Tuesday, the iPath Short Extended Russell 1000 TR ETN (NYSEARCA:ROSA) is outperforming other ETFs, up about 18.83% on the day. Also up on the day is the(...)
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The Rare Earths Industry Is Only Just Beginning For Investors (REMX, MCP, LYC, AVL, UCU, QRM)

David Bettencourt — Tue, 15 May 2012 20:52:34 +0000

Brian Sylvester: Is the rare earths space (NYSEARCA:REMX) an industry in decline, a bubble popped? Not so, according to Jon Hykawy, head of global research and a clean technologies analyst at Byron Capital Markets. Hykawy tells The Critical Metals Report in this exclusive interview that establishing(...)
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Gold ETF Funds Go Red (GLD, UUP)

David Bettencourt — Tue, 15 May 2012 19:43:23 +0000

Christian Magoon: Gold ETF funds have historically been desirable due to gold’s history of holding up during crisis events. The current EU crisis however has now turned Gold ETF Funds red for the year. This has investors concerned.(...)
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Gold Losing Battle Versus U.S. Dollar In 2012 (GLD, SLV, IAU, UUP, UDN)

David Bettencourt — Tue, 15 May 2012 19:34:58 +0000

Jeff Nielson: Gold bears are exuberant these days. Their mood is epitomized by a recent Bloomberg headline: “Gold Erases Year’s Gain as Europe Concern Boosts Dollar” – which was then dutifully parroted by thousands of mainstream drones. (...)
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Gold Slides to New 2012 Low: Buying Opportunity or Bull Market Breakdown? (GLD, IAU, SLV, GDX)

Greg Cullen — Tue, 15 May 2012 18:16:48 +0000

After a legendary run culminating in a peak near $2,000 an ounce in August 2011 gold has been cooling its heels of late. The yellow metal has given back all of what were once impressive 2012 gains. More disquieting for those who(...)
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Market Vectors’ Francis Rodilosso Comments on Outlook for Emerging Markets Corporate Bond Default Rates

David Bettencourt — Tue, 15 May 2012 16:50:19 +0000

Market Vectors high-yield debt portfolio manager Fran Rodilosso, today commented on defaults among emerging markets corporate bond issuers.(...)
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Limiting Risks When Taking On Junior Mining Investments (GDX, GOLD, SA, NEM, FCX, TCK, ABX)

David Bettencourt — Tue, 15 May 2012 16:46:52 +0000

Peter Byrne: Toronto-based hedge fund managers Jerome Hass and Jimmy Chu of Lightwater Partners discuss their strategic approach to taking long positions on gold, zinc and tungsten opportunities(...)
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ETFs: What Are Exchange Traded Funds?

David Bettencourt — Tue, 15 May 2012 16:35:29 +0000

Randall Mah: ETF stands for Exchange-Traded Funds and refers to investment companies that sell large blocks of stocks to, generally, large institutional investors. First introduced in 1993, ETF shares(...)
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