Direxion, a pioneer in providing alternative investment strategies to sophisticated investors, announced today it will execute a 1-for-5 reverse split of the shares of the Direxion Daily Financial Defining ETNs And Your Profit Opportunities With Them (INP, AMJ)
When most investors hear the term exchange traded products, they probably think ETFs and that’s probably because ETFs do dominate the exchange traded products business. Read more…
PowerShares Files For PowerShares Senior Loan Portfolio ETF (BKLN)
PowerShares filed paperwork with the SEC for a “PowerShares Senior Loan Portfolio” ETF. The Fund seeks investment results that correspond (before fees and expenses) generally to the price and yield of the S&P/LSTA U.S. Leveraged Loan 100 Index. This will presumably replace the fund Read more…
Turkey From The Front Line: Stable Emerging Growth Between The Middle East and Asia (TUR, TKC)
Greetings from Turkey, which feels like it is on the other side of the world from Egypt in terms of recent headlines. This is a place that wields as much power in the Middle East as any country right Read more…
The Fed’s Secret Third Mandate Just Revealed! (GLD)
Officially the Federal Reserve System has a dual mandate: Promote price stability and maximum employment. Now it has admitted to a third one. More on that in a moment. First, a quick review Read more…
iShares Files For iShares S&P International Preferred Stock Index Fund
iShares has filed paperwork with the SEC for a “iShares S&P International Preferred Stock Index Fund.” The iShares S&P International Preferred Stock Index Fund (the “Fund”) seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the S&P Read more…
New China Yuan Policy Holds Promise As The “Trade of the Century” (CYB, CAT, MCD, PEP, WMT, GE, YUM, ABB)
Keith Fitz-Gerald: When the state-owned Bank of China Ltd. (BOC) recently announced that it would begin allowing U.S.-based customers to trade the Chinese yuan here, it represented the biggest step Read more…
Why Your Chocolate Fix Is Getting More Expensive (NIB)
The summer of 2010 saw cocoa prices shoot up, much to bears’ skepticism. They said there was no fundamental reason for the move: It was just a hedge fund manipulation. On that notion, coca prices fell from a 33-year high at over $3,400 a metric ton down to about $2,600 in September. But the Read more…
Egypt Protests Could Lead To $150 Oil (USO, OIL, DBO, UCO, SCO, OIH, BP, XOM, CVX, E, RIG, BHI, DO)
Kent Moors: Egypt is hardly the most influential player in the global energy market. Crude oil production has been in decline there for nearly two decades. Since hitting its peak level of 941,000 Read more…
The Resource Sector Hits The Mother Lode At Mining Companies Increase Spending (XES)
Samuel Brannan became the richest man in California in 1849, during the Gold Rush. But he didn’t make his money by hitting a mother lode of the precious metal. Instead, he made his mint by selling picks and shovels to prospectors. Now fast forward 150 years or so… Today, the modern versions Read more…
Powershares Changes Underlying Indexes For Eight Of Their Commodity ETFs (DBC, DBE, DBO, DBP, DGL, DBS, DBB, DBA)
Powershares has changed the underlying indexes for eight of their commodity ETFs. The changes take effect today, February 2, 2011. The funds affected are the PowerShares DB Commodity Index Tracking (NYSE:DBC), PowerShares DB Energy (NYSE:DBE), PowerShares DB Oil (NYSE:DBO), Read more…
NYSE:DBA, NYSE:DBB, NYSE:DBC, NYSE:DBE, NYSE:DBO, NYSE:DBP, NYSE:DBS, NYSE:DGL
The first month of 2011 is in the books, and January certainly displayed no shortage of action for investors. Earnings season kicked off to a relatively strong start, though disappointments sprinkled Silver Butterfly: An Option Trading Lesson (SLV)
One of the notes that I keep stuck to my computer reads “remember seasonality”. For those just now becoming familiar with options, you may assume I am reminding myself not to forget deer Read more…
Wagner Daily: A Closer Look At These ETFs (IJT, THD)
Tuesday was a very bright day on Wall Street. In an impressive showing of strength, stocks erased virtually any hint of last Friday’s distribution. For the second consecutive day, all of the major Read more…
Global X To Begin Trading The “Global X FTSE Andean 40 ETF” (AND) Thursday, February 3, 2011
Global X will begin trading its new “Global X FTSE Andean 40 ETF” (NYSE:AND) Thursday, February 3, 2011. The FTSE Andean 40 Index tracks the performance of the 40 largest companies in Chile, Colombia, and Peru. The index is free-float adjusted and weighted by market capitalization. Stocks Read more…
Most Comments