Todd Shriber: On Tuesday, Jim O’Neill, head of asset management at Goldman Sachs (NYSE:GS) and the gentleman perhaps most known for coining the term “BRIC” in reference to the Brazil, Russia, India and China quartet, made an interesting, and by his own admission, controversial proclamation Read more…
NYSE:ERUS, NYSE:RSX, NYSE:RSXJ
So you’re tired of getting gouged at the pump and would like to extract some manner of revenge against the high price of oil and gasoline. Great idea. But before you wander into the oil futures pits of the NYMEX or snap up a conveniently bundled ETF Read more…
NYSE:BNO, NYSE:CRUD, NYSE:DBO, NYSE:DNO, NYSE:DTO, NYSE:FOL, NYSE:OIL, NYSE:OLO, NYSE:SCO, NYSE:SZO, NYSE:UHN, NYSE:USL, NYSE:USO
IndexIQ, a leading developer of index-based liquid alternative investment solutions, is introducing the IQ Global Oil Small Cap ETF (NYSE:IOIL), it was announced today. IOIL is the first global small-cap Exchange-Traded Fund (ETF), designed to provide pure play exposure to companies that are Read more…
NYSE:IOIL
IndexIQ will begin trading its new “IQ Global Oil Small Cap ETF” (NYSE:IOIL) Thursday May, 5 2011. The Fund seeks investment results that correspond (before fees and expenses) generally to the price and yield performance of its underlying index, the IQ Global Oil Small Cap Index. The Read more…
FUND LAUNCH, NYSE:IOIL
United States Oil ETF (NYSE:USO) is among the “most toxic” exchange-traded funds today, Cramer said Tuesday. The USO tracks the price of West Texas Read more…
NYSE:USO, NYSE:XLE
Ben Fulton, Invesco Powershares, and CNBC’s Bob Pisani discuss why there is not a true oil ETF. Ben explains that the biggest problem is that fund Managers would need to buy allot of tankers and park them off shore to store the oil. The costs associated with this kind of arrangement makes Ben bold Read more…
NYSE:DBO, NYSE:USO
“Take a look at my forecast chart for United States Oil Fund (NYSE:USO) , an exchange-traded fund ( ETF ) whose units’ net asset value tracks the performance of the spot price of West Texas Read more…
NYSE:USO
“The U.S. Oil Fund (NYSE:USO) saw its lowest close in eight months Friday, while the big option trade of the day was in the puts, it may have been calling a bottom. The (USO) fell another 3.65 Read more…
NYSE:USO
Oil has gone from being a hot commodity to a victim of global financial instability worries. The United States Oil Fund LP ETF (NYSE:USO) which tracks the price of light sweet crude has dropped Read more…
NYSE:USO
“The SEC announced last week that it would be conducting a review of derivative-based ETF products, and that it would be putting a freeze on the release of additional derivative-based ETF Read more…
NYSE:UNG, NYSE:USO
“China Investment Corp., the nation’s sovereign wealth fund, joined Goldman Sachs Group and Morgan Stanley & Co. in investing in the U.S. Oil Fund (USO), an exchange- traded crude-futures fund Read more…
ETF BASIC NEWS
ALPS is set to begin trading its “Jefferies TR/J CRB Wildcatters Exploration & Production Equity ETF” (WCAT) tomorrow. The Fund will seek investment results that replicate as closely as possible, before fees and expenses, the price and yield performance of the Read more…
NYSE:WCAT
“Option volume was unusually heavy yesterday on United States Oil Fund LP (USO: sentiment, chart, options). During the course of Wednesday’s session Read more…
ETF BASIC NEWS, NYSE:USO
“Right now the crowd looks to be gathering around the idea that the stock market will turn decidedly more volatile and risky come September and October. But parsing that notion — and the related guess that more volatility will mean a weaker market Read more…
NYSE:IEO, NYSE:OIH, NYSE:UNG, NYSE:USO
Hat tip to AbnormalReturns.com for highlighting a post by the Bespoke Investment Group about rising oil prices yet oil stocks lagging behind, the question is when will oil stocks catch-up to oil prices? If there’s one take away, its the ProShares Ultra Oil & Gas (ETF) (NYSE:DIG).
First up, the Bespoke Investment Group on Oil Continues to Outperform Oil Stocks: Oil continues to rally on a daily basis and it is now up to $65/barrel after getting down to the $30s just a few months ago. At the same time, oil stocks have lagged the commodity pretty significantly. Read more…
NYSE:DIG
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