All ETF Daily News Articles

Options: Traders Bullish On Silver ETF (SLV)

silverAt least one investor is expressing bullishness, betting on iShares Silver Trust ETF (SLV Quote) and boosting normal daily volume more than 20-fold today. Between 1 p.m. EDT and 2 p.m. EDT, an investor sold 100,000 SLV Jan. 2010 13 puts and simultaneously bought 75,000 SLV Jan. 2010 14 calls. He also sold 100,000 Jan. 2010 19 calls in the name. Normal daily options volume in SLV is around 10,000 option contracts, but approximately 220,000 SLV options have traded with about half an hour left to go in the trading day.  
NYSE:SLV May 29, 2009 4:17pm

When Will The Oil ETF Catch-Up To Rising Oil Prices?

crudeHat 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.   
NYSE:DIG May 29, 2009 4:02pm

He Made the Trade of the Century. Now What? John Paulson’s Portfolio Includes ETF’s

john-paulsonJohn Paulson had expertise in merger arbitrage, so betting against the housing bubble was met with extreme skepticism when he tried to raise money for his Credit Opportunities fund in 2005. The original amount raised was only $150 million, mainly from European investors. The fund was invested in cheap -- at the time -- credit-default swaps on mortgage bonds, and later, in outright short positions of the various ABX indexes, which track the performance of different vintages of mortgage securities. The fund also sold short risky slices of CDOs, which in the end completely evaporated in value. In a CDO structure, profits trickle down from the top, while losses on mortgages are first absorbed by the lower-rated tranches. If there are large losses -- as there were in this case -- the lower-rated tranches completely disappear as the losses are being absorbed.
ETF BASIC NEWS May 29, 2009 11:59am

Will Gaming ETF (BJK) And Las Vegas See A Comeback?

gamblingThere are bits and pieces along the Vegas strip that still remind people of the recession, however, one big new attraction is still set to open on time despite a slowdown in markets and exchange traded funds (ETFs). The CityCenter is one of the largest privately financed developments in the United States. The $8.5 billion city within a city is set to open later this year. Allison Gregor for The NewYork Times says this 67-acre development on the Strip consists of six towers with 2,392 apartments, as many as 5,900 hotel rooms, a casino, a shopping center and an entertainment complex.
NYSE:BJK May 29, 2009 9:56am

Why the Sunshine in Solar Stocks?

solarThe answer lies in the rise in oil prices. Crude prices have risen above $64/barrel, US Oil Fund ETF (NYSE:USO) is up more than 5%, and solar stocks are following along for the ride. The sentiment seems to be that demand for oil will translate into demand for energy from all sources. Even coal miner
ETF BASIC NEWS May 29, 2009 9:31am

When ETFs Die, It’s Not a Bad Thing

ETF BASIC NEWS May 29, 2009 9:23am

ETF Securities application for US platinum and palladium funds faces stiff opposition

platinum11ETF Securities is pushing for the creation of the first-ever US exchange-traded platinum and palladium funds, Reuters reports today (27th May). A recent report by Johnson Matthey revealed that platinum demand declined by five per cent to 6.35 million ounces last year, representing the first decline since 1999.
ETF BASIC NEWS May 29, 2009 8:54am

Playing The Bank Bounce with ETFs: KBE, XLF

ETF BASIC NEWS May 29, 2009 8:48am

Silver poised for biggest monthly gain in 22 years; gold rises (SLV, GLD)

goldandsilverSilver futures gained more than 2% Friday, heading for their biggest monthly gain in 22 years as inflation worries and hopes for an economic recovery boosted the metal. Gold rose to three-month highs as the dollar slipped.
ETF BASIC NEWS May 29, 2009 8:34am

Hidden ETF Trades: Infrastructure & Engineering Plays (PMNA)

ETF BASIC NEWS May 29, 2009 8:25am

Pimco To Make Splash In ETF Business

pimcoIn a move that could shake up the clubby exchange-traded fund business, bond giant Pacific Investment Management Co. is poised to launch its first ETF early next week.
ETF BASIC NEWS May 28, 2009 5:01pm

Invest In The Brazilian ETF Now!

brazilThe Brazilian stock market is on fire right now and they are immune to a lot of the ills that America is suffering from, like exposure to toxic assets.  Make sure you put a small portion of your portfolio into emerging markets like Brazil. My article for Investor’s Daily Edge on 04/09/09 recommended the iShares MSCI Brazil Index (EWZ).  This Exchange Traded Fund holds a nice basket of Brazilian stocks and seeks to mirror the Brazilian stock market as measured by the MSCI Brazil index. If you took my advice, you’d have seen a big short-term gain as the Brazilian ETF rose over 22% in less than two months.  Our staff here at Investor’s Daily Edge strives to give you information that can help you accumulate wealth and enhance your financial well-being. 
NYSE:EWZ May 28, 2009 1:48pm

Leveraged ETF’s Weigh Bank Preferred Redemptions

bankThe triple-leverage financial ETFs of Direxion Daily Financial Bull 3X Shares (NYSE: FAS) and Direxion Daily Financial Bear 3X Shares (NYSE: FAZ) are getting to deal with yet another potential wrench in the machine: preferred share redemptions from major banks.  This will also pose a potential issue for the Ultra Financials ProShares (NYSE: UYG) and the UltraShort Financials ProShares (NYSE: SKF) ETFs that trade at double-leverage of the Dow Jones U.S. Financials index. The PowerShares Financial Preferred (NYSE: PGF) is the ETF that specifically tracks the preferred shares of financial stocks.  This can also be impacted, although we would note that this ETF here has five of its top ten holdings which are European bank preferred shares and the top ten holdings are over half of the ETF.
NYSE:FAS May 28, 2009 1:07pm

Yale Endowment Portfolio Heavy on International ETFs

internationalAccording to Bloomberg, Yale's endowment "was valued at $17 billion in December, a decline of -25% since June 30." The value of the Harvard endowment dropped by -22% over that period.
NYSE:EEM May 28, 2009 11:13am

Dialing Up Some Trading Opportunities in Telecom ETF’s

telecomCommunication has been revolutionized by the latest generation of cell phones and other mobile gadgets, including Apple's iPhone and the Blackberry from Research In Motion Limited, but the telecommunications sector has largely failed to capitalize on mankind's addiction to the cell phone. The Telecommunications HOLDRS Trust (TTH: sentiment, chart, options) has suffered a rough year, as the exchange-traded fund (ETF) has dropped more than 10% since the start of 2009, easily underperforming the broad market. In fact, TTH has been locked in a sharp decline since October 2007, falling under resistance at its 200-day moving average. From a sentiment perspective, options players have high hopes for a rebound in the trust. The Schaeffer's put/call open interest ratio (SOIR) for TTH stands at an annual low of 1.35, indicating that short-term options speculators have not been more bullishly aligned toward the ETF at any other time during the past year. A shift in sentiment toward the bearish end of the spectrum could create a fresh wave of selling pressure for the group.
NYSE:TTH May 28, 2009 11:01am

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