NYSEArca:XLB, NYSE:DD, NYSE:MON, NYSE:NEM, NYSE:FCX, NYSE:DOW, NYSE:UYM
NASDAQ:IBB, NYSE:UYM, NYSE:IWM, NASDAQ:QQQ, NYSE:SPY, NYSE:DIA
NYSE:XLV, NYSE:IHF, NYSE:XHB, NYSE:UXI, NYSE:UYM, NYSE:ROM
The major indices ended Monday’s session mixed on very light volume. For the seventh consecutive session stocks meandered in a tight range. The small-cap Russell 2000 showed the
David Fry From ETF Digest goes into detail on two material sector ETFs discussing the Materials Select Sector SPDR ETF (NYSE:XLB) and the ProShares Ultra Basic Materials ETF (NYSE:UYM)
Tuesday’s trading session saw a familiar scenario play out. The mass media has been broadcasting this round of Federal Reserve action in the form of Quantitative Easing (dubbed QE2) as being the
The ProShares Ultra Basic Materials ETF (NYSE:UYM) tracks the performance of a basket of stocks in the materials sector. This ETF has taken beating from it’s April high of $39.47, down as
“The last few years have seen a proliferation of leveraged investment funds. First 2x, then 3x the daily performance of any number of indexes were offered by several ETF providers. Moreover, investors could choose
Wolf Haldenstein Adler Freeman & Herz LLP today filed a class action lawsuit in the United States District Court, Southern District of New York, on behalf of all persons who purchased or otherwise acquired
The markets seem certain in forecasting a recovery in the economy, which could cause inflation in the immediate future. Inflation refers to the increase in the money supply, and in economics inflation is a rise in the general level of prices of goods and services in an economy over a period of time.
Alcoa the Pittsburgh-based aluminum producer beat Wall Street’s top and bottom line expectations for the second quarter, providing a hopeful sign in the unofficial kickoff to earnings season.
Andrew Leckey from the Chicago Tribune interviewed a few people, including Jack Kasprzak from BB&T Capital Markets, to determine why basic-materials stocks have been a hot investment in recent months. Jack stated “About $29 billion in the U.S. stimulus package is dedicated to road construction, and about half that money has specific time deadlines
Inflation is an inevitability; we wrote about this back earlier this month in our article “INFLATION WILL MAKE UYM A 10 BAGGER BY THE END OF 2009!” Glenn Beck of “Fox News” has a great chart presentation that describes where the value of our money is headed. With a devalued dollar hard assets will be […]
Commodities: Crude Oil, Gasoline Decline Most commodities were weaker in the U.S. Monday, with the majority of agricultural futures joining energy and metals on the downside. Crude oil dropped $3.97 to $48.41 a barrel at the New York Mercantile Exchange, and reformulated gasoline was off 11 cents at $1.38 a gallon. Heating oil lost 9 […]
The markets could be on the brink of turning, which makes ETF-UYM my pick of the year for 2009. The price of materials could surge by year’s end as inflation kicks in to possible hyperinflation. The more the federal government prints money, the faster I will put my money in UYM making it a 10+ […]