ETFs Most Sickened By Swine Flu Fears

Mexico and airlines led ETFs south Monday on fears the swine flu crisis could deepen the global recession. The worst-hit industry, as tracked by Claymore/NYSE Arca Airline (NYSEArca:FAA – News), plunged 11% as the U.S. declared a public health emergency and discouraged nonessential travel to Mexico. The ETF experienced its steepest one-day dive since it […]

Watch the ‘Mexico ETF’ Fall (EWW)

Mexico’s economy is in serious trouble, tourism was already hurting thanks to the recent drug trade violence, the peso has never been more volatile, and now you add the Swine Flu to the mix?!  Don’t forget about Mexico City’s 5.6 magnitude earthquake a few hours ago.  The downfall of the iShares MSCI Mexico Inv. Mt. Idx. (ETF) (NYSE:EWW) […]

Will Gold Get the Flu? (GLD, GDX, IAU)

Gold is not being used by industry right now and demand for jewelry remains highly unexciting, but many traders are still using the shiny metal stuff for the ultimate flight to safety for protecting against uncertainty and inflation. Some ETFs we track, SPDR Gold Shares (NYSE:GLD), Market Vectors Gold Miners ETF (NYSE:GDX), and iShares COMEX […]