There was some slippage in the market, and those exchange-traded funds (ETFs) representing the major indexes (DIA, QQQQ and SPY) pulled back a little. After the recent rebound, it’s no surprise that that the markets took a breather, but it could also have been a case of exhaustion. In the last 23 trading sessions, for example, the Dow (DIA) had …
ETFs Pop On Merger News—SPY Gains 1.55%
Who cared about global hotspots and disasters? Yesterday, it was all about merger mania and excitement over AT&T’s intention to buy T-Mobile U.S.A. for $39 billion. The markets jumped right out of the gate, as the chart above (courtesy of marketwatch.com) shows. The ETF equivalent of the S&P 500, SPY, added +1.55%, slightly more than its underlying index, while small …
ETFs That Could Benefit From Japan’s Rebuilding Process
Japan will need to bounce back from its tragedy; no question about it. Are there any ETFs you could invest in that cover the rebuilding effort? According to MarketWatch, “Buy what Japan needs to rebuild:” The tragedy in Japan is still unfolding, and the extent of the devastation is uncertain, but there will come a time when the country will …
A New Yield Enhancing ETF (ALD)
With interest rates hovering at all time lows, the generation of income remains a problem for many investors. Let’s take a look at “Wisdom Tree Launches Asia Debt ETF (ALD):” Thursday marks the first day of trading for the WisdomTree Asia Local Debt Fund (ALD), an actively-managed ETF offering exposure to debt of a dozen developed and emerging Asia Pacific …
Uranium ETFs Hammered
In view of last week’s event in Japan, it’s only logical that “Uranium ETFs Slammed While Solar ETFs Rally in Wake of Japan Nuclear Blasts:” It should come as no surprise that Uranium stocks are down with the predictable anti-nuclear backlash coming worldwide in the wake of the events unfolding in Japan. One question is whether the market reaction is …
Should You Buy Any ETFs On Dips Now? How About EWJ?
Dip Buying was alive and well at least in one area of the market. I guess it was simply too tempting for investors to see a big drop in Japanese stocks and not get involved via an ETF like EWJ. Index Universe reports that EWJ drew in $650 million in assets last Tuesday despite the broad sell off. While the …