Exchange Traded Notes (ETNs) have been on the market since 2006, but many investors have shied away from them for various reasons. Let’s revisit the idea of ETNs by taking a look at “ETNs Are Back, Warts And All:” Exchange-traded notes are back, even as investors still worry about the risks that caused a stampede from these vehicles during the …
ETFs Rally In The Face Of Weak Economic News
No sense in figuring out yesterday’s market behavior. All major market ETFs rallied all of a sudden at mid morning for no obvious reason other than that the S&P 500 bounced off its 50-day moving average; a bullish sign. Let’s face it, economic news was miserable.
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 …
Nervous Times In The Market
Despite the Nikkei rally on Wednesday, the domestic markets did not participate at all as the chart above shows (courtesy of marketwatch.com). Broadly diversified international ETFs, like VEU, fell further (-2.68%) then the domestic market as represented by SPY (-1.86%). It was nervous time as the news from Japan in regards to their nuclear power plants continued to be spotty …
Nikkei Loses 16% in 2 Days—Domestic Losses More Modest
Uncertainty surrounding the Japan natural disasters, and unknown consequences from the affected nuclear facilities, pushed the Japanese Nikkei down by over 1,000 points in early trading yesterday. The domestic indexes followed the path down but to a lesser degree and staged a nice recovery as the chart above shows. The market reaction was based on only scant news reports but …
Bouncing Off The Lows
Yesterday started out to be a difficult day in all of the global markets as the Nikkei sank some 6% in the aftermath of Japan’s devastating earthquake and tsunami. The domestic major indexes pulled back right after the opening as well, but the drop was contained in terms of magnitude. Mid-day buying kept the damage limited with the S&P; 500 …