Internet

The advertising business is incredibly cyclical, and investors are looking to the PowerShares Dynamic Media ETF (PBS: Quote, Profile, Advanced Chart, News) to forecast the future for the economy. With earnings for media conglomerates soon due, investors expect to get an accurate read on whether businesses are preparing for recovery. The PowerShares Dynamic Media ETF [...]

With newspapers giving way to blogs and tangible goods losing steam to digital products, internet ETFs are a shining star amid a tough recession. As brick and mortars struggle to capture consumers, dotcom companies are luring shoppers with discounted products and bolstering their bottom lines. The First Trust DJ Internet Index Fund (FDN: Quote, Profile, [...]

Despite the volatile market, there may be one shining investment vehicle, at least according to Kevin Mahn, manager of a Lipper Mutual fund. Mahn finds that Merrill Lynch’s Internet HOLDRS ETF is suited well for an economic recovery. Thus far, Merrill Lynch’s Internet HOLDRS is up more than 27% for the year, due in part [...]

As Yahoo faces a dramatic decline in earnings in the third quarter, and large layoffs perhaps there is no better time to review two internet ETFs which both include Yahoo in their holdings. Internet Holdrs Trust (HHH: Quote, Profile, Advanced Chart, News) which first began trading in September 1999, hit new a 52 week low [...]

Despite seven of twelve components of Internet ETF (HHH) trading higher, heavily-weighted Yahoo experienced a sizable decline and forced the fund down with it. Tomi Kilgore of Thomson Financial reports that Yahoo suffered an 11% drop in value after potential transactions with Microsoft ‘have concluded.’ Microsoft made the announcement that it was no longer interested [...]

Beginning June 12, 2008, Invesco PowerShares is ready for debut of its two newest ETF portfolios. The Market Wire press release identifies the two ETF portfolios as PowerShares NASDAQ-100 BuyWrite Portfolio (PQBW) and PowerShares Nasdaq Internet Portfolio (PNQI). PQBW tracks the NASDAQ-100 Buy/Write Index, which takes the position of holding a NASDAQ-100 indexed portfolio while [...]

Though Japan’s ETF had been downward trending for nearly two years, the fund has experienced a reversal and has shown strength since March. The recent upward momentum has taken iShares MSCI Japan Index ETF (EWJ) to a five-month high, which is an 18% recovery from its 52-week low of 11.53, according to Trang Ho of [...]

Out of nearly 700 ETFs tracked by TheStreet.com, the HOLDRs B2B Internet ETF (BHH) took first place for returns in April. The ETF, which originated in the year 2000, jumped up almost 30% during the month of April. Richard Widows of TheStreet.com warns, however, that this “business to business” fund violates the basic characteristics of [...]

With Microsoft pulling its bid to buyout Yahoo, two-thirds of the Internet industry took a hit and lost some value. In the Thomson Financial article, Tomi Kilgore acknowledges that the Internet Holdrs ETF (HHH) fell 4% but most notable is the intraday drop to $54.16. That was nearly a 7% decline, and a low not [...]