ETF Top Gainers – Biggest Monthly Rally Since 1974
Euphoria over European debt crisis proposals continued this week, as well as additional positive news about strengthening of the U.S. economy, fueling the biggest monthly market rally since 1974. The DOW gained 339 points to close above 12,000 at 12,208. Top ETF gainers for the past 4 weeks include: ERX Direxion Daily Energy Bull 3x Shares +58.9% [...]
ERX Among Leading Daily Gainers
ERX, Direxion”s Daily Energy Bull 3x Shares (ERX), is currently among today’s leading gainers in the leveraged ETF sector, as the energy sector rebounds, posting an intraday range thus far of 51.77 to 53.33, currently trading near 53 per share, up mid day over 5% relative to yesterday’s close. Leveraged bull and bear oriented ETFs [...]
Volatility in Silver ETFs
Renewed volatility in the Silver ETFs hit the markets Monday with the leveraged long silver ETF (ZSL) gaining 16%, while the inverse leveraged silver (AGQ) closed down 29 points for a loss of 15%. AGQ is down more than 200 points from its high in late April of 382.
ZSL Leads Top 100 Gainers as Silver Falls
ZSL the Proshares UltraShort (leveraged inverse) silver ETF led the ETF market’s top 100 gainers on Wednesday, with a gain of 15.5%. ZSL has posted a gain of 2 week gain of 58.9% due to the sharp decline of silver prices from recent highs. For more information about ZSL please click here.
Proshares Launches ETF To Hedge Against TIPS Declines
ProShares announced launch of first ETF offering inverse exposure to US Treasury Inflation-Protected Securities (TPS). The ETF aims to offer -2x of the daily return of the index it follows – the Series-L, Barclays Capital U.S. Treasury Inflation Protected Securities Index. The promised rate of return has been calculated before deducting fees, expenses and other [...]
ProShares Launches First Long/Short RAFI ETF – Offers Access to Absolute Return Strategy
BETHESDA, Md.–(BUSINESS WIRE)–ProShares, a premier provider of alternative exchange-traded funds (ETFs), announced the launch of ProShares RAFI® Long/Short (RALS). The ETF, the first dedicated fund that offers a long/short strategy based on Research Affiliate’s pioneering Fundamental Index (RAFI®) methodology, lists on NYSE Arca today. The RAFI approach uses fundamental measures of company size—sales, dividends, cash [...]
