Direxion Introduces Four New Leveraged ETFs
Direxion, the ETF issuer known for its bull and bear leveraged funds, has just launched another four ETFs with double exposure. The new ETFs will provide long and short access to both the retail and natural gas industries. The following are the four recently launched funds: 1. Direxion Daily Retail Bull 2X Shares (RETL) 2. [...]
Retail ETF Options Register Bullish Outlook
Option traders active in the SPDR Retail ETF (XRT: Quote, Profile, Advanced Chart, News) indicate they are looking for a sustained rebound for the once battered sector. Large bullish trades encompassing more than $42 million in stock popped onto activity radars around the world. Calls with a strike price of $42 and an expiration in [...]
ETFs Point to Lower Stock Prices
Following a bullish start to 2010, a quick three-day plunge shows investors are still playing defensively. Investors placed bearish put option bets worth more than $1.2 billion in stock on several top exchange-traded funds. A total of 400,000 contracts were traded in the Materials Select Sector SPDR fund (XLB: Quote, Profile, Advanced Chart, News), the [...]
Retail ETF Rings Up Hefty Option Action
The SPDR S&P Retail ETF (XRT: Quote, Profile, Advanced Chart, News) experienced on Wednesday a trade of three times its average daily options volume. The purchaser is hoping the fund will remain near its highs for as long as six more months. The fund is already trading near its 52-week high, as investors get over [...]
Investors Bet on Santa’s Gift of Retail Profits
Investors shrugged off fears of weak fourth quarter retail sales and poor weather conditions to make large investments on a profitable holiday season. The SPDR Retail ETF (XRT: Quote, Profile, Advanced Chart, News) wasn’t shy on Santa’s spending predictions. The ETF generated returns of 6% in December alone, with a quick 3% gain in the [...]
Prepping an ETF Play for an Oddly Calm Climate
Investors are looking at the current stock market climate, finding it calm in contrast to the volatility of last year’s price action. Using ETFs, investors can take advantage of limited volatility to earn a profit when the volatility returns. The iPath S&P 500 VIX Short-Term Futures ETN (VXX: Quote, Profile, Advanced Chart, News) offers investors [...]
Retail ETFs Register Unscathed Growth
The global recession has changed the face of retail dramatically, as large tech retailer Circuit City and home décor seller Linens ‘n Things both shuttered in a changing climate. Overall, however, the retail industry is still strong, helped dully by the same factor that sent many companies into bankruptcy. Thus far, the growth of the [...]
Eight State Street ETFs to Be Rebalanced on S&P Procedural Change
State Street Global Advisors will rebalance eight of its most popularly traded Standard and Poor’s based funds to comply with new procedural changes. The funds will be rebalanced based on equal weighting from the closing price on June 12. The revised portfolios will be completed by June 19, according to the press release. The following [...]
Eight State Street ETFs to Be Rebalanced on S&P Procedural Change
State Street Global Advisors will rebalance eight of its most popularly traded Standard and Poor’s based funds to comply with new procedural changes. The funds will be rebalanced based on equal weighting from the closing price on June 12. The revised portfolios will be completed by June 19, according to the press release. The following [...]
Internet ETFs Best Positioned For Recovery
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 [...]
