ETFs that Cook in the Summer Heat
Some sectors are seasonal, and a few fare better in the summer than any other time during the year. Here is a brief list of the ETFs that heat up as summer begins. With oil on the top of everyone’s mind following a spill in the Gulf of Mexico, Claymore/Aphashares Global Solar Energy Index ETF [...]
Direxion Skirts SEC Hold to File 36 Funds
Planning for the future, Direxion has filed with the SEC to create 36 new funds. 34 of these will be bullish and bearish triple leveraged funds, all pending during the heat of a SEC review. Following the popularity of geographically centered ETFs, many of the new funds will be leveraged around a portfolio of stocks [...]
Airline ETF Soars off the Performance Runway
Often seen as a leading indicator of overall commerce and business spending, airline ETFs are leading the overall stock markets. The Claymore Airline ETF (FAA: Quote, Profile, Advanced Chart, News) has posted gains of 73% since last summer. After the entire sector nearly plunged into bankruptcy after 9/11 and fought off higher oil prices in [...]
Vaccinate Your Portfolio from the Swine Flu Pandemic
The stock markets have already begun exhibiting symptoms regarding the swine flu. Investors sent airline, retail and travel stocks and ETFs lower as analysts worried that consumers might change their buying habits should a worldwide pandemic ensue. Exchange-traded funds allow investors to better invest in changing market conditions, acting upon world events more quickly and [...]
Airline ETFs Nosedive on Swine Flu Pandemic
Today’s earnings reports may be Wall Street’s last concern. Popular airline ETFs plunged as the swine flu pandemic threatens international relations and business travelers. Increasing international tensions regarding travel have investors worried. Ahead of the bell, the European Union warned travelers to avoid the United States and Mexico, while the State Department is expected to [...]
First Global Airline ETF Takes Flight
The global airline industry has never been so accessible to investors until now. Based on an index that captures the popular passenger airline companies, a new ETF called the Claymore/NYSE Arca Airline ETF (FAA: Quote, Profile, Advanced Chart, News) has just begun trading on the NYSE Arca, according to a Business Wire press release. The [...]
Record High Crude Prices Putting Brakes on Transportation ETF
With crude oil hovering around an all-time high of $123/barrel, the Forbes article by Thomson Financial points out 19 of 20 stocks within the industry tracking ETF have fallen. In other words, the iShares DJ Transportation Average ETF (IYT) has seen 95% of its holdings show some signs of weakness during this record increase in [...]
