This Week In ETFs: November 4th Edition

by on November 4, 2012

It has been as slow week in the U.S. markets after Hurricane Sandy wreaked havoc on the east cost, not only forcing the New York Stock exchange to close for two days, but leaving millions still without power, fresh water or food. FEMA stepped in immediately and has flown thousands of utilities and infrastructure repair workers in from unaffected states. With only two more days until the election the political campaigns were put on the back burner, but after a less-than-ideal jobs report came out Friday the pundits returned more savage than ever. After taking Wednesday to adjust to global and commodity markets, the major indexes all jumped on Thursday, but faltered after jobs numbers didn’t improve as much as expected, along with reports of low earnings in energy companies; Chevron alone fell 33% from this time last year [see 3 ETFs In Focus As Election Nears].

Due to the closure of the NYSE, six funds from issuers Pyxis and RBS have delayed their launch dates but are expected to open in the near future.

Below we outline the three best stories from around the ETF space this past week:

 1. An Easy ETF Of Superstorm Sandy Stocks at Forbes:

In the wake of Sandy’s destruction, hundreds of companies have dispatched thousands of workers to the worst affected areas to speed up repairs. Investors now have to look beyond this tragedy into the opportunity to regain some of the funds they may have lost to storm repairs or evacuation. Matt Schifrin discusses a DIY ETF that could give insight into the short and long-term effects of the disaster and which companies have thrived in past recovery effects.

2. ETFs To Hedge Rising Food Prices at ETF Trends:

After a dry summer and poor returns already for commodity investors, it looks like the future is not getting brighter any time soon. Around the globe, agriculture prices are already up; combined with a predicted early cold snap and drought still plaguing not only the United States but commodity giants around the world, the food shortage will likely only continue. Tom Lydon outlines which ETFs to stock up on so investors will have the extra income to spend on the rising cost of groceries.

 3. Vote For Obama or Romney With These ETFs at ETF Database:

With the election finally only a few days away the parties have been working non-stop to make it clear that their opponent is the wrong man for the job. These differing opinions, as always, bleed into the ETF universe, and while some funds may benefit for four more years, others are looking for a five point plan push. Daniela Pylypzak has the best ETFs to investigate casting your ballot for a Democrat or Republican nominee.

Disclosure: No positions at time of writing.