From the category archives:

ETFdb 60 Index

Equity markets started off the final trading week of the year on a mixed note,  with many taking profits and locking in gains, while some cheered on the positive economic data at home. The holiday weekend wasn’t enough to inspire a full-scale Santa Claus rally like many had hoped ; the Nasdaq led with way higher, clinching a 0.25% gain, while the Dow Jones Industrial Average Lagged Behind, turning in a loss of 0.02% on the day. Gold futures inched lower as stock markets drifted sideways, with prices for the precious yellow metal settling near $1,595 an ounce as the trading session drew to a close [see ETF Insider: Slick Picks For Year End Bulls].

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Equity markets around the globe plunged lower as ongoing Euro zone debt woes continue to weigh down on investor’s confidence, while resurfacing deficit drama in the U.S. only added to the growing cloud of uncertainty. The Dow Jones Industrial Average led the way lower, plunging 2.11% on the day, while the S&P 500 was the most resilient of the domestic equity indexes, shedding 1.87%. Profit taking was abundant across every corner of the market and even gold failed to take on safe haven appeal. Futures prices for the precious yellow metal broke below the $1,700 level, settling near $1,680 an ounce as the trading session drew to a close.

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In late 2009, ETF Database introduced the ETFdb 60 Index, an all-ETF composed of the largest ETF from each of our proprietary ETFdb Categories. Excluding leveraged and inverse funds, the index consists of 60 components funds spread across several different asset classes. The index is an equal-weighted benchmark, assigning an equivalent allocation to each holding […]

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After trading lower for much of the day, U.S. equity markets closed higher on Thursday, as the Dow put some breathing room between itself and the 10,000 level. Investors closely monitored several high profile earnings reports, most of which met or beat Wall Street’s expectations. Google’s third quarter net rose 27% to $1.64 billion, while […]

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ETFs have experienced a tremendous surge in popularity over the last several ways, edging into retirement portfolios once dominated by mutual funds, and becoming an attractive alternative to individual stocks for investors looking to make short term bets. Despite the meteoric rise of the ETF industry, the vast majority of indexes followed by the investment […]

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