After a miserable four day stretch, markets were able to open higher yesterday, as Alcoa started off earnings season with a positive report. For the next few weeks, the biggest and most important companies in the country will be shedding light on their performance in what was the best first quarter in roughly 14 years. Investors are hoping for some optimism, as the past few days have seen the bull train derailed as selling pressures have mounted. That optimism will have to come from strong earnings, as it seems that European fears are starting to heat up yet again [see also Tech ETFs In Focus: Highlighting Some Hyper-Targeted Options]. [click to continue…]
UBS, the issuer behind one of the broadest lineups of ETNs available to U.S. investors, continued the aggressive expansion of its product lineup this week with the introduction of two unique offerings. The company rolled out a pair of blunt instruments designed to be used in high level “risk on / risk off” trades, a [...]
by Eric Dutram on October 10, 2011 | Updated October 14, 2011
Although stocks started off last week on a down note thanks to growing worries over Europe, markets staged a late session rally in Tuesday trading and carried this into Wednesday and Thursday as well. These gains came on hopes for government support for euro zone banks coupled with relatively solid data from American markets to [...]
The growth of the ETP lineup to 1,300 products and beyond has been fueled largely by the development–and success–of funds other than the “plain vanilla” offerings that offer exposure to well known stock and bond indexes. As the ETF industry has grown in size, it has also become more granular in nature; many of the [...]
UBS rolled out two new ETNs on Thursday, debuting products that offer exposure to Internet-related companies that have recently completed an initial public offering (IPO). The new ETRACS Internet IPO ETN (EIPO) is linked to the UBS Internet IPO Index, a benchmark that consists of companies that maintain operations focused on the Internet that have [...]
The Independence Day-shortened week was a tumultuous one for markets as stocks stayed flat for much of Tuesday and Wednesday only to soar higher in Thursday’s session on hopes of a jobs recovery. Unfortunately, this was quickly dispelled by a horrendous June jobs report which saw just 14,000 jobs created in the month, helping to push the national [...]
In the early days of the ETF industry most of the products were broad-based equity funds that offered exposure to domestic and international stock markets. But as ETFs have gained market share and become more popular with both buy-and-holders and more active traders, products have become increasingly specialized. Since the debut of the sector SPDRs [...]
Despite sub-par economic growth and a lack of jobs, equity markets have been surging over the past few months as investors have scooped up beaten down equities in hopes of riding the recent trend to robust gains. No more has this been true than in the technology sector where a variety of large companies seem [...]
Trading volumes have slumped on Wall Street in recent sessions, as most investors have waited anxiously for another earnings season to give the markets direction and offer an assessment of the recovery. This season got off to a hot start; aluminum manufacturer Alcoa and train operator CSX posted solid earnings, which helped to buoy the [...]
Microsoft reported solid earnings earlier today, sending shares more than 7% higher in early trading. Although sales were down more than 14% compared to last year and net profits fell more than 18%, investors were encouraged by strong early results for Windows 7 (which created $1.5 billion in deferred revenue from customers who bought a [...]
The sale of Skype that was rumored last week appears to be close to reality, as San Jose-based company eBay is poised to sell the company to a group of investors headed by private equity firm Silver Lake Partners. Under the terms of the deal, eBay will receive about $1.9 billion in cash and a [...]
