ETF Database » VXX

Daily ETF Roundup: GDX Soars With Gold, VXX Creeps Lower

Stoyan Bojinov — Wed, 23 May 2012 23:03:13 +0000

Equity markets took investors for a roller-coaster ride today as selling pressures in the morning were eventually overturned by bullish fever in the afternoon. On Wall Street, the Nasdaq charged ahead, gaining 0.39% on the day, while the Dow Jones Industrial Average just barely missed the green, settling 0.05% lower as the trading session drew to a close. Gold and oil both climbed higher amidst the flurry of trading activity; futures prices for these commodities settled near $1,560 an ounce and $90.50 a barrel respectively [see also 101 ETF Lessons Every Financial Advisor Should Learn]. Investors cheered on better-than-expected housing market data on the home front. New home sales in April came in at 343,000 versus the expected 335,000, while also sailing past last month’s reading of 332,000. FHFA home prices data also painted an optimistic look for the domestic real estate recovery; this figure came in at 1.8%, easily [...]

Click here to read the original article on ETFdb.com.

Daily ETF Roundup: VXX Springs Higher, EWZ Gives Up Gains

Stoyan Bojinov — Tue, 22 May 2012 22:36:40 +0000

Domestic equity markets got off to an encouraging start, only to give into profit-taking pressures in the final hours of trading. Major indexes ended up in red territory as escalating worries that Greece would exit the euro weighted on investors’ confidence. On Wall Street, the S&P 500 Index came out on top, clinching a gain of 0.05% on the day, while the Nasdaq settled in red territory, shedding 0.29% on the day. Gold and oil finished lower as well; futures prices for these commodities settled near $1,565 an ounce and $91.40 a barrel respectively [see also 3 ETF Trading Tips You Are Missing]. Stocks kicked off the day with a rally as investors cheered on the latest housing market data. Existing home sales in April came in at 4.62 million, inching past analyst estimates of 4.60 million as well as the previous month’s reading of 4.47 million. On the international [...]

Click here to read the original article on ETFdb.com.

Daily ETF Roundup: GDX Snaps Higher, VXX Corrects Lower

Stoyan Bojinov — Mon, 21 May 2012 22:43:37 +0000

Investors came back in a buying mood after the weekend following last week’s absolutely dismal performance on Wall Street. Major equity indexes managed to snap out of their losing streaks to kick-off the week; the Nasdaq soared ahead, gaining an impressive 2.46% on the day, while the Dow Jones Industrial Average lagged behind, clinching a 1.09% gain as the closing bell rang. Crude oil rallied alongside stocks today as well; futures prices for the fossil fuel gained upwards of 1% on the day, settling near $93 a barrel as the trading session drew to a close [see also Using ETFs To Measure Interest Rate Risk]. With no major economic data releases on the home front today, investors took the time to bargain shop. The Chicago Fed Index came in worse-than-expected, although the data release went largely unnoticed as the comeback on Wall Street stole the headlines. With no real news [...]

Click here to read the original article on ETFdb.com.

Daily ETF Roundup: GLD Takes Another Leap, VXX Leaps Higher

Jared Cummans — Fri, 18 May 2012 22:00:10 +0000

Today saw markets turn south as investors continue to lose confidence in general markets. The biggest story on the day was the relatively lackluster performance from Facebook (FB), as the social networking giant made its IPO. While a number of tech IPOs over the last few months have opened with stellar gains, FB finished the day almost entirely flat, despite trading at a volume of nearly 600 million. The S&P 500 dropped 0.7% while the Dow lost around 73 points. But no major benchmark was hit as hard as the Nasdaq, which lobbed off 1.2% [see also Updated: Which ETFs Will Own Facebook (And When)]. On the commodities side of things gold continued its rally while crude oil continued to bottom out. With prices rapidly approaching $90/barrel it seems that an entry point may be days away and that technical buyers may step in to relieve the commodity of its [...]

Click here to read the original article on ETFdb.com.

Daily ETF Roundup: VXX Pops With Uncertainty, GDX Drops With Gold

Stoyan Bojinov — Tue, 15 May 2012 22:00:59 +0000

Greek drama is the name of the game. Selling forces prevailed for yet another day on Wall Street as uncertainty climbed following the latest decision to host another round of elections in Greece. On the home front, the S&P 500 Index led the way lower, sinking by 0.57% on the day, while the Nasdaq proved most resilient, shedding just 0.30%. Gold and oil extended their losses as well, settling near $1,545 an ounce and $93 a barrel respectively [see also How To Hedge For A Market Correction With ETFs]. Better-than-expected economic data releases on the home front went largely unnoticed given the clouds of uncertainty looming over Europe. On the home front, retail sales grew by 0.1% in April, sailing past analyst estimates which called for a flat reading. The Empire State Index came in at 17.1, blowing past estimates of 9.5, as well as the previous reading of 6.6. To top [...]

Click here to read the original article on ETFdb.com.

Daily ETF Roundup: VXX Jumps On Greek Woes, EWZ Slides With Petrobras

Stoyan Bojinov — Mon, 14 May 2012 22:22:08 +0000

Stocks on Wall Street extended their losing streak from last week as the ongoing political gridlock in Greece continues to weigh down on investors’ confidence. On the home front, profit taking pressures hit the S&P 500 Index the hardest, dragging it down by 1.11% on the day, while the Dow Jones Industrial Average fared slightly better, shedding 0.98% on the day. Amidst the looming uncertainties, gold also fell victim to profit taking; futures prices for the precious yellow metal slid roughly 2% on the session, settling near $1,560 an ounce [see also ETF Insider: Beware Of Bargain Shopping]. With no major economic data releases taking place on the home front this Monday, investors focused their attention overseas, where developments remain clouded with uncertainty. Madelynn Matlock of Huntington Asset Advisors, commented, “The whole European political situation is really the focus at this point. Nobody really knows what’s going to happen next and the market [...]

Click here to read the original article on ETFdb.com.

Hitchhiker’s Guide To The ETF Galaxy

Michael Johnston — Mon, 14 May 2012 13:00:23 +0000

At times, it seems as if the number of ETFs available to U.S. investors will soon exceed the number of stars in the sky. That might be overstating things a bit, but the pace of expansion in the ETF industry has truly been impressive over the last several years. With multiple products seemingly debuting every week and very few shutting down (despite countless predictions to the contrary), the size of the ETF lineup has effectively doubled in a relatively short period of time. And there’s no indication that the product development front is going to be slowing down any time soon; issuers continue to file for both innovative and duplicative products, producing a pipeline full of hundreds of funds that could debut at some point in the next several months [see also 3 ETFs For A Euro Zone Double-Dip]. The proliferation of ETFs, ETNs, and other exchange-traded cousins of these [...]

Click here to read the original article on ETFdb.com.

Daily ETF Roundup: VXX Preys On Choppy Trading, XLF Sinks on JPM Losses

Jared Cummans — Fri, 11 May 2012 22:00:31 +0000

Markets were on a wild ride today as a number of conflicting data points pushed and pulled major equities in either direction. Eventually, the bears took over and most major benchmarks ended the week down, capping off another losing week on the street. The Dow lost 34 points and the S&P 500 surrendered 0.34% in today’s trading while the Nasdaq squeaked out a 0.01% gain. Although consumer sentiment was better than expected for the day, news of JP Morgan’s astronomical trading losses were enough to spook investors [see also 3 ETFs For A Euro Zone Double-Dip]. On the commodity side of things crude oil continued to take a beating as it lost 1.5% in trading. This marks a near two-week wallop for the fossil fuel as it has failed to establish any positive momentum in recent sessions. Gold also saw big losses on the day, creating a very enticing buy for those who believe [...]

Click here to read the original article on ETFdb.com.

Daily ETF Roundup: UNG Jumps, VXX Falls

Jared Cummans — Thu, 10 May 2012 22:00:30 +0000

Today’s session was no barn-burner by any means, but at least we got to see major benchmarks finish in positive territory and snap a six day losing streak. The Dow squeezed out gains of 20 points while the S&P 500 jumped by about 0.3%. Markets were lifted upwards by better than expected jobless claims on the day, as investors hope to see hiring pick up for the month of May after a disappointing result for last month. But while stocks were able to conjure up a decent day, commodities faced harsher behavior [see also The Cheapest Actively Managed ETFs]. Unlike equity benchmarks, crude oil was unable to alleviate its own six day losing streak, as the fossil fuel finished just barely down on the day. Analysts and investors are highly speculative as to whether or not the commodity is sitting at a low, or if it has a long ways [...]

Click here to read the original article on ETFdb.com.

Daily ETF Roundup: VXX Jumps With Uncertainty, SCZ Slides On Profit Taking

Stoyan Bojinov — Wed, 09 May 2012 23:03:16 +0000

The sell-off on Wall Street persisted for another today as ongoing political uncertainty in Greece continues to plague investors’ confidence. At home, major equity indexes tumbled lower across the board as profit taking pressures hit hard right from the opening bell; the Dow Jones Industrial Average was the worst performer on Wall Street, shedding 0.75% on the day, while the Nasdaq proved to be a bit more resilient, losing only 0.39% as the trading session drew to a close [see also Have Gold ETFs Lost Their Luster?]. A worse-than-expected wholesale inventories report on the home front went largely unnoticed as looming Euro zone debt drama stole the headlines. Stocks around the globe slid lower as political turmoil prompted European nations to debate whether or not to delay Greece’s next aid payment. James Dunigan, chief investment officer in Philadelphia for PNC Wealth Managemented, commented “We expected there would be flare-ups again in Europe. People were scratching their [...]

Click here to read the original article on ETFdb.com.

ETF Database » VXX

Daily ETF Roundup: GDX Soars With Gold, VXX Creeps Lower

Related Posts:

Daily ETF Roundup: VXX Springs Higher, EWZ Gives Up Gains

Related Posts:

Daily ETF Roundup: GDX Snaps Higher, VXX Corrects Lower

Related Posts:

Daily ETF Roundup: GLD Takes Another Leap, VXX Leaps Higher

Related Posts:

Daily ETF Roundup: VXX Pops With Uncertainty, GDX Drops With Gold

Related Posts:

Daily ETF Roundup: VXX Jumps On Greek Woes, EWZ Slides With Petrobras

Related Posts:

Hitchhiker’s Guide To The ETF Galaxy

Related Posts:

Daily ETF Roundup: VXX Preys On Choppy Trading, XLF Sinks on JPM Losses

Related Posts:

Daily ETF Roundup: UNG Jumps, VXX Falls

Related Posts:

Daily ETF Roundup: VXX Jumps With Uncertainty, SCZ Slides On Profit Taking

Related Posts: