ETF Database » XHB

Daily ETF Roundup: XHB Pops On Data, VXX Drops As Bulls Return

Stoyan Bojinov — Wed, 01 Feb 2012 23:30:28 +0000

Stocks marched higher on Wednesday as investors rejoiced over encouraging fundamental economic data on all fronts. In the U.S., better-than-expected manufacturing and employment reports bolstered stocks higher; the Nasdaq led the way higher, gaining 1.22% on the day, while the Dow Jones Industrial Average lagged behind, inching higher by just 0.66%. Euphoria was further bolstered as Facebook filed papers with the SEC for an initial public offering, potentially worth somewhere in the neighborhood of $5 billion [see What Will A Facebook IPO Mean For ETFs]. Gold was flat for most of the session although profit-taking pressures prevailed in the end; futures prices for the precious yellow metal settled near $1,745 an ounce as the trading session drew to a close. On the home front, investors were happy to see that 170,000 private-sector jobs were added according to the latest ADP employment report. Additionally, confidence in the domestic recovery was boosted [...]

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Daily ETF Roundup: TAN Shines, XHB Sinks

Stoyan Bojinov — Thu, 26 Jan 2012 23:00:54 +0000

Equities started the day in green territory and gave into selling pressures throughout the day as investors digested less-than-stellar economic and earnings reports. The S&P 500 sat at the bottom of the barrel, clinching a 0.58% loss on the day, while the Dow Jones Industrial Average proved to be most resilient, finishing with a minor 0.18% loss. Gold extended its rally from yesterday as investors were prompted to reallocate assets to safer corners of the market amidst the disappointing data releases. Futures prices for the precious yellow metal settled near $1,720 an ounce as the trading session drew to a close. Stocks gave into profit taking pressures as investors digested mixed reports; AT&T and SanDisk missed analyst earnings expectations while new home sales also came in worse-than-expected [see also Early ETF Stars Of 2012]. On the other hand, U.S. durable goods orders came in at 3% for the month of [...]

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ETF Insider: Beware Of Earnings Volatility

Stoyan Bojinov — Mon, 23 Jan 2012 13:00:18 +0000

The bulls took charge on Wall Street last week as investors reacted positively after a number of encouraging economic data releases. Home builders confidence and existing sales continue to point towards signs of a recovery in the battered down U.S. housing market. Better-than-expected jobless claims also helped restore confidence in the domestic economic recovery. Earnings euphoria also played a key role last week, although so far the results have been a mixed bag; industry giants like Google and Citigroup missed the mark, while Bank of America, IBM, and Intel beat analyst estimates. Weekly Outlook The coming week will be stacked with earnings releases on the home front, although several key reports from overseas will also come into focus. Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: CurrencyShares Japanese Yen Trust (FXY): The Japanese yen could experience [...]

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Daily ETF Roundup: UNG Jumps On Cold Weather, XHB Falls Despite Upbeat Housing Data

Jared Cummans — Fri, 20 Jan 2012 23:00:26 +0000

Today marks the end of a major earnings week with stocks managing to finish out the day relatively flat. The S&P 500 finished up by less than a point, while the Dow tacked on 96 points for the session. Today’s flat finish means that the S&P will close out a week above 1,300 for the first time in nearly six months, sparking some investor confidence across the board. Though this trading week was shortened by the Martin Luther King Jr. holiday, the S&P 500 was still able to gain 2% in the four open days on the week. As for commodities, Friday saw gold continue its steady rise as the precious metal is now above $1,660/oz. Oil, on the other hand, lost over 2% to finish just over $98/barrel [see also Three Reasons Why Gold Is Overvalued]. Earnings were the highlight of the week, as a number of major financial institutions released [...]

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Friday’s ETF Chart To Watch: SPDR Homebuilders ETF (XHB)

Stoyan Bojinov — Fri, 20 Jan 2012 09:00:25 +0000

Stocks are on a roll. Equity indexes climbed higher for a third day this week as bullish momentum kept the winning streak alive on Wall Street. Investors were cheerful to see Bank of America swing a fourth-quarter profit, although Morgan Stanley on the other hand missed estimates. Nonetheless, optimism prevailed thanks to encouraging data from the domestic labor market; jobless claims lifted stocks higher as 352,000 people filed for unemployment benefits, versus the projected 375,000. Gold futures edged lower throughout the trading day and prices settled just below $1,660 an ounce [see How Low Can Gold ETFs Go?]. Investors will digest the latest existing home sales report later today, which brings the State Street SPDR Homebuilders ETF (XHB) onto our radar screen for the day [see XHB Holdings]. U.S. housing market data has been overwhelmingly positive over the past few months and investors will certainly look to keep this trend [...]

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Daily ETF Roundup: XHB Pops On Data, VXX Drops As Stocks Rally

Stoyan Bojinov — Wed, 18 Jan 2012 23:28:19 +0000

Bullish momentum extended into Wednesday as investors rejoiced over encouraging earnings and economic data on the home front. The Nasdaq led the way higher, soaring 1.53% on the day, while the Dow Jones Industrial Average lagged behind, clinching a gain of 0.78%. Investors focused on better-than-expected quarterly results from Goldman Sachs, while Citigroup’s earnings miss received little to no attention on Wall Street. Gold continues to edge higher amidst earnings season euphoria, and futures prices for the precious yellow metal settled near $1,660 an ounce as the trading session drew to a close. According to data compiled by Bloomberg, roughly half of the companies in the S&P 500 have posted results surpassing analyst expectations so far this earnings season. Euphoria in the financials sector bolstered broad equity indexes higher as investors were pleasantly surprised to see Goldman Sachs beat estimates. The financial behemoth posted impressive results as the firm had [...]

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ETF Insider: Euro Woes Weigh On Earnings

Stoyan Bojinov — Mon, 16 Jan 2012 17:47:16 +0000

Bullish momentum propelled stocks higher last week, although the French credit downgrade drama on Friday was enough to rekindle Euro zone woes and spark a broad-based sell-off before the weekend. Standard & Poor’s credit downgrade of France and Austria sparked volatile trading to start the week across European and Asian markets; investors on Wall Street will have to wait until tomorrow to readjust their portfolios as U.S. equity and bond markets are closed today in observance of Martin Luther King Jr. Day. Weekly Outlook The coming week will be stacked with economic data releases both at home and on the international front. Below, we highlight ETFs that may see an increase in trading activity as relevant market data is released and evaluated by investors: iShares FTSE China 25 Index Fund (FXI): Chinese GDP comes out late Monday evening, which means this ETF may experience volatile trading at Tuesday’s opening bell. [...]

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Daily ETF Roundup: XHB Pops On Upbeat Fed, UNG Drops On Warm Weather

Stoyan Bojinov — Wed, 11 Jan 2012 23:00:26 +0000

The bullish stampede on Wall Street came to a halt today as investors were torn between upbeat economic conditions at home and looming debt woes in the Euro zone. On the home front, the Nasdaq led the way higher with gains of 0.31% on the day, while the Dow Jones Industrial Average slipped into negative territory, shedding 0.1% as the trading session drew to a close. Gold continues to inch higher as futures prices held above support at the $1,630 level, closing near $1,640 an ounce as the closing bell rang. Financials and industrials led the pack on Wall Street as investors rejoiced over encouraging commentary from the latest Fed Beige Book release. Performances across European markets were mixed with a downward bias as investors reacted defensively to a lack-luster German GDP report, which signaled contraction in the region’s economic powerhouse [see Euro Free Europe ETFdb Portfolio]. Selling pressures pushed [...]

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Daily ETF Roundup: XHB Jumps On Jobs Data, DBA Tanks On Strong Dollar

Stoyan Bojinov — Thu, 05 Jan 2012 23:06:36 +0000

Thursday was a mixed day for the markets as bearish pressures in the morning were overturned thanks to positive employment data on the home front. The Nasdaq led the way higher, clinching gains of 0.81% on the day, while the Dow Jones Industrial Average lagged behind in red territory, shedding 0.02%. Gold continued its ascent for the fourth consecutive day this week and futures prices for the precious yellow metal settled near $1,620 an ounce as the trading session drew to a close. Selling pressures hit the street at the opening bell after Target and J.C. Penny announced mixed December same-store sales results. Euro zone drama resurfaced as France’s borrowing costs started off the year on a high note, following the first debt auction of the year. The French bond auction drew fairly weak demand from investors, showcasing the lingering uncertainty that is still plaguing financial markets overseas. James Gaul, [...]

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Daily ETF Roundup: XHB Soars On Housing Data, GLD Continues To Sink

Stoyan Bojinov — Thu, 29 Dec 2011 22:50:37 +0000

Domestic equity markets staged a solid comeback today following yesterday’s dismal sell-off. Better-than-expected housing market data bolstered markets higher on the second to last trading day of the year; the Dow Jones Industrial Average led the way higher, gaining 1.12% on the day, while the Nasdaq lagged behind, posting gains 0.90%. Upbeat economic data on the home front sent gold lower for the third day in a row this week, while crude oil climbed higher alongside equity markets [see 12 Rapid Fire ETF Ideas For 2012]. Prices for the precious metal and fossil fuel closed near $1,550 an ounce and $99.70 a barrel respectively. Stocks on Wall Street bounced higher on Thursday as positive economic data gave traders a good reason to recoup losses from yesterday. Optimism was further bolstered on news that Lowe’s bough online home-improvement retailer ATG Stores to expand its internet presence. Industrial and financial stocks charged [...]

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ETF Database » XHB

Daily ETF Roundup: XHB Pops On Data, VXX Drops As Bulls Return

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