Direxion, a pioneer in the 3x leveraged ETF space, announced Thursday the launch of six new funds, bringing the firm’s total product offerings to 34, and represent firsts for both the company and the ETF industry. The leveraged ETFs beginning trading on Thursday include: [click to continue…]
As recession gripped the global economy in 2008, nearly all sectors and regions took a hit. But as is usually the case, not all areas were impacted equally, as certain corners of the market delivered much worse results than others. Now, those industries that were hit the hardest on the way down have become the biggest gainers during the subsequent recovery, further proving the wisdom of the Buffett mantra “be fearful when others are greedy and greedy when others are fearful.” [click to continue…]
Following a year that saw some of the worst performances in recent memory, many asset classes have bounced back in 2009. But some have performed better than others, and as the year draws to a close we take a look at some of the best-performing ETFs. The year’s top gainers include a few of the [...]
Leveraged ETFs were in the headlines a great deal in 2009, but most of the coverage was less than favorable. Misinformation on these products was widespread throughout the year, leading to confusion on many aspects of these products and some unfair generalizations.
One of the primary points of discussion was the performance of leveraged ETFs when [...]
For investors looking to make a play on the technology sector through ETFs, there are a number of options offering varying degrees of exposure. The PowerShares QQQ Trust (QQQQ) tracks the Nasdaq 100 Index, meaning it is tilted heavily towards the technology sector (about 65% of its holdings), but maintains moderate exposure to health care [...]
Technology ETFs have hit a wall in recent days, slumping on news of an analyst downgrade to Research in Motion, slashes in projected semiconductor demand, and weak earnings reports from several internet companies. With an uncertain holiday shopping season ahead, the fate of the technology sector is very much up in the air, and technology [...]