Posts tagged as:

SMH

As the greenback begins to take back some of the ground it has recently lost, investors are befuddled as to where they should allocate their assets. Some are still bullish on gold or fixed income, while others believe that these two asset classes have hit their peaks, and are due for a nasty correction in the near-term. Still others remain bullish on plain-vanilla equities, citing relatively cheap valuations as one of the chief reasons to buy in to the recovery that many believe is currently in full force. No matter which side of the coin you fall on, earnings season is always a big tell for how the individual sectors and companies have performed over the last three months. This week falls in the midst of earning season, leaving plenty to look forward to, as some of the world’s largest companies release their most recent quarter’s results [see also Three ETFs To Watch During The Great Currency War Of 2010]. [click to continue…]

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Over the past quarter, a few sectors have stood out as the biggest winners of the summer stock market surge. While materials and service firms were both big gainers, technology companies rose sharply as investors bought up the sector due to its high growth prospects and increasing demand in emerging markets. However, despite these gains in the broad tech sector–which saw Apple and Oracle both surge by more than 17% and Verizon jump by 24.5%–the semiconductor industry experienced weakness as National Semiconductor Corp. plunged by close to 10% while chip giant Intel fell by 6.2% during the period. But these disappointing trends could be reversed later today by a solid earnings report from bellwether Intel (INTC), which would go a long way to stoking the fires of recovery under the struggling segment of the technology market. [click to continue…]

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Competition in the semiconductor ETF space has always been fierce, with no fewer than four products (SMH, IGW, XSD, PSI) from four different issuers (Merrill Lynch, iShares, State Street, PowerShares) all targeting a relatively narrow slice of the tech sector. Perhaps aiming to capture a greater portion of this market, iShares recently announced plans to […]

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In a period of economic instability, like we have seen for the majority of this year, consumer spending is usually low. The low buying power that consumers hold during uncertain times wreaks havoc on a slew of companies whose profit relies the consumer’s willingness to buy. So it came as a bit of a surprise […]

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Heading into the second half of the year, investors are divided over where global financial markets are headed. There is no shortage of bears, who point to depressing unemployment and consumer confidence figures as evidence that the recovery is quickly losing momentum (or perhaps never really had any in the first place). Others believe that […]

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After a rough start to the holiday-shortened week, equity markets surged on Wednesday as most major indexes jumped by close to 3% on the day. This large jump came after ETF issuer and financial giant State Street said that it was likely to top analysts’ expectations for second-quarter earnings. This news sent shares of State […]

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The first year and a half of president Obama’s term has been market by bold initiatives to reshape domestic policies and transform the U.S. economy. And for the most part the administration has followed through on its promises, already pushing through overhauls of the health care and financial systems. During his January State of the […]

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The Semiconductor Industry Association recently reported a major increase in the sales of computer processing chips for the month of May, giving investors reason to optimistic on a sector that has been battered by recent market turmoil. Chip sales rose 4.5% from the previous month, and were up nearly 50% from the same month in […]

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As anxiety over Europe’s debt woes and the resulting drag on global growth have intensified in recent weeks, equity markets around the world have plummeted. Technology companies, which led the way higher during the recovery of 2009, have fallen on hard times. After rising for much of the start of 2010, the tech heavy Nasdaq […]

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Equity markets are suddenly enduring a rocky April. Stocks were off to a good start last week following strong earnings reports from Intel and JP Morgan, but poor numbers out of Bank of America and fraud allegation at Goldman Sachs sent major indexes sharply lower (see ETFs With Exposure To Goldman). With another week of […]

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With investors looking for confirmation that improved economic indicators are translating to healthier bottom lines for domestic and global companies, another highly anticipated and critical earnings season kicked off this week. Things got off to a rocky start when aluminum giant Alcoa posted disappointing sales and earnings figures. That shortfall increased investor anxiety as chip […]

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Three ETFs To Watch This Week: TIP, SMH, FXM

by on April 12, 2010 | Updated April 13, 2010

After plunging in mid-week trading, equity markets climbed back to finish up last week. Commodity markets were also in focus, as oil stayed flat and a sinking dollar caused gold to gain almost $50/oz. in trading over the course of the week. Bond yields also slipped with the benchmark 10 Year T-Bill falling by close […]

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