Archive for September, 2010

Manufacturing-Oriented ETFs Benefit From Lower U.S. Dollar

Gary Gordon submits: The debate about dollar devaluation — its risks, its rewards — isn’t going to end anytime soon. The Fed’s intention to begin a second round of “quantitative easing (QE)“ assures us of that. Yet investors who may feel queasy about jumping into gold at $1310 per ounce can consider other beneficiaries of [...]

Does a Weaker Currency Equal Default? Not in the Real World

Marshall Auerback submits: By Marshall Auerback Let’s repeat it one more time, for good measure: the US isn’t going bankrupt. Complete Story »

BoE’s Posen Must Be Sleeping Well at Night Now

Dr. Duru submits: It’s the main question that keeps me and my colleagues at the MPC up at night. That’s why in our last set of forecasts….we stressed there are upside risks. The slack in the economy is not pushing down on inflation the way we’d like…core inflation is higher in the UK; it’s not [...]

War Breaks Out in the Currency Markets

Graham Summers submits: The first and most immediate item we need to note is the Bank of Japan’s (BoJ) currency intervention. Prior to this, all currency interventions were generally indirect (the Fed’s QE program) or not generally promoted (the Swiss banks numerous attempts to buy Euros and suppress the Franc). Complete Story »

QQQQ Price Action Suggests a Correction Is Incoming

Andy Zaky submits: The QQQQ violated its one-month lower trend line today (Thursday, September 30, 2010 at 8:00 a.m. PST) suggesting that it may be on the verge of another correction. For the past 18-months, a violation of the lower trend line has led to at least a correction in the vast majority of cases [...]

iShares Semiconductor ETF Gets a Makeover

Michael Johnston submits: 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 [...]

Five Facts Every Investor Should Know About Leveraged ETFs

Michael Johnston submits: In recent years, few corners of the investing world have been the subject of as much controversy, misinformation, and confusion as the leveraged ETF space. Last summer these securities received widespread coverage from the financial media, much of it either implying directly or alleging that leveraged ETFs were flawed investment vehicles designed [...]

Tech ETFs Power Up

Tom Lydon submits: After some hiccups not too long ago, technology ETFs appear to have shaken off the fever and are once again ready for action. When it comes to smaller tech players, however, use caution. Sentiment can be fickle, especially when it comes to some of the lesser-known names that dot the sector, says [...]

Barclays Finally Puts iPath Brand on Inverse VIX ETF

Ron Rowland submits: It took two months, but Barclays finally came around to my way of thinking, rebranding its inverse volatility ETN with the iPath name. What was once Barclays ETN+ Inverse S&P 500 VIX Short-Term Futures ETN (XXV) is now (effective 9/28/10) the iPath Inverse S&P 500 VIX Short-Term Futures ETN (XXV). Back in [...]

A Retirement Portfolio Built From ETFs

Benzinga submits: By Roger Nachman Retirement is on everybody’s minds, whether you are 22 or 62. You need to start saving for retirement so that you can maintain your lifestyle and not have to worry about running out of cash as you enter your golden years. Complete Story »