eWallstreeter

China Market Will Eventually Set The Price of Gold

Sun, 19 May 2013 23:05:16 EDT

NYSEARCA:GLD, NYSEARCA:IAU

The U.S. Energy-Independence Fantasy, Part I: Demand

Sun, 19 May 2013 22:42:38 EDT

NYSEARCA:USO, NYSEARCA:CVX

ETF Rewind – Intermediate Overbought | Week 20 | 05.17.13

Sun, 19 May 2013 21:36:10 EDT

Source: Mrkt_Commentary** subscription service; prior posts. Click Twice to Enlarge – NEVER INVESTMENT ADVICE

Run Away Bull

Sun, 19 May 2013 16:22:49 EDT

Its 180 days since we have a correction of at least 5%. Bulls are holding on to their positions, even rolling into 1700 June calls and 1800 September calls. It would take a severe down week close to turn the trend down. Look for bulls to continue to push before Memorial weekend and large POMO [...]

FEZ And Euro Decoupling And The Implications

Sun, 19 May 2013 14:48:09 EDT

By Sean Bellamy McNulty:The SPRD Euro Stoxx 50 (FEZ) and the Euro (FXE) began to decouple at the beginning of May. (click to enlarge) This is a significant break from the past, with the 3 week daily correlation at a 4 year low of -0.5092. (click to enlarge) This relationship breakdown is part of a long line of shifting relationships in the capital markets. These breakdowns in correlation include the Aussie dollar (FXA) with the S&P500 (SPY), oil (USO) with the SPY, the U.S. dollar (UUP) with the SPY and Gold (GLD) with everything. I see all these breakdowns as confirmation of a larger shift out of commodities and the end of an era, the commodity super cycle circa 2002. The Implications of the Divergence Between FEZ and FXE What is especially surprising of the divergence between the FEZ and FXE is that the data in Europe has been all but inspiring. TakingComplete Story »

Best & Worst ETFs, Mutual Funds And Key Holdings: Mid-Cap Blend Style

Sun, 19 May 2013 13:29:42 EDT

By David Trainer:The Mid-cap Blend style ranks seventh out of the twelve fund styles as detailed in my Style Rankings for ETFs and Mutual Funds report. It gets my Dangerous rating, which is based on aggregation of ratings of 17 ETFs and 307 mutual funds in the Mid-cap Blend style as of May 2, 2013. Prior reports on the best & worst ETFs and mutual funds in every sector and style are here.Figures 1 and 2 show the five best and worst-rated ETFs and mutual funds in the style. Not all Mid-cap Blend style ETFs and mutual funds are created the same. The number of holdings varies widely (from 20 to 3004), which creates drastically different investment implications and ratings. The best ETFs and mutual funds allocate more value to Attractive-or-better-rated stocks than the worst, which allocate too much value to Neutral-or-worse-rated stocks.To identify the best and Complete Story »

4 ETFs That Could Be Affected By Future Rate Cuts

Sun, 19 May 2013 13:28:36 EDT

By Benzinga: By: The ETF ProfessorIn less than two months a dizzying array of global central banks have lowered interest rates. The European Central Bank, the Reserve Bank of Australia, the Reserve Bank of India, the Bank of Israel, the Central Bank of Turkey and the list goes on.When the domino effect will end is anyone's guess, but it does not appear the end is near. The U.S. and Japan have little or no room for further rate cuts, but plenty of other countries do. Many are emerging markets economies where central banks' hands are being forced due to strengthening currencies.Other prime candidates for additional rate-cutting are developed markets with significant commodities and/or emerging markets exposure. What is clear is the path of least resistance for international interest rates is lower in the near-term and the following country-specific equity-based ETFs stand to be affected.iShares MSCI Turkey InvestableComplete Story »

4 Things Einhorn And Soros Are Forgetting About Gold Miners ETF

Sun, 19 May 2013 12:41:38 EDT

By Benzinga: By: The ETF ProfessorHighlighting fourth-quarter 13F filings with the Securities and Exchange Commission, it was noted hedge fund legends David Einhorn and George Soros held sizable stakes in the largest gold miners ETF, the Market Vectors Gold Miners ETF (GDX).To be fair to Soros, during the fourth quarter, he pared his stakes in GDX and the Market Vectors Junior Gold Miners ETF (GDXJ) by 800,000 and 400,000 shares, but he still owned 1.5 million shares of GDX and about two million shares of GDXJ at the end of the quarter.At the end of the first quarter, Soros held 2.66 million shares of GDX, according to the latest 13F, meaning his stake in the ETF almost doubled. The filing also shows Soros still holds 1.2 million shares of GDXJ and initiated a new options position in that ETF.As for Einhorn's Greenlight Capital,Complete Story »

What To Do When Things Are Nuts?

Sun, 19 May 2013 09:48:06 EDT

By David Merkel: I have not been a fan of this rally, and I have been selling into it. I do have a rule for equity clients - cash never goes above 20%. I have been close to that recently, and after rebalancing some companies that have hit the top of the weighting band, I have bought those companies with the lowest weights in the portfolio. I have also added some stable companies in the recent past - Berkshire Hathaway (BRK.A), Ingram Micro (IM), Validus Holdings (VR), AFLAC (AFL), and CST Brands (CST).My next quarterly reshaping comes up next week, and again, I will be looking at neglected industries in the market for areas to purchase. When the momentum runs this hard, I have to be content to trail (though I haven't been trailing). I have to ask where things will be three or more years from now, rather than ponderComplete Story »

ETF Pop Quiz: Brazil, Banks, and Buy/Write

Sun, 19 May 2013 09:00:38 EDT

After another week in the global market, the ETFdb pop quiz returns with another round of questions about Brazil, Banks, and Buy/Write. As always, all answers can be found using the suite of free tools at ETFdb.com, including the ETFdb Categories, ETF screener and the ETF Analyzer. 1. Which ETF has the most exposure to the Brazilian Real? 2. Which Alternative Energy Equity ETF has the highest number of holdings? 3. Which Bank ETF has the highest yield to date, Powershares KBW Bank Portfolio or State Street’s S&P Bank ETF? 4. Which ETF has the highest 52 week returns? 5. Which Buy/Write ETF has the lowest expense ratio? Also test your knowledge with our past Pop Quizes Australia, Aluminum, and Aerospace Water, White Metals, and WisdomTree Vietnam, Vanguard, and Value ETFs Follow me on Twitter @lynpaintzall Disclosure: No positions at time of writing. Click here to read the original article on ETFdb.com.Related Posts:No Related PostsClick here to read the original article on ETFdb.com.Related Posts:No Related Posts

Further Analysis Of The 40 Stock Portfolio

Sun, 19 May 2013 07:39:26 EDT

By Lowell Herr: Is the forty (40) stock portfolio optimized if one assigns 2.5% to each stocks? Follow the optimized-momentum analysis to answer this question.Efficient Frontier: A quick glance at the Efficient Frontier graph shows us that equal allocation to each stock does not provide the most optimized portfolio. This does not come as a surprise. The equal allocation was done for simplicity just to see how the QPP analysis looking in a prior blog post. The optimizer-momentum software tool provides us with more information as to how we might improve the Return/Risk ratio for a 40-stock portfolio.Keep in mind that I placed a few constraints on the optimizer. For example, in this run I limited the percentage to be held in any one stock to be 10%. (click to enlarge) Efficient Frontier for 40 Stock PortfolioStock Rankings: Below is the ranking of the 40 stocks. Note thatComplete Story »

ArrowFunds Files For A Global Enhanced High Yield Bond ETF

Sat, 18 May 2013 22:49:35 EDT

A wide variety of products have been introduced into the ETF world so far this year by several providers, whether big or small. In line with this trend, ArrowFunds, the Maryland-based firm(...)Read the rest of ArrowFunds Files For A Global Enhanced High Yield Bond ETF Copyright 2013 ETFDAILYNEWS.COM The copying, republication or redistribution of ETFDailyNews [...]

Stock Market Doomsday Scenarios Are Fading Away

Sat, 18 May 2013 22:32:36 EDT

INDEXDJX:.DJI, NYSEARCA:TZA

Why Should You Buy The Dips In Gold

Sat, 18 May 2013 22:25:01 EDT

NYSEARCA:GLD, NYSEARCA:IAU

Deutsche Asset & Wealth Management Introduces the First Hedged Equity German ETF to the U.S Marketplace

Sat, 18 May 2013 22:14:59 EDT

Deutsche Asset & Wealth Management today announced the addition of the db X-trackers MSCI Germany Hedged Equity Fund (NYSE Ticker: DBGR) to the db X-trackers platform, effective(...)Read the rest of Deutsche Asset & Wealth Management Introduces the First Hedged Equity German ETF to the U.S Marketplace Copyright 2013 ETFDAILYNEWS.COM The copying, republication or redistribution of [...]

ETF Insider: Bull Run Continues, Short Trade Gets Stopped Out

Sat, 18 May 2013 09:00:35 EDT

The party continued on Wall Street this past week as bullish euphoria carried equity indexes further into uncharted territory; the S&P 500 Index cruised past the 1,650 level while the Dow Jones Industrial Average settled above the 15,300 mark. On the data front, potential signs of weakening fundamentals began to resurface after industrial production and weekly jobless claims came in below expectations, although these releases barely put a minor dent in the bulls’ confidence [see also The Cheapest ETF For Every Investment Objective]. ETF Insider Recommendations Our only pick for this week resulted in a small loss after our stop-loss was triggered following the continuation of the bull run on Wall Street. Last Week’s Actionable ETF Ideas Ticker Position Week Performance XLB Short -1.2% Closed Trade: Short XLB: Down 1.2% This defensive recommendation was mistimed, despite our fundamental analysis being correct. Industrial production data missed the mark this week, but both the industrial and basic materials [...]Click here to read the original article on ETFdb.com.Related Posts:3 Sector Rotation Strategies ETF Investors Must Know12 Cheap ETFs Every Trader Must KnowThe Most Tradable Stock In Each Sector SPDR ETFCharts Are Aligning For XLUWhich Sector ETFs Are Cheap?

Tactical Portfolio Rebalancing Using Target Date Funds/ETFs

Sat, 18 May 2013 07:14:56 EDT

By Gary Cheng:Target date mutual funds and ETFs are investment products targeting a particular investment horizon through a fairly passive asset allocation approach. The year in each target date fund/ETF corresponds to the year in which investors may likely begin withdrawing assets. Currently, funds/ETFs with target dates Retirement Income (Today), 2010, 2015, 2020, 2025, 2030, 2035, 2040, 2045, 2050, and 2055 are available. (click to enlarge) These target date funds/ETFs appeal to long term investors because Each represents a broadly diversified portfolio in a single fund that allocates among three major asset classes across U.S. and international equities, fixed income, cash and short term investments, Ideal for investors who do not have the expertise to construct a well diversified portfolio, Each could be held as the only investment in the investor account or as a core holding to pair with other actively managed funds and individual stocks, Fund managers have great flexibility Complete Story »

A Closer Look at Master Limited Parternship ETFs and ETNs

Sat, 18 May 2013 06:44:00 EDT

Exchange traded funds that follow master limited partnerships, or MLPs, have been a popular draw for investors looking for attractive yields and an alternative energy sector play. Nevertheless, MLP ETFs come with their own quirks. The Alerian MLP ETF (NYSEArca: AMLP), which comes with a 5.71% 12-month yield, has gained 14.4% year-to-date. AMLP has amassed [...]

The Most Misleading Words In Investing: You Can't Go Broke Taking A Profit

Fri, 17 May 2013 21:06:39 EDT

author name submits:At Kiplinger Magazine, Kathy Kristof put out this article yesterday titled "Five Lessons From Apple's (AAPL) Fall." Much of the commentary about Apple was about what you'd expect, but there is one bit of "conventional wisdom" mentioned that I would like to bring to your attention.In the Kiplinger piece that came out yesterday, Rule #3 of the "lessons learned" from Apple's fall from grace is that you should partially liquidate any holding that doubles in value in a short period of time: "Winners take chips off the table. Unless every stock in your portfolio doubles each year (in which case Warren Buffett would like to hire you), Apple's rise over the past 12 months likely caused it to become a disproportionately large share of your assets. That makes your portfolio riskier and less balanced and is a signal that it's time to sell a Complete Story »

Baseball and Your 401(K): Time to Pick Your Lineup!

Fri, 17 May 2013 19:35:46 EDT

What does baseball have to do with retirement investing? According to Chip Castille, understanding how baseball teams create balanced lineups based on a reasonable range of expectations can be a useful framework for tackling your own 401(k) investments.

New Screener Features

Fri, 17 May 2013 17:02:00 EDT

This post introduces three new features for the screener: Hold Thru Rank Option Access to Previous Values Improved Error Detection Hold Thru Rank is the ability to not sell a position in a backtest until it drops below a given … Continue reading →

Shale Boom Resonates With Energy ETFs

Fri, 17 May 2013 16:41:38 EDT

By Tom Lydon: Oil and gas exploration and production shares and exchange traded funds have been rallying as investors bet on a shale boom. Recent data released from the International Energy Agency is supporting the profitability of major oil service companies."In its 'Medium-Term Oil Market Report' released Tuesday, the IEA said the production onslaught will have impact on the oil market over the next five years as much as swelling Chinese demand did over the past 15 years. What's more, it will force companies to change how they transport, store and refine oil in addition to their investment strategies," Trang Ho wrote for Investor's Business Daily.The shale boom will have a positive impact upon major oil service companies and independent service operators. Well-known companies such as Halliburton (HAL), Schlumberger (SLB) and Baker Hughs (BHI) are in line to profit, backed up with billion dollar research and development budgets, noted JohnComplete Story »

Daily ETF Roundup: YCS Pops On Strong Dollar, XLE Rallies

Fri, 17 May 2013 16:36:04 EDT

During the final hour of trading, U.S. equities rallied higher with the Dow Jones Industrial Average and S&P 500 hitting fresh highs and all three major averages posting their fourth-straight weekly gain. Bolstering stocks were a pair of domestic economic reports. The University of Michigan’s consumer sentiment index for May rose to its highest level since July of 2007. In a separate report, the Conference Board’s Leading Indicators also topped analysts’ expectations, rising 0.6% versus the forecasted 0.2% uptick [see The Cheapest ETF for Every Investment Objective]. Global Market Overview: YCS Pops On Strong Dollar, XLE Rallies Following a pair of upbeat economic reports, all three major U.S. equity indexes rallied to close in positive territory. The Dow Jones Industrial Average ETF ended 0.70% higher, after its underlying index hit a fresh all-time high. The S&P 500 ETF rose 0.94%, while the tech-heavy Nasdaq ETF gained 0.90%. In Europe, markets ended slightly after encouraging auto data was reported: the Stoxx Europe 600 [...]Click here to read the original article on ETFdb.com.Related Posts:Daily ETF Roundup: S&P Posts Record High, XLF And XLE RallyDaily ETF Roundup: YCS Pops On Weaker Yen, XLU Slides Alongside UtilitiesDaily ETF Roundup: Stocks Snap 4-day Win Streak In Lackluster SessionDaily ETF Roundup: Stocks Reverse Losses To Close HigherDaily ETF Roundup: Dow Sets Yet Another Record

Solar ETF Rallies Over 50% in a Month

Fri, 17 May 2013 15:38:32 EDT

Solar exchange traded funds are burning up as industry growth outshines expectations that a string of negative factors would weigh on solar stocks. The Guggenheim Solar ETF (NYSEArca: TAN) surged 55.5% between the April 5 low and Wednesday high. Meanwhile the Market Vectors Solar Energy ETF (NYSEArca: KWT) jumped 36.4%. “The glare from the red [...]

The Fed, QE, The Economy and Goldilocks 2.0

Fri, 17 May 2013 15:27:42 EDT

INDEXDJX:.DJI, INDEXSP:.INX

Unveiling The Gold Market’s Working Parts

Fri, 17 May 2013 15:09:05 EDT

NYSEARCA:GLD, NYSEARCA:SLV

Gold, Silver Miner ETFs Down Over 10% for Week

Fri, 17 May 2013 14:59:58 EDT

ETFs tracking gold and silver miner stocks continued to plunge this week to new multiyear lows as precious metals were also under severe pressure. Market Vectors Junior Gold Miners ETF (NYSEArca: GDXJ), Market Vectors Gold Miners (NYSEArca: GDX) and Global X Silver Miners ETF (NYSEArca: SIL) were all poised for weekly losses of more than [...]

The New Cold War: The “Putinization” of Uranium

Fri, 17 May 2013 14:59:33 EDT

NYSE:CCJ, NYSEARCA:URA

Challenging Investor Assumptions about Emerging Markets

Fri, 17 May 2013 14:43:22 EDT

As the distinctions between emerging and developed markets become increasingly blurred, more and more investors are seeking more granular exposures to EM. Dodd Kittsley examines the trend – and the reasons behind it.

Can The S&P 500 and Dow Jones Industrial Average Continue To Soar?

Fri, 17 May 2013 14:40:12 EDT

INDEXDJX:.DJI, INDEXSP:.INX

WisdomTree: U.S. Dividend Growth Hits Record High

Fri, 17 May 2013 14:25:36 EDT

In today’s environment, investors are in an almost constant search of income-producing asset classes. One particular area of focus has been dividend-paying equities—made attractive not only because of the current income but also because of the potential for future growth of that income. We believe the recent trends for dividend growth discussed below have become [...]

JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN

Fri, 17 May 2013 14:01:06 EDT

JPMorgan Chase & Co. announced today the quarterly coupon amount for the Alerian MLP Index ETN (NYSEARCA:AMJ). The table below summarizes the coupon amount for the Alerian MLP Index ETN (the “Notes”).(...)Read the rest of JPMorgan Chase & Co. Declares Quarterly Coupon on Alerian MLP Index ETN Copyright 2013 ETFDAILYNEWS.COM The copying, republication or redistribution [...]

Gold: Double Bottom Or Double Trouble?

Fri, 17 May 2013 14:00:05 EDT

By David Fabian:The price action of the SPDR Gold Shares (GLD) over the last several weeks has been a big concern in the national media and with individual investors' portfolios. Everyone has been quick to weigh in on their conspiracy theories, predictions and fundamental policies for owning the yellow metal. Some people own gold for its inflationary protection, some own it for its currency qualities, and others own it as a stalwart investment vehicle. However, I always focus on gold more from a technical perspective to take the emotion out of trading and view the investment landscape through a clear lens.As I look at the chart of GLD over the last 12 months you can see that it peaked in October 2012 and has been on a slow trajectory downward ever since. The high to low over this time frame was -24.36% which is a bear market in itself. The quickComplete Story »

Highland/iBoxx Senior Loan ETF Announces Details of May Regular Distribution

Fri, 17 May 2013 13:56:33 EDT

Highland/iBoxx Senior Loan ETF (the “Fund”) (NYSEARCA:SNLN) declared a regular distribution, for May 2013, of $0.090 per share, payable on the last business day of the month to holders of record at the close of business May 17, 2013.(...)Read the rest of Highland/iBoxx Senior Loan ETF Announces Details of May Regular Distribution Copyright 2013 ETFDAILYNEWS.COM The copying, republication or [...]

ETF Chart of the Day: Utilities Sector

Fri, 17 May 2013 13:50:09 EDT

Utilities Select Sector SPDR (NYSEArca: XLU) and other defensive, dividend-paying sector ETFs were crushing the S&P 500 until mid-April. However, the utilities ETF’s year-to-date performance edge has been completely erased so far in May. Among the nine major S&P 500 sector ETFs, only XLU is in the red for the month with a 3.6% decline. [...]

iShares: Four Reasons to Still Hold High-Yield ETFs

Fri, 17 May 2013 13:19:15 EDT

As a number of market watchers have pointed out recently, high yield doesn’t look so junky anymore. High yield spreads are historically tight, at levels not seen since the fall of 2007 as the chart below shows, meaning there’s currently a much smaller difference in yield between a high yield bond and a comparable Treasury. [...]

Bullish Picture For U.S. Dollar and Stocks and Its Implications For Gold and Silver

Fri, 17 May 2013 13:11:40 EDT

NYSEARCA:GLD, NYSEARCA:SLV

DXJ Nears $10B AUM Mark

Fri, 17 May 2013 12:57:43 EDT

DXJ, and its unhedged counterpart EWJ, continue to pull in heavy inflows in the second quarter.

Small-Cap REIT ETFs for Yield

Fri, 17 May 2013 12:49:00 EDT

Small cap REIT exchange traded funds have been overlooked by some investors, but their high yields are worth a second look. As many of the large-cap REITs (real estate investment trusts) have reached maturity, small-cap focused REIT ETFs allow investors to take advantage of the current real estate market. “Though the economic uncertainty and particularly [...]

The Secret Conspirarcy Behind Gold’s Massive Selloff

Fri, 17 May 2013 12:44:58 EDT

NYSEARCA:GLD, NYSEARCA:SLV

The Slow, Agonizing Death Of The American Worker

Fri, 17 May 2013 12:07:58 EDT

INDEXDJX:.DJI, NYSEARCA:TZA

ETPs Turn To Selling Options To Generate Income

Fri, 17 May 2013 12:02:25 EDT

By Bill Luby: Not long after I penned The Options and Volatility ETPs Landscape, Credit Suisse (CS) added another buy-write / covered call ETP to the mix: the Credit Suisse Silver Shares Covered Call ETN (SLVO). With SLVO, Credit Suisse is essentially extending the methodology they pioneered with the Credit Suisse Gold Shares Covered Call ETN (GLDI). In the case of both GLDI and SLVO, the ETPs are selling covered calls against the underlying commodity ETF for gold (GLD) and silver (SLV) in an effort to generate some income, and in so doing, choosing to forego some upside potential. In both instances, the ETP starts selling covered calls with 39 days until expiration and completes the sales with 35 days to expiration. One month later, the ETP buys these covered calls back over a period ranging from five to nine days prior to expiration. The net proceeds of these covered Complete Story »

‘Dividend Dogs’ ETF Gaining Traction

Fri, 17 May 2013 11:40:29 EDT

A fund that has steadily grown to $232 million in assets under management, with a consistent month over month increase in average daily trading volume is SDOG (ALPS Sector Dividend Dogs, Expense Ratio 0.40%). SDOG tracks the S-Network Sector Dividend Dogs Index, which may not be familiar to most, but the concept of this methodology [...]

Checking In On Our Gold ETF Trade

Fri, 17 May 2013 11:15:02 EDT

NYSEARCA:DZZ, NYSEARCA:GLD

S&P 500 ETF Eyes Fresh Record on Consumer Sentiment

Fri, 17 May 2013 10:54:23 EDT

SPDR S&P 500 ETF (NYSEArca: SPY) was set for its fourth straight week of gains and traded near an all-time high Friday after a measure of consumer sentiment came in better than expected. The preliminary reading of the Thomson Reuters/University of Michigan consumer sentiment index climbed to 83.7 from 76.4 in April, beating economists’ expectations. [...]

Vanguard's New Emerging Markets Bond Fund: A Day Late And A Dollar Short?

Fri, 17 May 2013 10:48:25 EDT

By Michael Fabian:If there is one thing I've learned about Vanguard as a firm, it's that it doesn't rush into anything. It patiently waits and watches as the investment landscape evolves over time, then releases commonsense options to benefit its loyal following of investors.As emerging-market bonds have become a more widely held sector within a typical fixed-income portfolio, it's no surprise that investors have been forced to look elsewhere for exposure. However, it looks like those days are over as Vanguard recently announced an index-based emerging market [EM] bond strategy to compete with some of the mature offerings from its largest competitors.The new funds - which will include an ETF (VWOB), an investor class (VGOVX), an admiral class (VGAVX), and finally an institutional class (VGIVX) - will seek to track the Barclays USD Emerging Market Government RIC Capped Index, comprised of approximately 560 U.S. dollar-denominated securities issued by government, agencyComplete Story »

ETF Inflows May Hit $200 Billion in 2013

Fri, 17 May 2013 10:16:46 EDT

The $1.5 trillion U.S. ETF business continues to grow at a rapid clip with 2013 inflows on track to break last year’s record. “ETF flows continue at almost the same torrid pace as the first quarter and seem well on their way to adding $200 billion in new investor funds in 2013,” says Nicholas Colas, [...]

Timber! Watch Out for Falling Lumber Prices

Fri, 17 May 2013 10:00:00 EDT

First it was Doctor Copper. Now it's Lumber. In an article I recently wrote the focal point was copper its historical relationship with the health of the overall world economy and its currently bearish chart pattern. The takeaway was that copper has been declining since 2011 suggesting an economic slowdown and potentially deflationary scenario. Commodities are in the midst of a five-year slump. Energy-related commodities industrial metals along with wheat all peaked in price in 2008 but have yet to revisit those levels. A Better Leading Indicator? Copper used to be considered the leading indicator for the world's economy but ...

More Financial Advisors Using ETFs for Core Holdings

Fri, 17 May 2013 09:22:20 EDT

BlackRock’s iShares engineered actively managed exchange traded funds in direct competition with the mutual fund industry, targeting registered investment advisors who are looking for alternative core holdings. Sue Thompson, head of the RIA and asset manager group for iShares at BlackRock, stated that the new actively managed iShares Enhanced U.S. Large-Cap ETF (NYSEArca: IELG) and [...]

Homebuilder ETFs In Focus After Housing Data

Fri, 17 May 2013 09:00:57 EDT

U.S. equity markets struggled to maintain bullish momentum as several mixed economic reports hit the streets. Industrial production, manufacturing activity and initial jobless claims all came in below expectations, while U.S. retail sales and small business optimism beat analysts’ forecasts. Meanwhile, investors paid close attention to commentary from legendary hedge fund manager David Tepper, who stated that he is “definitely bullish” on stocks, and that he sees the improving economy, particularly in the housing and auto markets, as reasons to be bullish [see The Cheapest ETF for Every Investment Objective]. Building Permits Rise, But Housing Starts Take a Dip The latest building permits data, compiled by the Census Bureau, came in at 1.02 million permits for the month of April, which was well above expectations. Analysts had forecasted the annualized number of new residential building permits issued in April to be around 0.92 million. In the previous recording, building permits came in well below expectations, with [...]Click here to read the original article on ETFdb.com.Related Posts:Daily ETF Roundup: Buy The Rumor, Sell The TweetDaily ETF Roundup: Stocks Rebound From Worst One-Day Drop In 2013Daily ETF Roundup: Housing Data Brings Back The BullsFiscal Cliff ETF Rally Still Hot Daily ETF Roundup: Bargain Shopping Euphoria Sparks Rally