Friday Sector Laggards: Energy, Materials – Forbes
Today, he looks at Powershares Dynamic Semiconductors ETF (PSI). The Semiconductor group has been outperforming both the Technology sector and the overall market. The Semiconductor ETF with the best ratio of bullish to bearish Chaikin Power Gauge ratings is the Powershares Dynamic Semiconductors ETF ( PSI ). It has 13 bullish rated stocks vs. only 3 stocks with bearish Power Gauge ratings see Chaikin Power Bar below: With the strength in the Semiconductor group likely to continue, finding the strongest stocks in a Semiconductor ETF like PSI is an excellent way to invest in market-leading stocks which are likely to outperform the market and the ETF itself.
eBay climbing on earnings, Orbitz fighting back, Russia ETF slammed by sanctions – Yahoo News
Among energy ETFs , one ETF following the sector is the Energy Select Sector SPDR ETF ( AMEX: XLE ), which is up 0.2% on the day, and up 12.79% year-to-date. Schlumberger, meanwhile, is up 25.95% year-to-date, and Rowan Companies, is down 11.79% year-to-date. Combined, SLB and RDC make up approximately 8.4% of the underlying holdings of XLE. The next worst performing sector is the Materials sector, higher by 0.7%. Among large Materials stocks, Freeport-McMoran Copper & Gold ( NYSE: FCX ) and Newmont Mining Newmont Mining ( NYSE: NEM ) are the most notable, showing a loss of 0.9% and 0.7%, respectively.
Global X Switches Indexes for 4 Country ETFs – ETF News And Commentary – NASDAQ.com
China’s gross domestic product rose 7.5 percent in the April-June period from a year earlier, beating the 7.4 percent median estimate. That news helped China-related ETFs outperform the market, with the Direxion Daily China Bull Fund (YINN) up more than 5%. Power Play: Financial Select Financial Sector SPDRs (XLF) rose 0.22%. Direxion Daily Financial Bull 3X shares (FAS) was up 0.45% while its bearish counterpart, FAZ, was down 0.7%. Bank of America (BAC) reported Q2 profit and revenue that fell from a year earlier due to litigation expenses, but earnings topped estimates and revenue on a non-GAAP basis was in line. Net income was $2.3 billion, or $0.19 per diluted share, down from $4.0 billion, or $0.32 per diluted share, in the year-ago period, but above the $0.07 expected by analysts polled on Capital IQ.
Among these, its Colombia, Norway, Argentina and Nigeria ETFs just underwent name and index changes recently (read: Inside the Recent Colombia ETF Surge ). Basically, the issuer moved to the ‘MSCI’ index tracking the same country. The ticker symbols will probably remain unchanged. However, the names will not be the same, as all these will include ‘MSCI’ in their titles now.
How Will These ETFs Perform Post IBM Earnings? – ETF News And Commentary – NASDAQ.com
This fund manages about $13 billion in asset base and provides exposure to a small basket of 73 securities. The ETF charges 16 bps in fees per year from investors while trades in heavy volume of more than 7.4 million. Here, IBM is the fifth firm with 4.79% allocation. In terms of industrial exposure, the product is widely spread across technology hardware storage & peripherals, software, IT services, Internet software & services and diversified telecom services that make up for double-digit allocation. The fund has added about 10% so far this year and has a Zacks ETF Rank of 1 or ‘Strong Buy’ with a Medium risk outlook. Want the latest http://www.etftradingsignals.com recommendations from Zacks Investment Research?
ETF Preview: Broad Market ETFs Gain, China Funds Outperform After Better-Than-Expected GDP Data – NASDAQ.com
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