ETF Deathwatch Commodity Bonus Issue
The “official” number of exchange-traded products on Deathwatch dropped dramatically for September. This month’s list contains just 118 names, a drop of nearly 17% from last month. However, the “unofficial” number now stands at 179, a new record. The difference between the official and...
Play the VIX (VXZ or VXX)
Investors live with volatility. It’s as much a part of the market as trends, support and resistance levels, and, of course, prices. According to Investopedia, volatility is a statistical measure of the dispersion of returns for a given security. It can be measured by standard deviation or variance...
ETF Stats – August 2009, 1.47 Billion Shares Per Day
In August the number of US-listed exchange traded products (ETPs) increased by four, the slowest pace since March. There were no closings during the month for the first time since January. The four new products introduced were all ETFs, bringing the total number of listed products at the end of August...
DXO Becomes First Victim of CFTC Activity
PowerShares DB Crude Oil Double Long ETN (DXO) became the first apparent victim of the recent CFTC activity surrounding exchange traded products. Deutsche Bank (DB) announced today (9/1/09 press release) that it will redeem all outstanding shares of DXO after the market close on September 9. Unlike...
Judge Kramer Delays the BUS!
Rambus (RMBS) shares are getting clobbered today, off -14% intraday as news spilled out from a San Francisco court that the anti-trust trial was delayed until early January 2010. Apparently an attorney representing Samsung was labeled “gravely ill,” and judge Richard Kramer determined...
