Barclays Launches No-Reset Leveraged ETNs
Be careful what you wish for. For all the leveraged fund critics that either do not like or do not understand daily (or monthly) reset of leverage and want a vehicle without path-dependent performance, your wish has come true. However, unless you bought them yesterday, you will not be getting the exact...
Will UNL Work Better Than UNG?
The official-sounding but totally private United States Commodity Funds has launched another ETF based on natural gas prices. United States 12 Month Natural Gas Fund (UNL) started trading Wednesday (11/18/09). It joins the firm’s previous offering, United States Natural Gas Fund (UNG) in an...
Goldman Sachs Delivers for Shareholders (GS)
Few American companies are as vilified as Goldman Sachs (GS). Formerly an investment bank, Goldman is now a commercial bank, a change that allowed it to take billions in taxpayer assistance during the financial calamity of 2008. Some would debate the usefulness of keeping Goldman in business, saying...
Three New ETFs on Tuesday: MNA MINT BAB
Three sponsors launched new ETFs on Tuesday 11/17/09, making for 97 (93 ETFs and 4 ETNs) new exchange-traded product listings so far this year. The three new funds are the IQ ARB Merger Arbitrage ETF (MNA), PIMCO Enhanced Short Maturity Strategy Fund (MINT), and PowerShares Build America Bonds Portfolio...
iShares Launches Its First Alpha Seeking ETF
The iShares Diversified Alternative Trust (ALT), a new multi-asset class multi-strategy ETF was launched yesterday (11/16/2009). Its stated objective is “to maximize absolute returns from investments with historically low correlation to traditional asset classes, while seeking to control the risks...
Get 6% On A Checking Account?
Looking for somewhere to stow your cash? If you’re concerned about stocks and bonds, there are some safe storage opportunities that offer more than minimal yields. According to Inflation Data.com, inflation is non-existent right now. They currently post inflation at -1.29%. Deflation has reigned...
Goldman Really Does Rule The World
In Wednesday’s edition of the Invest With An Edge newsletter (to which you really should subscribe if you haven’t already), our Quote of the Week came from Goldman Sachs CEO Lloyd Blankfein. He said “We’re very important… I’m doing God’s work.” Yes, Blankfein...
The Vital Few
A few months ago I wrote an article about how the 80-20 rule does not apply to ETFs. When it comes to ETF trading, 92% of the activity is confined to just 8% of the actively listed ETFs. I dubbed it the ETF 92-8 Rule. I received several requests to publish a list of the “vital few”, those 8%...
A High-Tech Play On National Defense: HRS
Technology stocks are helping drive the stock market higher, a trend we recently discussed here. Whether it’s old-school companies like International Business Machines (IBM) or high-fliers like Google (GOOG) or Amazon (AMZN), tech has definitely been one of the rally’s leading catalysts....
Well-Timed Launch For New Junior Gold ETF: GDXJ
Investment success often lies in timing. Van Eck Global may have hit the nail on the head with today’s introduction of Market Vectors Junior Gold Miners ETF (GDXJ). With gold bullion breaking above $1,100 earlier this week, gold stocks are flying. GDXJ follows the also very successful Market...
