Six More ETFs From Direxion
On Thursday (3/11/2010) Direxion added six new funds to its menu, giving investors leveraged and inverse opportunities in the BRIC countries, India, and the semiconductor sector. This was Direxion’s second batch of new ETFs this year. Back in February they launched two leveraged and inverse...
RBL: New Russia ETF from SPDR
Thursday (3/11/2010) was the first day of trading for SPDR S&P Russia ETF (RBL). The fund follows the S&P Russia Capped BMI Index, which seeks to reflect the performance of investable stocks domiciled in Russia. RBL will compete mainly with Market Vectors Russia (RSX), which until now has been...
Informatica (INFA): The Next Cloud Computing Winner?
With the Nasdaq poised to resume leadership among U.S. stock indexes, technology looks like a sector with bullish potential. Even so, smart investors know that picking the right stock will still be extremely important. One niche we like is cloud computing. We’ve previously highlighted the cloud...
My Own Private Island: Sensible Expectations for the Investment Dreamer
Have infomercials ruined us? Has the constant 24/7 media deluge of the global investment markets made us too mad for money? Are the salacious stories of the latest real estate bizillionaire buying their own private island too beguiling to ignore? Seeing everyday couples wave oversized checks in...
Claymore Introduces 3 Me Too ETF Clones
Claymore, the ETF sponsor that has closed 17 funds and has 12 more on ETF Deathwatch, introduced three new ETFs yesterday (3/9/10). They appear destined for a similar fate. The three new ETFs are Claymore Wilshire 5000 Total Market ETF (WFVK), Claymore Wilshire 4500 Completion ETF (WXSP), and Claymore...
Living On the Interest from One Million Dollars
I made my first retirement plan after my freshman year at college. Back at home, with one year of college under my belt, my good friend John and I were discussing our plans for the future. I don’t recall the entire conversation, but I do remember saying “my goal is to accumulate a million dollars,...
Why Straight Lines Don’t Work For Investors
A few weeks ago we discussed some common investor mistakes. If you don’t have the time, expertise, and/or desire to manage your investment portfolio, mistakes are no great surprise. But what about professional financial advisors? What mistakes are made by people who make a living advising others how...
Designing the Perfect Gold ETF
The recently-introduced Sprott Physical Gold Trust (PHYS) is getting a lot of attention from gold-oriented investors. My colleague Ron Rowland explained how PHYS is Not an ETF despite some superficial similarities. The conversation about PHYS often comes back to one central question: Can an investor...
India Offers Opportunity For Investors (EPI)
When it comes to emerging markets, investors focus a lot of attention on the BRIC nations, Brazil, Russia, India and China. When it comes to BRIC, Brazil and China get most of the attention. China is a once-in-a-lifetime growth story, and Brazil has become the tenth largest economy in the world due...
ETF News: Reverse Splits and Name Changes
EDZ Reverse Split: The Direxion Daily Emerging Markets Bear 3x Shares (EDZ) (launch article) will have a 1:10 reverse split as of today’s close with trading at the post-split price to commence on Thursday (3/4/10). EDZ closed at $5.12 which should translate into an opening price tomorrow in the neighborhood...
