Category: ETFs

Related News

Are JPMorgan Chase ETNs Safe?

Article Picture I don’t know about you, but here in Texas I can barely drive a mile without passing a JPMorgan Chase (JPM) branch. They’re even inside the grocery stores. Simply being everywhere doesn’t make a bank safe, of course. As we learned last week, traders in London just cost JPMorgan $2 BILLION and possibly more! Fitch Ratings downgraded its credit rating one notch to A-plus, and it looks like Moody’s may cut the bank, too.

No More Wildcatters: WCAT Closing

Article Picture Jefferies | TR/J CRB Wildcatter Exploration & Production Equity ETF (WCAT) will see its last day of trading on Friday, April 27, 2012.  ALPS ETF Trust announced (pdf) the closure and liquidation after the Board determined it was advisable and in the best interest of the fund and its shareholders.  I advise shareholders to sell all shares prior to the delisting using a limit order.

ETFs for Earnings Season

Article Picture It happens like clockwork. Every January, April, July, and October, publicly-traded companies issue quarterly financial reports. The numbers are dissected instantly, and can move stock prices way up … or way down. Quarterly reports are chock-full of numbers, but the bottom line is earnings. Today I’ll explain why earnings are important.

MLPA: Another C-Corp Double Taxation ETF

Article Picture And then there were three.  The listing of Global X MLP ETF (MLPA) today (4/19/12) makes it the third ETF structured as a C-corporation, thereby subjecting its shareholders to the heavy burden of double-taxation on taxable income received from the fund and all capital gains.

ETF Stats for March 2012: Launch Activity Dives

Article Picture Monthly launch activity plunged more than 70% from February’s blistering pace.  The March new product count of only 14 (13 ETFs and 1 ETN) was the lowest since last August.  New ETPs year-to-date total 85, but with 16 closures the net increase is just 69.  The eight March closures were all from Guggenheim, with the lifetime ETP closure tally now standing at 227.

Open Letter to ETF Regulators

Article Picture Dear ETF Regulators, It is time to step up to the challenge of your job’s main mandate - protecting investors.  Investor confidence in exchange traded funds (“ETFs”) and exchange traded notes (“ETNs”) is at a critical point.  The abuses of a very small number of individual products flaunting regulatory holes can potentially cause irreparable harm to an otherwise beneficial and innovative industry.

ETFs Take You around the World

Article Picture We’re in a new age of international investing. As recently as a year ago, numerous foreign markets were off-limits to all but big, sophisticated institutions. But now you are invited to the party. In fact, you have an engraved invitation … and the monogram says “ETF.” Thanks to a fast-growing group of exchange-traded funds, you have the chance to invest in places you once only dreamed of.

How to Ride the Technology Sector with ETFs

Article Picture Today’s stock market is starting to remind me of 1999. Back then, you may recall, the technology sector led the whole market higher. The same thing is happening so far in 2012. Admittedly, the party didn’t end so well back then — and it won’t last forever this time, either. Yet I’ve learned over the years that uptrends can last far longer than most people think.

Guggenheim Closing 8 ETFs Including 2 CurrencyShares

Article Picture Guggenheim previously announced (pdf) the last day of trading for eight ETFs would be tomorrow (Friday 3/23).  While all of the affected products are now part of the Guggenheim lineup, you may be more familiar with their original Claymore, Rydex, and CurrencyShares monikers.  Delisting will occur prior to the opening on Monday with liquidation anticipated by the end of the month.

Recent News

  • Natural Resource-Related Stocks Show Promise: Frank Barbera

    The Gold Report: Europe is in the headlines daily: more leftists coming to power, regional banks suffering, renewed recession appearing to take hold. What is your take on Europe?

    Frank Barbera: In the headlines, Europe looks like quite the mess. Imagine being a Greek who saved over a lifetime now facing the possibility of devaluation or Greece leaving the euro. If Greece pulls out of the euro and devalues, most of the people will see their life savings collapse in terms of purchasing power.

    In my view, there is a pretty good chance that would spark a contagion. When people in Spain or Italy see Greece pull out and return to a devalued drachma, there will be . . . → Read More: Natural Resource-Related Stocks Show Promise: Frank Barbera

  • Natural Resource-Related Stocks Show Promise: Frank Barbera

    The Gold Report: Europe is in the headlines daily: more leftists coming to power, regional banks suffering, renewed recession appearing to take hold. What is your take on Europe?

    Frank Barbera: In the headlines, Europe looks like quite the mess. Imagine being a Greek who saved over a lifetime now facing the possibility of devaluation or Greece leaving the euro. If Greece pulls out of the euro and devalues, most of the people will see their life savings collapse in terms of purchasing power.

    In my view, there is a pretty good chance that would spark a contagion. When people in Spain or Italy see Greece pull out and return to a devalued drachma, there will be . . . → Read More: Natural Resource-Related Stocks Show Promise: Frank Barbera

  • Dr. Frankenstein’s Europe

    "Had I right, for my own benefit, to inflict this curse upon everlasting generations? I had before been moved by the sophisms of the being I had created; I had been struck senseless by his fiendish threats; but now, for the first time, the wickedness of my promise burst upon me; I shuddered to think that future ages might curse me as their pest, whose selfishness had not hesitated to buy its own peace at the price, perhaps, of the existence of the whole human race."

    – The musings of Dr. Frankenstein about his creation of a monster, in Mary Shelley’s 1818 novel, Frankenstein

    And later the monster answers:

    "Shall each man," cried he, "find a wife for his . . . → Read More: Dr. Frankenstein’s Europe

  • The People Have Spoken and Precious Metals Will Soar: Leonard Melman

    TGR: It seems that economists can plan and recommend, and politicians can negotiate and maneuver, and pundits can analyze and predict all they want, yet when the people don’t want to play along, it can all mean nothing. Of course, we’re talking about the elections in France and Greece. What’s going on?

    Leonard Melman: What’s going on is that the monetary authorities in Europe have decided that austerity is the only way out of the financial dilemma, which I find kind of amusing, because it is their Keynesian activities that created those policies in the first place. Their decision now is that austerity, which is cutting back government programs, is the only thing that will work. The problem is . . . → Read More: The People Have Spoken and Precious Metals Will Soar: Leonard Melman

  • Are JPMorgan Chase ETNs Safe?

    I don’t know about you, but here in Texas I can barely drive a mile without passing a JPMorgan Chase (JPM) branch. They’re even inside the grocery stores.

    Simply being everywhere doesn’t make a bank safe, of course. As we learned last week, traders in London just cost JPMorgan $2 BILLION and possibly more! Fitch Ratings downgraded its credit rating one notch to A-plus, and it looks like Moody’s may cut the bank, too.

    Weiss Ratings, ahead of the curve as usual, cut JPMorgan Chase to “D” on September 30, 2010. And on October 22, 2010, they issued a special news release advising subscribers that among U.S. banks, JPMorgan was carrying the largest . . . → Read More: Are JPMorgan Chase ETNs Safe?
 
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