in August. Bloomberg Radio’s Catherine Cowdery reports on Exchange Traded Funds. Koesterich Makes a Case for Emerging Markets Equities (Audio) Aug 30, 2013 Russ Koesterich, chief investment strategist for BlackRock Inc., sees long-term value in emerging markets equities. Bloomberg Radio’s Catherine Cowdery reports on Exchange Traded Funds. Schaeffers Detrick Optimistic About Financials (Audio) Aug 29, 2013 Ryan Detrick, senior technical analyst at Schaeffer’s Investment Research Inc., says the Financial Select Sector SPDR Fund can extend its advance, after gaining 19.8 percent this year.
The firm said late Tuesday it priced 3.9 million shares in an underwritten public offering at $54 each. It granted the underwriters a 30-day option to purchase up to an additional 585,000 shares of common stock. This offering of common stock is expected to close on September 16. Energy – Dow Jones U.S. Energy Fund (IYE) closed Tuesday’s session higher while Energy Select Sector SPDR (XLE) edged lower in the after hours session.
India ETFs–Is the Worst Over? – ETF News And Commentary
That much is evident by the ETF’s 6.7 percent gain in the past five trading sessions. That does not tell EEHB’s entire story. With just $4.4 million in asssets under management, many investors gloss over this fund . That means over the past 90 days, they missed out on EEHB’s 10.7 percent jump, a gain that was roughly twice as good as the Vanguard FTSE Emerging Markets ETF ( VWO ). Over the past six months, both of those ETFs are down, but EEHB, high beta and all, has slightly outperformed VWO. One reason http://www.etftradingsignals.com that is the case is, at the country level at least, EEHB does not present investors with excessive risk.
The Zacks Analyst Blog Highlights: Goldman Sachs, Nike, Visa, UnitedHealth Group and SPDR Dow Jones Industrial Average ETF
Get #1Stock of the Day pick for free . Here are highlights from Tuesday’s Analyst Blog: Major Shakeup Coming to DJIA, Dow ETF In somewhat of a surprise move, it has been announced that the ultra-popular Dow Jones Industrial Average will be swapping a few of its components. In fact, three companies will be shifted out of the 30 stock benchmark, making room for a new trio of companies. Coming into the index are an interesting group: Goldman Sachs (NYSE: GS – Free Report ), Nike (NYSE: NKE – Free Report ), and Visa (NYSE: V – Free Report ). This marks the first time in nearly a decadethat such a three for three swap has taken place. The change also represents the first move in about a year when Kraftwhich recently spun-off a big chunk of their operationswas replaced by UnitedHealth Group (NYSE: UNH – Free Report ).
Juiced Beta With This Emerging Markets ETF
General Election and Other Factors With the general elections in India due next year, we are concerned that the recent populist measures taken by the government of India, like the food security bill, might further widen the fiscal deficit, leading to a further fall in rupee. Moreover, rampant corruption and crumbling infrastructure are also crippling the economy’s growth prospects. The Repercussion Effect These worsening economic and political situations have prompted some of the leading rating and research companies to lower their GDP forecast for India. On September 3, rating agency S&P hinted at downgrading India’s credit rating from the current “BBB-minus”. A downgrade will push the Indian economy to “Junk” status likely precipitating a further panic in the Indian markets (read: India ETFs–Behind the Mayhem ).