Rather than treat this underperforming sector as a short side trading vehicle, my recommendation is to use a tool like our Portfolio Health Check to zero in on the strongest and weakest stocks in the XLI and trade on the right side of the market with those bullish stocks. The Chaikin Power Bar below indicates that 5 stocks in the XLP have a bullish Power Gauge rating while 18 have a bearish rating. Investors who want some participation in this defensive sector should avoid the XLP ETF and buy the strongest stocks in the XLP, based on their Chaikin Power Gauge rating , preferably on short-term pullbacks. These stocks are likely to outperform the market and the XLP ETF itself.
Expect Miners ETFs to Keep Outpacing Gold Funds – Yahoo Finance
[Obscure Ratio Points to More Upside for Junior Miners ETF] ETF Securities sees significant upside ahead. We believe gold miners shares are still undervalued relative to fundamentals and anticipate they will get back to trade around 2x the book value of assets. All things being equal, this means that prices have the potential to rise by 30% in the next few months, to the levels last seen in March 2013, said the research firm. GDXs March 2013 closing high was $38.43, which was seen on March 21, 2013.
Notable ETF Outflow Detected – IWR, AMAT, AON, CCI – NASDAQ.com
The selling last week actually erased the year-to-date gains on the Dow Jones Industrial Average, and the bellwether index now is in negative territory for the year. The chart here shows IEVs rapid descent since hitting a new 52-week high in early July. The fall of European equities, as well as the recent downtrend in U.S. markets, might make you think that the bear has invaded the entire globe. Well, if you thought that, then you havent been looking far enough to the east. Take a look at the table below of the top-performing ETFs in July.
Weekly ETF Report: These ETFs are Rocking as the Market Rolls over – NASDAQ.com
Zacks “Profit from the Pros” e-mail newsletter provides highlights of the latest analysis from Zacks Equity Research. Subscribe to this free newsletter today . About Zacks Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978. The later formation of the Zacks Rank, a proprietary stock picking system; continues to outperform the market by nearly a 3 to 1 margin.
The Zacks Analyst Blog Highlights: ProShares Short Russell 2000 ETF, ProShares Short MidCap400, ProShares Short Dow 30 ETF, ProShares Short S&P500 ETF and Direxion Daily Total Market Bear 1x Shares ETF – Yahoo Finance
If an investor was to purchase shares of RSX stock at the current price level of $23.19/share, and then sell-to-open that call contract as a “covered call,” they are committing to sell the stock at $23.50. Considering the call seller will also collect the premium, that would drive a total return (excluding dividends, if any) of 5.00% if the stock gets called away at the September 26th expiration (before broker commissions). Of course, a lot of upside could potentially be left on the table if RSX shares really soar, which is why looking at the trailing twelve month trading history for Russia ETF, as well as studying the business fundamentals becomes important. Below is a chart showing RSX’s trailing twelve month trading history, with the $23.50 strike highlighted in red: Considering the fact that the $23.50 strike represents an approximate 1% premium to the current trading price of the stock (in other words it is out-of-the-money by that percentage), there is also the possibility that the covered call contract would expire worthless, in which case the investor would keep both their shares of stock and the premium collected. The current analytical data (including greeks and implied greeks) suggest the current odds of that happening are 53%. On our website under the contract detail page for this contract , Stock Options Channel will track those odds over time to see how they change and publish a chart of those numbers (the trading history of the option contract will also be charted).
September 26th Options Now Available For Russia ETF (RSX) – NASDAQ.com
Among the largest underlying components of IWR, in trading today Applied Materials, Inc. (Symbol: AMAT) is up about 1.2%, Aon plc (Symbol: AON) is up about 0.5%, and Crown Castle International Corp (Symbol: CCI) view site… is up by about 3.4%. The chart below shows the one year price performance of IWR, versus its 200 day moving average: Looking at the chart above, IWR’s low point in its 52 week range is $133.06 per share, with $163.94 as the 52 week high point – that compares with a last trade of $156.63. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.