All Entries Tagged With: "ETFs"
Find the ETFs You’re Looking For With the New Zecco ETF Navigator
I love Europe. Every time I travel there for work or pleasure I have a great time. But, as I write this at the start of the fourth quarter, Europe has not been kind to my investment portfolio. In fact, it hasn’t been for most of this year. I’m sure that I’m not alone. Like [...]
Has Anyone Called iShares Yet?
I’ve been seeing this ad run recently and was wondering if anyone has actually picked up the phone to call. Evidently, iShares isn’t going to stop making ETFs until “you” (that means us) stop having ideas. “Let’s make something together,” the ad says, encouraging us to share our “biggest, boldest thinking.” So I called. I [...]
What About a VIX For Financials?
If there are new single-stock VIX indices now, why couldn’t you also have a “sector VIX”? As I mentioned in a previous post, the CBOE is now using its VIX methodology to provide an index of the one-month implied volatility for five individual stocks (AAPL, AMZN, IBM, GOOG, and GS). Only one of those stocks [...]
Should We Ban ETFs With “Slushy Stocks”?
CNBC and many other mainstream media outlets seem to be filled with news on how ETFs pose “systemic risk” – or may even be a “ticking time bomb.” That’s because a new Kaufman Foundation report blasts ETFs as “undermining the traditional price discovery role of exchanges.” The report suggests: It may be a good idea [...]
Are Gold and Oil Exchange Traded Securities Shrinking? (GLD, USO, SLV, IAU)
Tallying up monthly inflows and outflows of money into mutual funds, ETFs and other securities is a tricky business. Gold recently crossed $1,400 an ounce and oil broke above $85.00 per barrel in recent moves. So, does it make sense that two securities designed to track gold and oil, the SPDR Gold Shares (NYSE: GLD) [...]
A New Gold Standard?
World Bank president Robert Zoellick has published an article in the Financial Times suggesting that world leaders should consider “employing gold as an international reference point of market expectations about inflation, deflation and future currency values.” That’s a sure-fire way to get attention. Gold rose to more than $1,400/ounce on November 8th as new worries [...]
40+ Sector ETFs With Decent Liquidity
In a ZeccoShare discussion on thinly traded ETFs, Bloominonion noted that although there are more than 1,000 ETFs, only a small fraction of those have an average volume of more than 100,000 shares per day. As Bloominonion points out: If you stick with 100K and greater average volume over 20 days or longer, you’ll be [...]
How ETFs Got Caught In the May 6 Flash Crash
In my last post on the SEC/CFTC report on the May 6 flash crash, I pointed out that ETFs were hit especially hard. So why did ETFs bear the brunt of the bear that day? First, while there was certainly a lack of liquidity for most securities, there was also a lack of reliable data [...]
Short Interest: Can An ETF Collapse? (Not Likely)
Recently, Andrew Bogan of Bogan Associates published an article, “Can An ETF Collapse” citing the “alarming” short interest in the S&P Retail ETF (XRT) – currently about 300% of the float according to ShortSqueeze.com. CNBC’s Herb Greenberg even discussed the issue on Strategy Session (including a phone interview with Bogan). Yes, I guess an ETF [...]
ETF and Mutual Fund Flows: Apples and Oranges
This lead story in the New York Times by Graham Bowley suggests that small investors are “fleeing the stock market:” Investors withdrew a staggering $33.12 billion from domestic stock market mutual funds in the first seven months of this year… But on the same day an LA Times story, “Still in stocks? You’re hardly alone” [...]
