Aluminum

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Commodity exchange traded funds, especially those that track base metals, could fall behind as a slowdown in China diminishes consumptions and cheaper oil helps cut costs in production. Broad commodity exchange traded products have been underperforming other asset classes. Year-to-date, the PowerShares DB Commodity Index Tracking Fund (NYSEArca: DBC) fell 5.6%, iPath Dow Jones-UBS Commodity […]

While the everyone is busy scrambling in the equities space, base metals and related exchange traded funds are rising on demand for industrial metals and declining inventories of zinc and aluminum. The PowerShares DB Base Metals Fund (NYSEArca: DBB), which evenly splits its portfolio with aluminum, copper and zinc futures, has gained 4.2% over the […]

Commodity exchange traded funds help diversify an investor’s portfolio, but traders can also dive into the market to pick and select potential opportunities while avoiding duds. According to the Goldman Sachs Group, nickel and palladium are set to outperform in an uneven global economy, reports Glenys Sim for Bloomberg. “While cyclical recovery tends to see […]

Industrial metals are showing strength as demand from China and the Eurozone pick up steam. Exchange traded funds that track this segment of the market have rebounded over the past month. “The increased chances of the Fed curtailing stimulus have led to uncertainty in the market. Investors are thinking that the equity markets have reached […]

Exchange traded funds that invest in industrial metals have rallied in early 2012 and on Friday we saw significant trading volume in PowerShares DB Base Metals (DBB). We also noticed call buying in typically inactive DBB options. The product is an exchange traded note that grants exposure to the industrial metals segment via futures contracts […]

Barclays recently listed over a dozen exchange traded notes (ETNs) that give investors targeted exposure to various commodities. The launch highlights the growing popularity of commodities products as investors seek alternatives outside more traditional investments such as stocks and bonds. At the end of March, there was $102.4 billion in commodity exchange traded funds (ETFs) […]

Exchange traded products that invest in aluminum followed Alcoa shares lower Tuesday morning after the Dow component reported quarterly results that disappointed Wall Street. Alcoa said it swung to a profit in the first quarter as aluminum prices rose, but traders punished the stock and Alcoa shares were down about 6% in recent action. The […]

Exchange traded notes (ETNs) that track nickel and industrial metals closed in the red Monday on worries of lower demand in Asia. The iPath Dow Jones-UBS Nickel Total Return Subindex ETN (NYSEArca: JJN) was among the steepest decliners in the metals complex. The ETN failed a test to climb back above its 50-day moving average, […]

The economic recovery and the rate of exchange traded fund (ETF) filings and launches seem to have a correlation of 1, if the market’s recent activity has been any indication. State Street Global Advisors today announced that the SPDR S&P Emerging Markets Dividend ETF (NYSEArca: EDIV) and the SPDR Barclays Capital Emerging Markets Local Bond […]

If you’ve been dreaming of the day you can own a physically-backed aluminum exchange traded fund (ETF), your dream could be coming true. According to Benzinga, the Russian aluminum giant United Company RUSAL, the world’s largest producer of the industrial metal, said that an ETF backed by physical aluminum could make its debut in a […]

After yesterday’s decline, exchange traded funds (ETFs) are rebounding this morning on earnings-related optimism. The markets also reacted well to reports that Japan joined China in saying it plans to buy bonds issued by Europe’s financial-aid fund. European markets show modest gains Tuesday after spiking higher in the wake of Japan’s pledge to buy debt […]

It’s a good time for aluminum. Not only is the first exchange traded fund (ETF) to track the metal’s producers now trading, but one of the largest producers forecasts a major bump in prices. Perennial earnings season leader Alcoa Aluminum (NYSE: AA) released its fourth-quarter results, and they did not disappoint. Not only did the […]

It’s not a physically-backed product, but the industry’s first aluminum exchange traded fund (ETF) should still hold a lot of appeal to investors who want exposure to the metal’s producers. Global X Aluminum (NYSEArca: ALUM) tracks a basket of aluminum producers and miners, the first such ETF to do so. Previous products have come in […]

The latest wave of metals exchange traded fund (ETF) launches has sparked concerns about the potential for hoarding of particular base metals. Are they founded? ETF providers are looking at the prospect of launching more physically-backed ETFs. Now that the precious metals space is well-trod, the attention has shifted to base metals. But analysts are […]

For the larger part of this year, commodity exchange traded funds (ETFs) were soaring. Then recently, they had their wings clipped. Was the correction the beginning of the end, or a pause for breath for more? In the recent correction, commodities fell an average of about 8%. We think that given the fundamentals and the […]

Investors are salivating at the prospect of a physical aluminum exchange traded fund (ETF),  aluminum producers have said they’re in favor of such a fund and there’s a race to be first to market with one. So, where is it? The chief executive of Alcoa (NYSE: AA) says he’s had talks with ETF sponsors about […]

Right now, there are just a few ways to get exposure to aluminum via exchange traded products. They’re not physically-backed, however, and to some that spells opportunity. A large aluminum producer announced they would supply this base metal if a sponsor was interested in creating an aluminum-backed ETF. Murray Coleman for Barron’s reports that analysts […]

One look at gold exchange traded funds (ETFs) will tell you this much: investors love their physically-backed metal funds. If certain providers have their way, there could be a lot more to love soon. Now that precious metal ETFs have been covered by such funds as SPDR Gold Shares (NYSEArca: GLD), iShares Silver Trust (NYSEArca: […]

The world’s top aluminum producer announced that it will consider supplying the metal to a physically-backed aluminum exchange traded fund (ETF), but it won’t sponsor the fund. Donny Kwok for Reuters reports that Rusal is an aluminum producer and doesn’t intend to get into the business of launching financial products. Investment banks are seeking a […]

Positive earnings from Alcoa (NYSE: AA) and CSX (NYSE: CSX) have given investors a reason to believe in the economic recovery and oil exchange traded funds (ETFs) a reason to surge in early trading. Both Alcoa and CSX notched better-than-expected second-quarter profits, sending the Dow up more than 140 points in early trading. Both companies […]

Exchange traded funds (ETFs) are trading mostly flat alongside the broader markets while traders wait for earnings season to officially kick off after the closing bell with Alcoa (NYSE: AA). The technology sector was the lone standout, thanks to an upgrade for the sector. Several technology companies got the boost, including Yahoo (NASDAQ: YHOO) and […]

Aluminum traders may soon get a chance to trade the metal through an exchange traded fund (ETF). Some wonder what kind of impact such a fund would have on the broader aluminum market. History has shown that the launch of metal ETFs has had a positive effect on the price of the underlying metal that […]

In early trading on Friday, exchange traded funds (ETFs) are staying mostly flat as the markets wonder two things: can the Dow turn a three-day rally into a fourth and what kind of news will earnings season bring? Earnings season officially kicks off on Monday, with perennial first-up earnings after the bell from aluminum maker […]

Aluminum demand remains strong enough that prices may recover, despite lingering problems still weighing down on world economies. Investors may play the recovery in aluminum with the new aluminum exchange traded fund (ETF) that is expected to launch next month. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not […]

If exchange traded fund (ETF) providers launch a physically-backed aluminum fund, it could have a big impact on prices in an upward direction, according to one analyst. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or […]

On Friday, the Dow Jones Industrial Average briefly crossed the 11,000 mark before retreating. Today, it’s topped the milestone and – for now – it’s staying put. Exchange traded funds (ETFs) like the direction the markets are headed. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come […]

If you were among those biting their nails about China’s belt-tightening, you may be able to let them grow back. The country said today that they were keeping fiscal policy on the loose side, helping spur demand for metals exchange traded funds (ETFs).  The opinions and forecasts expressed herein are solely those of Tom Lydon, […]

Fashion Week in New York just wrapped up, but one white-hot trend probably didn’t come up: metals exchange traded fund (ETF) investing. Thanks to deficits and continuing concerns about the global economy, these ETFs have become more popular than ever. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not […]

Metal prices and exchange traded funds (ETFs) have been on a roller coaster ride lately. Regardless of performance, stories about the dollar, China’s demand and homebuilding reports have put metals firmly on center stage. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on […]

Last year was one long party for metals exchange traded funds (ETFs). In the wake of China’s monetary tightening announcement, however, you can’t help but wonder if the rally has the legs it needs to keep going. The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to […]