Short, Financial ETFs Stand Tall As Investors Back Away From Oil, Commodities
August 24, 2008 – The last week notwithstanding, there has been a trend away from commodities and the exchange traded funds (ETFs) that track them as the price of oil takes a step back.
It’s led to a rebound for... Continue Reading »
Life Preserver Has Investors, Financial ETFs Worried
August 20, 2008 – Worries about the fate of Fannie Mae (FNM) and Freddie Mac (FRE) are persisting, and it continues to drag down financial exchange traded funds (ETFs).
Investors seem increasingly convinced that if the government bails them out,... Continue Reading »
Financials Ding Markets and ETFs, But Falling Oil Is a Salve
August 12, 2008 – More news about the financial sector sent Wall Street and related exchange traded funds (ETFs) lower, but a further drop in oil prices helped soothe some investors.
JP Morgan (JPM) said it had racked up bigger... Continue Reading »
July Takes a Warming to Financial ETFs
August 8, 2008 – In July, exchange traded funds (ETFs) within the financial sector have demonstrated how a slight transition from really bad to just a little bad bad can still generate some profit and clean up.
July was also... Continue Reading »
Probe of Citigroup and Others Could Hit Financial ETFs
August 1, 2008 – Citigroup’s (C) imminent charges could wind up packing a wallop for financial exchange traded funds (ETFs).
New York Attorney General Andrew Cuomo has said he plans to charge the bank with fraudulently marketing and selling auction-rate... Continue Reading »
A Little Assurance Goes a Long Way for Financial ETFs
July 16, 2008 – Financial-related exchange traded funds (ETFs) surged today after Federal Reserve Chairman Ben Bernanke said Fannie Mae and Freddie Mac were in no danger of failing.
It was his second day of testimony about the state of... Continue Reading »
Fannie, Freddie Bailout Plan Doesn’t Appease Financial ETFs
July 14, 2008 – Financial exchange traded funds (ETFs) are trading sharply lower earlier today, in spite of a spelled-out government plan to toss a lifesaver to Fannie Mae and Freddie Mac.
The plan, in short, is meant to show... Continue Reading »
No Bailout for Fannie and Freddie Leaves Financial ETFs Trying to Stay Afloat
July 11, 2008 – Shares for the ailing Fannie Mae (FNM) and Freddie Mac (FRE) fell even lower earlier this morning after an immediate bailout was ruled out - throwing the housing market into question and related exchange traded... Continue Reading »
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