Leisure & Entertainment

Macau’s casinos and industry-related exchange traded fund are on a hot streak as a week-long national holiday in China sends throngs into southeast Asia’s gambling hub and Beijing considers supporting the Macau economy. Since the September 29 low, the Market Vectors Gaming ETF (NYSEArca: BJK) has surged 10.8%. Nevertheless, BJK is still down 18.5% year-to-date. […]

The media space and sector-related exchange traded fund are touching new highs as consumers spend more on entertainment. The PowerShares Dynamic Media Portfolio (NYSEArca: PBS), which tracks U.S. media companies, has increased 9.5% year-to-date and hit a new all-time high Friday. PBS was touching new highs as Google (NasdaqGS: GOOGL) recorded its largest single-day gain […]

Asian casino stocks, along with the gaming-sector-related exchange traded fund, are rebounding as traders go bottom-fishing after the graft-induced sell-off in Hong Kong. The Market Vectors Gaming ETF (NYSEArca: BJK) was up 1.1% Monday and 1.5% higher over the past month after declining 21.3% over the past year. [Two-Deck Shoe: Dueling Views on the Gambling […]

A leisure and entertainment exchange traded fund is hitting its stride as American consumers forgo grocery shopping and spend more at restaurants. Year-to-date, the PowerShares Dynamic Leisure and Entertainment Portfolio (NYSEArca: PEJ) has increased 5.5%. PEJ targets U.S. leisure and entertainment companies, such as resorts, hotels, cruises and restaurants, and also weights components based on […]

Americans are getting into the festive spirit and increased spending this holiday season. More notably, consumers were inclined to spend on “experiences,” potentially lifting discretionary-sector exchange traded funds with large exposures to hotels and restaurants. For instance, the PowerShares Dynamic Leisure and Entertainment Portfolio (NYSEArca: PEJ) targets U.S. leisure and entertainment companies, such as resorts, […]

After years of belt tightening, Americans are now opening up their wallets. As spending rises, travel and discretionary-related exchange traded funds could experience continued strength. Over the July 4 weekend, about 34.8 million people are expected to travel 50 miles or more, up from 34.1 million last year and the most since 2007, Bloomberg reports. […]

The gaming exchange traded fund rolled a snake eyes Friday as Las Vegas Sands Corp (NYSE: LVS) reforms the way it does business in Macau to meet compliance rules. The Market Vectors Gaming ETF (NYSEArca: BJK) was down 0.7% Friday. BJK declined 3.8% over the past month and is down 1.8% year-to-date. Las Vegas Sands’ […]

The gaming exchange traded fund is on a roll, with Citi Research maintaining a “maximum bullish” stance on the sector as Macau gaming revenue surges this year. Since bottoming out on Feb. 5, the Market Vectors Gaming ETF (NYSEArca: BJK) has gained 10.4%. BJK is up 2.2% year-to-date. [Gaming ETF Cools Ahead of Lunar New […]

Market upheaval sent investors running for the hills, but a few traders are sticking around. For the more risk-tolerant individual, there are some exchange traded funds that provide targeted growth opportunities. Michael Bowman, portfolio manager at Wickham Investment Counsel, suggests looking into casinos, buyback stocks and spin-off names, writes Tim Shufelt for The Globe and […]

The gaming exchange traded fund that tracks global casinos and resorts could be in for a cold streak as growth slows, especially with Asian tourists staying close to home during the Chinese New Year celebrations. The Market Vectors Gaming ETF (NYSEArca: BJK) has declined 1.8% over the past week. Nevertheless, BJK has gained 41.5% over […]

Casinos, along with the related exchange traded fund, are in Lady Luck’s favor as southeast Asia quickly becomes the dominant global hub for the gambling industry, with earnings expected to stay resilient in face of any hiccups in the economy. Macau gaming stocks have jumped 76% this year, reports Shuli Ren for Barron’s. Even with […]

Investors are turning against the consumer discretionary exchange traded funds. Still, the excessively bearish outlook can be an opportunity to step in as the sector bounces around its short-term trend line. In a mid-August report, Bank of America outlined a bearish outlook on consumer discretionary stocks. BofA believes the sector is “the most overweight sector […]

I do the “ETF of the Week” for MarketWatch every Thursday on Chuck Jaffe’s MoneyLife Show where I highlight big movers and disappointments within the exchange traded fund market. On Thursday, I highlighted the Market Vectors Gaming ETF (NYSEArca: BJK). With the improving economic conditions, consumers are returning to casinos to test their luck. Despite […]

Market Vectors plans on swapping out the indices of its coal and gaming exchange traded funds in favor of in-house indices. According to a press release, on or about Sept. 21, the Market Vectors Coal ETF (NYSEArca: KOL), which currently tries to reflect the performance of the Stowe Coal Index, will follow the new Market […]

The gaming exchange traded fund fell Thursday after holding Wynn Resorts (NasdaqGS: WYNN) reported third quarter profit that fell short of analysts’ expectations. Market Vectors Gaming ETF (NYSEArca: BJK) was down 1.5% at last check Thursday and Wynn shares lost over 4%. Some investors were disappointed the company didn’t announce a special dividend, Bloomberg reported. […]

Yum Brands (NYSE: YUM) may provide a boost to food and consumer sector exchange traded funds after the fast food giant reported quarterly results after Wednesday’s closing bell and raised its 2011 profit outlook. The company, which brands include KFC and Taco Bell, has been able to offset slower U.S. sales by expanding in China. […]

Many companies, including Yum Brands (NYSE: YUM), are seeking profit from China, as the growth is robust and consumerism is alive and well. Chinese exchange traded funds (ETFs) and shares will be looking at profit, as well, if the trend continues. When you think of Prada or Samsonite, do you conjure images of the Chinese […]

Yum Brands (NYSE: YUM) is just one U.S. company that is realizing the potential of overseas growth, as emerging middle classes are rising. The company has recently expanded in China and India, with double digit growth spurring on further plans. Yum is the parent company of Taco Bell, Pizza Hut and KFC and is also […]

The potential is brewing for coffee-related shares and the iPath Dow Jones-UBS Coffee Subindex Total Return ETN (NYSEArca: JO), which jumped nearly 3% Wednesday morning. The coffee-futures exchange traded note (ETN) was up nearly 15% for the three months ended April 11. The coffee ETN is on a run along with other commodities, especially after […]

ETFs are flat on Wednesday after a series of Wall Street gains, as investors digest comments from Federal Reserve Chairman Ben Bernanke. The London and Toronto stock exchanges announced a landmark merger on Wednesday to create one of the world’s biggest trading platforms that will dominate the raw materials and energy sectors. The company, which […]

If you’re looking for evidence that consumers aren’t spending, you won’t find it at the Super Bowl. Ticket prices are sky high: scalpers were asking for as much as $1,300 before last year’s game. There will be no such bargains this year – the lowest price you’ll find is $2,000 on many retail websites. Forget […]

Fast food may not be the most lean and mean cuisine, but the operations of its purveyors are becoming that way. Smarter use of money and casting off dead weight could be a gain for exchange traded funds (ETFs) that own these companies. As the economy recovers, fast food corporations are taking a hard look […]

Exchange traded funds (ETFs) turned mixed on the last trading day of the year as investors opted to take profits off the table after a strong year of gains. The U.S. dollar edged lower in early trading Friday, extending the previous day’s slide as strong economic data out of Washington encouraged trade out of the […]

The gaming exchange traded fund (ETF) seems to have had a stroke of luck lately, but how long can it really last? Investors are placing their bets on the gaming industry yet again, as many companies are improving their balance sheets and tempting speculators. Howard Stutz for Casino City Times reports that nine of the […]

This Thanksgiving, about 90% of American households will have a turkey dinner. If you are not feeling like basting most of the day, plenty of restaurants are throwing their doors open. The urge to fill our bellies with comfort food could be a boon for food and beverage exchange traded funds (ETFs). Although Thanksgiving is […]

The news that the Chinese government is preparing to raise interest rates to rein in its fast-growing economy and fight inflation is helping to drive down shares of equity and commodity exchange traded funds (ETFs) in early trade. Chinese officials reported that the nation’s rate of inflation in October increased to the highest level in […]

The day the markets have anticipated is finally here: the Federal Reserve will wrap up a two-day policy meeting and announce whether there will be any quantitative easing steps taken. Ahead of the announcement, exchange traded funds (ETFs) paused for breath. The markets seem all but assured that the Federal Reserve will announce a purchase […]

Despite a jump in tourism and gambling revenue in Sin City, some analysts believe that the recent numbers are a freak occurrence. That means hard times could be in store for the gaming exchange traded fund (ETF). According to CB Richard Ellis’ Global Gaming Group, poor home prices, rising airfares, high unemployment levels and a […]

As Americans on Main Street hunt for signs of health in the U.S. economy, one place such health may be appearing is in exchange traded funds (ETFs) that hold restaurant stock. In a tight job market, the restaurant business has bucked the no-hiring trend. In September, restaurants and bars in the United States added 34,000 […]