Technology giants are bullish about the future outlook of the technology sector. A growing market for technology goods may power technology-related ETFs.
U.K. Bluetooth specialist CSR PLC remains bullish on prospects for the wireless technology market; however, the strength of the economic recovery still remains a factor.
Below is a list of ETFs trading--but not necessarily closing--at new 52 week highs on Wednesday, December 15th and ranked in order of 1 year performance. Leveraged ETFs are included. Yesterday's list includes 68 ETFs which is quite a few more then previous lists which often had less then 20. Technology and midcaps stand out as two prominent themes on the list.
After markets closed on Wednesday, Apple (AAPL) trounced expectations by reporting a 15% jump in its second-quarter earnings from a year earlier. That had to come as particularly good news for investors in the PowerShares QQQ (QQQQ).
The number of ETFs on Deathwatch continues to grow as we enter 2009. My current list contains 139 names: 97 ETFs and 42 ETNs. The list includes any ETF/ETN that is at least six months old and had an Average Daily Value Traded of less than $100,000 in December.
Exchange Trade Notes are suffering from concerns of default risk. The Lehman Brothers (LEHMQ.PK) bankruptcy, which resulted in the demise of three ETNs, is causing investors to hesitate before throwing money...
The chart below shows that both smart
and consensus mutual funds are selling their Technology holdings.
In the face of such selling pressure it will be difficult for the
sector to make any headway in the medium term.
Michael Bommarito submits:First Trust recently launched a series of quant ETFs under their AlphaDEX brand. Though they were met with much speculation and conceptual praise, the majority of these funds have seen very little dollar attention.
Monday, however, saw a number of these funds with high volume, perhaps signaling an increasing interest. Below is the list of AlphaDEX funds for which I have sufficient data to calculate the majority of these parameters, sorted by the number of millions of dollars they have traded this past month.
IndexUniverse submits: Fourteen years after the first exchange-traded fund hit the market, the ETF industry celebrated a milestone on May 10th when the 500th ETF started trading.
And not just the 500th ? the industry roared past the 500 mark, to 515, as seventeen new ETFs from First Trust launched on the American Stock Exchange. Sixteen of those funds make up First Trust?s new ?AlphaDEX? family of ETFs, which use quantitative strategies in an attempt to beat the market. They are:
By Carolyn Dion This is the deceptively simple question at the core of an often-overlooked breed of ETFs that refuses to fit the mold. Not traditionally passive and not quite active, innovative ...
Stock News 
The number of ETFs on Deathwatch continues to grow as we enter 2009. My current list contains 139 names: 97 ETFs and 42 ETNs. The list includes any ETF/ETN that is at least six months old and had an Average Daily Value Traded of less than $100,000 in December.
