Join        Login             Stock Quote

ETF Preview: Tech Funds Getting Boost from Amazon.com Spending, Retail ETFs Finding Little New Traction Though Early Sales Data Positive

 November 29, 2010 08:54 AM

Active broad-market exchange-traded funds in Friday's regular session:

SPDR S&P 500 (SPY): -1.2%

iShares S&P 500 (IVV): -1.1%

PowerShares QQQ (QQQQ): -0.7%

iShares Russell 2000 (IWM): -0.7%

iShares Russell 1000 Growth (IWF): -0.7%

iShares MSCI Emerging Markets Index (EEM): -2.5%

United States Oil Fund (USO): -0.2%

SPDR Gold Shares (GLD): -0.8%

Select Financial Sector SPDRS (XLF): -1.4%

Top Pre-Market Volume Movers:

SPY, -0.1%

IWM, -0.3%

QQQQ, -0.2%

TZA, +1.1%

SDS, +0.4%

Winners and Losers

Major broad-market ETFs, including the SPY, DIA, IWM and others, are narrowly mixed as futures trading has turned modest early gains into choppy trading at last check. The actively traded Nasdaq-focused PowerShares QQQ (QQQQ) is down 0.1%.

Bullish broad-market ETFs and futures on major stock indexes were off to a solidly firmer start early Monday, but are now mixed. Investors give a favorable reaction to weekend holiday retail results. Major European markets gained initially but that rally fizzled. A multi-lateral 85 billion euro ($113 billion) bailout package for Ireland only briefly lifted sentiment.

The Direxion Daily Small Cap Bull 3X (TNA) is down 1.2%, so far ranging between 58 and 60.30. Ultra QQQ (QLD) is down 0.4%, ranging between 75.77 and 76.94. Ultra S&P 500 (SSO) is down 0.4%, ranging between 43.05 and 42.27.

The Direxion Daily Small Cap Bear 3X (TZA) is up 1.4%, ranging between 19.15 and 19.86. Actively traded Proshares Ultrashort S&P 500 (SDS) is up 0.5%, ranging between 26.75 and 27.18, while Proshares Ultrapro Short S&P 500 (SPXU) is up 0.8%, ranging between 23.36 to 23.77.

Financials -

Select Financial Sector SPDRs (XLF) is up 0.1%. The Direxion Financial Bull 3X fund (FAS) is down 0.1%; its bearish counterpart, FAZ, is up 0.2%. Among active issues: C, +0.2%; BAC, +0.2%; IRE, +20%; AIB, +9.8%.

- Volatile Irish banks are up sharply in U.S. pre-market trading, continuing the firm response on display in their local market Monday in reaction to the weekend announcement of financial aid.

Next Page >>123
iOnTheMarket Premium


Comments Closed

rss feed

Latest Stories

article imageSolar and Biotechnology Stocks Rally as Rational Exuberance Dominates

Solar stocks are rallying due to positive earnings and deals. Biotechnology stocks are also rallying due to read on...

article imageA Hefty Upside Surprise For February Payrolls

Private payrolls increased substantially more than expected in February, delivering an encouraging dose of read on...

article imageWarren Buffett’s Stellar Record In Defying Economic Gravity

One of the more intriguing observations in Berkshire Hathaway’s new letter to shareholders is Warren read on...

article imageDebate Around the 2015 Rate Hike Intensifies

Following Janet Yellen's Senate Banking Committee testimony, the Fed seems to be quite deliberate in read on...

Popular Articles

Daily Sector Scan
Partner Center

Fundamental data is provided by Zacks Investment Research, and Commentary, news and Press Releases provided by YellowBrix and Quotemedia.
All information provided "as is" for informational purposes only, not intended for trading purposes or advice. iStockAnalyst.com is not an investment adviser and does not provide, endorse or review any information or data contained herein.
The blog articles are opinions by respective blogger. By using this site you are agreeing to terms and conditions posted on respective bloggers' website.
The postings/comments on the site may or may not be from reliable sources. Neither iStockAnalyst nor any of its independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. You are solely responsible for the investment decisions made by you and the consequences resulting therefrom. By accessing the iStockAnalyst.com site, you agree not to redistribute the information found therein.
The sector scan is based on 15-30 minutes delayed data. The Pattern scan is based on EOD data.