Join        Login             Stock Quote

ETF Preview: Tech Funds Leaning Higher With Oracle Earnings In Focus; BofA Lifts Financial Funds

 December 16, 2010 09:15 AM

8:46 AM, Dec 16, 2010 -- Active broad-market exchange-traded funds in Wednesday's regular session:

SPDR S&P 500 (SPY): -0.5%

iShares S&P 500 (IVV): -0.4%

PowerShares QQQ (QQQQ): -0.4%

iShares Russell 2000 (IWM): -0.3%

iShares Russell 1000 Growth (IWF): -0.4%

iShares MSCI Emerging Markets Index (EEM): -1.6%

United States Oil Fund (USO): +0.2%

SPDR Gold Shares (GLD): -1.1%

Select Financial Sector SPDRS (XLF): -0.8%

Top Pre-Market Volume Movers:

SPY, +0.2%

QQQQ, +0.2%

UNG, -1.2%

SDS, -0.3%

GLD, +0.1%

Winners and Losers

Major broad-market ETFs, including the SPY, DIA, IWM and others, are moderately firmer amid hopes Europe can prevent the spread of debt problems there and following the release of mixed U.S. economic news. Futures did pare early gains after disappointing FedEx (FDX) earnings. The actively traded Nasdaq-focused PowerShares QQQ (QQQQ) is up 0.2%.

The Direxion Daily Small Cap Bull 3X (TNA) is steady, so far ranging between 68.50 and 69.14. Ultra QQQ (QLD) is thinly traded. Ultra S&P 500 (SSO) is down 0.02%, ranging between 46.55 and 46.27.

The Direxion Daily Small Cap Bear 3X (TZA) is down 0.06%, ranging between 16.64 and 16.47. Actively traded Proshares Ultrashort S&P 500 (SDS) is down 0.2%, ranging between 24.73 and 24.56, while Proshares Ultrapro Short S&P 500 (SPXU) is lightly traded.

Financial -

Select Financial Sector SPDRs (XLF) is up 0.3%. The Direxion Financial Bull 3X fund (FAS) is up 1.4%; its bearish counterpart, FAZ, is down 1.3%. Among active issues: C, +0.9%; BAC, +2.2%; IRE, -1.8%, AIB, -3.8%.

Bank of America (BAC) advanced in after-hours trade and is up 2% this morning after the WSJ said the company is in talks with mortgage investors to settle charges it mishandled $16.5 bln in mortgages it packaged into bonds.

Next Page >>123
iOnTheMarket Premium


Comments Closed

rss feed

Latest Stories

article imageTwo Picks to Play Defense in a Slowing Economy

Is the economy slowing? Last Thursday the Institute for Supply Management (ISM) reported that its read on...

article imageUS Jobless Claims Fall, Moving Closer To Multi-Decade Low… Again

US jobless claims continue to cast a positive glow on the outlook for the labor market. Today’s weekly read on...

article imageLong-term Relationships and Credit Scores

Unlike many commentators, I tend to think credit scores are a good read on...

article imageIn Defense Of Rolling Return Charts

Robeco’s Lukas Daalder has a bit of an issue with rolling-performance graphics. Bashing a recent chart of 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.