This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Monday's ETF Winners & Losers

Exchange-traded funds tracking the retail sector were among the best performers of Monday's session, following a positive earnings forecast and strong economic data.

Before the opening bell, department store giant Sears (SHLD) said its second-quarter earnings should be roughly in line with analysts' expectations. The company also said it would repurchase up to $1.5 billion more of its common stock.

Meanwhile, the Commerce Department said retail sales rose 0.3% last month, compared with a revised 0.7% decline in June. Excluding autos, retail sales were up 0.4%. Both figures were slightly above forecasts.

The First Trust Consumer Staples AlphaDEX (FXG) ETF was higher by 64 cents, or 3.4%, to $19.23. The Ultra Consumer Services ProShares (UCC) was up $1.57, or 2.5%, to $63.30. The PowerShares Dynamic Retail (PMR) climbed 44 cents, or 2.5%, to $18.25.

The Wireless HOLDRs (WMH) was also among the winners, thanks to gains of 3% or more in holdings Sprint Nextel (S), Qualcomm (QCOM) and Research In Motion (RIMM). The ETF was adding $1.89, or 2.9%, to $67.20.

Bundled securities that track overseas activity were gaining ground after several central banks worldwide bought more securities, injecting funds into the banking system. The European Central Bank has put another $65 billion into its system, and the Bank of Japan has contributed an additional $5 billion. Global equity measures gained ground after the actions. Tokyo's Nikkei was up 0.2%, and Hong Kong's Hang Seng advanced 0.5%. London's FTSE surged 3%, and Frankfurt's DAX climbed 1.8%.

The PowerShares Dynamic Europe (PEH) was rising by 61 cents, or 2.6%, to $23.83. The SPDR S&P World ex-U.S. (GWL) was up 62 cents, or 2%, to $32.15. The iShares MSCI Emerging Markets Index (EEM) added $2.30, or 1.8%, to $129.85.

On the other hand, housing-related ETFs continued to crumble. Early Monday, homebuilder Hovnanian (HOV) said it delivered 3,179 homes in the third quarter, a decline of 31% from the year-ago period. More than 2,500 contracts were signed, but that was down 24% from last year.

In addition to Hovnanian, D.R. Horton (DHI), Lennar (LEN), Toll Brothers (TOL) and Centex (CTX) were all losing 3.5% or more.

The iShares Dow Jones U.S. Home Construction (ITB) was falling by $1.40, or 5.1%, to $26. The SPDR S&P Homebuilders (XHB) was down 99 cents, or 3.7%, to $26.07.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
GWL $25.38 -2.42%
ITB $27.53 -1.85%
XHB $35.93 -1.48%
FXG $42.69 -1.13%
EEM $32.14 -2.99%

Markets

Chart of I:DJI
DOW 16,102.38 -272.38 -1.66%
S&P 500 1,921.22 -29.91 -1.53%
NASDAQ 4,683.9190 -49.5780 -1.05%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs