This Day On The Street
Continue to site
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

This Week's ETF Winners & Losers

Exchange-traded funds tracking financial stocks were among the best performers this week as traders hoped -- again -- that banks are finally close to getting rid of the last of their soured assets.

The Ultra Financials ProShares (UYG) soared 12.3% for the week. The Financial Select Sector SPDR (XLF), iShares Dow Jones U.S. Financial Services (IYG) and Vanguard Financials (VFH) ETF added 5.9% or more.

Earlier this week, both UBS (UBS - Get Report) and Deutsche Bank (DB - Get Report) announced they'll be taking billions more in writedowns in the first quarter, leading traders to surmise that financial firms are making a final push to get rid of those bad assets and move past the subprime calamity that has dragged down the market. Also cheering traders was news that UBS and Lehman Brothers (LEH) have set plans to raise more capital.

Also doing well this week were commodities ETFs. PowerShares DB Commodity Index Tracking Fund (DBC) and iShares S&P GSCI Commodity-Indexed Trust (GSG) rose 1.1% and 2.1%, respectively.

With crude prices rising, the Oil Services HOLDRs (OIH), PowerShares Dynamic Oil & Gas Services (PXJ) and Ultra Oil & Gas ProShares (DIG) advanced 1.4% or more.

Bundled securities tracking gold-related stocks, however, took a collective slide as gold futures lost ground for the week. Over the past five trading sessions, PowerShares DB Gold (DGL) lost 2%, the iShares COMEX Gold Trust (IAU) shed 1.8%, and the streetTRACKS Gold Shares (GLD) was off 1.8%.

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
IAU $11.56 0.48%
UYG $51.61 -1.50%
GLD $114.51 0.60%
XLF $20.20 -1.10%
DB $14.87 -4.30%


Chart of I:DJI
DOW 15,930.97 -96.08 -0.60%
S&P 500 1,836.21 -17.23 -0.93%
NASDAQ 4,230.9480 -52.8050 -1.23%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs