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

Don Dion's Weekly ETF Blog Wrap

NEW YORK ( TheStreet) -- Don Dion posts his current insights on the stock, bond, commodity and currency markets in his RealMoney blog, anticipating which ETFs will be in play next.

In the following three blogs from the past week, Don commented on how steady oil prices and a stronger economy make Russia ETF a good bet; China's move to raise the minimum downpayment required on property in a bid to slow the housing market; and the performance of a regional bank ETF.

Russia ETF Has Room to Run

Posted 4/23/2010 10:39 AM EDT

Steadily rising oil prices and a strengthening economy make the Market Vectors Russia ETF (RSX) an attractive buy.

Year to date, the energy-heavy RSX has gained more than 11%, but I believe there's still room to grow in the short term.

> > Bull or Bear? Vote in Our Poll

Demand for Russian bonds has far outstripped supply , as the country re-enters the international bond market for the first time since 1998, when Russia suffered a financial collapse. That was likely last time many investors took stock of Russia's bond-market potential. State debt, at only 8% of GDP, now make these bonds a much more stable bet, and I believe the strengthening bond market signals overall economic health.

RSX is based on an index designed by Market Vectors, and it offers exposure to a basket of Russian ordinaries -- equities traded on local exchanges. Rather than trying to pick a foreign exchange to gain exposure to Russia's overall economy, RSX offers a simple alternative.

I recently added RSX to the ETF Action Portfolio , and I believe the summer-driving season -- combined with a relatively strong economy -- will help keep this fund running up.
1 of 3

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
HAO $22.63 2.67%
XLF $23.23 1.10%
KRE $40.53 0.97%
IAT $33.99 1.50%
RSX $15.96 0.54%

Markets

Chart of I:DJI
DOW 16,486.70 +135.32 0.83%
S&P 500 1,968.11 +19.25 0.99%
NASDAQ 4,783.5890 +33.61 0.71%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs