NEW YORK (TheStreet) -- Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of who's winning and who's losing when it comes to ETFs.
iShares MSCI Taiwan Index Fund (EWT) 1.6%
iShares Taiwan is enjoying some nice gains today as the global economic recovery drives investors into the nation's markets.
Looking to this week, earnings season may provide some direction for EWT as top holding Taiwan Semiconductors (TSM) is scheduled on Tuesday to report its performance over the past three months. Although a good report would typically be enough power this fund higher, based on the market's reaction to other tech companies throughout this season, numbers will have to amaze.TSM accounts for nearly 14% of the fund's total portfolio. SPDR Dow Jones REIT ETF (RWR) 1.5% Real estate continues to power higher thanks to growing positive sentiment across the industry stemming from last week's stronger-than-expected report on new home sales. Though impressive, investors should be cautious of the real estate industry as we get closer to Friday when the government tax credit for home buyers officially expires. Market Vectors Steel ETF (SLX) 0.9% Steel is up today with iron ore producers and steelmakers trading higher. From February until the start of April, SLX scored consistent gains, allowing it to successfully overcome its 50-day moving average. However, in recent weeks the fund's trajectory has stumbled, causing the fund to fall back to its 50-day moving average. Over the past two days, the fund successfully tested support. Investors may want to take a look at this fund's performance over the next few days to see if its recent reversal can translate into a longer trend.
LosersSPDR KBW Regional Banking ETF (KRE) -2.3% Ongoing debate in Washington over financial reform is weighing on the financial industry today with regional banks taking the brunt of it. Today, Warren Buffett dominated headlines as the investor attempted to shield Berkshire Hathaway's (BRK.A) massive derivative portfolio from Washington's regulatory hammer. Unfortunately, the government does not appear willing to budge and Buffett's own "financial weapons of mass destruction" will receive no special treatment.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV