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
See Cramer's multi-million dollar portfolio for FREE and get his new book Get Rich Carefully! Learn More

Dion's Weekly ETF Winners and Losers

With THD, watch how the fund behaves vs. what the headlines say. It has performed well on bad news days, when the casual observer would assume the stock market would be down. If investors have confidence to invest in the face of negative news, it's a positive sign.

Losers

iShares MSCI Austria (EWO) -8.1%

Romania had a failed bond auction, and Hungary's political leaders said the country could default, claiming that the previous government lied about the true state of the nation's finances. The news also shook Poland, and the Polish currency, the zloty, fell more than 3% on Friday alone.

Among Western European nations, the Austrian banking system has the greatest exposure to Eastern European debt. Back in 2009, investors were watching Austria for signs of banking or sovereign debt problems, but the region held steady as world markets improved. These nations fell off the radar as Greece, Spain and the rest of the PIIGS grabbed attention, but now this problem is back and was responsible for the euro breaking below major long-term support levels.

PowerShares DB Base Metals (DBB) -10.1%

Although investors are concerned about a possible slowdown in the Chinese economy, it's the strong dollar and general fear in the markets that have the industrial metals tumbling. All commodities are under pressure, with only a few notable exceptions such as gold and the already pummeled natural gas and sugar. With the broader commodity indices looking bearish, the volatile industrial metals are ripe for a dramatic drop during a global selloff, and DBB has lost 20% since April 30.

iShares Dow Jones US Home Construction (ITB) -7.6%

Homebuilders have enjoyed a nice run in 2010 and have outperformed the S&P 500 index by about 8% following Friday's loss. Housing data were good this week, but there was some concern about a drop in mortgage applications that could translate into lower sales by late summer, if the trend continues. It didn't help that some of the bad news on Friday was jobs-related.

At the time of publication, Dion Money Management owned THD.

-- Written by Don Dion in Williamstown, Mass.

Stock quotes in this article: UNG, VXX, THD 

Don Dion is president and founder of Dion Money Management, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Mass., Dion Money Management manages assets for clients in 49 states and 11 countries. Dion is a licensed attorney in Massachusetts and Maine and has more than 25 years' experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.

Dion also is publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors his commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 100,000 subscribers in the U.S. and 29 other countries, Fidelity Independent Adviser publishes six monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, 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
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

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.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

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.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
DOW 16,262.56 +89.32 0.55%
S&P 500 1,842.98 +12.37 0.68%
NASDAQ 4,034.1610 +11.4670 0.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs