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

Dion's Wednesday ETF Winners and Losers

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.


Market Vectors Gold Miners ETF (GDX) 2.3%

Gold prices have been on a tear recently, returning to $1,200 levels as investors remained concerned about the strength of the global economic recovery. The rising price of the yellow metal is propelling gold miners higher, helping GDX and Market Vectors Junior Gold Miners ETF (GDXJ) pocket gains.

First Trust Dow Jones Internet Index ETF (FDN) 2.3%

Search giant Google (GOOG) is making headlines today after news reports indicated that the company was working with Verizon (VZ) and Motorola (MOT) to develop an Android powered tablet computer which would take on the successful Apple (AAPL) iPad.

Google accounts for the largest position in FDN, representing nearly 10% of the fund's total index.

iPath Dow Jones-UBS Grains Total Return Subindex ETN (JJG) 2.4%

Grain prices are climbing today as Russia's wheat market remains threatened by lingering drought conditions which have already cut into forecasted yields. On Wednesday, commodities trader Glencore urged the nation's government to institute a ban on wheat exports.


iShares MSCI Turkey Investable Market Index Fund (TUR) -1%

After running up nearly uninterrupted for more than a month, the Turkey ETF appears to be taking a breather, pocketing its second consecutive day of losses. The fund recently hit a new 2010 high.

Looking to the future, political tension between Turkey and Israel may put some weight on this fund's performance.

iShares MSCI Spain Index Fund (EWP) -1.1%

EWP staged an impressive rally through July. Over the past month, the fund has shot through both its 50- and 200-day moving averages, revisiting levels last seen in the second half of April.

Global X China Financials ETF (CHIX) -1.1%

Investors are fleeing China's financial industry today on word that the nation's banking regulator was urging banks to conduct stress tests to determine how they would be affected by a 60% drop in housing prices.

For a while now, I have warned investors to be cautious of playing China's banking sector and ETFs with heavy financial exposure, such as iShares FTSE/Xinhua China 25 (FXI). Claymore/AlphaShares China Small Cap Index ETF (HAO) is a far more reliable play for this nation.
1 of 2

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
CHIX $12.26 0.00%
FDN $69.46 0.00%
EWP $28.84 0.00%
GDX $25.83 0.00%
KOL $8.69 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs