This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Dion's Tuesday ETF Winners and Losers

Stocks in this article: MCP PEK KRE REMX UNG EWS VXX

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.

Winners

Market Vectors Rare Earth/Strategic Metals ETF (REMX) 2.9%

Shares of Molycorp (MCP) are surging nearly 15% today on news that the firm will form a joint venture with Japan's Hitachi. The two firms will work together to produce rare earth magnets. MCP's strength is leading the rare-earth ETF to a day of notable gains.

MCP represents over 5% of REMX's portfolio, placing it as the sixth-largest index constituent.

Market Vectors China ETF (PEK) 2.7%

A broad collection of China-focused ETFs are heading higher today. Leading the pack is the Market Vectors PEK. Unlike other ETFs, which track a basket of Chinese equities, PEK utilizes derivatives in an attempt to mimic the performance of China A-Shares.

While the approach is unique, the popularity of the fund has led it to disconnect from its underlying assets, resulting in a premium that currently stands at over 14%.

As long as this disconnect persists, it will be difficult to predict how PEK will perform.

SPDR KBW Regional Banking ETF (KRE) 2.4%

The regional banks have staged a dramatic rally throughout December, resulting in KRE recovering to levels last seen in mid-May.

The financial industry, as a whole, faced headwinds throughout 2010 as the threat of sweeping Washington regulation loomed. Now that the bill has been passed, it will be interesting to see how funds such as KRE fare in the new year.

Losers

United States Natural Gas Fund (UNG) -3.2%

Mild weather forecasts are wreaking havoc on the natural gas industry and causing futures-based funds, such as UNG and iPath Dow Jones UBS Natural Gas Total Return Subindex ETN (GAZ), to tumble on Tuesday.

Despite the fuel's dip, however, the equity-backed First Trust ISE Revere Natural Gas Index Fund (FCG) is scoring gains, jumping 1.0% in early afternoon trading.

iPath S&P 500 VIX Short-Term Futures ETN (VXX) -1.6%

The ongoing economic recovery has helped power the S&P 500 to levels last seen prior to the Lehman Brothers bankruptcy. As we close in on the end of the year, it will be exciting to see if the markets can hang onto this noteworthy level.

1 of 2

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.
Submit an article to us!

Markets

DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

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