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.


iPath S&P 500 VIX Short Term Futures ETN(VXX) 5.2%

The VIX ETNs are scoring their first gains in more than a week today, riding higher as the markets trade in a mixed fashion. Less than positive earnings reports from financial players such as Goldman Sachs (GS ).

Looking ahead, investors should continue to steer clear of VXX and the iPath S&P 500 VIX Mid Term Futures ETN (VXZ). Neither has shown signs of stabilizing and could have further to fall as the global economy continues to improve.

United States Natural Gas Fund(UNG) 2.7%

Natural gas prices are seeing strength today as well, benefiting from a cold forecast.

Energy is expected to be a promising region of the market to watch in 2011 as global markets continue to recover and expand. On Tuesday, the International Energy Agency boosted industry confidence, raising their 2011 global energy demand forecast.

iPath Dow Jones UBS Cotton Total Return Subindex ETN(BAL) 2.6%

Although today marks the cotton ETN's second consecutive day of gains, the fund remains locked in a sideways pattern that has persisted throughout the start of the new year. As we look ahead, the fund's 50-day moving average should be monitored. Since August, this level has been a consistent area of support.


iShares MSCI South Africa Index Fund(EZA) -2.9

The South Africa ETF is slumping today, pressured retailers which slipped to three-month lows. Although EZA is heavily dedicated to materials and financials, the consumer plays an important part in directing its action. Together, consumer discretionary and consumer staples account for close to 20% of the fund's total index.

SPDR S&P Metals & Mining ETF(XME) -2.7%

Wednesday's mixed market action is hitting miners hailing from all walks of the base materials industry, leading the broad based XME to perform in a shaky manner. Also heading lower is the First Trust ISE Global Copper Index Fund (CU).

Despite today's tumble, the mining industry remains an attractive region of the markets. As economies around the globe continue along the road to recovery, demand for hard assets such as copper, steel and coal will likely remain high.

PowerShares WilderHill Clean Energy Portfolio(PBW) -2.5%

The clean energy industry is getting hit today, leading PBW to losses. In the past, I have looked to PBW as a safer alternative for investors looking for exposure to the clean energy industry. By spreading its assets across a number of different industry facets, this fund will be better protected against market turmoil than single subsector funds such as Guggenheim Solar Energy ETF (TAN).

All prices as of 2:15 PM EST

This commentary comes from an independent investor or market observer as part of TheStreet guest contributor program. The views expressed are those of the author and do not necessarily represent the views of TheStreet or its management.

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
BAL $38.29 -1.20%
XME $14.30 0.35%
VXX $29.78 6.09%
EZA $43.10 -0.60%
UNG $7.30 -2.70%


Chart of I:DJI
DOW 15,660.18 -254.56 -1.60%
S&P 500 1,829.08 -22.78 -1.23%
NASDAQ 4,266.8370 -16.7550 -0.39%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs