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 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.

Winners

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.

Losers

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.

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!
DOW 17,079.57 -42.44 -0.25%
S&P 500 1,996.74 -3.38 -0.17%
NASDAQ 4,557.6950 -11.9260 -0.26%

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