This Day On The Street
Continue to site
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

Dion's Thursday ETF Winners and Losers

NEW YORK ( TheStreet) -- Welcome to Don Dion's "ETF Winners and Losers." Be sure to stop by throughout the week to find out which ETFs are gaining or losing.

Winners

iPath Dow Jones UBS Sugar Subindex Total Return ETN (SGG) 3.9%

A bevy of exchange traded products linked to agricultural futures contracts are heading higher as we approach the close. Leading the way higher is SGG, iPath Dow Jones UBS Cotton Subindex Total Return ETN (BAL) and iPath Dow Jones UBS Coffee Subindex Total Return ETN (JO).

Corn appears to be bucking this trend, as indicated by the downward action seen from the Teucrium Corn ETF (CORN).

iShares PHLX SOX Semiconductor Sector Index Fund (SOXX) 1.7%

The semiconductors have enjoyed a strong start to October. During the opening weeks of the month, shares of SOXX have witnessed only two days of downward action as the fund has attempted to recover some of the ground lost during its summertime slide.

It will be interesting to see if the fund can continue to power higher. It is nearing its September highs.

First Trust Amex Biotechnology Fund (FBT) 1.1%

Strength from companies, including Regeneron Pharmaceuticals (REGN) and Biogen (BIIB), are helping to buoy biotechnology ETFs like FBT and iShares Nasdaq Biotechnology Index Fund (IBB) as we approach the close.

Biotech can be a tricky to tame because of the inherent volatility of individual companies. In the past, I have encouraged the most risk wary investors looking for exposure to this industry to turn to IBB.

Losers

iShares MSCI Thailand Investable Market Index Fund (THD) -3.3%

The Thailand ETF has witnessed a persistent, multi-week bounce following its steep September sell-off. In the near term, though, the fund could be in for trouble.

At this time, a large portion of the nation is battling against rising flood waters that threaten to disrupt the nation's marketplace. This week, Thailand's Deputy Prime Minister warned that the damage caused by the floods could shrink GDP growth by 0.6% to 0.9%.

SPDR KBW Bank ETF (KBE) -3.2%

Banking ETFs are heading south, with the broad-based KBE leading the way.

Industry leader JPMorgan (JPM) is one of the biggest decliners, dropping over 5% during early afternoon trading. On Thursday morning, the firm kicked off the earnings season for the financials. Despite beating analyst estimates, choppy market action still resulted in a notable decline in profits.
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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
SOXX $82.77 3.72%
SGG $26.62 5.72%
THD $65.45 3.84%
FBT $114.70 2.77%
CU $12.83 5.77%

Markets

Chart of I:DJI
DOW 16,654.77 +369.26 2.27%
S&P 500 1,987.66 +47.15 2.43%
NASDAQ 4,812.7080 +115.1720 2.45%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs