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.
iShares MSCI Italy Index Fund (EWI) 4.2%
Easing fears have helped the Italy-tracking ETF recover a respectable portion of the losses it suffered during Wednesday's tumble. Despite its two days of gains, however, I would encourage long-term investors to steer clear of this fund.
European economic woes will likely remain in focus during the days ahead so investors should use caution.Market Vectors Steel ETF (SLX) 3.4% Upward market action is luring investors back into growth-correlated industries. Some popular destinations appear to be steel, solar, and energy. SLX, Guggenheim Solar ETF (TAN) and PowerShares Dynamic Oil & Gas Services Portfolio (PXJ) are seeing notable gains. SPDR S&P Homebuilders ETF (XHB) 3% Real estate players are seeing a lift with XHB leading the pack higher. Looking to the week ahead, this corner of the housing sector will be interesting to watch. From an earnings perspective, retail giants Home Depot (HD) and Lowes (LOW) are slated to report earnings. Meanwhile, on the economic front, investors will want to keep a watch on Thursday's housing starts report.
LosersiPath S&P 500 VIX Short Term Futures ETN (VXX) -4.7% Fear is taking a back seat as investors regain a taste for risk. This, in turn, is driving VXX to its second day of notable losses. During the second half the week, the VIX has given up all of the gains during its steep Wednesday run-up. The volatile VIX-tracking products has shined through over the past week. As I've noted, these instruments are not suitable for conservative investors. United States Natural Gas Fund (UNG) -1.5% Major U.S. indices are witnessing impressive gains at the end of the week. However, on the commodities front, the action is choppy. While oil is treading higher and flirting with the $100 mark, ETFs linked to natural gas and certain agricultural products are in negative territory.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
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.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
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.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV