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.
iPath S&P 500 VIX Short Term Futures ETN (VXX) 3.3%
U.S. investors may be preparing for the Thanksgiving holiday, but the issues facing the global markets are showing few signs of relief. News of a disappointing bond auction in Germany is especially concerning for those following the ongoing European economic crisis.
In the face of these concerns, both the VXX and VIX indices have managed to power higher. Interestingly, despite these economic headwinds, the fear index has remained tempered below its 50-day moving average. It has seen a series of higher lows, however, and in the near future, it will be interesting to see where it heads next.Powershares DB U.S. Dollar Index Bullish Fund (UUP) 1.2% Investors are fully embracing a risk-off mentality in an effort to navigating this choppy trading environment. The dollar has become a darling, with UUP being one of the few winners this afternoon. UUP has gained ground every day this week as it approaches its October highs.
LosersGlobal X Norway ETF (NORW) -5.2% The economic crisis facing the EU is weighing on nations from outside of the monetary bloc as well. Norway, for example, has struggled to stabilize, leading NORW to dip in six of the past eight trading sessions. This string of losses has helped undo much of the gains during the fund's October rally. For long-term investors, the sidelines are the safest place to monitor this corner of the developed world. Market Vectors Steel ETF (SLX) -4.5% The steel ETF has suffered six consecutive days of losses as a deluge of bad news weighs heavily on investor growth prospects. Other materials-linked ETFs such as the SPDR S&P Metals & Mining ETF (XME) and Global X Copper Miners ETF (COPX) are struggling as well. iShares MSCI Taiwan Index Fund (EWT) -3.8% While Europe's economic woes are taking center stage, weakness can be seen across other corners of the global as well. Taiwan, for example, is sliding, leading EWT to new 2011 lows.
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