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 Tuesday 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

iShares Gold Trust (IAU) 1.5%

Safe haven asset classes are taking a hit, indicated by the nearly 1.5% losses seen from the iShares Barclays 20+ Year Treasury Bond Fund (TLT). Meanwhile, gold is pushing higher, sending IAU and the SPDR Gold Shares (GLD) to the winners list.

Gold miners are lagging, meanwhile. The Market Vectors Gold Miners ETF (GDX) is unchanged.

United States Oil Fund (USO) 1.5%.

Oil futures are heading higher as we approach the middle of the week.

The alternative energy industry is gaining as well, pushing the Guggenheim Solar ETF (TAN) to its fifth day of upward action. As the broad marketplace attempts to maintain its strength, the volatile fund has managed to break to new 2012 highs and recover to levels last seen in late-October.

WisdomTree Japan Hedged Equity Fund (DXJ) 1.3%

Japanese equities are heading higher, pushing broad-based funds like the iShares MSCI Japan Index Fund (EWJ) to strength. The yen's losses, however, is helping to contain any upward action. Investors who opt to venture into Japan's markets using DXJ are better suited for a weak-yen environment. The fund is specifically designed to defend against dollar-yen fluctuations.

Strength can be found in other corners of the developed world as well. The iShares MSCI Italy Index Fund (EWI) is recovering a good portion of yesterday's losses.

Losers

United States Natural Gas Fund (UNG) -3.6%

Natural gas futures are heading south, pushing UNG along its volatile path.

Meanwhile, a 19% premium is heavily impacting the performance of the iPath Dow Jones UBS Natural Gas Subindex Total Return ETN (GAZ), causing it to diverge from UNG. The ETN is off less than 2% early afternoon trading. Global X Copper Miners ETF (COPX) -1.7%

COPX's steep early-year run up helped the fund recapture its 200-day moving average for the first time since breaking below last August. Now, however, it appears as though the fund is taking a breather.

Copper miners and other single subsector producer funds could be in for trouble in the event that growth concerns resurface. Use caution here.

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
Submit an article to us!
SYM TRADE IT LAST %CHG
COPX $8.21 0.00%
DXJ $57.79 0.00%
IAU $11.49 0.00%
TAN $47.42 0.00%
UNG $13.77 -0.94%

Markets

DOW 18,070.40 +46.34 0.26%
S&P 500 2,114.49 +6.20 0.29%
NASDAQ 5,016.9290 +11.5380 0.23%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs