NEW YORK (
) -- Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of what's rising and what's falling when it comes to ETFs.
United States Natural Gas
UNG has followed last Thursday's strength with additional gains. Today's upward action can be attributed to a
The Wall Street Journal
report which said the Energy Information Administration was taking steps to revise its methods of documenting natural gas output.
In the past, data collected by the agency overlooked the volatility of smaller fuel producers, which lead to overstated output. New methodologies will better take these minor players into consideration, reducing future reports' statistical error.
ETFS Physical Palladium Shares
On Monday, palladium prices and PALL led the precious metals industry, following the broad market higher. The white metal managed to reach a two- year peak as investors become more optimistic regarding the status of the U.S. and global economic recovery. Platinum also saw a boost, rising to its highest levels since August 2008.
iShares MSCI Turkey Investable Market Index Fund
TUR has managed to lock in some of the strongest gains across the broad ETF industry during Monday's trading. Today, the Turkish markets received mixed news regarding the nation's inflation. Annual inflation fell to 9.6% from 10.1% while core inflation rose to 5.4% from 4.1%.
Market Vectors Indonesia Index ETF
The fund saw a solid advance today on news that the Southeast Asian nation's central bank will keep interest rates steady at 6.5%. A strong economic outlook coupled with currency strength helped the country's stock market rose to a level not seen since 2008 during Monday's trading.
iPath S&P 500 VIX Short-Term Futures ETN
Last week, the VXX consistently earned a spot among the daily losers. On Monday, the story was no different. A broad up market helped alleviate investors' fears, causing investors to further flee the volatility tracking fund. Until we see some market consolidation, this fund will likely continue its downward path.
iShares Barclays 20+ Year Treasurey Bond Fund
TLT will be a fund to watch over the next few days as it approaches a multi-year technical level of interest. Since November 2007, the fund has consistently bounced against the mid-$87.50 level on a number of occasions. Today, the fund is testing that area again and any slide below may be a sign of a dramatic breakdown.
All prices as of 2:15PM EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion was long iShares Barclays 20+ Year Treasurey Bond Fund.
Don Dion is president and founder of
, a fee-based investment advisory firm to affluent individuals, families and nonprofit organizations, where he is responsible for setting investment policy, creating custom portfolios and overseeing the performance of client accounts. Founded in 1996 and based in Williamstown, Mass., Dion Money Management manages assets for clients in 49 states and 11 countries. Dion is a licensed attorney in Massachusetts and Maine and has more than 25 years' experience working in the financial markets, having founded and run two publicly traded companies before establishing Dion Money Management.
Dion also is publisher of the Fidelity Independent Adviser family of newsletters, which provides to a broad range of investors his commentary on the financial markets, with a specific emphasis on mutual funds and exchange-traded funds. With more than 100,000 subscribers in the U.S. and 29 other countries, Fidelity Independent Adviser publishes six monthly newsletters and three weekly newsletters. Its flagship publication, Fidelity Independent Adviser, has been published monthly for 11 years and reaches 40,000 subscribers.