NEW YORK (TheStreet) -- Welcome to Don Dion's Daily ETF Winners and Losers. Be sure to stop by each day to get a feel of who's winning and who's losing when it comes to ETFs.
Market Vectors Junior Gold Miners ETF
Junior gold miners are powering higher today, lifting GDXJ to all-time highs. The driver of today's rally is news of
$3.4 billion deal to buy Andean Resources.
Market Vectors Gold Miners ETF
, which has a 12% slice of its index dedicated to GG, found itself in negative territory in the early afternoon.
iShares MSCI Taiwan Index Fund
Taiwan's markets saw strength today, driving EWT to comfortable gains.
EWT provides investors with a unique way to play the technology industry. With top positions including
Taiwan Semiconductor Manufacturing
, Hon Hai, and HTC, this fund will do well as smart phones and technology become increasingly important to our everyday lives.
iShares Dow Jones U.S. Financial Services Sector Index Fund
A strong jobs report is helping a broad collection of financial industry-related ETFs head higher as investors get ready for a long Labor Day weekend. Wall Street titans
are two of the biggest gainers today, jumping 5.5% and 2.6% respectively.
Goldman shares are jumping today in light of news that it is disbanding its proprietary trading unit.
iShares Dow Jones U.S. Healthcare Provider Sector Index Fund
Health care is another region of the market seeing comfortable gains on the eve of the holiday weekend. Friday marks the third consecutive day of gains for this fund which, like the rest of health care industry, has struggled as companies find ways to cope with increasing government regulation.
Today's gains have helped to drive IHF above its 50-day moving average for the first time since early August.
iPath S&P 500 VIX Short Term Futures ETN
The VIX is slumping today in light of the jobs report, placing pressure on ETNs such as VXX and
iPath S&P VIX Mid-Term Futures ETN
With today's dip, VXX has nearly returned to levels last seen prior to the May run-up. Despite VXX's downfall, volatility persists in this market. Investors can best prepare for uncertainty by taking on exposure to defensive plays such as dividend-paying equities.
iShares Barclays 20+ Year Treasury Bond Fund
Long-term government bonds are taking a breather today as investors digest this morning jobs report. TLT has erased a good portion of the gains it had seen during its August run up.
ProShares UltraShort 20+ Year Treasury Bond ETF
has staged an impressive recovery, erasing a good portion of last month's losses.
All prices as of 2:15 PM EST
-- Written by Don Dion in Williamstown, Mass.
At the time of publication, Dion Money Management was long Market Vectors Junior Gold Miners ETF.
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.