Self Directed Investor Inc
SDI: "Empowering investors with ideas and education"
Symbol Lookup »  
Topics:ChinaETFsEarningsEconomyEnergyForexGoldIncomeLessonsIdeasTrading

  • Other news: News from PR Newswire
| More

ETF Daily Roundup: Markets Rally Prior To Election Results

Tue, Nov 6, 5:55 PM ET, by Michael Johnston

Finally it’s here. The 2012 presidential election is upon us, and most people are just excited to be free from the onslaught of political ads and campaigning. The real question is when we will find out the results. If the race is really as close as the media has portrayed, absentee ballots could delay the results considerably, and we could have something of a mess on our hands. Markets will likely have a swift reaction once a winner is announced, and we will have nothing left to do but move on from there [for more ETF news and analysis subscribe to our free newsletter].

Global Market Overview: Markets Rally Prior To Election Results

Markets finished up for the second straight day, as it seemed that investors were bullish that today’s winner will be good for stocks. The S&P 500 (SPY) gained a healthy 0.78% but it was beat out by the Dow Jones (DIA) which jumped by 0.90%. The tech sector finished up, but not to the extent of its equity counterparts as the Nasdaq (QQQ) rose by about 0.90%. The rally was not just limited to the U.S. as a number of ETFs tracking foreign equities also saw a strong rally during today’s session. Assuming a winner is declared tonight, look for markets to be quite active upon tomorrow’s opening.

Bond ETF Roundup

With equities soaring on the day, the fixed income space took a hit, as most major bond ETFs finished the day lower. The lone winner was the SPDR High Yield Bond ETF (JNK) which was able to edge up 0.10% for the day. As for the rest, the equity rally seems to have taken funds from the fixed income space. This could also be speculative bets that whoever wins tomorrow’s election will be bad news for this asset class [see also 101 ETF Lessons Every Financial Advisor Should Learn].

Commodity ETF Roundup

Equities may have rallied, but commodities surged on the day, as general bullishness was able to push most major hard assets higher. Precious metals and energy were among the top performers on a day where the dollar slightly down. Gold and oil should be especially active after the results are announced, as these products tend to attract the most speculative traders.

ETF Chart of the Day #1: USO

Crude oil was one of the best performers on the day, as USO was able to tack on a healthy 3%. The fund jumped at the open, but its real gains came at midday, when a buying trend caught fire for this futures-based product [see also Crude Oil Guide: Brent Vs. WTI, What's The Difference?].

ETF Chart of the Day #2: GDX

With gold turning in a nice performance, the gold equity space was able to do the same, as this fund jumped by 1.9% for the day. GDX will more than likely be volatile for the remainder of the week as gold is sure to bounce around after it mulls over who will be our next president.

ETF Fun Fact of The Day

The best performing regional ETFdb portfolio YTD is our Africa-Centric Portfolio; this strategy is up 15.9% thus far on the year.

Follow me on Twitter @JaredCummans

[For more ETF analysis, make sure to sign up for our free ETF newsletter or try a free seven day trial to ETFdb Pro]

Click here to read the original article on ETFdb.com.


SDI Glossary: "Bond" Definition
SDI Glossary: "ETFs" Definition
SDI Glossary: "Yield" Definition
This Article's Word Cloud:   Crude   ETFdb   ETFs   Markets   Roundup   able   active   adsbygoogle   after   also   analysis   announced   best   could   election   equities   equity   finished   fixed   free   from   fund   gold   have   healthy   here   income   jumped   more   most   news   newsletter   performers   push   rally   real   results   space   speculative   sure   that   this   today   tomorrow   upon   were   when   which   will   winner

| More

QQXT Crosses Above Key Moving Average Level
Fri, May 27, 4:14 PM ET, by ETF Channel

In trading on Friday, shares of the First Trust NASDAQ-100 Ex-Technology Sector Index Fund ETF ...

PSCD Makes Bullish Cross Above Critical Moving Average
Fri, May 27, 4:14 PM ET, by ETF Channel

In trading on Friday, shares of the PowerShares S&P SmallCap Consumer Discretionary Portfolio ETF (PSCD) ...

PowerShares Golden Dragon China Portfolio Breaks Above 200-Day Moving Average - Bullish for PGJ
Fri, May 27, 3:54 PM ET, by ETF Channel

In trading on Friday, shares of the PowerShares Golden Dragon China Portfolio ETF (PGJ) crossed ...

Equifax Moves Up In Analyst Rankings, Passing Tractor Supply
Fri, May 27, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

First Trust Health Care AlphaDEX Fund Breaks Above 200-Day Moving Average - Bullish for FXH
Fri, May 27, 11:34 AM ET, by ETF Channel

In trading on Friday, shares of the First Trust Health Care AlphaDEX Fund ETF (FXH) ...

EEMA Crosses Above Key Moving Average Level
Fri, May 27, 11:34 AM ET, by ETF Channel

In trading on Friday, shares of the iShares MSCI Emerging Markets Asia ETF (EEMA) crossed ...

SPDR S&P BRIC 40 Breaks Above 200-Day Moving Average - Bullish for BIK
Fri, May 27, 11:34 AM ET, by ETF Channel

In trading on Friday, shares of the SPDR S&P BRIC 40 ETF (BIK) crossed above ...

IYF, USB, AIG, GS: ETF Inflow Alert
Fri, May 27, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: IYF, USB, AIG, GS Exchange traded funds (ETFs) trade just ...

iShares Edge MSCI Min Vol USA ETF Experiences Big Inflow
Fri, May 27, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: USMV, NEM, GIS, PEP Exchange traded funds (ETFs) trade just ...

VTI, VIS, STOR, BXMT: ETF Inflow Alert
Fri, May 27, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: VTI, VIS, STOR, BXMT Exchange traded funds (ETFs) trade just ...

MDY, MTD, ALB, Y: Large Inflows Detected at ETF
Fri, May 27, 11:24 AM ET, by ETF Channel

Symbols mentioned in this story: MDY, MTD, ALB, Y Exchange traded funds (ETFs) trade just ...

16.7% of DIV Holdings Seeing Recent Insider Buys
Fri, May 27, 9:34 AM ET, by ETF Channel

A look at the weighted underlying holdings of the SuperDividend U.S. ETF (DIV) shows an ...

Zacks MLP High Income Shares -- Insider Buying Index Registering 23.7%
Fri, May 27, 9:34 AM ET, by ETF Channel

A look at the weighted underlying holdings of the Zacks MLP High Income Shares (ZMLP) ...

Public Storage a Top 25 Dividend Giant With 2.84% Yield (PSA)
Fri, May 27, 8:14 AM ET, by ETF Channel

Public Storage (PSA) has been named as a Top 25 ''Dividend Giant'' by ETF Channel, ...

Skyworks Solutions Achieves #17 Analyst Rank, Surpassing American Tower
Thu, May 26, 11:54 AM ET, by ETF Channel

In a study of analyst recommendations at the major brokerages, for the underlying components of ...

SCPB: Large Outflows Detected at ETF
Thu, May 26, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: SCPB Exchange traded funds (ETFs) trade just like stocks, but ...

XBI, ACAD, MDVN, ANAC: Large Inflows Detected at ETF
Thu, May 26, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: XBI, ACAD, MDVN, ANAC Exchange traded funds (ETFs) trade just ...

SMH, TSM, AMAT, ASML: Large Outflows Detected at ETF
Thu, May 26, 11:14 AM ET, by ETF Channel

Symbols mentioned in this story: SMH, TSM, AMAT, ASML Exchange traded funds (ETFs) trade just ...

INDA Makes Bullish Cross Above Critical Moving Average
Thu, May 26, 10:54 AM ET, by ETF Channel

In trading on Thursday, shares of the iShares MSCI India ETF (INDA) crossed above their ...

EEM Crosses Above Key Moving Average Level
Thu, May 26, 10:54 AM ET, by ETF Channel

In trading on Thursday, shares of the iShares MSCI Emerging Markets ETF (EEM) crossed above ...

EWT Crosses Above Key Moving Average Level
Thu, May 26, 10:54 AM ET, by ETF Channel

In trading on Thursday, shares of the iShares MSCI Taiwan ETF (EWT) crossed above their ...

EWT: ETF Outflow Alert
Thu, May 26, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: EWT Exchange traded funds (ETFs) trade just like stocks, but ...

iShares MSCI Indonesia ETF Experiences Big Outflow
Thu, May 26, 10:54 AM ET, by ETF Channel

Symbols mentioned in this story: EIDO Exchange traded funds (ETFs) trade just like stocks, but ...

Add Up The Parts: SPXV Could Be Worth $47
Thu, May 26, 8:14 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

FAB's Holdings Imply 10% Gain Potential
Thu, May 26, 8:14 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

RXI Makes Bullish Cross Above Critical Moving Average
Wed, May 25, 3:54 PM ET, by ETF Channel

In trading on Wednesday, shares of the iShares Global Consumer Discretionary ETF (RXI) crossed above ...

RFG Makes Bullish Cross Above Critical Moving Average
Wed, May 25, 11:24 AM ET, by ETF Channel

In trading on Wednesday, shares of the Guggenheim S&P MidCap 400 Pure Growth ETF (RFG) ...

UVXY Crowded With Sellers
Wed, May 25, 11:24 AM ET, by ETF Channel

In trading on Wednesday, shares of the ProShares Ultra VIX Short-Term Futures ETF (UVXY) entered ...

iShares MSCI Eurozone Breaks Above 200-Day Moving Average - Bullish for EZU
Wed, May 25, 11:14 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares MSCI Eurozone ETF (EZU) crossed above their ...

iShares Europe Breaks Above 200-Day Moving Average - Bullish for IEV
Wed, May 25, 11:14 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares Europe ETF (IEV) crossed above their 200 ...

IXG Makes Bullish Cross Above Critical Moving Average
Wed, May 25, 11:14 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares Global Financials ETF (IXG) crossed above their ...

HEWG Crosses Above Key Moving Average Level
Wed, May 25, 11:14 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares Currency Hedged MSCI Germany ETF (HEWG) crossed ...

iShares Global Healthcare Breaks Above 200-Day Moving Average - Bullish for IXJ
Wed, May 25, 11:14 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares Global Healthcare ETF (IXJ) crossed above their ...

PXF Crosses Above Key Moving Average Level
Wed, May 25, 11:14 AM ET, by ETF Channel

In trading on Wednesday, shares of the PowerShares FTSE RAFI Developed Markets ex-U.S. Portfolio ETF ...

IWO Makes Bullish Cross Above Critical Moving Average
Wed, May 25, 11:14 AM ET, by ETF Channel

In trading on Wednesday, shares of the iShares Russell 2000 Growth ETF (IWO) crossed above ...

Guggenheim S&P MidCap 400 Equal Weight ETF -- Insider Buying Index Registering 12.2%
Wed, May 25, 9:54 AM ET, by ETF Channel

A look at the weighted underlying holdings of the Guggenheim S&P MidCap 400 Equal Weight ...

We Did The Math VLU Can Go To $87
Wed, May 25, 8:15 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

Sum Up The Parts: BIB Could Be Worth $57
Wed, May 25, 8:15 AM ET, by ETF Channel

Looking at the underlying holdings of the ETFs in our coverage universe at ETF Channel, ...

STR Named Top 25 SAFE Dividend Stock Increasing Payments For Decades
Wed, May 25, 8:15 AM ET, by ETF Channel

Questar Corp (STR) has been named to the Dividend Channel ''S.A.F.E. 25'' list, signifying a ...

IEUR Crosses Above Key Moving Average Level
Tue, May 24, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the iShares Core MSCI Europe ETF (IEUR) crossed above ...

Daily Small Cap Bull 3x Shares Breaks Above 200-Day Moving Average - Bullish for TNA
Tue, May 24, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the Daily Small Cap Bull 3x Shares ETF (TNA) ...

CURE Crosses Above Key Moving Average Level
Tue, May 24, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the Daily Healthcare Bull 3x Shares ETF (CURE) crossed ...

IWC Makes Bullish Cross Above Critical Moving Average
Tue, May 24, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the iShares Micro-Cap ETF (IWC) crossed above their 200 ...

SLYG Crosses Above Key Moving Average Level
Tue, May 24, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the SPDR S&P 600 Small Cap Growth ETF (SLYG) ...

EWU Crosses Above Key Moving Average Level
Tue, May 24, 3:54 PM ET, by ETF Channel

In trading on Tuesday, shares of the iShares MSCI United Kingdom ETF (EWU) crossed above ...

PowerShares QQQ Breaks Above 200-Day Moving Average - Bullish for QQQ
Tue, May 24, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the PowerShares QQQ ETF (QQQ) crossed above their 200 ...

First Trust Developed Markets Ex-US AlphaDEX Fund (FDT) Shares Cross Above 200 DMA
Tue, May 24, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the First Trust Developed Markets Ex-US AlphaDEX Fund ETF ...

IYG Makes Bullish Cross Above Critical Moving Average
Tue, May 24, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the iShares U.S. Financial Services ETF (IYG) crossed above ...

Vanguard Health Care (VHT) Shares Cross Above 200 DMA
Tue, May 24, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the Vanguard Health Care ETF (VHT) crossed above their ...

FXL Crosses Above Key Moving Average Level
Tue, May 24, 11:14 AM ET, by ETF Channel

In trading on Tuesday, shares of the First Trust Technology AlphaDEX Fund ETF (FXL) crossed ...

  More articles:  1 2 3 4 5 6 7 next »

ABOUT US »   ADVERTISE »   CONTACT US »   TERMS OF USE & PRIVACY POLICY »

ETF Daily Roundup: Markets Rally Prior To Election Results | Self Directed Investor | Copyright © 2008 - 2016, All Rights Reserved

Any ideas and opinions presented in Self Directed Investor content are for informational and educational purposes only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners. In no way should any content contained herein be interpreted to represent trading or investment advice. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All site visitors agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.

SDI is associated with: ValueForum.com -- a subscription-based online social networking forum of serious individual investors. | MarketNewsVideo.com -- videos appearing on SDI are produced by Market News Video. | TickerTech.com -- stock quote content appearing on SDI is at least 20 minutes delayed and is powered by Ticker Technologies. | GoldStockStrategist.com -- Edited by Scott V. Nystrom, PhD, Gold Stock Strategist provides analysis on gold mining companies.