Over the past month, Arch Coal ( ACI ), Alpha Natural Resources ( ANR ) and Walter Energy ( WLT ) are down an average of 17%. Cloud Peak Energy is off by 12.5%. [Nat Gas Rises, but no Help for Coal ETF] This at a time when rising natural gas prices should be benefiting coal stocks. According to Bank of America Merrill Lynch Global Research, the higher gas prices have been driving a significant return to coal, RTCC reports.
Three ETF Investing Picks to Make Your Portfolio Pop Today By Garrett Baldwin
Because of what should a etf portfolio be made of the wealth of advantages that ETFs provide, our experts recently offered insight into three different options for ETF investing – and each pick has unique upside given current economic conditions. ETF Investing Pick No. 1: Going Big on Alibaba For the last few months, we’ve spent a lot of time talking about the blockbuster potential of Alibaba’s initial public offering (IPO). Alibaba is the largest e-commerce company in China, and its revenues dwarf many of the top U.S. technology companies…
Coal ETF Searches for Momentum – Yahoo Finance
Adjusted loss per share came in at 14 cents per share in thequarter, much wider than the Zacks Consensus Estimate of loss of 10cents. Revenues climbed 27% year over year to $713 million and waswell ahead of the Zacks Consensus Estimate of $693 million. The company delivered record 6,457 Model S cars in the firstquarter of 2014, slightly above its own expectation of 6,400. Itprojects to deliver 7,500 Model S cars in the second quarter and ison track for more than 35,000 cars deliveries this year, up 55%from 2013. However, Tesla is still struggling with the lithium-ionbatteries supply, which could hurt production in the coming months(read: Car ETF in Focus on Weak Auto Earnings). The automaker is significantly expanding in Europe and China, theworld’s largest automobile market, and intends to offer new Model Xcrossover electric vehicle by the year end.
ETF Bonanza Skirts $5.3 Trillion Market on Outflows: Currencies – Bloomberg
Investors understand stock and bonds, they know what oilis, or wheat, or gold, but we are not using euros on a dailybasis, or yen, and for many investors, currencies are just tooabstract, said Ferri. To get interested in currencies, thereneeds to be more volatility, or a clear event that is easy forpeople to understand, and we just havent seen that. Dollar Difference JPMorgan Chase & Co.s Group of Seven Volatility Index fellto 6.10 percent on May 2, the lowest level since July 2007, andwas at 6.14 percent as of 7:54 a.m. in New York. The averageover the past decade was 10.42 percent. Price swings havenarrowed globally as central banks flood markets withunprecedented amounts of cheap money. The prospects for a stronger U.S.
Russell 2000 and its ETF undercut key level; social media ETF also slides on Twitter’s tumble – The Tell – MarketWatch
This provides another sign that investors are losing some of their appetite for the stock markets small fry its riskier plays. The Russell 2000 almost broke its record for consecutive closes above the 200-day line. But like Leon Lett in Super Bowl XXVI , the index came up just shy of its goal. Ryan Detrick, senior technical strategist at Schaeffers Investment Research, had been watching for a new record, as noted in a Tell post last week . On Tuesday, he said on Twitter: Another closely watched ETF that showed weakness Tuesday was the Global X Social Media ETF SOCL had its lowest close since July 31, weighed down by Twitters /quotes/zigman/23556538/delayed /quotes/nls/twtr TWTR big slide after a lock-up period ended. [Editor’s note: This article first published on May 6.] Victor Reklaitis Follow Vic on Twitter @vicrek .