ETF Winners & Losers (June 4, 2007)

Investing

Published: June 4, 2007 3:44 pm

Stock Tickers: OIH, DBB, ITB, UVT, GWL, URE, DUG, EZA, HHK, FBT, INP, EWZ, PGJ, CHN

ETF WINNERS JUNE 4, 2007:
Oil Services HOLDRs (OIH)                                           $174.35; +2.7%
PowerShares DB Base Metals (DBB)                         $27.66; +2.6%
iShares Dow Jones US Home Construction (ITB)    $37.29; +1.6%
Ultra Russell2000 Value ProShares (UVT)                $72.18; +1.28%
SPDR S&P World ex-US (GWL)                                     $33.65; +1.25%
Ultra Real Estate ProShares (URE)                               $62.52; +1.23%

ETF LOSERS JUNE 4, 2007:
UltraShort Oil & Gas ProShares (DUG)                      $48.90; -2.4%
iShares MSCI South Africa Index (EZA)                      $128.25; -1.6%
HealthShares Cancer (HHK)                                           $29.25; -1.05%
First Trust AMEX Biotech Index (FBT)                            $25.52; -1.05%
iPath MSCI India Index ETN (INP)                                  $60.54; -1.03%
iShares MSCI Brazil Index (EWZ)                                  $60.65; -0.90%

DJIA                      13,676.32; +8.21 (0.06%)
NASDAQ             2,618.29; +4.37 (0.17%)
S&P500                1,539.18; +2.84 (0.18%)
10YR Bond          4.9290%; -0.0270%
NYSE Volume    2,713,846,000
NASDAQ Volume 1,947,730,000

If you can believe it, the PowerShares Golden Dragon-China (PGJ) only fell 0.04% on 278,000 shares, not bad for a day that Shanghai fell 8%. Even the closed-end fund The China Fund Inc. (CHN) only saw a 0.33% drop.

Please note that is you see other winning or losing ETF’s that are the same category as one of the winners and losers that is not in here, it is because we try to default to the most liquid ETF that is means to track any given sector.

Today the main winners were led by oil & gas trackers in various segments in the oil patch: United States Natural Gas (UNG) 3.7%, iShares Dow Jones US Oil & Gas Ex Index (IEO) 2.5%, Ultra Oil & Gas ProShares (DIG) 2.45%, iShares Dow Jones US Oil Equipment Index (IEZ) 2.35%, SPDR S&P Oil & Gas Equipment & Services (XES), SPDR S&P Oil & Gas Exploration & Prod (XOP) 2.2%, Energy Select Sector SPDR (XLE) 1.5%.

After seeing how many oil and energy ETF’s are on the market we would formally like to ask ETF managers not to open up any more oil and gas variations of ETF’s.

Jon C. Ogg
June 4, 2007

Are You Still Paying With a Debit Card?

The average American spends $17,274 on debit cards a year, and it’s a HUGE mistake. First, debit cards don’t have the same fraud protections as credit cards. Once your money is gone, it’s gone. But more importantly you can actually get something back from this spending every time you swipe.

Issuers are handing out wild bonuses right now. With some you can earn up to 5% back on every purchase. That’s like getting a 5% discount on everything you buy!

Our top pick is kind of hard to imagine. Not only does it pay up to 5% back, it also includes a $200 cash back reward in the first six months, a 0% intro APR, and…. $0 annual fee. It’s quite literally free money for any one that uses a card regularly. Click here to learn more!

Flywheel Publishing has partnered with CardRatings to provide coverage of credit card products. Flywheel Publishing and CardRatings may receive a commission from card issuers.