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Wednesday Outlook: Commodities, Emerging Markets

by: David Fry May 21, 2008 | about stocks: DBA / DBB / DBC / DBS / EEM / EFA / EWZ / FSLR / FXI / GLD / IFN / ILF / MOO / PBW / RSX / SLX / UNG / USO / XLB / XLE

David Fry

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<< Return to page 1 - Bears in Charge?

The above gives you a fair sampling of the action including the past few days while I was traveling. Now our trip is finished and I look forward to writing a complete report on our findings. No question about it - a lot is taking place in the ETF space.

I’ve been waiting for a day like yesterday since, like many of you, I’ve been bewildered by the news and market response to it. The bullish bias has never been stronger and major players [trading desks, hedge funds, SWFs, etc.] have never had this much low-yielding cash to work with. Performance anxiety is also at an acute stage. It’s akin to racers at the starting line watching who will jump first; when one finally does, a stampede follows. It seems silly and it is.

There’s still Wednesday and Thursday left before things quiet down before the holiday weekend. Have a pleasant day.

Disclaimer: Among other issues the ETF Digest maintains long or short positions in SPY, SSO, MDY, UWM, TBT, TLT, IYR, UUP and XLB.

New ETFs Galore: iShares Target Dates, PowerShares Managed Real Estate Nov 21, 2008
Retail ETF Investors Help Power Gold Demand Nov 21, 2008
Heavy Reliance on Energy Depresses Russian ETF Nov 21, 2008
Can Fundamental Index ETFs Tame the Bear? Nov 21, 2008
Another Bear Market Theme: S&P 500 vs. Consumer Discretionary Sector Strategy Nov 21, 2008

Related Stocks:

DBA, DBB, DBC, DBS, EEM, EFA, EWZ, FSLR, FXI, GLD, IFN, ILF, MOO, PBW, RSX, SLX, UNG, USO, XLB, XLE

This article has 9 comments:

May 21 08:02 AM
Thank you Mr. Fry.Your post are among the best available info anywhere and without a lot of bias.Keep up the good work!
Reply
May 21 09:05 AM
I echo fatcat's sentiments; your work is always appreciated.
Reply
May 21 09:32 AM
Make that three on a match. I miss you when you're out doing the travel thing!
Reply
May 21 09:35 AM
Thanks for the work. It does help the trading
Reply
May 21 09:44 AM
Yes Dave - you do excellent reporting.
Reply
May 21 12:44 PM
You were missed. Thanks for the info.
Reply
May 21 04:11 PM
Always look forward to your posts.
Reply
May 21 05:24 PM
DITTO!
Reply
May 23 11:33 AM
Great job Dave!
Reply

More Comments on GLD »

More by David Fry

Friday Outlook: Out of Options?
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Friday Outlook: Commodities, Emerging Markets
on Nov 20, 2008 | about EFA,FXI,EEM
Thursday Outlook: Sometimes Nothing Is a Real Cool Hand
on Nov 19, 2008 | about IYR,IWM,IEF
Thursday Outlook: Commodities, Emerging Markets
on Nov 19, 2008 | about EEM,DBA,DBC

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