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6 Different ETFs For A Weakening US Dollar (IEZ, DRW, GDX, SIVR, UDN, EEM)
Thursday, September 24, 2009 - 10:49am | 381With floods of US dollars being deployed everywhere to help support a faltering economy many worry about the continued fall of the US Dollar. The dollar has already weakened significantly over the past 6 months to levels equal to those before the crash, but many foresee this as just the beginning...
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Commodities and Oil Down Today (USO, IEZ, GDX, UUP)
Wednesday, September 23, 2009 - 11:58am | 109Commodities including Oil are down today in response to a slightly higher US Dollar. The Unites States Oil ETF (NYSE: USO) and Ishares Oil Service Sector (NYSE: IEZ) are down 4.2% and 2% respectively. Oil itself is trading down 4% at $68.90/barrel. Gold is also slightly lower at $1,009/ounce. The...
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Oil Service Sector and Oil/Gas Pipelines Up Today (NSH, IEZ, USO)
Friday, September 11, 2009 - 11:44am | 88The Oil Service Sector as measured by Ishares Oil & Gas Services (NYSE: IEZ) is up 2.3% today while Oil & Gas Pipeline MLPs are broadly up as well. NuStar Holdings (NYSE: NSH), a MLP, is up 2.5% on slightly higher than normal volume today. Some see oil as acting fairly anemic reflected by...