Gold ETF | Is There A Way To Swap Stocks For Cash In My RRSP?

May 20, 2012 – 1:46 am
Gold ETF

Tax-filing season just ended, but here at Investor Clinic we take your tax questions (and those on other investing subjects, of course) all year round. We’re masochists that way. But today, we’re getting some help from Jamie Golombek, managing director, tax and estate planning, with CIBC Private Wealth Management, who has generously agreed to answer your questions. Economy will test    .. more …

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ETF | ETF Insider: Stocks In Free Fall

May 20, 2012 – 1:33 am
ETF

Equity markets were rattled back-and-forth as Euro zone debt drama swept over Wall Street for another week. Volatility levels climbed higher across asset classes as profit takingpressuresandbargainbuying created a trading frenzy, although major stock indexes did end the week lower in red territory. Investors got no relief on the home front as the latest Fed minutes revealed that the domestic    .. more …

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Gold ETF | “Counterattack By Bulls” Sets Up Gold For Weekly Gain, Greek “Can Of Worms” Could Be “Messy” For Investors

May 19, 2012 – 6:50 am
Gold ETF

London gold Market Report WHOLESALE MARKET gold prices climbed as high as $1594 an ounce during Monday morning’s London trading, jumping 1.5% in the first two hours, while Eurozone stocks looked to have stemmed four days of losses despite Greece and Spain seeing negative ratings decisions. A day earlier, Dollar prices to buy gold jumped 2% in two hours during Thursday’s US trading.    .. more …

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ETF | Social Media ETF Down 3% As Facebook Begins Trading

May 19, 2012 – 5:12 am
ETF

Global X Social Media etf ( SOCL – News ) has seen volume ramp this week in the days leading up to the historic Facebook IPO but the fund slipped 3% amid volatile trading in newly-minted Facebook shares Friday.Facebook ( FB – News ) shares recovered Friday after falling to the offer price of $38 a share.Facebook was trading around $41 a share in heavy action Friday afternoon, down from the opening    .. more …

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ETFs | Four Country ETFs Bucking The Downtrend

May 19, 2012 – 4:31 am
ETFs

Most stock exchange traded funds have been a mess this month on slowdown fears, Greece and European debt. However, there are pockets of strength in some single-country etfs.The emerging economies were among the first movers during therally, but the broader index of developing markets has tapered off as a risk-off sentiment grips equities. Still, some country-specific exchange traded funds are    .. more …

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ETF | Semiconductor ETF Experiences Big Inflow

May 19, 2012 – 3:57 am
ETF

Looking today at week-over-week shares outstanding changes among the universe of etfs covered at ETF Channel , one standout is the Semiconductor ETF ( AMEX: SMH ) where we have detected an approximate $58.1 million dollar inflow ” that’s a 19.7% increase week over week in outstanding units (from 9,370,937 to 11,220,937). Among the largest underlying components of SMH, in trading today Intel Corp (    .. more …

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ETFs | Invesco Canada Announces Cash Distributions For TSX-listed PowerShares ETFs

May 19, 2012 – 3:48 am
ETFs

TORONTO, May 18, 2012 /CNW/ – Invesco Canada today announced the May 2012 distributions for the PowerShares exchange-traded funds (etfs) listed on Toronto Stock Exchange. Unitholders of record on May 30, 2012 will receive cash distributions payable on June 7, 2012. Details of the “per unit” distribution amounts are as follows:The tax composition of the PowerShares ETFs’ distributions will be    .. more …

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ETF | ETF Trading Report: MLP, Social Media ETF In Focus

May 19, 2012 – 3:25 am
ETF

All eyes were on the IPO of Facebook during Friday trading as the company’s shares opened around $42.05 after a $38 pricing. Still, despite the hype, investors failed to push the shares of the social media giant higher on the day as the company finished trading around the $39/share level. Overall, the broad market wasn’t much better as all the major benchmarks finished the day in the red. The Dow    .. more …

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ETFs | Largest Junk Bond ETFs Offer 7% Yields

May 19, 2012 – 2:45 am
ETFs

The biggest junk bond exchange traded funds by assets are paying yields in the 7% range but these etfs come with unique risks, including premiums and discounts to net asset value . SPDR Barclays Capital High Yield Bond ETF ( JNK – News ) and iShares iBoxx High Yield Fund ( HYG – News ) were down for the fourth straight session on Thursday although they pared early losses on heavy trading volume.    .. more …

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Gold ETF | What's Behind Call Selling In Gold ETF

May 19, 2012 – 2:42 am
Gold ETF

Call selling tops option activity in the SPDR gold Shares Fund today even as it rebounds. The GLD is up 2.42 percent to $153.08 after seeing its lowest close since last July yesterday. The exchange-traded fund has made up losses of the last couple of sessions but is still below Friday’s close. It has been trending lower for the last three months from $174, a pattern that has accelerated in the    .. more …

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