The Daily Record (Free subscription) | 11/08/2009
KILMARNOCK stars are at war with their club after chairman Michael Johnston imposed a draconian disciplinary system on the players.
SeekingAlpha.com (Free subscription) | yesterday
Michael Johnston submits: March 9 may very well go on to become a day that lives in infamy, the point at which the U.S. stock markets bottomed out and the economy turned the corner. To this point, it looks to be the point at which investors finally put the worst recession in a generation behind them and a recovery began. But despite the recent rally, many analysts believe that the current...
SeekingAlpha ETFs (Free subscription) | 11/08/2009
Michael Johnston submits: The October numbers for the ETF industry are out, and it was another good month across the board. Total ETF/ETN assets now stand at more than $707 billion based on data reported by the National Stock Exchange , up from about $705 billion in September. Total cash inflows for the month totaled $8.2 billion, with almost half of that total attributable to two emerging...
SeekingAlpha ETFs (Free subscription) | 11/08/2009
Michael Johnston submits: Most major indexes finished the week range-bound after the unemployment level rose to 10.2% , the highest since 1983. This helped push gold higher, close to $1100/oz thanks to investors who continue to seek a safe haven. Meanwhile in Washington, homebuyers saw a continuation of an $8,000 tax credit for the purchase of new homes and the unemployed received news...
SeekingAlpha ETFs (Free subscription) | 11/06/2009
Michael Johnston submits: The wild ride on Wall Street continued on Thursday, with stocks posting big gains as Starbucks and CBS ( CBS ) posted profits and retail sales moved slightly higher for the last month. Cisco ( CSCO ) led tech stocks higher , driving the Dow to a gain of more than 200 points for the first time in three months. The ETFdb 60 Index , a broad-based benchmark measuring...
SeekingAlpha ETFs (Free subscription) | 11/05/2009
Michael Johnston submits: IndexIQ, a pioneer in the area of hedge fund and inflation hedge ETFs, is preparing to launch another fund, the IQ ARB Merger Arbitrage ETF. The fund is scheduled to begin trading later this month under the clever ticker MNA . The proposed ETF will track the IQ ARB Merger Arbitrage Index, a strategy that involves investing in global companies for which there...
SeekingAlpha ETFs (Free subscription) | 11/05/2009
Michael Johnston submits: OOK Advisors announced the launch of its second exchange-traded fund on Wednesday as the TXF Large Companies Exchange-Traded Fund ( TXF ) began trading on the NYSE Arca Exchange. The new fund will track the SPADE Texas Index, a benchmark designed to measure the performance of the largest companies headquartered in the state. The index is up about 30% year-to-date,...
SeekingAlpha ETFs (Free subscription) | 11/05/2009
Michael Johnston submits: Wednesday brought perhaps one of the least anticipated meetings of the Federal Reserve in recent memory, but the event still commanded the attention of investors around the world. Bernanke & Co. affirmed (as expected) a low interest rate policy, leaving equity markets mixed in afternoon trading. The ETFdb 60 Index, a benchmark measuring the performance of...
SeekingAlpha ETFs (Free subscription) | 11/04/2009
Michael Johnston submits: Each new day seems to bring more downward pressure for the U.S. dollar, an unwelcome development for some investors who have seen the greenback slide near the $1.50 level against the euro in recent months. On Tuesday, two very powerful forces in the global economy expressed their doubts on the dollar’s future prospects: Warren Buffett and India’s...
SeekingAlpha ETFs (Free subscription) | 11/03/2009
Michael Johnston submits: WisdomTree , a leader in the fundamental ETF and currency fund spaces, has registered the Real Return Fund ( RRF ) with the SEC, the next step in bringing to market an ETF that is designed to protect investor capital against the ravages of inflation. According to the filing, the proposed fund would seek to “provide investors with total returns that exceed...
SeekingAlpha ETFs (Free subscription) | 11/03/2009
Michael Johnston submits: The active versus passive management debate has been raging for decades, and isn’t likely to be resolved at any point in the near future. Academics and investors have amassed mountains of evidence indicating that, after the consideration of fees, passive strategies nearly always outperform active ones. But many have have argued that active strategies may...
SeekingAlpha ETFs (Free subscription) | 11/03/2009
Michael Johnston submits: Charles Schwab , one of the country’s largest asset managers with more than $200 billion in assets under management, has made quite an entrance into the ETF arena. The San Francisco-based company announced the launch of its first eight exchange-traded funds, including four that will begin trading on Tuesday. Each of the exchange-traded products from Schwab...
SeekingAlpha ETFs (Free subscription) | 11/03/2009
Michael Johnston submits: Charles Schwab , one of the country’s largest asset managers with more than $200 billion in assets under management, has made quite an entrance into the ETF arena. The San Francisco-based company announced the launch of its first eight exchange-traded funds, including four that will begin trading on Tuesday. Each of the exchange-traded products from Schwab...
SeekingAlpha ETFs (Free subscription) | 11/03/2009
Michael Johnston submits: As global investors have regained their appetite for risk, many emerging market ETFs have surged in 2009, recording gains of more than 100% in many cases. Van Eck’s Market Vectors Russia ETF ( RSX ) is one of these funds, nearly tripling between March and October before pulling back slightly in recent weeks. But while increased demand for natural resources,...
SeekingAlpha ETFs (Free subscription) | 11/03/2009
Michael Johnston submits: The month of November got off to a good start on Monday, as encouraging news from the manufacturing sector and an improved outlook for Ford Motor Company gave investors hope following a wild ride on Wall Street last week. The ETFdb 60 Index, a benchmark of the universe of investable assets available through exchange-traded funds, rose 3.38, or 0.3%, to close...
