ETF Trends
04-25-2008, 01:11 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/04/25/house_of_the_rising_sun.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/25/house_of_the_rising_sun.jpg) The exchange traded fund (ETF) that tracks the Nasdaq 100 hit a three-month high in trading yesterday after its 10 most-heavily weighted components moved higher. It doesn't seem like it's going to stick if the midday retreat in the markets (http://us.lrd.yahoo.com/_ylt=Aq0iLrDopEbe2biNBogVZKy7YWsA/SIG=11no8v18k/**http%3A//biz.yahoo.com/rb/080425/markets_stocks.html) holds, though.
The PowerShares QQQ (QQQQ (http://finance.yahoo.com/q?s=qqqq)) closed Thursday at their highest price since Jan. 14, reports Tomi Kilgore for Thomson Financial (http://www.cnbc.com/id/24297649/for/cnbc).
Apple (AAPL (http://finance.yahoo.com/q?s=aapl)) gave the index a boost after it posted earnings that exceeded expectations at the close of trading on Wednesday (http://www.etftrends.com/2008/04/apple-amazon-co.html). Apple is the index's most heavily-weighted component, with 10.4% of assets. Qualcomm (QCOM (http://finance.yahoo.com/q?s=QCOM)) is the third largest component, with 5.7% of assets. The wireless technologies company also had reported stronger than expected earnings.
http://www.etftrends.com/images/2008/04/25/z_4.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/25/z_4.png)
For the first time since last year, the Dow Jones industrial average scooched above its trend line, the 200-day moving average. It closed at three-month highs after the dollar strengthened and oil prices fell slightly, reports CNN Money (http://money.cnn.com/2008/04/25/markets/markets_newyork/?postversion=2008042510).
The DIAMONDS Trust, Series 1 (DIA (http://finance.yahoo.com/q?s=DIA)) closed at their highest point since Jan. 3.
http://www.etftrends.com/images/2008/04/25/z_2.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/25/z_2.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/277768785/nasdaq-100-hits.html)
http://www.etftrends.com/images/2008/04/25/house_of_the_rising_sun.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/25/house_of_the_rising_sun.jpg) The exchange traded fund (ETF) that tracks the Nasdaq 100 hit a three-month high in trading yesterday after its 10 most-heavily weighted components moved higher. It doesn't seem like it's going to stick if the midday retreat in the markets (http://us.lrd.yahoo.com/_ylt=Aq0iLrDopEbe2biNBogVZKy7YWsA/SIG=11no8v18k/**http%3A//biz.yahoo.com/rb/080425/markets_stocks.html) holds, though.
The PowerShares QQQ (QQQQ (http://finance.yahoo.com/q?s=qqqq)) closed Thursday at their highest price since Jan. 14, reports Tomi Kilgore for Thomson Financial (http://www.cnbc.com/id/24297649/for/cnbc).
Apple (AAPL (http://finance.yahoo.com/q?s=aapl)) gave the index a boost after it posted earnings that exceeded expectations at the close of trading on Wednesday (http://www.etftrends.com/2008/04/apple-amazon-co.html). Apple is the index's most heavily-weighted component, with 10.4% of assets. Qualcomm (QCOM (http://finance.yahoo.com/q?s=QCOM)) is the third largest component, with 5.7% of assets. The wireless technologies company also had reported stronger than expected earnings.
http://www.etftrends.com/images/2008/04/25/z_4.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/25/z_4.png)
For the first time since last year, the Dow Jones industrial average scooched above its trend line, the 200-day moving average. It closed at three-month highs after the dollar strengthened and oil prices fell slightly, reports CNN Money (http://money.cnn.com/2008/04/25/markets/markets_newyork/?postversion=2008042510).
The DIAMONDS Trust, Series 1 (DIA (http://finance.yahoo.com/q?s=DIA)) closed at their highest point since Jan. 3.
http://www.etftrends.com/images/2008/04/25/z_2.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/25/z_2.png)
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/277768785/nasdaq-100-hits.html)