ETF Trends
04-29-2008, 05:20 PM
ETF Trends - Keeping a Grip on Exchange Traded Funds (ETFs)
http://www.etftrends.com/images/2008/04/29/air11.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/29/air11.jpg) The transportation exchange traded fund (ETF) wrapped up trading today slightly higher after oil prices took a breather.
The iShares Dow Jones Transportation Average (IYT (http://finance.yahoo.com/q?s=iyt)) was up 0.8% after three of its airline holdings blasted off in trading today. Oil prices closed at $116.44 after demand for gas and other petroleum products dropped sharply in February.
Continental Airlines, Inc. (CAL (http://finance.yahoo.com/q?s=cal)), up 3.5%; 1.9% of the fund
Southwest Airlines (LUV (http://finance.yahoo.com/q?s=luv)), up 3.3%; 1.4% of the fund
JetBlue Airways (JBLU (http://finance.yahoo.com/q?s=jblu)), up 2.6%; 0.6% of the fund Year-to-date, IYT is up 14%.
http://www.etftrends.com/images/2008/04/29/z_7.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/29/z_7.png)
For full disclosure, some of Tom Lydon's clients own shares of IYT.
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/280357842/airline-prices.html)
http://www.etftrends.com/images/2008/04/29/air11.jpg (http://etftrends.typepad.com/photos/uncategorized/2008/04/29/air11.jpg) The transportation exchange traded fund (ETF) wrapped up trading today slightly higher after oil prices took a breather.
The iShares Dow Jones Transportation Average (IYT (http://finance.yahoo.com/q?s=iyt)) was up 0.8% after three of its airline holdings blasted off in trading today. Oil prices closed at $116.44 after demand for gas and other petroleum products dropped sharply in February.
Continental Airlines, Inc. (CAL (http://finance.yahoo.com/q?s=cal)), up 3.5%; 1.9% of the fund
Southwest Airlines (LUV (http://finance.yahoo.com/q?s=luv)), up 3.3%; 1.4% of the fund
JetBlue Airways (JBLU (http://finance.yahoo.com/q?s=jblu)), up 2.6%; 0.6% of the fund Year-to-date, IYT is up 14%.
http://www.etftrends.com/images/2008/04/29/z_7.png (http://etftrends.typepad.com/photos/uncategorized/2008/04/29/z_7.png)
For full disclosure, some of Tom Lydon's clients own shares of IYT.
complete story here... (http://feeds.feedburner.com/~r/etftrends-feed/~3/280357842/airline-prices.html)