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ETFDesk Top News and Investment Ideas 10/29/2009

|Includes:DGL, DIA, EEM, EFA, EPP, EWJ, EZA, GLD, GS, GWL, IAI, KBE, KRE, PIZ, QID, PowerShares QQQ Trust ETF (QQQ), RTH, RTL, SLX, SPY, SPY, UGL, USO, UUP, XLF, XRT

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  • Goldman: Cash On The Sidelines Is WAY Less Than People Think
  • Regulators looking at banks’ coverage ratios, BarCap says
  • Dollar Rally Sinks Commodity ETFs
  • An Experiment in Taking More Risk
  • Foreign direct investment: Overtaking
  • Analysts still confident even if US consumers aren’t
  • Seeing Next Boom, Tudor Goes for Gold
  • US economy is growing once again
  • Newmont Mining Profit More Than Doubles
  • Growth concerns hit Asian equities
  • Export revival lifts Japanese manufacturers
  • ArcelorMittal plans 50% rise in spending
  • Ongoing Agony of the Banks

Goldman: Cash On The Sidelines Is WAY Less Than People Think

Posted: 28 Oct 2009 12:56 AM PDT

Goldman Sachs (NYSE:GS) analyst David Kostin argues that investors are wildly confused about "cash on the sidelines," how much there is, and how much of it is likely to flow into equities.

ETFDesk users see this as a potential opportunity to: sell DJIA DIAMONDSsell S&P 500 SPDRsell Nasdaq-100 Index Tracking Stock

Check out how others are using ETFs to capitalize on this news or add your own opinion

 

  

Regulators looking at banks’ coverage ratios, BarCap says

Posted: 28 Oct 2009 12:57 AM PDT

In 3Q09, reserve/NPLs fell from 85% to 82%. While not our favorite metric (remember that in several circumstances NPLs are already written down to market value) and it is not uncommon to see this metric fall at this point in the cycle, we believe that some banks have to be approaching ‘floors’ and believe regulators are looking at this. 

ETFDesk users see this as a potential opportunity to: sell KBW Bank ETFsell KBW Regional Banking ETFsell SPDR-Financial

Check out how others are using ETFs to capitalize on this news or add your own opinion

 

  

Dollar Rally Sinks Commodity ETFs

Posted: 28 Oct 2009 05:21 AM PDT

The dollar's rally may have legs

ETFDesk users see this as a potential opportunity to: buy PowerShares DB US Dollar Index Bullish Fundsell United States Oil Fund LP

Check out how others are using ETFs to capitalize on this news or add your own opinion

An Experiment in Taking More Risk

Posted: 28 Oct 2009 06:54 AM PDT

Strictly from a historical perspective, this market is overdue for a correction. As a result, I found myself examining the many offerings in the ProShares family of exchange-traded funds that let investors profit from market declines. I came away convinced that in unusual circumstances, some of these funds can play a useful role.

ETFDesk users see this as a potential opportunity to: buy UltraShort QQQ ProShares

Check out how others are using ETFs to capitalize on this news or add your own opinion

 

  

Foreign direct investment: Overtaking

Posted: 28 Oct 2009 07:45 AM PDT

Emerging economies get more foreign direct investment than developed ones

ETFDesk users see this as a potential opportunity to: buy iShares MSCI-Emerging Marketssell iShares MSCI-EAFE

Check out how others are using ETFs to capitalize on this news or add your own opinion

 

  

Analysts still confident even if US consumers aren’t

Posted: 28 Oct 2009 07:53 AM PDT

My, my — Tuesday’s US consumer confidence survey certainly took some analysts by surprise. The Conference Board’s confidence index fell to 47.7 from a revised 53.4 in September, while analysts polled by Reuters had expected a rise to 57.0. The present situation index, meanwhile, fell to 20.7 from 23.0 last month, while the expectations index fell to 65.7 from 73.7 in September. 

ETFDesk users see this as a potential opportunity to: sell Retail HOLDRSsell SPDR S&P Retail ETFsell iShares FTSE NAREIT Retail Index Fund

Check out how others are using ETFs to capitalize on this news or add your own opinion

Seeing Next Boom, Tudor Goes for Gold

Posted: 28 Oct 2009 03:20 PM PDT

Those who doubt an economic recovery is under way may want to check out the latest investor letter from Paul Tudor Jones. The legendary hedge fund manager of Tudor Investment sees a wave of money flowing into the markets, pushing up stocks, commodities and other assets in what he terms “The Great Liquidity Race.”

ETFDesk users see this as a potential opportunity to: buy PowerShares DB Gold Fundbuy streetTRACKS Gold TrustbuyProShares Ultra Gold

Check out how others are using ETFs to capitalize on this news or add your own opinion

 

  

US economy is growing once again

Posted: 28 Oct 2009 10:53 PM PDT

That the US, the powerhouse of the world economy is growing once again, is good news for the global economy as a whole 

ETFDesk users see this as a potential opportunity to: buy SPDR S&P World ex-US ETFbuy PowerShares DWA Developed Markets Technical Leaders Portfolio ETF

Check out how others are using ETFs to capitalize on this news or add your own opinion

 

  

Newmont Mining Profit More Than Doubles

Posted: 28 Oct 2009 11:11 PM PDT

The recent pullback in GDX is a buying opportunity. 

ETFDesk users see this as a potential opportunity to: buy Market Vectors Gold Miners ETF

Check out how others are using ETFs to capitalize on this news or add your own opinion

Growth concerns hit Asian equities

Posted: 29 Oct 2009 12:04 AM PDT

Asian shares fell sharply on Thursday after weak US economic data rekindled investor worries about growth, while hedge funds sold risky assets, lifting the yen and supporting the dollar.

ETFDesk users see this as a potential opportunity to: sell iShares MSCI-Pacific ex-Japan Index

Check out how others are using ETFs to capitalize on this news or add your own opinion

 

  

Export revival lifts Japanese manufacturers

Posted: 29 Oct 2009 12:05 AM PDT

Japanese industrial production rose for a seventh consecutive month in September, underlining the recovery in exports because of stronger demand from China and worldwide government stimulus spending.

ETFDesk users see this as a potential opportunity to: buy iShares MSCI-Japan

Check out how others are using ETFs to capitalize on this news or add your own opinion

 

  

ArcelorMittal plans 50% rise in spending

Posted: 29 Oct 2009 12:06 AM PDT

ArcelorMittal is planning a 50 per cent increase in capital spending next year to take advantage of growth opportunities in emerging markets, as more signs are pointing to a broad upturn in the steel industry.Countries targeted for an increase in investment include Brazil, Kazakhstan and South Africa, where the group already has plants.

ETFDesk users see this as a potential opportunity to: buy Market Vectors Steel Index Fundbuy iShares MSCI-South Africa

Check out how others are using ETFs to capitalize on this news or add your own opinion

Ongoing Agony of the Banks

Posted: 29 Oct 2009 12:32 AM PDT

The banks that do have the financial wherewithal — like Goldman Sachs and JPMorgan Chase, which made combined profits of nearly $7 billion in the third quarter — are not making their money through lending. They are making it from trading complex financial products that few people understand.

ETFDesk users see this as a potential opportunity to: sell KBW Regional Banking ETFbuy iShares Dow Jones U.S. Broker-Dealers Index Fund

Check out how others are using ETFs to capitalize on this news or add your own opinion

Stocks: QQQ, GS, DIA, SPY, SPY, XLF, KBE, USO, UUP, QID, EFA, EEM, RTL, XRT, RTH, UGL, GLD, DGL, PIZ, GWL, EPP, EWJ, EZA, SLX, IAI, KRE