Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

ETFDesk Daily 11/20/2009 Top News and Investment Ideas

|Includes:BIL, CEW, DBO, DIA, EWJ, FXY, GLD, GSG, GXC, iShares U.S. Utilities ETF (IDU), IWM, PGJ, SDS, SPY, SRS, TLT, UDN, UUP, XLF, XLU, XRT

 Sign up for Daily email and feed at etfdesk.com

Today's market-moving headlines, macro trade ideas and more...


  • Pimco’s Gross Champions Utilities
  • Dave Rosenberg 11/19/2009
  • How US investors can play the carry trade
  • Treasury Bill Demand Seen Pushing 3-Month Yield Negative
  • Roubini: 10 Reasons The Recovery Will Be U-Shaped
  • Meredith Whitney Says Bank Stocks Are ‘Grossly’ Overvalued
  • As Gold Value Soars, Some Cash in Fillings
  • China is running the risk of new bubble, Bill Gross warns
  • Commodities to Get Record $60 Billion, Barclays Says
  • Treasury Yield Plunge Sends Warning
  • Japan’s Government Declares Economy Is in Deflation
  • Global Central Bank Focus
  • Investment Outlook Bill Gross | December 2009

Pimco’s Gross Champions Utilities

Posted: 19 Nov 2009 03:22 AM PST

Pimco’s Bill Gross issued his December investment missive this morning and the verdict is: Buy utilities.

ETFDesk users see this as a potential opportunity to: buy SPDR-Utilitiesbuy iShares DJ US Utilities

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

Dave Rosenberg 11/19/2009

Posted: 19 Nov 2009 03:35 AM PST

If there is a non-economic risk, it comes down to the U.S. dollar, and Nouriel Roubini is probably onto something in the sense that it has become a huge ‘carry trade’ vehicle for all risky assets. Historically, there is no correlation at all between the DXY index (the U.S. dollar index) and the S&P 500. In the past eight months, that correlation is 90%.

ETFDesk users see this as a potential opportunity to: sell PowerShares DB Oil Fundbuy PowerShares DB US Dollar Index Bullish Fundsell S&P 500 SPDRsell iShares S&P GSCI Commodity-Indexed Trust

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

How US investors can play the carry trade

Posted: 19 Nov 2009 03:40 AM PST

Finally there’s a pair of funds which specifically seek to replicate the carry trade — the PowerShares G10 Currency Harvest fund (NYSEARCA:DBV), and the iPath Optimized Currency Carry fund (NYSEARCA:ICI). Both of them use futures to capture the full local-currency returns: they’re true carry-trade plays.

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

Treasury Bill Demand Seen Pushing 3-Month Yield Negative

Posted: 19 Nov 2009 04:24 AM PST

NEW YORK -- Demand for the three-month Treasury bill is ramping up as investors seeking protection toward end of the year stock up on the safest securities. At a time when Treasury bills are in short supply, the situation is driving the bond equivalent yield on the three-month T-bill down. Strategists said its yield is likely to fall into negative territory before the end of the year. When market participants buy Treasury bills at negative rates, they're essentially paying the

ETFDesk users see this as a potential opportunity to: sell DJIA DIAMONDSsell S&P 500 SPDRsell iShares Russell 2000buy SPDR Lehman 1-3 Month T-Bill ETF

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

Roubini: 10 Reasons The Recovery Will Be U-Shaped

Posted: 19 Nov 2009 07:37 AM PST

A V-shape recovery might be visible in Q3 private consumption rates, which grew a healthy 3.4%, in line with consumption rates before the crisis. But this was just a head-fake, according to Roubini, thanks to cash-for-clunker type programs and home buyer tax credits. He thinks consumption will now slow, growing at just 1.8% in 2010.

ETFDesk users see this as a potential opportunity to: sell Retail HOLDRSbuy UltraShort Real Estate ProSharesbuy UltraShort S&P 500 ProSharessell SPDR S&P Retail ETFsell S&P 500 SPDRsell iShares DJ US Real Estate

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

Meredith Whitney Says Bank Stocks Are ‘Grossly’ Overvalued

Posted: 19 Nov 2009 08:24 AM PST

“The banks are still grossly overvalued,” Whitney said today in an interview on Bloomberg Radio. “People are expecting something great to happen in 2010 and I think they are going to be severely disappointed.” 

ETFDesk users see this as a potential opportunity to: sell SPDR-Financial

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


As Gold Value Soars, Some Cash in Fillings

Posted: 19 Nov 2009 11:27 AM PST

With the price of gold through the roof, some people in the northeast Missouri town of Hannibal are literally putting their money where their mouth is. This has to be the top 

ETFDesk users see this as a potential opportunity to: sell streetTRACKS Gold Trust

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


China is running the risk of new bubble, Bill Gross warns

Posted: 19 Nov 2009 11:13 PM PST

China is running the risk of its own bubble by betting on renewed demand from US consumers that is unlikely to appear. 

ETFDesk users see this as a potential opportunity to: sell PowerShares Golden Dragon Halter USX China Portfoliosell SPDR S&P China ETF

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

Commodities to Get Record $60 Billion, Barclays Says

Posted: 19 Nov 2009 11:23 PM PST

Commodities will likely attract a record $60 billion this year as investors seek to diversify their assets

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

Treasury Yield Plunge Sends Warning

Posted: 20 Nov 2009 12:07 AM PST

Collapse in note yields suggests economic distress will keep Fed on hold well into 2010 or beyond.

ETFDesk users see this as a potential opportunity to: buy iShares Lehman 20+ Year Treasury Bond Fundsell S&P 500 SPDR

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

Japan’s Government Declares Economy Is in Deflation

Posted: 20 Nov 2009 12:14 AM PST

Sustained price declines threaten to squeeze corporate profits and wages, smothering demand...

ETFDesk users see this as a potential opportunity to: sell iShares MSCI-Japansell Rydex Japanese Yen Trust

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


Global Central Bank Focus

Posted: 20 Nov 2009 12:14 AM PST

The Uncomfortable Dance Between V’ers and U’ers

ETFDesk users see this as a potential opportunity to: sell PowerShares DB US Dollar Index Bearish Fundbuy PowerShares DB US Dollar Index Bullish Fund

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


Investment Outlook Bill Gross | December 2009

Posted: 20 Nov 2009 12:51 AM PST

The Fed is trying to reflate the U.S. economy. The process of reflation involves lowering short-term rates to such a painful level that investors are forced or enticed to term out their short-term cash into higher-risk bonds or stocks. Once your cash has recapitalized and revitalized corporate America and homeowners, well, then the Fed will start to be concerned about inflation – not until. 

ETFDesk users see this as a potential opportunity to: buy SPDR-Utilitiesbuy WisdomTree Dreyfus Emerging Currency Fund

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

Stocks: IDU, XLU, GSG, SPY, UUP, DBO, BIL, IWM, DIA, SDS, SRS, XRT, XLF, GLD, GXC, PGJ, TLT, UDN, FXY, EWJ, CEW