Mixed News About China: Weekly International Etf Report

Given the fact that Chinas economic growth target for 2014 is 7.5 percent, one might easily assume that Premier Li Keqiangs response to the report could have been: Ill take it! On June 2, the May official manufacturing PMI from Chinas National Bureau of Statistics rose to 50.8 from Aprils 50.7. Although a reading above 50 indicates expansion, a number of economists have explained that Chinas manufacturing PMI needs to clear 51 to establish some escape velocity. On June 3, the HSBC China Manufacturing PMI report indicated that Chinas manufacturing PMI http://www.etftradingsignals.com increased to 49.4 in May, from Aprils 48.1. Although a reading below 50 indicates contraction, the improvement from April reinforced the notion that the nations recent economic slowdown was just a temporary setback. On June 9, the General Administration of Customs reported that the nations exports increased 7 percent in May, on a year-over-year basis. Economists had been expecting a 6.6 percent increase. Investors enthusiasm was subdued by the fact that imports fell 1.6 percent, compared with economists expectations for a 6.1 percent increase. Although Chinas trade surplus reached its highest level in five years, the slump in imports signaled sluggishness in the domestic economy because of reduced demand. On June 13, Chinas National Bureau of Statistics reported that in May, retail sales increased 12.5 percent on a year-over-year basis and that industrial production increased 8.8 percent on a year-over-year basis.
Source: http://www.wallstreetsectorselector.com/investment-articles/editors-desk/2014/06/mixed-news-china-weekly-international-etf-report/

Semiconductor ETF Up 3 Straight Weeks (SMH, INTC, XSD, OVTI)

The portfolio is very different than that of SMH as Intel is not in the top ten holding list. The largest holding is OmniVision Technologies (NASDAQ: OVTI ) at 2.8 percent. Both ETFs are now sitting at extremely overbought levels based on a variety of technical indicators, which should not be a surprise considering the rally that both have enjoyed. The long-term outlook for the industry looks bullish, however buying today may not be the best strategy. Nothing goes straight up and a healthy pullback is overdue. A pullback on light to average volume that remains under 5 percent could offer patient investors an opportunity to buy at a lower price in the weeks ahead.
Source: http://money.cnn.com/news/newsfeeds/benzinga/articles/etfs_sector_etfs_14_06_4618962_semiconductor_etf_up_3_straight_weeks_smh_intc_xsd_ovti.html

Who Wins The 2014 World Cup Of ETFs? – ETF News And Commentary | Benzinga

France: Both of these country ETFs have Ranks of 3, so we have to go to performance as a tiebreaker. The emerging market easily beats out France since it posted an 11% gain in the trailing three month time frame. Belgium vs. Germany: We also have a rank tie here as both of these funds have Zacks ETF Ranks of 2 or Buy.
Source: http://www.benzinga.com/etfs/14/06/4629424/who-wins-the-2014-world-cup-of-etfs-etf-news-and-commentary

Notable ETF Inflow Detected – BND – NASDAQ.com

SLB, COP, and EOG round out the top five, and it appears that some may be bracing for a potential reversal in the sector if not simply longs hedging a good sized position on the books into the weekend and near term. XLE has had notable inflows YTD, taking in >$3 billion and is now a >$12 billion fund. This ETF is also the largest Energy Equity ETF in the space by a mile as well, trumping the second largest VDE (Vanguard Energy, Expense Ratio 0.14%) which only has about $3.2 billion in AUM. XOM and CVX by nature are Value stocks, with 2.70% and 3.50% yields respectively, and managers that may have been fortunate to either buy the stocks outright or via an Energy ETF with sizable weightings towards them like an XLE for example, three, six, or twelve months ago, have seen not only steady dividends roll in but also impressive breakout price performance which has recently trumped the broad market indices. In any case, whether the future story is Bull or Bear, it seems like now is the best time to pay attention and stay focused not only on these stocks but the sector given the Iraqi situation as well as looming earnings season for XOM, CVX and related names, which is really not that far off (end of July), as well as the typical seasonality of Gasoline prices around Labor day. Even though most eyes today may be focused on the U.S.
Source: http://www.etftrends.com/2014/06/etf-chart-of-the-day-an-energetic-friend/

ETF Chart of the Day: An Energetic Friend | ETF Trends

The chart below shows the one year price performance of BND, versus its 200 day moving average: Looking at the chart above, BND’s low point in its 52 week range is $79.14 per share, with $82.60 as the 52 week high point – that compares with a last trade of $81.76. Comparing the most recent share price to the 200 day moving average can also be a useful technical analysis technique — learn more about the 200 day moving average . Exchange traded funds (ETFs) trade just like stocks, but instead of ”shares” investors are actually buying and selling ”units”. These ”units” can be traded back and forth just like stocks, but can also be created or destroyed to accommodate investor demand.
Source: http://www.nasdaq.com/article/notable-etf-inflow-detected-bnd-cm361587

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