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best funds' bets...plus a few weekend reads

edited July 2011 in Off-Topic
http://www.google.com/#sclient=psy&hl=en&site=&source=hp&q=The+Best+Funds'+Bets&aq=f&aqi=&aql=&oq=&pbx=1&bav=on.2,or.r_gc.r_pw.&fp=fce33a84b0764b22&biw=1366&bih=521
good read for those have access to barrons

investing 101 - etf vs etn
http://www.kiplinger.com/columns/fundwatch/archive/when-exchange-traded-notes-trump-etfs-funds.html


MF managers not worry about qe2 ending
http://www.onwallstreet.com/news/economy-stocks-investment-managers-quantitative-easing-2674079-1.html?ET=onwallstreet:e3509:2131761a:&st=email&utm_source=editorial&utm_medium=email&utm_campaign=OWS_Weekend__070811

Investor Alert - Don't Miss Your Chance to Catch a Bull Market
http://www.usfunds.com/investor-resources/investor-alert/

can fidelity build a better bond ladder
http://www.smartmoney.com/invest/mutual-funds/can-fidelity-build-a-better-bond-ladder-1310063374155/?cid=djem_sm_dailyviews_h

buffet: banks are profitable - sounds like deja vu all over again
http://www.bloomberg.com/news/2011-07-08/buffett-says-banks-are-plenty-profitable-after-rules-limiting-leverage.html

etftrends email report
Stocks Fall Flat on the Week After Jobs Report

A decline in U.S. stocks Friday following a dismal June employment report nearly wiped out the weekly gains in the S&P 500 and the Dow Jones Industrial Average. However, major stock exchange traded funds closed the week with slight advances. The Dow was up 0.6% for the past week, while the S&P 500 was up 0.3% and the Nasdaq gained 1.6%.

The U.S. economy created only 18,000 jobs last month, a figure that came in below nearly every economist forecast. Investors are worried the economy is sputtering just as the Federal Reserve steps back from its bond-buying program that has provided support for financial markets.

Still, U.S. equities closed off their session lows Friday thanks to a rally heading into the closing bell, and the Dow declined less than 100 points despite the employment-report surprise.

ETF Overview

Agriculture exchange traded funds and notes led the way among sectors in the holiday-shortened week after the previous week’s pullback. Sugar, corn, grains and silver were the top performers in commodities, while precious-metals miner ETFs also recouped some of their recent losses.

Among single-country ETFs, Thailand paced the gainers after incoming prime minister Yingluck Shinawatra’s Pheu Thai party won the general election last weekend.

Conversely, a Moody’s downgrade of Portugal stoked the Eurozone debt crisis and hurt ETFs that invest in the region. In particular, ETFs tracking Spain and Italy fell sharply this week as the focus moved away from Greece to other credit markets on Europe’s periphery.

The top three unleveraged ETFs for the past week were: iPath Dow Jones-UBS Sugar ETN (SGG), up 10.5%; Teucrium Corn Fund (CORN), up 6.4% and iShares MSCI Thailand (THD), up 6.3%.

The bottom three unleveraged ETFs for the past week were: iShares MSCI Italy (EWI), down 6.7% ProShares VIX Mid-Term Futures ETF (VIXM), down 6.3% and iShares MSCI Spain (EWP), down 5.4%.

On next week’s docket, traders will be looking for reports on import and export prices, inflation and consumer sentiment.

Have a great weekend.
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