NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Ridgewater Equity

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Wall St Sense

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by Benchmark Journal

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by AnalystChoice.com (AC).

NOTE TO EDITORS: The Following Is an Investment Opinion Being Issued by RothmanResearch.com.

These foreign-based oil companies offer great fundamentals and strong yields for value-conscious investors.

Visit StreetInsider.com at http://www.streetinsider.com/news.php?st=p&id=5942329 for the full story.

Depending on the day and who you’re talking to, the oil supply is either waning down to nothing or it’s doing just fine, thank you. Supply glut or not, oil exchange traded funds (ETFs) have been hit in recent months. Mark Shenk for Bloomberg reports that oil supplies may hit one-month...

Just when it looked like everything was breaking down, stocks screamed higher on Wednesday. If you have been trading these markets, this probably comes as little surprise. It seems as if the best trade out there right now is to do the exact opposite of what logic may dictate.

The indices did a bang-up job of erasing near-term oversold conditions during the course of the trading day. The rally appears to have materialized out of - one part thin air, one part short covering, and one part slightly better than expected economic reports. This entire move was foreshadowed at the close yesterday when the futures screamed higher on massive volume after a flat finish on the cash equities market. Very bizarre happenings...

The SPDR S&P 500 ETF (NYSE: SPY) rocketed 2.99% higher to close at $108.46. Volume was on the heavier side with around 258 million SPY shares trading hands versus a 3-month daily average of a little more than 230 million. The bears have been highlighting the light volume up days, but on Wednesday that was not the case. This is something to take into consideration.

The PowerShares QQQ Trust ETF (NASDAQ: QQQQ), which tracks the performance of the Nasdaq 100, gained 2.99% to $44.76. Volume was right around the 3-month daily average for the heavily traded ETF. Year-to-date, the quad Q's have lost 2.16%.

Gold languished on Wednesday as equities surged. COMEX gold futures lost $4.50, or 0.36%, to $1,245.80. The SPDR Gold Trust ETF (NYSE: GLD) lost 0.32% to close New York Stock Exchange trading at $121.69.

The crude oil market continues to be incredibly volatile and rallied along with stocks during the trading session. NYMEX crude futures surged 2.85% to $73.97. The United States Oil Fund ETF (NYSE: USO) climbed 3.23% to $32.95. Continue to monitor this market closely. Look for strength in the crude market to provide confirmation that a sustainable equities rally is underway.

Predictably, Treasuries got hammered on Wednesday. Being long Treasuries has been THE trade recently, but the bulls got hurt today. The iShares Barclays 20+ Year Treasury Bond ETF (NYSE: TLT) fell 2.36% to $106.00. The yield on the 10-Year note jumped 9.77 basis points to 2.573%. This is also a market to keep a laser focus on. The calls for a top have been coming one after another, and eventually there WILL BE a top, so pay attention.

The Dollar was weaker on Wednesday which definitely helped to supercharge equities. The PowerShares DB US Dollar Index Bullish ETF (NYSE: UUP), which tracks the performance of the dollar against a basket of foreign currencies, slid 0.79% to $23.93. The closely watched EUR/USD pair is currently trading at $1.2811.

“The US Oil Fund (NYSE:USO) has been in lockstep with the broader maker, but one trader positioning for downside in crude. (NYSE:USO) is up 3.38 percent to $33 in morning trading,(...)Read the rest of Bearish Trade On The U.S. Oil ETF (NYSE:USO) Copyright 2010 ETFDAILYNEWS.COM The copying, republication or redistribution of ETFDailyNews Content, including by [...] Related posts:

1. Bearish Action Expected In The United States Oil ETF (NYSE:USO)
2. A Bearish Technical Look At The U.S. Oil ETF (USO)
3. A Follow Up To The Oil Services ETF And The Oil Trade (OIH, USL, USO, OLO, OIL, UCO)

Stacy Summary: Another lesson in rigged markets, this time with commodity ETFs, contango and pre-rolling. Dumb money, of course, usually hopes it is the other money that is dumber.  But the house always wins. Contango isn’t the only reason commodity ETFs make lousy buy-and-hold investments. Professional futures traders exploit the ETFs’ monthly rolls to make [...]

Now this is a terrific article. Bloomberg put this out to show the negative effect that Contango has on some commodity ETFs. We had talked about this before and this shows just how dangerous it is to invest  long-term in the likes of funds that have the potential exposure to contango…. From Bloomberg.com: ETFs Imperil Investors When [...] Related posts:

1. Small Investors Affected by Big ETF Push
2. Sunday Fun: e-Wolf, The Coolest Car EVER
3. AGG Commodities – How to Play

Oil spiked lower as the news came that three was another significant aftershock in Chile. This one measured 5.1 and news of the actual damage is still comning in. The timing of the shift in sentiment in the future’s pits changed exactly at the same time… Coincidence? (Click to enlarge) Note: Horowitz & Company clients are short oil through [...] Related posts:

1. Indicators We Are Watching – Dollar Basing or Busting?
2. Oil Inventories and The Facts (USO)
3. Diesel Inventories Telling Us Something?

Below is one part of a series of charts that we watch related to commodities. We thought that we would provide a glimpse into some of the research and charts that we look at while assessing the economic climate. From energy to metals, we believe that there is great importance in understanding each aspect of the [...] Related posts:

1. Commodity Chartbook: Agriculture (DBA)
2. Commodity Chartbook: Energy (USO) (UNG)
3. Commodity Chartbook: Precious Metals (GLD) (SLV)

Tom Dorsey and Tammy DeRosier - Happy 200th

Last month, China superseded the United States as the world’s largest energy consumer and the nation’s expected appetite for black gold is likely to provide positive price support to crude oil and the US Oil Fund (USO), PowerShares DB Oil Fund (DBO) and the iShares Dow Jones US Energy (IYE). Over the last year, China’s consumption ...

Last weekend, in my Market Forecast, I wrote, "For the new week, the technicals are still carrying a bias to the downside.  The M&A activities and the speculations for them are offsetting the inconsistency in the latest economic reports.  The M&A activities are bringing buyers into some sectors.  However, the industrials have been weak on further [...]

Stock futures are higher, spurred by global deal activity, after back-to-back negative weeks for most of the major averages. European markets are higher, while Asian markets were mixed.[More...]

As with all other sources of income, income that is generated through exchange traded funds [[ETFs]] and exchange traded notes [[ETNs]] are subject to increasing an investor’s tax liability.  So one doesn’t get hit out of left field, here is a summary of how ETFs and ETNs are taxed. With the vast array of ETFs to ...

Last weekend, in my Market Forecast, I said, "For the new week, the market can run further into its newly developed bullish formation.  The market has already stuttered around the SPX 1120 to 1130 area for a long time.  If it’s going to break higher, it’ll have to catch the daily upper BB.  This will mean [...]