Category Archives: Exchange Traded Fund
After $150 Billion Buying Binge, ‘Tokyo Whale’ Seen Paring Back ETF Purchases In 2018
A few months ago, we noted that the Bank of Japan had decided to throw every textbook out of the window and crank their plunge-protection to ’11’after reports surfaced that they owned a staggering 75% of Japan’s ETFs. The BOJ first started their buying spree in December 2010 – when they held no ETFs at […]
A Gift From The Oldies
By Chris at www.CapitalistExploits.at I bumped into a friendly bloke at my local gym last week. Jim is his name. Jim tells me he just started because, and I quote, “my doctor says I’m going to die unless I do something”. Now, I assure you it doesn’t take a doctor to figure this out. One glance in […]
BofA Institutional Clients Sell Tech Stocks For 3rd Straight Week
As tech stocks continue to hit new all time highs, the general assumption is that they are being, well, bought by the broader population even if non-growth stocks remain largely shunned. Well, at least according to Bank of America that is not happening. And it’s not just tech stocks. In the latest client flow report […]
What Is The Market Telling Us?
Authored by Charles Hugh Smith via OfTwoMinds blog, The entire global economy now depends on this stripped-of-information "market" for its stability. Ho-hum, another day, another record high in the S&P 500 (SPX). What is this market telling us? If you're long, the market is screaming "you're a genius!": But other than that, what else is […]
WTF Chart Of The Day: There Are Now More Indexes Than Stocks
For the first time ever, the number of market indexes now exceeds the number of U.S. stocks… As Bloomberg reports, traditional ones such as the S&P 500 are collections of securities weighted by market value, and index funds mimic them as a low-cost way to deliver the market’s performance. Many new indexes are different: They […]
Bank Of Japan “Bought The Dip” Over Half The Time In The Last 4 Years
A year ago, we noted that The Bank of Japan (BoJ) was a Top 10 holder in 90% of Japanese stocks. In December, we showed that BoJ was the biggest buyer of Japanese stocks in 2016. And now, as The FT reports, the real "whale" of the Japanese markets is stepping up its buying (up […]
Is GDXJ Killing The Market?
Source: stockcharts.com The past few weeks, there has been a lot of fuss about the GDXJ ETF. An Exchange Traded fund issued by Van Eck which aims to track the index of junior gold mining companies. The ETF has always been extremely popular amongst investors as it provided an easy and low-cost access to gaining […]