Search Results for 'UDN'
Stock market averages opened higher and held the gains through economic data, then rangebound action returned. The Univ of Michigan Sentiment Index for mid-May and the List of Leading Indicators for April were both released during market hours this morning, and both were better than expected. Steady trading across much of Asia and Europe also [...]
Interesting trading day with some of the signs of a classic midweek reversal – up Monday, up Tuesday, and up Wednesday morning. Then, the NASDAQ, which led on the way up, leads on the way down. The initial rally was indeed surprising, as data on Industrial Production, PPI, and NY manufacturing were all weaker-than-expected. Crude [...]
Stocks are broadly lower for a second day amid ongoing concerns about the European debt crisis and deepening worries about a worldwide economic slowdown. Rallying bond yields to record highs in Spain and Italy remain a source of investor anxiety. And a Moody’s downgrade of Germany late-Monday followed by reports today that Greece will need [...]
Global equity markets are back under pressure on concerns about a worldwide economic slowdown. Hong Kong’s Hang Seng lost 3 percent after a member of China’s Central Bank warned that growth in the world’s second largest economy might slow to 7.4 percent, and below the 7.6 percent seen in the second quarter – which was [...]
PowerShares DB Dollar Bearish Fund (UDN) loses a dime to $27.40 and it appears that one strategist sells the Sep 27 straddle at $1.75 and $1.80, a total of 25000X today. The position looks opening and a bet that the bearish fund will slip towards $27 through September, which would be a moderately bullish play [...]
Some less actively traded names seeing bullish order flow: Winnebago Industries (WGO), Asmel (ASML), Powershares US Dollar Bearish Fund (UDN) Bearish order flow: Genoptix (GXDX), Eagle Bulk Shipping (EGLE), Zoltek (ZOLT) Post-Earnings: Kraft Foods (KFT) Pre-Earnings: General Steel (GSI) Ex-div.: None
iShares Japan Fund (EWJ) is unchanged at $9.86 and at least one strategist expects the rangeboudn action to continue over the weeks ahead. 25000 April 10 straddles have been sold today at 59 cents each. Looks like opening trades.
Interest is picking up in the PowerShares DB US Dollar Index Bearish Fund (UDN). The exchange-traded fund is designed to track being short the US Dollar against the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. It is up 26 cents to $25.23 and March 25 calls are seeing the bulk [...]
PowerShares DB US Dollar Index Bearish Fund (UDN) is an exchange-traded fund designed to track being short the US Dollar against the Euro, Japanese Yen, British Pound, Canadian Dollar, Swedish Krona and Swiss Franc. Some traders seemed to like the idea Tuesday, as options volume rose to two times the usual and today’s open interest [...]
Calls on the PowerShares DB Dollar Index Bear Fund (UDN) are actively traded. The ETF tracks the Short US Dollar Index and is intended to replicate being short the buck against the euro, yen, pound, Swiss franc, Canadian dollar, and Swedish Krona. Some investors seem to like the idea, as nearly 6,000 UDN March 25 [...]