ETF Preview: Commodity ETFs Showing Strength; Broad-Market ETFs Still Sitting Lower

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SPDR S&P 500 (SPY): -0.2%

iShares S&P 500 (IVV): -0.2%

PowerShares QQQ (QQQ): -0.02%

iShares Russell 2000 (IWM): -0.4%

iShares Russell 1000 Growth (IWF): 0.01%

iShares MSCI Emerging Markets Index ( EEM ): -0.01%

United States Oil Fund (USO): +1.1%

Pre-Market ETF Most Actives:

SPY, -0.02%

SLV, -3.0%

QQQ, -0.02%

GLD, -1.2%

SDS, +0.04%

Winners and Losers

Major-market exchange traded funds are seeing pressure ahead of the opening bell, with QQQ, SPY and IWM all sitting in the red as investors focus on the coming earnings season after the long holiday weekend. Separately, commodity ETFs are also seeing a lift.

Technology -

Active tech shares are mixed. Among those stocks moving this morning: Apple ( AAPL ), down 0.1%; Intel (INTC), up 0.4%; Microsoft (MSFT), up 0.5% Google (GOOG), up 1.1%.

Technology Select Sector SPDR (XLK), iShares Dow Jones US Technology (IYW) is setting up for flat to lower action. Software HOLDRS ( SWH ), iShares S&P GSTI Software Index Fund ( IGV ), Merrill Lynch Internet Architecture HOLDRs (IAH), Morgan Stanley Technology (MTK) and First Trust Nasdaq 100 Technology ( QTEC ) are lightly and flat in pre-market trading.

Healthcare -

Leading health care shares are lower in pre-market action. Pfizer (PFE) is down 0.5%. Johnson & Johnson (JNJ) is down 0.01%.

Inovio Pharmaceuticals (INO) says data from a preclinical study of its SynCon DNA vaccine against HIV were published in two separate scientific journals. In vaccinated animals, the studies demonstrated INO's HIV vaccine's ability to harness the power of the immune system, generating unique immune system responses, significant antigen-specific T-cell responses, and protection from

the virua, the company said.

SPDR S&P Pharmaceuticals (XPH), PowerShares Dynamic Pharmaceuticals (PJP) and Pharmaceutical HOLDRs (PPH) are all seeing mild interest ahead of the open.

Commodities and Mining -

SPDR Gold Shares (GLD) is up 1.3%. Market Vectors Gold Miners (GDX) is up 1.9%. iShares Silver Trust (SLV) is up 2.9%. ProShares UltraShort Silver (ZSL) is down 5.8% and remains an active-volume mover.

Power Play -

Watch Internet ETFs through the day as Baidu (BIDU) shares are up following reports the company inked a deal with Microsoft (MSFT) to have the U.S. tech giant's Bing search engine offer English language search to Baidu's users. In Internet ETFs, Internet HOLDRs (HHH) are flat along with the Internet Infrastructure HOLDRs (IIH).



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

Copyright (C) 2014 MTNewswires.com. All rights reserved. Unauthorized reproduction is strictly prohibited.


This article appears in: Investing , Commodities

Referenced Stocks: AAPL , EEM , IGV , QTEC , SWH

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