Silver Exchange Traded Fund (ETF): SLV
Introducing the new silver exchange traded fund (ETF): SLV
You can get in on the hot commodities and precious metals actions without owning physical metals such as gold and silver coins. Exchange Traded Funds (ETFs) allow you to invest in commodities and precious metals, like Gold and Silver, and watch your ETF investment grow as the prices of gold, silver, and other commodities rise.
For those unfamiliar with Exchange Traded Funds, or ETFs, read my Exchange-Traded Funds – ETF on my Investing Winner blog. ETFs have many advantages and can benefit every stock trader and investor.
People have recently asked me about an exchange traded fund based on the price of Silver. One such silver ETF is the IShares Silver ETF, with ticker symbol SLV (ETF: SLV).
About the iShares silver trust etf:
Today’s Change:: +9.12 (+7.1%)
The SLV etf is sponsored by Barclay’s Global Investors and has been in the works for more than a year. Silver’s big brother gold also has an ETF in active trading, ticker symbol GLD.
Investors and traders alike have been waiting for the creation of the silver ETF. We can see their support and liking of the new SLV etf with the 7% jump in the price of the ETF, which was introduced on the stock markets on Friday, April 28, 2006.
Global investors are predicting both silver and gold will continue to rise even more than they have in the past year, due to concerns over Iran’s nuclear program, weakened dollar, gas and oil prices, and buying of precious metals by world banks.
SLV price quotes and charts
My online stock broker, TD Ameritrade (formerly Ameritrade – now TD Ameritrade, since the merger between Ameritrade and TD Waterhouse) has just put their newly redesigned website online last Friday. This is the first big change and big news we have seen from TD Ameritrade recently.
Big News from TD Ameritrade TD Ameritrade announced on Monday lower trading commissions! This is great for traders and investors alike. We can now save a little bit of money on each trade. TD Ameritrade’s new commission fee per trade is $9.99, lowered from $10.99. I am one happy trader! TD Ameritrade clients now save 9.10% on commissions fees – the difference between 9.99 and 10.99 being 9.10%. A $1 drop in commissions may not seem like much to the average trader, but for those placing a lot of trades, the $1 in savings adds up quickly.
TD Ameritrade: Strong Earnings TD Ameritrade also announced earnings on Monday. Second quarter earnings were $172.8 million, or 30 cents per share. Last year’s second quarter earnings were $77.4 million, or 19 cents per share. TD Ameritrades earnings have doubled from last year’s second quarter.
TD Ameritrade Stock Down 9% on Monday The earnings doubled, but the stock price fell over 9%. Why? With the 9% decrease in commissions fees, TD Ameritrade announced a weaker forecast for the coming year, due to less commissions income. My personal opinion is that traders and investors will be more willing to place more trades with lower commissions. We’ll have to wait and see how my opinion plays out during the rest of the year.
TD Ameritrade New Advertisement Blitz I’ve seen new ads for TD Ameritrade on CNBC and on various stock market websites, such as Yahoo! Finance. Once ad on Yahoo! I saw stated “TD Ameritrade – up to 50 free trades + $100 cash”. Earlier on Monday I also saw a similar ad, except it stated “+$500 cash”. I’m sure there are stipulations for receiving $100 or $500 cash, such as a minimum initial investment of $25,000 or perhaps a larger investment. I haven’t read their fine print on the free cash, but I know they’ve been giving free trades to all new TD Ameritrade members, which is still nice.
I’d like to hear your opinions on TD Ameritrade in general, and more specifically their new website, earnings, and advertisement campaign.
Indroducing Market Clouds – www.marketclouds.com – stock market activity and popularity indicator using clouds.
I have developed a new tool to assist stock market traders and investors in finding the most popular and active companies traded on all of the stock market exchanges: Market Clouds.
Market Clouds allows stock traders to quickly scan and identify the most actively traded and popular stocks, using different font sizes for levels of activity.
How Market Clouds Work Market Clouds utilizes data from across my network of websites as well as forums and IRC chatter talk to build a list of stocks people are currently and actively requesting quotes, charts, and news for.
Why are some stock tickers bigger? The most popular and actively traded stocks have the largest font sizes. Less active or popular stocks have smaller font sizes. The stocks with the least amount of activity have the smallest font sizes.
How Market Clouds Helps Traders Large font sizes allow us to scan the entire list of daily hot stocks or stocks that are very active. Traders can quickly identify the most active – they have huge font sizes and are easier to spot and read than the less active stocks. Less active and popular stocks have tiny font sizes, allowing market traders and investors to easily cut out the noise.
Put Market Clouds on Your Website or Blog! I have created a Market Clouds service I call MyCloud, allowing you to include a customizable Market Cloud on your own web page. View Market Clouds’ MyCloud in action in my sidebar on the right!
As with any research you do, you must perform Due Diligence on any potential trade. Market Clouds should be used to identify possible trades, based on their trade activity and popularity. These are the stocks people are requesting quotes, viewing charts, or reading news about. Market Clouds should be used in conjunction with other research tools and analysis. You should not buy a stock simply because it is the most active or popular stock with the biggest font size. It could be this stock is actively trading because people are selling all their shares!
Check out Market Clouds – All Stocks, the Market Clouds – Top 100, and the Market Clouds – Over the Counter Bulletin Board Stocks (OTCBB). Put Market Clouds on your website or blog with Market Clouds – MyCloudI welcome all comments and criticisms. If you have an improvement I can make, let me know. I hope you enjoy Market Clouds as much as I do!
Are you trying to become a more successful trader or investor? I know I am.
My friend JCV has a blog called MarketLinks.org that provides great resources, information, and commentary, covering many investing and trading subjects. JCV’s goal is to facilitate trader and investor education by providing a wealth of information we can use to increase our success.
Some topics you can read about at Market Links include:
- Trading Mutual Funds
- Commodities and Futures
- Risk Management
- and more
I highly recommend checking out MarketLinks.org – you’re guaranteed to learn something new or find a link to a useful website. Leave JCV a comment!