Bank Of Japan Tumble Protection Group Switches Into Buys Most Etfs Since 2010 Hedge

However, ignoring the almost daily vertical ramps in US stocks and volatility from a seemingly bottomless pit of margin; the Bank of Japan has been buying stocks (directly through ETFs) for years... and as the Nikkei began to turn down in early August, the WSJ reports the BoJ undertook the longest and largest consecutive buying streak since it started purchasing ETFs in December 2010. As WSJ reports, While the central bank is well known for its massive purchases of Japanese government bonds as a part of its monetary easing program, it also buys ETFsalbeit in much smaller quantitiesthat track the Nikkei Stock Average and the broader Topix index. Through a trustee, the central bank purchased a combined 92.4 billion ($904.2 million) in ETFs over the first six business days of August. That's the BOJ's longest and largest consecutive buying streak since it started purchasing ETFs in December 2010. Many traders suspect that it may not be a coincidence that the central bank is scooping up ETFs at a time when both the Nikkei and the Topix are spending considerable amounts of time in negative territory. Speculation is rife that the BOJ is following an unwritten rule, called "the 1% rule" by traders, where it buys ETFs after the Topix index falls around 1% in the morning session. Thu, 08/14/2014 - 10:29 | 5092092 madbraz They are certainly doing something, it is no coincidence that we have reverse repos of $130 billion per day and every end of quarter it grows by $100 billion (last i checked it was something like $250 billion on June 30th), not to mention securities lending of $20 billion every day and God knows what else that they don't disclose because they don't have to... Thu, 08/14/2014 - 10:34 | 5092115 madbraz You put 2 and 2 together and you realize that maybe HFT and algos running the show is not a coincidence, that they didn't appear out of nowhere and regulation let them slip through the cracks. Aren't HFT and algos the ultimate weapon in trying to manipulate (volumeless) markets? Isn't that something that central banks ultimately desire, as long as you replace the word manipulate with "influence"...

Taking the Technical Temperature of a Big Health Care ETF - Yahoo Finance

XLV pulled in $843 million in new assets for the week ending Aug. 8, reports Joseph Ciolli for Bloomberg . Among sector ETFs, only XLE has pulled in more new assets than XLV this year. [Investors Heart Health Care ETFs] That says investors have not been turned off by volatility in biotech stocks and intense criticism of the Affordable Care Act. XLV devotes 20.2% of its weight to biotech stocks. The ETF also features a combined 31.3% allocation to health services providers and equipment makers, groups that have directly benefited from Obamacare. [Obamacare a Boon for This ETF] With all the enthusiasm investors have displayed for health care stocks and ETFs, enthusiasm that has generally been rewarded, XLVs chart still shows the fund is at or nearing a critical technical juncture and its near-term action could be telling. At this time the trend in health care is up, as its above support and long-term moving averages.

Consolidation must-know: A look into Kinder Morgan’s origins - Yahoo Finance

KMI made another crucial purchase in the form of its Copano acquisition last year. Copano Energy LLC, a pipeline operator, gave KMI strongaccess to gathering and processing infrastructure at key shale basins. Another recent acquisition by KMI isits $962 million purchase of a fleet of crude tankers from Cerberus Capital Management LP and Blackstone Group LP. Key stocks and ETFs Kinder Morgan Energy click here. Partners (KMP), KMIs flagship MLP, competes with Williams Partners, Spectra Energy Partners, and Enterprise Product Partners (EPD).

Publié le par Emilie dans «misc».