AFP – Honda Motor Company’s luxury vehicle division Acura announced Friday a recall of some 167,000 Acura TSX models to replace a power steering hose that could lead to a “smoke or a fire” hazard. Related Reading:Sector Selector: Putting One and Two TogetherStock Market Trends: The Fed Goes House Hunting?Trading Earnings: SanDisk is Ready to [...]

Reuters – Stocks tumbled on Friday to close out the worst week since January as news of a criminal probe into Goldman Sachs unnerved investors already anxious about the prospects for heavy regulation from Washington. Related Reading:Sector Selector: Putting One and Two TogetherStock Market Trends: The Fed Goes House Hunting?Trading Earnings: SanDisk is Ready to [...]

Gary Gordon submits: Since January, the SPDR S&P 500 Trust (SPY) has only breached a 20-Day trendline on the downside a single time. It appears that investors are very willing to buy SPY whenever it pulls back a mere 2%-3% from its high. Complete Story » Related Reading:ETF X-Ray: It’s Oil All DayETF X-Ray: ULTI [...]

Michael Johnston submits: With countless ETFs struggling to gain traction among investors and generate consistent trading volumes, many analysts have predicted that the industry will witness a wave of fund closures in 2010 (we’ve already seen more than 20). But the Claymore/Delta Global Shipping ETF (SEA), which recently has about $150 million in assets and [...]

Michael Johnston submits: One of the hottest topics in the industry at present is the future of actively-managed ETFs. The issue is also a very divisive one; some expect that widespread adoption of active ETFs is only a matter of time, while others believe mutual funds will continue to be the vehicle of choice for [...]