Friday, July 29, 2011

Momentum ETFs (1 Aug 11)

Momentum ETFs

ETFs have changed the investing landscape, opening doors for novice retail investors to professional hedge fund managers to trade just about any commodity, sector, index, future, currency, or other complex investment vehicle like a stock.  The Momentum ETFs strategy is simple but highly effective that buys the best performing ETFs trading within 10% of their 52-week high.  Statistics have shown that stocks making new highs have a tendency of making even higher highs.  These are the stocks we all dream about.  Getting in and watching it go up.
                       
SPDR Gold Shares (GLD) $158.29

SPDR S&P Retail (XRT) $53.26

All positions displayed are for educational purposes only and are not intended to be recommendations.

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