Sunday, July 24, 2011

Momentum ETFs (25 Jul 11)

TO ALL:

Here are the “potential trades” for next week:

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.
                       
Direxion Energy Bull 3X (ERX) $86.50

ProShares Ultra Oil & Gas (DIG) $61.52

SPDR S&P Oil & Gas Exploration (XOP) $65.21

Direxion Large Cap Bull 3X (BGU) $86.86

ProShares UltraPro S&P 500 (UPRO) $82.75

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

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