Posts Tagged ‘ETF’

As I have discussed in recent Blog Posts, the Market has Slight bull action, but is in a deep Bear Market of which I figure will continue possible threw into the New Year, or beyond. Some ETF’s I recommend to be on your Watch List this week are

 

Market Vectors Coal ETF (NYSE:KOL)

Direxion Daily Agribusiness Bear 3x Shares (NYSE:COWS)

ProShares UltraShort Russell 2000 (NYSE:SRTY)

Direxion Daily Finan. Bear 3X Shs(ETF)

Direxion Daily Emr Mkts Bear 3X Shs(ETF)

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In the Brink of a Bear Market of which has happened 3 times in August alone a ETF of which could potential help you during these down times is Direxion Daily Finan. Bear 3X Shs(ETF) (FAZ).

Sell Offs Last Month!! August 2011!

August 1st, to the 5th, resulted in a jump from $49.00 to a high of $79.00 in 4 days! +$30.00 or 38% jump

August 17th-22th, resulted in a jump from   $57.56 to a High of $71.27 + $13.71 or 19% jump

Sell Offs already this Month! September 2011!

September 1st-6th, resulted in a jump from $51.29 to a of $66.42  +$15.13 or 22.8% jump

 

With (FAZ) currently around $55.00 it might be worth your penny to buy a few shares and bet that the market will have another big drop.

Another ETF to add to your watch list is (EDZ)!
Disclosure – Currently I hold a Position in (FAZ), but not (EDZ) and do not plan to initiate another Position within the next 72 hours.

selfmade image of U.S. Unemployment rate from ...

Image via Wikipedia

As today marks the day for Job reporting to come out I expect there to be a bit of sell off. As the White House has recently downgraded its outlook for the economy, and forecasting unemployment averaging around 9% in 2012 many investors may be eager to sell today, and take there gains since there has been a solid rebound since August 18th. The White House also announced that there is slower then expected growth for the coming years ahead.  Even though the Labor Department has reported Thursday a lower number of people claiming new jobless benefits from the week prior, it does not surprise me. Many may of been unable to file due to the storm in the Carolina s, and the North East as there is still upwards of 400,000 plus still without power, and Million Plus out of power from Saturday into Wednesday. In the end I predict if today’s job reports show anything under 20,000 new jobs the market could see another volatility day.
To stay safe I recommend buying (Direxion Daily Emr Mkts Bear 3x Shs (ETF) (EDZ). This is a wonderful ETF to buy when the market has big sell offs or sell offs for multiple days. If the job report does not meet Wall streets Expectations and there is a 600-1000 point drop in the next few trading days (EDZ) could easily jump back to the $25.00 Range. Currently (EDZ) Closed at $20.40, and in Aftermarket increased to $20.59. If a sell off happens (EDZ) will pop! There is no question about this. (EDZ) could easily eclipse $22.00 + in pre-market this morning. I currently do not recommend Buying anything right now, I would stay clear of Stocks, Hold positions of which you are in for long term, and Buy (EDZ) for some quick gains. There is an easy 13% upside here, and this would be if (EDZ) only pops to $25.50.

 

(GLD)- A Gold trust investment trust of which holds gold and issues shares in Baskets of 100,000 shares. This is in exchange for deposits of gold. The objective of the trust is for the Shares to reflect the performance of the price of the gold bullion. They provide investors with a way to invest into gold. The trusts shares represent units of fractional undivided beneficial interest in and ownership of the Trust.  World Gold Trust Services, LLC is the sponsor of the trust. The Gold is held by HSBC Bank USA.

With Gold continuing to hit record highs GLD obviously will continue to grow. After hours gold hit a record $1780 an ounce. Right now gold is around $1738 an ounce up around $29.00 for the trading day. With the fact that many analysis continue to say that Gold is safe haven (GLD) is still interesting to investors out there.

(GLD)- Over the past year  has increased over $30.00 +22% to $169.00. (GLD) does have off days but as of late has really shined. I believe until there is a big jump in the United States Dollar, and a real formula on handling all the debt situations in the United States, GLD is going to continue to look solid in an investors eyes. As of right now (GLD) is trading up +1.30 % or $+2.20. Another thing to look at is Volume, which already today is at 26.16M with AVG Volume around 18.30M. This showing that there is a ton of buying, and selling going on. Personally I feel the ones who are selling are simply just wanting to cash out take some of the gains, and re position themselves to get in before it tops $170.00. In the next coming week, It is possible for (GLD) to eclipse $180.00. Come November, and December $200.00 is possible. The 52 week high for (GLD) is $170.33 and once it gets topped their could be a big upside potential in the forecast.

Currently I have called a POULtrend Alert on (GLD) when it was trading at $158.00 back on 8/1/2011. Since the alert (GLD) has climbed $11.00 or %6.50 percent.

Disclosure –  Currently I do not hold any Position in (GLD) nor do I plan to in the next 3 Trading Days.

Gold

Photo was found on http://wfoster2011.wordpress.com/2011/08/04/gold-rockets-to-new-record-high-of-1663-50-an-ounce/

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(ERX) Direxion Daily Energy Bull 3X Shares ETF – Fund which seeks daily investment results, before fees and expenses of 300% of price performance of the Russell 1000 Energy Index. This fund invests 80% of assets in securities that comprise this index. 


As of 8/5/2011 (ERX) hit a low of $46.80 and on 7/26/2011 ERX was trading at $86.97, Its 52 week high is $93.27.


Since Monday (ERX) Has dropped 29.65%  $-22.34


There is no question that (ERX) when it trades can have Great days of $5.00 gains, whoever can also have large losses as we can see has happened this week. There is no question about it that if you want to get into (ERX) a good time to get in could be now. The Upside potential is Phenomenal. 


Disclosure – At this time I currently do not have any position in (ERX) nor do I plan on having any in the next 3 trading days.