Sunday, April 18, 2010

On the Radar

On the radar for this week are the Pro Shares Ultra Short ETF’s - Electronic Traded Funds. The market has been on a tear for the past few weeks as the Dow Jones Industrial Average crossed the 11,000 point mark earlier in the past week.

With the recent shake up at (GS)Goldman Sachs and the move to the downside after (BA) Bank of America earnings we may see a pullback in the price of stocks in order for the market to correct its self after a huge run up in price for 9 of the past 10 weeks.

The exchange traded funds to pay very close attention to are (SDS) Ultra Short S&P 500, (DXD) Ultra Short Dow 30, (QID) Ultra Short QQQ, (SRS) Real Estate Short, (EEV) Emerging Markets Short, (DUG) Ultra Short Oil & Gas and (EWV) Ultra Short MSCI Japan to name a few.

No comments: