For high probability traders looking for opportunities to trade extreme pullbacks, the current market offers a number of potential exchange-traded funds including these leveraged ETFs, both 2x and 3x, which are worth noting.
Thursday was a day of decline for U.S. markets, as the financial and energy sectors saw particularly aggressive selling action ProShares Ultra Financials ETF, UYG slid nearly 1% on the day.
This week’s most overbought and oversold ETFs for Friday’s trading includes the PowerShares DB U.S. Dollar Index Bearish Fund ETF, UDN.
Buyers were on the offensive to finish the week, with financials and energies being the biggest sector beneficiaries. Up well over 3% were both the ProShares Ultra Financials ETF, UYG and the ProShares Ultra Oil & Gas ETF, DIG.
Here are some exciting developments concerning the use of leveraged ETF products. Whether these changes will enhance portfolio performance or will quickly turn into an enormous potential for loss, David Goodboy says that the truth lies not in the tools themselves, but how they are used.
The new TradingMarkets Leveraged ETF Course includes a number of new, quantified trading strategies especially geared toward the challenges of trading leveraged ETFs. Join Larry Connors’ free presentation on the TradingMarkets Leveraged ETF Trading Course, TODAY at 4:30 p.m. Eastern.
As a short term trader looking to take advantage of extreme conditions in leveraged ETFs like these, what’s the next move? Time to sell? Or time to buy? What is drawing short term traders to leveraged ETFS anyway? Find out here.
We have found a handful of quantified strategies to trade leveraged ETFs. This one strategy in particular has been correct over 92% of the time including using inverse leveraged ETFs. Learn it now.
If you are looking for a primer on quantitative trading, Larry Connors strongly recommends this book. Plus, learn more about the Spring 2010 TradingMarkets Swing Trading College which begins in the April.
Leveraged ETFs are ideal vehicles for short term trading. But before you begin trading, here are a few tips to help you review your own ETF trading and investing strategy to see how leveraged ETFs may be a good fit for you.