Sunday, November 21, 2010

Weekly Review of ETF and New ETF for week of Nov 22

Again as I pointed out there is historical bias to being positive for the week before Thanksgiving.

Our top ETF picks last week and their weekly returns are as follows:
Top 5 ETF last week were
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ETF Weekly gain
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1. AGQ - 14.39%
2. SOXL - 5.71%
3. ERX - 3.26%
4. PALL - 5.02%
5. TNA - 1.40%
--------------------------------------------
Cumulative return of 5.96%.
Ann % return of 374%.

However I due to weakness on Monday and Tuesday, I did not get into any of these except for PALL So my return is like 1.05% due only 1/5 principal being deployed.

SPY's return for the same period were 0.22% and another GTAA (so called choosing the leader Tactical ETF) was -0.44% .

This tells us that picking up Porche is always better than picking up a Chevy Cobalt or a balanced Corolla or Honda.


This week's Top Picks Weekly ETF

TOP ETF for this upcoming week are as follows:
These are the top ETF to hold this week
1. AGQ - Buy on Monday if prices go up .. Stop at $118.00
2. SOXL - Buy on Monday if prices go up - Stop at $39.5
3. ERX - Buy on Monday if prices go up - Stop at $45.00
4. PALL - Buy on Monday if prices go up - Stop at 69.13
5. KOL - Buy on Monday if prices go up - Stop at 42.44

We will track these top ETF again next week.

Some of the stocks of interest this upcoming week
PWER - Huge market manipulation in this stock.. so watch out for short squeeze..

Stocks to watch for upcoming short week
1) HPQ - General Technology Sector
2) DE- Due to positions in CAT
3) UUP - What does King Dollar has up in its sleeves.. Provides clues as we are holding lot of metals, natural resouces and materials ETFs....

Good Luck and hopefully Holidays Spirits enlighten your portfolio and trading accounts.

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