Wednesday, January 26, 2011

Weekly ETF Review and Picks for Jan 26

Today the market was basking the "Do Nothing" Glow both from President Obama and then later in the afternoon from FEDS.

The high flying DOW touching 12,000 and S&P coming close to 1300.
Tomorrow with NFLX reporting very good quarter, I expect market to open up higher then with bunch of DATA reports..

So depending on that data we might be pushed into the new Highs territory or we might be pushed back into the range between 1275 and 1300 on S&P


TOP ETF for this upcoming week are as follows:
These are the top ETF to hold this week
1. SOXL - Stop at $59.
2. ERX - Stop at $63.17
3. DAG - Stop at 15.00
4. FAS - Stop at 29.95
5. TYH - Stop at 50.56

We will track the returns of these ETFs on Saturday.

Some of the stocks of interest this upcoming week
PWER, AMZN, CAT, AER and UCTT

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