Wednesday, May 5, 2010

[ConservativeOptionStrategies] Re: ETFs That Minimize Market Movement

 

Short & UltraShort MarketCap ETFs:

ETF Name Ticker Benchmark Index
Short QQQ PSQ Nasdaq-100
Short Dow 30 DOG DJIA
Short S&P 500 SH S&P 500
Short MidCap400 MYY S&P MidCap 400
Short SmallCap600 SBB S&P SmallCap 600
Short Russell2000 RWM Russell 2000
UltraShort QQQ QID Nasdaq-100
UltraShort Dow 30 DXD DJIA
UltraShort S&P 500 SDS S&P 500
UltraShort MidCap400 MZZ S&P MidCap 400
UltraShort SmallCap600 SDD S&P SmallCap 600
UltraShort Russell2000 TWM Russell 2000

UltraShort Style:

ETF Name Ticker Benchmark Index
UltraShort Russell1000 Value SJF Russell 1000 Value
UltraShort Russell1000 Growth SFK Russell 1000 Growth
UltraShort Russell MidCap Value SJL Russell MidCap Value
UltraShort Russell MidCap Growth SDK Russell MidCap Growth
UltraShort Russell2000 Value SJH Russell 2000 Value
UltraShort Russell2000 Growth SKK Russell 2000 Growth

UltraShort Sector:

ETF Name Ticker Benchmark Index
UltraShort Basic Materials SMN Dow Jones U.S. Basic Materials
UltraShort Consumer Goods SZK Dow Jones U.S. Consumer Goods
UltraShort Consumer Services SCC Dow Jones U.S. Consumer Services
UltraShort Financials SKF Dow Jones U.S. Financials
UltraShort Health Care RXD Dow Jones U.S. Health Care
UltraShort Industrials SIJ Dow Jones U.S. Industrials
UltraShort Real Estate SRS Dow Jones U.S. Real Estate
UltraShort Semiconductors SSG Dow Jones U.S. Semiconductors
UltraShort Oil & Gas (Note: Read this if you're thinking of using DUG to short oil prices) DUG Dow Jones U.S. Oil & Gas
UltraShort Technology REW Dow Jones U.S. Technology
UltraShort Utilities SDP Dow Jones U.S. Utilities

Short & UltraShort International:

ETF Name Ticker Benchmark Index
Short MSCI Emerging Markets EUM MSCI Emerging Markets Index
Short MSCI EAFE EFZ MSCI EAFE Index
UltraShort MSCI EAFE EFU MSCI EAFE Index
UltraShort MSCI Emerging Markets EEV MSCI Emerging Markets index
UltraShort MSCI Japan EWV MSCI Japan Index
UltraShort FTSE/Xinhua China 25 FXP FTSE/Xinhua China 25 Index

And here are some inverse Gold ETNs (Exchange Traded Notes):

--- In ConservativeOptionStrategies@yahoogroups.com, Mike Cleveland <mikeandjody1996@...> wrote:
>
> Greetings all,
>
> I'm aware of several ETFs that magnify market movement. FAS is 3X the market movement, etc. But does anyone know of any ETFs that minimize the market movement?
>
> Thank you.
>
>
>
>
>
> ________________________________
> From: Gilbert Arevalo <gilbert_arevalo@...>
> To: CoveredCallFund-Mentoring@yahoogroups.com
> Cc: ConservativeOptionStrategies@yahoogroups.com
> Sent: Wed, May 5, 2010 2:30:49 PM
> Subject: [ConservativeOptionStrategies] Market Direction update: Stop Losses
>
>
> It's official.
>
> The market stumbled into a correction Tuesday as fears rose that the European Union's financial bailout of Greece was too little, too late. The Nasdaq composite slumped 3%. The NYSE composite unwound 2.7% and the S&P 500 2.4%. The Dow fell the least, down 2%. Volume swelled nearly 30% on both major exchanges.
>
> Tuesday's sell-off marked the Nasdaq's biggest drop since 04-Feb-2010 and marked a shift in our Market Direction call from "Caution" to "Stop Losses".
>
> G
>
>
>
>
>
> ________________________________
> From: Gilbert <gilbert_arevalo@ rocketmail. com>
> To: CoveredCallFund- Mentoring@ yahoogroups. com
> Sent: Tue, May 4, 2010 11:37:51 AM
> Subject: [CoveredCallFund- Mentoring] Re: Market Direction update
>
>
> I'll make the update "official" after the close, but we have entered our "Stop Losses" or market in correction mode.
>
> It seems the "Technical Indicator" concurs:
>
> "Namely, each index is rattling the cage on significant support as follows:
>
> - S&P 500 support at the March peak of 1,180.
> - Dow industrials support at the March peak of 10,955.
> - Nasdaq support at its one-month range bottom of 2,450.
>
> "Looking ahead, a close below these areas places each benchmark under its 20-day moving average - a widely-tracked near-term trending indicator - and would also mark a "lower low" for the current cycle.
>
> "Both events would technically signal a near-term trend shift, opening the path to a deeper pullback. (On a breakdown, the first downside target rests at the January peak, around S&P 1,150.)"
>
> G
>
> --- In CoveredCallFund- Mentoring@ yahoogroups. com, Gilbert Arevalo <gilbert_arevalo@ ...> wrote:
> >
> > Stocks took their hardest one-day hit since early February as the uptrend came under pressure. The NYSE composite dropped 2.8%, the S&P 500 2.3%, the Nasdaq 2% and the Dow 1.9%. The Philadelphia semiconductor index plunged 3.5%. Volume was higher on both major exchanges.
> >
> > The negative action slapped all four major indexes with a distribution day. The NYSE composite has seven distribution days, the most of the indexes. The Nasdaq has the fewest, with three.
> >
> > The sum of that negative action has put the market's uptrend under pressure, a shift reflected in a change to our Market Direction bias to "Caution" from "Green Light" - effective Tuesday, 27-Apr-2010. This should put investors on alert. Watch your holdings carefully and don't be shy about raising cash by culling your weaker stocks. Approach new buys with a healthy dose of caution until the market reasserts itself. Our Current Market Direction call is also posted at the top of the Covered Covered Candidates page.
> >
> > G
> >
> >
> > ____________ _________ _________ __
> > From: Gilbert <gilbert_arevalo@ ...>
> > To: ConservativeOptionS trategies@ yahoogroups. com
> > Sent: Tue, March 2, 2010 10:48:19 AM
> > Subject: [ConservativeOption Strategies] Re: My 2010 CC Trades, Market Direction update
> >
> >
> >
> >
> > The Nasdaq's "follow-through" on 01-Mar-2010 confirmed the (tenuous) uptrend. Please note a move back to "Green Light" from "Stop Losses" mode.
> >
> > What that means is we will once again "test the waters" with high-yielding covered call plays, while sticking to our stop-loss rules.
> >
> > G
> >
> > --- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ ...> wrote:
> > >
> > > Indeed, fully cashing out Thursday proved prudent as we entered into a correction or our "Stop Losses" mode on Friday.
> > >
> > > We will now "wait-and-see" - watching the market's price and volume action. A follow-through confirmation will put us back into our "Green Light" mode.
> > >
> > > G
> > >
> > > --- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ > wrote:
> > > >
> > > > Market Direction: "Caution" - effective 20-JAN-2010
> > > >
> > > > G
> > > >
> > > > --- In ConservativeOptionS trategies@ yahoogroups. com, "Gilbert" <gilbert_arevalo@ > wrote:
> > > > >
> > > > > Not likely. In my experience, when a stock drops enough to trigger my sell rule it is best to avoid re-entry. It usually turns out there is a reason for the significant decline.
> > > > >
> > > > > Furthermore, once all my positions (as have again in 2010) are stopped, most often the market is pending a downturn. Countless growth stocks (2009 winners) are now slicing through their 50-day moving averages.
> > > > >
> > > > > Not a good omen. Plus distribution days are at an elevated level (can indicate a top). I will wait for further confirmation to the upside before getting into any more positions.
> > > > >
> > > > > G
> > > > >
> > > >
> > >
> >
>

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MARKETPLACE

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