Skip to main content

ETF technology fund update: ROM

ProShares Ultra Technology Fund update: This is interesting, fund volume is 193,000 shares with 5 mins before market close but share price is holding pretty firm at $28.67. If you've been thinking on purchasing this fund, I would suggest that you hold off for about another day. The market normally picks up steam towards the close, although today's choppiness gave no clear indication on where the markets may be heading at the close. I am looking for an entry point but not feeling it yet.

05/28/09 03:30:53 PM

Comments

Popular posts from this blog

ETF update

I have been tracking exchange-traded fund indexes of oil and gas, banking, health and pharma, real estate and commodities but none of these indexes are budging from their lows. Maybe, I am looking at this in the wrong way. A few points here, a few points there- nothing major; The only investors that are possibly making money are the short sellers. If you are good at short selling then this is the market for you. Lets take a look at a good short fund.

UCS Stock Market News Today: Oil and Gas update

The Oil and Gas markets continues to recover with many issues that we follow maintaining their gains over the last 4 trading sessions this week. Complete Text of Video : A current   WSJ article states that with the prospects of rising oil prices,  Big Oil companies are considering a strategy that has been unthinkable for much of a two-year-long market slump, ' making new investments '. "Big oil companies are moving ahead with new spending again", says BP PLC Chief Executive Bob Dudley on the sidelines of the Oil and Money conference in London . The British oil company he heads, "has taken final investment decisions on a handful of projects this year and is expected to approve more in 2017", he said.   Major oil companies are beginning to invest in projects as oil prices show signs of recovery. Bob Dudley, CEO of BP, said "Investments are back. But it’s only going to be the very best." Is there light at the end of the Tunnel? Our Comme...