All Things ETF

UCS end-of-the-day update . Strong day today. ProShares Technology Fund cruised to a 6.53% gain today with volume over 526,000 shares. The fund's volume came close to hitting that six hundred thousand share level. I am still puzzled though; I was thinking that the enthusiasm would've faded by noon, with all of the negative news out there, such as GM's bankruptcy filing . However, the markets just shook it off and continued rolling. I do believe that one of the main drivers for the enthusiasm was the removal of GM and Citi Group from the DOW 30 and the addition of Travelers and Cisco instead. I've always wondered why GM was not 'removed already'. 06/01/09 06:13:52 PM

Heavy trading this morning. I am looking for the strength to taper off later in the afternoon. Some of the strength that we see could be buy orders from last week Friday as institutions continue to accumulate and adjust positions. The ProShares Technology Fund is trading nicely up 5.0% with volume very heavy at 207,617 shares traded. If you had bought in the fund at $28.50 last week or the week before at $28.30, your position would be in the money. Now would be a good time to take a little money of the table if you are trading. If you are a buy-and-hold investor stay put. 06/01/09 11:27:09 AM

Good morning traders, investors and wannabes. Everything is pointing to a great start. I think the market is going to open strong but gains are going to fade as the day goes on. There are too much negative events floating around out there. We will be tracking as usual the ProShares Technology ETF Fund. Stay tuned for trading updates, if you are interested in making some money in this fund.

UCS end-of-week trading update : A-h-h, the joys of being patient. Trading activity was listless, most of the day. Around 2:00 pm, I thought traders had packed it in already and had decided to call it a week. Then all of a sudden BAM! UAW Members Approve GM Pact , the DOW turned positive, activity picked up, and the scramble was on to adjust positions before the end of the day. The ProShares Technology Fund picked up steam like a ferry headed to the Bahamas for the weekend, closing north of $29.00 with the last trade at $29.55. The fund's share volume increased from 179,00 shares to 312,400 shares, which is not the above average volume I was looking for but good enough to make this a positive week after days of listless trading activity. Next week, I am hoping that the fund can crack the $30 range barrier- we will see. Otherwise, have a great weekend folks. 05/29/09 05:26:38 PM If you are interested in trading this fund, would like a prospectus or have a question concerning this f...

ProShares Ultra Technology Fund update: Trading still very choppy. No clear signals or direction are developing today yet. There is lots of economic data to digest or ponder such as the University of Michigan Surveys of Consumers Sentiment. Trading volume in the fund has been very heavy at roughly over 179,000 shares as of 11:27 am today. Of note, the fund had only traded 193,000 shares almost all day yesterday. 05/29/09 11:28:23 AM

I can't wait to see what trading goodies the market will bring us today.

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