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Proshares New Double (2x) Leveraged Biotech ETF’s

Friday, April 9th, 2010

Proshares is now offering 2 new DOUBLE LEVERAGED ETF's covering the Biotech sector.

The funds are:

Proshares Ultra Nasdaq Biotechnology (BIB) and

Proshares Ultrashort Nasdaq Biotechnology (BIS)

The new funds, which began trading April 8th, track the NASADAQ Biotechnology Index which includes AMGN, TEVA, GILD, and CELG as its top holdings.

Just a reminder….These are LEVERAGED (2x) FUNDS in a very volatile sector so make sure that these funds do not excede your individual risk tolerance levels.

Swing Trading Blog Update April 9th, 2010

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New Direxion 3x Semiconductor ETF

Sunday, April 4th, 2010

Direxion added a few new leveraged ETF's to its product list last month.

Two NEW triple leveraged ETF's that we will be adding to our trade list is the Direxion Daily Semiconductor BULL 3x Shares (SOXL) and Direxion Daily Semiconductor BEAR 3x Shares (SOXS).

These funds track the PHLX Semiconductor Index which tracks U.S. semiconductor makers and equipment manufacturers.

Direxion has an entire family of ETF's that are suitable for swing trading.

You can view their enitre list of ETF's at http://www.direxionshares.com/etfs

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