ETFs to Watch July 30, 2012 (FAZ, JNK, YCS)

by Benzinga Staff
July 30, 2012 9:27 AM | 1 min read

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

Here is the ETF Professor's ETF Watch for Monday July 30, 2012.Keep an eye on the iShares Dow Jones US Telecom Fund (NYSE: IYZ) and the iShares Nasdaq Biotechnology Index Fund (NASDAQ: IBB).The Direxion Daily Financial Bear 3X Shares (NYSE: FAZ) might tell us if this rally is waning.The WisdomTree Equity Income Fund (NYSE: DHS) is also worth a look.Emerging markets plays of the day: iShares MSCI Brazil Index Fund (NYSE: EWZ), Market Vectors Vietnam ETF (NYSE: VNM) and the WisdomTree India Earnings ETF (NYSE: EPI).Forex play of the day: ProShares UltraShort Yen (NYSE: YCS).Bond play of the day: SPDR Barclays Capital High Yield Bond ETF (NYSE: JNK).

20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.

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