ETFs to Watch April 4, 2013 (ELD, IAU, SLX)

by Benzinga Staff
April 4, 2013 6:29 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 List for Thursday April 4, 2013.Keep an eye on the ProShares UltraShort Oil & Gas (NYSE: DUG).The iShares Gold Trust (NYSE: IAU) could be in trouble.The Market Vectors Steel ETF (NYSE: SLX) is in trouble.The iShares Dow Jones US Home Construction Index Fund (NYSE: ITB) is also worth a look.Emerging markets plays of the day: Vanguard FTSE Emerging Markets ETF (NYSE: VWO), WisdomTree India Earnings ETF (NYSE: EPI) and the Market Vectors Egypt ETF (NYSE: EGPT).Forex play of the day: PowerShares DB US Dollar Index Bullish (NYSE: UUP).Bond play of the day: WisdomTree Emerging Markets Local Debt ETF (NYSE: ELD).

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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