ProShares UltraShort QQQ (ARCA:QID), Quote.Headers.trade-ideas

ProShares UltraShort QQQ

The Fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The Index is constructed and maintained by Nasdaq Inc. (the Index Provider). The Index includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. The Index reflects companies across major industry groups including computer hardware and software, telecommunications, retail/wholesale trade and biotechnology. Companies selected for inclusion are non-financial companies that meet appropriate trading volumes and other eligibility criteria.

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WAVES AND CRASHES - WHAT DO ELLIOTT WAVE THEORICIANS SAY ABOUT THIS MARKET?

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Broad U.S. Equity ETFs

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Pre-Market Outlook

ETFs to Watch May 2, 2013 (EEM, QID, XLU)

Wisdomtree Emerging Markets Smallcap Dividend Fund

ETFs to Watch April 24, 2013 (DZZ, JNK, QID)

WIIM

BIDU

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Shares of several Chinese companies are trading lower on renewed coronavirus fears as the number of new confirmed cases in China increases. NOTE: The Coronavirus outbreak has continued to cause economic disruption in China.

Here is the ETF Professor's ETF Watch List for May 2, 2013.

Give the ProShares UltraShort Silver (NYSE: <a class="ticker" href="/stock/zsl#NYSE">ZSL</a>) a look.

The Utilities Select Sector SPDR (NYSE: <a class="ticker" href="/stock/xlu#NYSE">XLU</a>) could be showing signs of weakness.

The ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>) is worth a trade.

Emerging markets plays of the day: ProShares UltraShort MSCI Brazil (NYSE: <a class="ticker" href="/stock/bzq#NYSE">BZQ</a>), iShares MSCI Emerging Markets Index Fund (NYSE: <a class="ticker" href="/stock/eem#NYSE">EEM</a>) and the iShares MSCI South Africa Index Fund (NYSE: <a class="ticker" href="/stock/eza#NYSE">EZA</a>).

Forex play of the day: CurrencyShares Canadian Dollar Trust (NYSE: <a class="ticker" href="/stock/fxc#NYSE">FXC</a>).

Bond play of the day: WisdomTree Asia Local Debt ETF (NYSE: <a class="ticker" href="/stock/ald#NYSE">ALD</a>).

Here is the ETF Professor's ETF Watch List for Wednesday, April 24, 2013.

Give the PowerShares DB Gold Double Short ETN (NYSE: <a class="ticker" href="/stock/dzz#NYSE">DZZ</a>) a look.

Dividend play: WisdomTree MidCap Dividend ETF (NSYE: DON).

Earnings play: ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

Emerging markets plays of the day: PowerShares India Portfolio (NYSE: <a class="ticker" href="/stock/pin#NYSE">PIN</a>), iShares MSCI South Korea Index Fund (NYSE: <a class="ticker" href="/stock/ewy#NYSE">EWY</a>) and the WisdomTree Emerging Market SmallCap Dividend ETF (NYSE: <a class="ticker" href="/stock/dgs#NYSE">DGS</a>).

Forex play of the day: ProShares UltraShort Euro (NYSE: <a class="ticker" href="/stock/euo#NYSE">EUO</a>).

Bond play of the day: SPDR Barclays Capital High Yield Bond (NYSE: <a class="ticker" href="/stock/jnk#NYSE">JNK</a>).

Leveraged ETFs, which provide amplified exposure to different market indices, have given traders a powerful hedging or speculative trading instrument. The ETFs, however, can also be dangerous and should not be held for an extended period of time. These instruments usually provide two or three times exposure to a specific sector or index. The ProShares UltraShort QQQ ETF (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>), for example, seeks daily investment results that correspond to twice the inverse (200%) of the daily performance of the Nasdaq 100. This ETF provides short-term traders with a hedging tool in fast markets. 
	A trader could purchase the QID on an intra-day basis in order to lay off exposure to the Nasdaq 100. The ETF could also be used as a speculative tool in order to express a short thesis on the broader stock market. It is important, however, not to hold leveraged ETFs for more than a few days because of the effect of decay. Since the instruments are based on the daily investment results of a particular sector or index, they exhibit decay over time. 
	For example, if a leveraged ETF fell 10% one day from $100 to $90 and then rose 10% the following day from $90 to $99 an investor who was long the ETF would have lost $1 to decay. Similarly, if the ETF jumps 10% on day one from $100 to $110 and then falls 10% the following day to $99 the investor has once again lost $1 to decay in a very short period of time. For this reason, these instruments can be disastrous to hold for an extended period of time in <a href="http://www.lightspeed.com/company/blogs/active-trading-blog/10082012-selecting-the-right-stocks-to-trade-for-your-strategy/?utm_source=Benzinga&amp;utm_medium=Blog&amp;utm_campaign=Benzinga2013">volatile markets</a> that don't really go anywhere. Overall, leveraged ETFs make very poor investments, but can be useful in <a href="http://www.lightspeed.com/company/blogs/active-trading-blog/10082012-selecting-the-right-stocks-to-trade-for-your-strategy/?utm_source=Benzinga&amp;utm_medium=Blog&amp;utm_campaign=Benzinga2013">short-term trading</a> and speculation. 
	Other popular instruments include the Direxion Financial Bull 3X FShares ETF (NYSE: <a class="ticker" href="/stock/fas#NYSE">FAS</a>) and the  Direxion Daily Financial Bear 3X Shares ETF (NYSE: <a class="ticker" href="/stock/faz#NYSE">FAZ</a>). Traders will use these instruments to speculate on the direction of the financial index on an intra-day basis or hedge their exposure, either long or short, in financial stocks. As speculative trading tools, these ETFs generally do best during <a href="http://www.lightspeed.com/webinar/finding-trading-opportunities-with-madscan/?utm_source=Benzinga&amp;utm_medium=Blog&amp;utm_campaign=Benzinga2013">trending markets</a> and extended moves. 
	Financial leveraged ETFs have been particularly popular in recent years as the mortgage collapse and then the <a href="http://www.lightspeed.com/company/blogs/active-trading-blog/442012-eurozone-whats-happening-now-and-what-can-we-expect/?utm_source=Benzinga&amp;utm_medium=Blog&amp;utm_campaign=Benzinga2013">European sovereign debt crisis</a> roiled global markets. There are <a href="http://www.lightspeed.com/company/blogs/active-trading-blog/10242012-using-etfs-to-execute-a-macro-oriented-strategy/?utm_source=Benzinga&amp;utm_medium=Blog&amp;utm_campaign=Benzinga2013">leveraged ETFs</a> that track the performance of numerous tradable assets from commodities, Treasuries and foreign equity indexes to large-cap stocks, oil stocks and semiconductor stocks. 
	Although volume can be very thin in some leveraged ETFs, there are many others that are popular with day-traders and hedge funds and always have suitable daily trading volumes. Although these instruments have their drawbacks and can be risky, leveraged ETFs provide traders with another tool in their toolbox when navigating the markets.

Adding Leveraged ETFs To Your Trading Arsenal

Here is the ETF Professor's ETF Watch List for Thursday January 24, 2012.

The Direxion Daily Technology Bear 3X Shares (NYSE: TECS) is certainly worth a look.

Index play of the day: ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

The Market Vectors Gold Miners ETF (NYSE: <a class="ticker" href="/stock/gdx#NYSE">GDX</a>) continues to look bearish.

Emerging markets plays of the day: ProShares UltraShort MSCI Brazil (NYSE: <a class="ticker" href="/stock/bzq#NYSE">BZQ</a>), Market Vectors Vietnam ETF (NYSE: <a class="ticker" href="/stock/vnm#NYSE">VNM</a>) and the iShares MSCI South Africa Index Fund (NYSE: <a class="ticker" href="/stock/eza#NYSE">EZA</a>).

Forex play of the day: WisdomTree Dreyfus Emerging Currency Fund (NYSE: <a class="ticker" href="/stock/cew#NYSE">CEW</a>).

Bond play of the day: WisdomTree Asia Local Debt ETF (NYSE: <a class="ticker" href="/stock/ald#NYSE">ALD</a>).

WisdomTree Dreyfus Emerging Currency Fund

Market Vectors ETF Trust Market Vectors Gold Miners

ETFs to Watch January 24, 2013 (ALD, GDX, TECS)

Here is the ETF Professor's ETF Watch List for Monday January 14, 2013.

Index play of the day: ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

Sector play of the day: Vanguard Financials ETF (NYSE: <a class="ticker" href="/stock/vfh#NYSE">VFH</a>).

Keep an eye on the iShares S&amp;P Global Energy Index Fund (NYSE: <a class="ticker" href="/stock/ixc#NYSE">IXC</a>).

Emerging markets plays of the day: iShares MSCI Turkey Investable Market Index Fund (NYSE: <a class="ticker" href="/stock/tur#NYSE">TUR</a>), iShares MSCI Malaysia Index Fund (NYSE: <a class="ticker" href="/stock/iwm#NYSE">IWM</a>) and the Market Vectors Brazil Small-Cap ETF (NYSE: <a class="ticker" href="/stock/brf#NYSE">BRF</a>).

Forex play of the day: ProShares UltraShort Yen (NYSE: <a class="ticker" href="/stock/ycs#NYSE">YCS</a>).

Bond play of the day: WisdomTree Emerging Markets Local Debt ETF (NYSE: <a class="ticker" href="/stock/eld#NYSE">ELD</a>).

iShares Trust S&P Global Energy Sector Index Fund

iShares MSCI Turkey Investable Market Index Fund

ETFs to Watch January 14, 2013 (ELD, QID, YCS)

Here is the ETF Professor's ETF Watch List for Tuesday January 8, 2013.

The PowerShares S&amp;P 500 Low Volatility ETF (NYSE: <a class="ticker" href="/stock/splv#NYSE">SPLV</a>) might be worth a look here.

Index play of the day: ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

Commodities play of the day: ETFS Physical Palladium Shares (NYSE: <a class="ticker" href="/stock/pall#NYSE">PALL</a>).

Sector play of the day: First Trust Health Care AlphaDEX Fund (NYSE: <a class="ticker" href="/stock/fxh#NYSE">FXH</a>).

Emerging markets plays of the day: Market Vectors Brazil Small-Cap ETF (NYSE: <a class="ticker" href="/stock/brf#NYSE">BRF</a>), Guggenheim China Small Cap ETF (NYSE: <a class="ticker" href="/stock/hao#NYSE">HAO</a>) and the Direxion Daily Emerging Markets Bear 3X Shares (NYSE: <a class="ticker" href="/stock/edz#NYSE">EDZ</a>).

Forex play of the day: ProShare UltraShort Yen (NYSE: <a class="ticker" href="/stock/ycs#NYSE">YCS</a>).

Bond play of the day: PIMCO Total Return ETF (NYSE: <a class="ticker" href="/stock/bond#NYSE">BOND</a>).

BOND

Direxion Daily Emerging Markets Bear 3x Shares

PALL

PowerShares S&P 500 Low Volatility Portfolio

SPLV

ETFs to Watch January 8, 2013 (BOND, PALL, QID)

Here is the ETF Professor's ETF Watch List for Monday November 12, 2012.

The Market Vectors Oil Services (NYSE: <a class="ticker" href="/stock/oih#NYSE">OIH</a>) might be a short based on technicals.

The ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>) will be in play.

Keep an eye on the Global X Silver Miners ETF (NYSE: <a class="ticker" href="/stock/sil#NYSE">SIL</a>).

Emerging markets plays of the day: Market Vectors Indonesia ETF (NYSE: <a class="ticker" href="/stock/idx#NYSE">IDX</a>), iShares MSCI Philippines Investable Market Index Fund (NYSE: <a class="ticker" href="/stock/ephe#NYSE">EPHE</a>) and the Market Vectors Poland ETF (NYSE: <a class="ticker" href="/stock/plnd#NYSE">PLND</a>).

Forex play of the day: ProShares UltraShort Yen (NYSE: <a class="ticker" href="/stock/ycs#NYSE">YCS</a>).

Bond play of the day: Market Vectors EM Local Currency Bond ETF (NYSE: <a class="ticker" href="/stock/emlc#NYSE">EMLC</a>).

Market Vectors Emerging Markets Local Currency Bond ETF

EMLC

ISHARES MSCI PHILIPPINES INVESTABLE MARKET INDEX FUND

EPHE

PLND

ETFs to Watch November 12, 2012 (QID, SIl, YCS)

Here is the ETF Professor's ETF Watch List for Wednesday September 26, 2012.

Index play of the day: ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

The ProShares UltraShort Oil &amp; Gas (NYSE: <a class="ticker" href="/stock/dug#NYSE">DUG</a>) is starting to look interesting.

Keep an eye on the SPDR Gold Shares (NYSE: <a class="ticker" href="/stock/gld#NYSE">GLD</a>).

Emerging markets plays of the day: ProShares UltraShort FTSE China 25 (NYSE: <a class="ticker" href="/stock/fxp#NYSE">FXP</a>), Market Vectors Russia ETF (NYSE: <a class="ticker" href="/stock/rsx#NYSE">RSX</a>) and the Market Vectors India Small-Cap ETF (NYSE: <a class="ticker" href="/stock/scif#NYSE">SCIF</a>).

Forex play of the day: PowerShares DB Dollar Bullish (NYSE: <a class="ticker" href="/stock/uup#NYSE">UUP</a>).

Bond play of the day: ProShares UltraShort 20+ Year Treasury (NYSE: <a class="ticker" href="/stock/tbt#NYSE">TBT</a>).

Market Vectors Russia ETF Trust Shares of Beneficial Interest

SCIF

ProShares UltraShort Lehman 20+ Year Treasury

PowerShares DB US Dollar Index Bullish Fund

ETFs to Watch September 26, 2012 (DUG, GLD, UUP)

Two trading days into September, it is fair to say the broader market is not doing much of anything...yet. Strong trends in either direction have yet to emerge, but traders can take heart in knowing that September is not a good month for stocks.

In fact, the ninth month of the year is usually quite harsh to equities and <a href="http://www.benzinga.com/trading-ideas/long-ideas/12/08/2852595/september-may-bring-opportunities-with-these-etfs">that could create opportunities with select inverse ETFs</a>. Add some leverage to the mix and those traders willing to take on some added risk can make this a September to remember (from the downside) with the following ETFs.

ProShares UltraShort FTSE China 25 (NYSE: <a class="ticker" href="/stock/fxp#NYSE">FXP</a>)
First, the risks with FXP and those go beyond the fact that this is a double-leveraged product. There has been rampant talk about <a href="http://www.benzinga.com/news/12/08/2861931/china-stimulus-should-boost-these-etfs">Chinese stimulus</a> and the Peoples' Bank of China could act at any moment to lower interest rates. Either scenario would be damaging to FXP.

On the other hand, it must be noted the iShares FTSE China 25 Index Fund (NYSE: <a class="ticker" href="/stock/fxp#NYSE">FXP</a>), the ETF that FXP is the inverse equivalent of, is in the midst of tailspin. FXI traded above $35 as recently as early August. If support for FXI gives out at $32, FXP will run even more. Chinese equities are cheap on a valuation basis, but have been for months. Investors do not appear to be taking the bait, at least not with FXI and that bolsters the near-term bull case for FXP.

ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>)
The ProShares UltraShort QQQ is another double-leveraged ETF with near-term risk that cannot be overlooked. If Amazon's (NASDAQ: <a class="ticker" href="/stock/amzn#NASDAQ">AMZN</a>) new tablet and Apple's (NASDAQ: <a class="ticker" href="/stock/aapl#NASDAQ">AAPL</a>) latest iPhone, both due to be introduced in the coming days, wow consumers, QID could suffer. Those stocks account for 23.5 percent of the weight of the PowerShares QQQ (NASDAQ: <a class="ticker" href="/stock/qqq#NASDAQ">QQQ</a>), the Nasdaq 100 tracking ETF. QID is the double-leveraged inverse equivalent of QQQ.

Of course, not every new tech gadget thrills consumers and investors. In addition, September is typically a weak month for semiconductor stocks and that is one credible reason to evaluate QID. QID really needs a move above $30 to stoke some fresh buying. 

ProShares UltraShort Silver (NYSE: <a class="ticker" href="/stock/zsl#NYSE">ZSL</a>)
Of the three ETFs highlighted on this list thus far, ZSL is by far the riskiest. An almost 16 percent gain in the past month for the iShares Silver Trust (NYSE: <a class="ticker" href="/stock/slv#NYSE">SLV</a>) underscores the risks involved with betting against volatile silver. Over the same time, ZSL has plunged 27 percent. 

The past three Septembers show no strong trend with SLV. The ETF was basically flat in September 2009, notched a gain in September 2010 and was taken the woodshed last September. In other words, a bet on ZSL right now is bet that SLV is overbought and that is extremely risky. Just because a security is overbought does not mean it is destined to decline. 

The problem with ZSL is it can be seductive. During its last truly bullish move in June, the fund surged from around $57 to almost $75. Not bad for four weeks of work, but traders must know a sequel is not guaranteed.

For more on ETFs, click <a href="http://www.benzinga.com/etfs">here</a>.

Commodities

Intraday Update

AAPL

AMZN

3 Inverse ETFs For September

Here is the ETF Professor's ETF Watch List for Friday August 24, 2012.

Index play of the day: ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

The ETFS Physical PM Basket Shares (NYSE: <a class="ticker" href="/stock/gltr#NYSE">GLTR</a>) is looking good.

Keep an eye on the Direxion Daily Financial Bear 3X Shares (NYSE: <a class="ticker" href="/stock/faz#NYSE">FAZ</a>).

Emerging markets plays of the day: Market Vectors Vietnam ETF (NYSE: <a class="ticker" href="/stock/vnm#NYSE">VNM</a>), ProShares UltraShort FTSE China 25 (NYSE: <a class="ticker" href="/stock/fxp#NYSE">FXP</a>) and the ProShares UltraShort Brazil (NYSE: <a class="ticker" href="/stock/bzq#NYSE">BZQ</a>).

Forex play of the day: ProShares UltraShort Euro (NYSE: <a class="ticker" href="/stock/euo#NYSE">EUO</a>).

Bond play of the day: iShares Barclays 20+ Year Treasury Bond Fund (NYSE: <a class="ticker" href="/stock/tlt#NYSE">TLT</a>).

ETFS Physical Precious Metal Basket Shares

GLTR

iShares Trust Barclays 20+ Year Treasury Bond Fund

ETFs to Watch August 24, 2012 (EUO, FAZ, TLT)

Here is the ETF Professor's ETF Watch List for Thursday August 23, 2012.

The iShares Gold Trust (NYSE: <a class="ticker" href="/stock/iau#NYSE">IAU</a>) impressed on Wednesday.

The ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>) will be worth a look. Keep an eye on the Technology Select Sector SPDR (NYSE: <a class="ticker" href="/stock/xlk#NYSE">XLK</a>).

The Direxion Daily Energy Bear 3X Shares (NYSE: <a class="ticker" href="/stock/ery#NYSE">ERY</a>) looks interesting at these levels.

Emerging markets plays of the day: EGShares Emerging Markets Consumer ETF (NYSE: <a class="ticker" href="/stock/econ#NYSE">ECON</a>), iShares MSCI Poland Investable Market Index Fund (NYSE: <a class="ticker" href="/stock/epol#NYSE">EPOL</a>) and Market Vectors Indonesia ETF (NYSE: <a class="ticker" href="/stock/idx#NYSE">IDX</a>). 

Forex play of the day: ProShares UltraShort Euro (NYSE: <a class="ticker" href="/stock/euo#NYSE">EUO</a>).

Bond play of the day: Vanguard Total Bond Market ETF (NYSE: <a class="ticker" href="/stock/bnd#NYSE">BND</a>).

Emerging Global Shares Dow Jones Emerging Marketsnsumer Titan Index Fund

ECON

iShares MSCI Poland Investable Market Index Fund ETF

EPOL

ETFs to Watch August 23, 2012 (BND, IAU, IDX)

Here is the ETF Professor's ETF Watch List for Thursday August 16, 2012.

The iShares Dow Jones US Telecom Index Fund (NYSE: <a class="ticker" href="/stock/iyz#NYSE">IYZ</a>) is on fire.

The iShares Dow Jones US Energy Index Fund (NYSE: <a class="ticker" href="/stock/iye#NYSE">IYE</a>) looks decent as well.

Worried about tech? Try the ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

Emerging markets plays of the day: iShares MSCI Thailand Investable Market Index Fund (NYSE: <a class="ticker" href="/stock/thd#NYSE">THD</a>), WisdomTree Emerging Markets Equity Income Fund (NYSE: <a class="ticker" href="/stock/dem#NYSE">DEM</a>) and the Market Vectors Russia Small-Cap ETF (NYSE: <a class="ticker" href="/stock/rsxj#NYSE">RSXJ</a>).

Forex play of the day: CurrencyShares Swiss Franc Trust (NYSE: <a class="ticker" href="/stock/fxf#NYSE">FXF</a>).

Bond play of the day: Market Vectors Fallen Angel HY Bond ETF (NYSE: <a class="ticker" href="/stock/angl#NYSE">ANGL</a>).

ANGL

iShares Dow Jones US Energy Sector Index Fund

iShares Dow Jones US Telecommunications Sector Index Fund

RSXJ

iShares MSCI Thailand Investable Market Index Fund

ETFs to Watch August 16, 2012 (FXF, QID, RSXJ)

Here is the ETF Professor's ETF Watch List for Wednesday, July 25, 2012.

Obvious plays of the day: Technology Select Sector SPDR (NYSE: <a class="ticker" href="/stock/xlk#NYSE">XLK</a>), PowerShares QQQ (NASDAQ: <a class="ticker" href="/stock/qqq#NASDAQ">QQQ</a>) and the ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

Keep an eye on the PowerShares DB Agriculture Fund (NYSE: <a class="ticker" href="/stock/dba#NYSE">DBA</a>).

Broad market play of the day: iShares S&amp;P MidCap 400 Growth Index Fund (NYSE: <a class="ticker" href="/stock/ijk#NYSE">IJK</a>).

Emerging markets plays of the day: Direxion Daily China Bear 3X Shares (NYSE: <a class="ticker" href="/stock/yang#NYSE">YANG</a>), Global X FTSE ASEAN 40 ETF (NYSE: <a class="ticker" href="/stock/asea#NYSE">ASEA</a>) and the Market Vectors Egypt Index ETF (NYSE: <a class="ticker" href="/stock/egpt#NYSE">EGPT</a>).

Forex play of the day: ProShares UltraShort Euro (NYSE: <a class="ticker" href="/stock/euo#NYSE">EUO</a>).

Bond play of the day: PIMCO Total Return ETF (NYSE: <a class="ticker" href="/stock/bond#NYSE">BOND</a>).

ASEA

EGPT

YANG

ETFs to Watch July 25, 2012

Here is the ETF Professor's ETF Watch List for Monday July 23, 2012.

Give the iShares Gold Trust (NYSE: <a class="ticker" href="/stock/iau#NYSE">IAU</a>) a look.

The ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>) should be in play this week.

Obvious play of the day: Teucrium Corn Fund (NYSE: <a class="ticker" href="/stock/corn#NYSE">CORN</a>).

Emerging markets plays of the day: ProShares UltraShort Brazil (NYSE: <a class="ticker" href="/stock/bzq#NYSE">BZQ</a>), ProShares UltraShort FTSE China 25 (NYSE: <a class="ticker" href="/stock/fxp#NYSE">FXP</a>) and the iShares MSCI South Korea Index Fund (NYSE: <a class="ticker" href="/stock/ewy#NYSE">EWY</a>).

Forex play of the day: PowerShares DB Dollar Bullish (NYSE: <a class="ticker" href="/stock/uup#NYSE">UUP</a>).

Bond play of the day: ProShares UltraShort 20+ Year Treasury (NYSE: <a class="ticker" href="/stock/tbt#NYSE">TBT</a>).

CORN

ETFs to Watch July 23, 2012 (CORN, TBT, UUP)

Here is the ETF Professor's ETF Watch List for Tuesday June 26, 2012.

More pain is ahead for the iShares MSCI Spain Index Fund (NYSE: <a class="ticker" href="/stock/ewp#NYSE">EWP</a>).

The Market Vectors Junior Gold Miners ETF (NYSE: <a class="ticker" href="/stock/gdx#NYSE">GDX</a>) was a pleasant surprise on Monday.

The ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>) is worth a look here.

Emerging markets plays of the day: Market Vectors Brazil Small-Cap ETF (NYSE: <a class="ticker" href="/stock/brf#NYSE">BRF</a>), Market Vectors Egypt ETF (NYSE: <a class="ticker" href="/stock/egpt#NYSE">EGPT</a>) and the ProShares UltraShort MSCI Emerging Markets (NYSE: <a class="ticker" href="/stock/eev#NYSE">EEV</a>).

Forex play of the day: PowerShares DB Dollar Bullish (NYSE: <a class="ticker" href="/stock/uup#NYSE">UUP</a>).

Bond play of the day: Market Vectors High-Yield Muni ETF (NYSE: <a class="ticker" href="/stock/hyd#NYSE">HYD</a>).

After-Hours Center

ProShares UltraShort MSCI Emerging Markets

Market Vectors High Yield Municipal Index ETF

ETFs to Watch June 26, 2012 (EWP, QID, EEV)

Here is the ETF Professor's ETF Watch List for Friday June 22, 2012.

Give the Global X MLP ETF (NYSE: <a class="ticker" href="/stock/mlpa#NYSE">MLPA</a>) a look.

The ProShares UltraShort Basic Materials (NYSE: <a class="ticker" href="/stock/smn#NYSE">SMN</a>) will be in play as will the ProShares UltraShort MSCI Europe (NYSE: <a class="ticker" href="/stock/epv#NYSE">EPV</a>).

The ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>) merits consideration.

Emerging markets plays of the day: Direxion Daily China Bear 3X Shares (NYSE: <a class="ticker" href="/stock/yang#NYSE">YANG</a>), iShares MSCI Brazil Index Fund (NYSE: <a class="ticker" href="/stock/epi#NYSE">EPI</a>) and the WisdomTree India Earnings ETF (NYSE: <a class="ticker" href="/stock/epi#NYSE">EPI</a>).

Currency play of the day: PowerShares DB Dollar Bullish (NYSE: <a class="ticker" href="/stock/uup#NYSE">UUP</a>).

Bond play of the day: Market Vectors High-Yield Muni ETF (NYSE: <a class="ticker" href="/stock/hyd#NYSE">HYD</a>).

MLPA

ETFs to Watch June 22, 2012 (EPV, HYD, YANG)

Here's a quick look at some of the top performing Nasdaq stocks in May. These stocks all have a market cap of more than $500 million and they all pay a dividend.

OPNET Technologies (NASDAQ: <a class="ticker" href="/stock/opnt#NASDAQ">OPNT</a>) is almost 30% lower year to date, but up more than 10% in the past month. The Bethesda, Md.-based software company beat fiscal fourth-quarter EPS expectations in mid May, sending shares higher. It has a $578.4 million market cap and a dividend yield of 2.3%. The long-term EPS growth forecast is 16.7%. But the stock has underperformed the likes of CA Technologies (NASDAQ: <a class="ticker" href="/stock/ca#NASDAQ">CA</a>) and Compuware (NASDAQ: <a class="ticker" href="/stock/cpwr#NASDAQ">CPWR</a>) over the past six months.

PetSmart (NASDAQ: <a class="ticker" href="/stock/petm#NASDAQ">PETM</a>) shares are trading more than 26% higher year to date, including up more than 10% in the past month. It reached a multiyear high following the recent first-quarter report. The $7.0 billion specialty retailer has a dividend yield is 0.9%. Its long-term EPS growth forecast is 16.1% and its return on equity is 27.9%. The stock has outperformed Walmart (NYSE: <a class="ticker" href="/stock/pcln#NYSE">PCLN</a>) and the broader markets since the beginning of the year.

See also: <a href="http://www.benzinga.com/intraday-update/12/05/2612597/petsmart-up-over-11-on-strong-earnings-and-guidance">PetSmart Up Over 11% on Strong Earnings and Guidance</a>

Raven Industries (NASDAQ: <a class="ticker" href="/stock/ravn#NASDAQ">RAVN</a>) is up more than 9% in the past month and more than 21% in the past six months. The industrial products maker said in May it beat top line and bottom line estimates and its board approved a stock split. The company is based in Sioux Falls, S.D., and has a market cap of $1.2 billion. Its dividend yield is 1.3% and the return on equity is 30.7%. Because of the recent surge, the stock has outperformed the broader markets over the past six months.

Royal Gold (NASDAQ: <a class="ticker" href="/stock/rgld#NASDAQ">RGLD</a>) is trading almost 11% higher than a month ago. Early in May, the Denver-based precious metals royalties company posted its fifth-consecutive quarter of double-digit revenue growth. The $4.0 billion market cap company has a dividend yield of 0.9% and its long-term EPS growth forecast is 10.0%. Because of the recent rise in the share price, the stock has narrowly outperformed the broader markets over the past three months.

Spreadtrum Communications (NASDAQ: <a class="ticker" href="/stock/sprd#NASDAQ">SPRD</a>) is up about 31% in the past month, but still more than 12% lower year to date. This $829.4 million market cap semiconductor maker posted strong first-quarter results early in May. It has a dividend yield of 2.2%, the long-term EPS growth forecast is 17.5% and the return on equity is 48.9%. The stock has outperformed competitors Intel (NASDAQ: <a class="ticker" href="/stock/rbcn#NASDAQ">RBCN</a>) and Texas Instruments (NASDAQ: <a class="ticker" href="/stock/txn#NASDAQ">TXN</a>) over the past three months.

True Religion Apparel (NASDAQ: <a class="ticker" href="/stock/trlg#NASDAQ">TRLG</a>) is more than 12% higher than 90 days ago, but it still has a long way to go to rebound from the plunge in February following an earnings miss. The California-based jeans and sportswear maker has a dividend yield of 2.7% and a long-term EPS growth forecast of 20.0%. Its operating margin is higher than the industry average. The stock has underperformed competitor VF Corp. (NYSE: <a class="ticker" href="/stock/vfc#NYSE">VFC</a>) and the broader markets over the past six months.

See also: <a href="http://www.benzinga.com/analyst-ratings/analyst-color/12/05/2606616/brean-murray-carret-co-true-religion-apparel-continues-t">True Religion Apparel Continues to Take Over the Premium Denim Market</a>

United Fire &amp; Casualty (NASDAQ: <a class="ticker" href="/stock/ufcs#NASDAQ">UFCS</a>) is about 22% higher than a month ago and trading near a 52-week high. Shares of this Cedar Rapids-based insurer surged after it also posted strong first-quarter results. It has a market cap of $535.9 million and a dividend yield of 2.8%. But its P/E and PEG ratios are higher than the industry average. Over the past six months, the stock has underperformed larger competitors AIG (NYSE: <a class="ticker" href="/stock/aig#NYSE">AIG</a>) and Travelers Companies (NYSE: <a class="ticker" href="/stock/trv#NYSE">TRV</a>).

<div id="action-items">ACTION ITEMS:

Bullish: Investors interested in exchange traded funds focused on the Nasdaq 100 might want to consider the following trades:

<ul><li>ProShares UltraPro QQQ (NASDAQ: <a class="ticker" href="/stock/tqqq#NASDAQ">TQQQ</a>) is up about 36% year to date.</li>
<li>ProShares Ultra QQQ (NYSE: <a class="ticker" href="/stock/qld#NYSE">QLD</a>) is up more than 23% year to date.</li>
<li>PowerShares QQQ (NASDAQ: <a class="ticker" href="/stock/qqq#NASDAQ">QQQ</a>) is up almost 12% year to date.</li>
</ul>Bearish: Traders may prefer to consider these alternative positions:

<ul><li>ProShares UltraPro Short QQQ (NASDAQ: <a class="ticker" href="/stock/sqqq#NASDAQ">SQQQ</a>) is about 21% higher in the past month.</li>
<li>ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>) is almost 14% higher in the past month.</li>
<li>ProShares Short QQQ (NYSE: <a class="ticker" href="/stock/psq#NYSE">PSQ</a>) is more than 6% higher in the past month.</li>
</ul>Neither Benzinga nor its staff recommend that you buy, sell, or hold any security. We do not offer investment advice, personalized or otherwise. Benzinga recommends that you conduct your own due diligence and consult a certified financial professional for personalized advice about your financial situation.</div>

Dividends

CPWR

OPNT

PCLN

PETM

RAVN

RBCN

RGLD

SPRD

SQQQ

TQQQ

TRLG

UFCS

PetSmart, True Religion and Other Top Nasdaq Performers in May

Here is the ETF Professor's ETF Watch List for Thursday May 18, 2012.

Obvious play of the day: Global X Social Media Index ETF (Nasdaq: <a class="ticker" href="/stock/socl#Nasdaq">SOCL</a>).

But also keep an eye on the ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

Make the ProShares UltraShort Oil &amp; Gas (NYSE: <a class="ticker" href="/stock/dug#NYSE">DUG</a>) your energy play of the day.

The Consumer Staples Select Sector SPDR (NYSE: <a class="ticker" href="/stock/xlp#NYSE">XLP</a>) did not look well on Thursday.

Emerging markets plays of the day: IShares MSCI Taiwan Index Fund (NYSE: <a class="ticker" href="/stock/ewt#NYSE">EWT</a>), Market Vectors Brazil Small-Cap ETF (NYSE: <a class="ticker" href="/stock/brf#NYSE">BRF</a>) and the Market Vectors Indonesia ETF (NYSE: <a class="ticker" href="/stock/idx#NYSE">IDX</a>).

Forex play of the day: ProShares UltraShort Euro (NYSE: <a class="ticker" href="/stock/euo#NYSE">EUO</a>).

Bond play of the day: SPDR Barclays Capital High Yield Bond (NYSE: <a class="ticker" href="/stock/jnk#NYSE">JNK</a>).

SOCL

ETFs to Watch May 18, 2012 (SOCL, XLP, JNK)

Here is the ETF Professor's ETF Watch List for Friday May 11, 2012.

The Market Vectors Coal ETF (NYSE: <a class="ticker" href="/stock/kol#NYSE">KOL</a>) continues to look weak.

Index play of the day: ProShares UltraShort QQQ (NYSE: <a class="ticker" href="/stock/qid#NYSE">QID</a>).

Light volume play: Market Vectors Unconventional Oil &amp; Gas ETF (NYSE: <a class="ticker" href="/stock/frak#NYSE">FRAK</a>). Also consider the U.S. Natural Gas Fund (NYSE: <a class="ticker" href="/stock/ung#NYSE">UNG</a>).

Emerging markets plays of the day: Market Vectors Vietnam ETF (NYSE: <a class="ticker" href="/stock/vnm#NYSE">VNM</a>), ProShares UltraShort FTSE China 25 (NYSE: <a class="ticker" href="/stock/fxp#NYSE">FXP</a>) and the iShares MSCI Malaysia Index Fund (NYSE: <a class="ticker" href="/stock/ewm#NYSE">EWM</a>).

Forex play of the day: PowerShares DB Dollar Bullish (NYSE: <a class="ticker" href="/stock/uup#NYSE">UUP</a>).

Bond play of the day: WisdomTree Emerging Markets Local Debt ETF (NYSE: <a class="ticker" href="/stock/eld#NYSE">ELD</a>).

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