Stealth Rally is Here (DIG, XLB, UYG)
Submitted by Stockmaster3 on Fri, 09/07/2012 - 20:29
Embrace the ProShares Ultra Oil & Gas ETF (DIG), Materials Select Sector SPDR (XLB), and the good ol' ProShares Ultra Financials ETF (UYG). Thank you BusinessInsider.com for writing what the Masters were thinking 'Today's Flat Market Is Way More Bullish Than You Realize'. They point to Basic Materials, Oil & Gas, and Financials leading the charge.
Forget buying the stocks of those sectors and look to the ETFs that basket the stocks together. ETFs Weapons of Choice are the following tickers:
Oil & Gas: DIG, IEZ, XES
Basic Materials: XLB, IYM, DBN
Financials: UYG, VFH, IXG
There are plenty more you can find so do you research and find the ETF that contains your favorite oil & gas, materials, and financial stocks.
Read more about why the bulls could run at BusinessInsider.com.
3 ETFs for a Stealth Rally (DIG, XLB, UYG)
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