So back on March 5, 2009, I told you all about my purchase of the UYG (Ultra Financials ProShares) ETF at $1.77 a share. Since then, the ETF has rallied to $3.82 a share as of its close today, April 13, 2009. A $100 investment back when I recommended investing would have earned you about $215 for a gain of $115. A $10,000 investment would have earned you about $21,581 for a gain of $11,581. A cool $1,000,000 investment would have presented gains of $1,158,192. This is an ETF that has more than d… Continue

PowerShares DB Crude Oil Dble Long ETN (DXO)

The investment seeks to track the price and yield performance, before fees and expenses, 200% of the daily return of the Deutsche Bank Liquid Commodity index - Optimum Yield Oil Excess Return. The fund allows investors to take a leveraged view on the performance of crude oil. The index is a rules-based index composed of futures contracts on light sweet crude oil (WTI) and is intended to reflect the performance of crude oil.

The financial industry is taking a pounding, so why not buy a financial ETF that is at its all time low?

Ultra Financials ProShares (UYG)

The investment seeks daily investment results, before fees and expenses, which correspond to twice the daily performance of the Dow Jones U.S. Financials index. The fund normally invests 80% of assets in financial instruments with economic characteristics that should be twice the return of the index. It may employ leveraged investment techniques in seeking i… Continue