Revisiting the Obama Stocks (ETFs)

President Obama and Wall Street

In late 2008 we put together a list of Bullish Obama inspired ETFs, only one has had a negative performance, that would be the ProShares UltraShort Oil & Gas (ETF) (NYSE:DUG) at -82% all the other ETFs since Nov 28th, 2008 have increased from 35% to 75%, the winner being the ProShares Ultra Financials (ETF) (NYSE:UYG).

ProShares UltraShort Financials Hits New 52-week Low

The SKF - ProShares UltraShort Financials (NYSE:SKF)

The controversial ProShares UltraShort Financials (NYSE:SKF) got down to $84.69 today, a new 52-week low for the ETF, far from the high of $302, so is now the time to buy?

Obama's 'Bad Bank' plan lifts Stocks

President Elect Barack Obama

U.S. banks stocks are up today on reports that the Obama administration may adopt a plan to buy bad assets in the financial system and create a so-called "bad bank" to hold them.

Another Look at the Obama ETFs

Barack Obama

The time is upon us, Obama takes Office tomorrow, so let's review the Obama ETFs and make some money in the market.

Why Short Sector ETFs Aren't So Smart

Investing Ideas (2)

Great article on theStreet.com by Eric Oberg - Given that the double-levered long-side ProShares Ultra Real Estate ETF (URE) was down nearly 80%, one would expect its complement (the ProShares UltraShort Real Estate ETF (SRS)) to be up 80% instead of losing nearly half of its value, given they are based on the exact same index, right?

The Obama ETF's Rally

President Elect Barack Obama (2)

Checking back on the Obama ETF's, some great gains thanks to the U.S. Financials recovering today.  The UYG is up 5.7% this morning.

Huge Gains in the Obama ETF's

President Elect Barack Obama

What a day to be long the Obama ETF's, with the winner being the U.S. Ultra Financials ProShares  (AMEX:UYG) up 30% today, let's review the list.

Forget Obama Stocks, think ETF's

President Elect Barack Obama

President Barack Obama is here to stay and rather than betting on a few companies that will prosper, buy a group of companies by using Exchange-Traded-Funds (ETF's).

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