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).

Oil at $70: Play it with DIG and DUG

Oil Prices

Thanks to BP (NYSE:BP) and falling oil prices, the oil & gas stocks have been under pressure as the ProShares UltraShort Oil & Gas (ETF) (NYSE:DUG) has gained 26% in the last month and the ProShares Ultra Oil & Gas (ETF) (NYSE:DIG) has fallen 23%.  Why pick individual oil stocks when you can bet on a ETF that contains the best in the sector.

DIG vs. DUG: Oil below $50, Again

Oil Prices

Investors are worried about Earnings season, add to it the decreasing global energy demand and oil falls below $50 a barrel today, the ETFs to play are DIG and DUG.

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.

Oil above $50, OPEC, and Russia vs. Europe

Oil Prices

Oil rose above $50 a barrel today as as Kuwait and Qatar indicated they will implement supply cuts announced by OPEC last month.  Then there's that whole thing about Russia cutting natural gas shipments to Europe.

OPEC Agrees to Largest Production Cut Ever

OPEC (Organization of the Petroleum Exporting Countries)

OPEC agreed today to reduce production by 2.2 million barrels a day, the largest cut ever done by OPEC, they are doing everything to prevent oil prices from falling.

World Bank Economist Thoughts and ETFs to Play

Great Depression

If World Bank Economist Hans Timmer is right about oil and food prices to keep falling, then playing a few of the Short ETFs might not be such a bad idea

Good thing we Paid $4+ Gallon for Gas

Gas pump

The average cost of gas per gallon right now, $1.75, the lowest in 5 years, good thing we all freaked out this summer, unbelievable.

Oil to go under $25? Merrill Lynch says it could

Oil- Black Gold

Cheaper crude is here to stay and Merrill Lynch says oil may go below $25 in 2009 if the global recession spills into China.

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.

Syndicate content

WallStNation.comThanks for visiting, to assist your investing research try using our Search (click to access) or review the list of Tickers (click to access) that link directly to articles related to the given stock/security.

To Browse our Most Recent Stories (click here)

Share Content

Share this article with others, is the Independent Wall Street Newspaper. Thanks for Reading!

Daily Market Summary

Please Review the Disclaimer and remember that information provided by our site is at the investor's sole financial risk. Please Review for more Details