I will primarily be looking to the biggest, most liquid names at the outset. They have the potential to provide some big returns in a short amount of time. However, some oversold juniors are on the table as well. Keep in mind the following:
- None of these may be right for your portfolio. Consult your financial advisor.
- I may sit in some of these positions for 30 minutes to 30 days.
- I don't yet know what price, if any, I will be acquiring any positions
- I set stop losses to minimize risk and take losses I can accept.
- The world's economic problems have not been solved.
With that in mind, here are some ideas:
-
FAS - The 3X Financial Bull. It will gap open but has plenty of room to run
-
TNA - The 3X Small Cap Bull. Same idea.
- ** Both FAS and TNA sitting near-term tops. Opens could test those tops.
- ** 3X ETF's are lucrative and dangerous. Set Stops.
-
JJC - Copper ETF that should benefit on short-term "world is saved" rally
-
NBG - National Bank of Greece isn't one of the biggest names but it will benefit and I'm looking to take advantage of investors going after Tier-1 Financials first
-
Junior Tech Stocks - Intertainment and Poynt are my favourites
Just some ideas right now. More specifics to come when market opens