Tuesday, May 15, 2012

The PPT, ETF’s, & What Works in June

Front running the month of June, I wanted to look for ETF’s that average over 500k shares daily trading volume and were seasonally strong during June.  I chose ETF’s as these can represent money flow into safety or risk via bonds or specific sectors/industries that represent growth or defense.  Turning to The PPT Screener http://ppt.ibankcoin.com , the following ETF’s were revealed as seasonally strong in June with a high probability of a positive return:
DXD       ProShares UltraShort Dow30
RWM     ProShares Short Russell2000
SDS        ProShares UltraShort S&P500
SH           ProShares Short S&P500
SKF         ProShares UltraShort Financials
SMN      ProShares UltraShort Basic Materials
SRS         ProShares UltraShort Real Estate
TWM     ProShares UltraShort Russell2000
Below is a snapshot of the following symbols.  Keep in mind that these are all bearish and some levered ETF’s screened within The PPT for the historically best performing ETF’s for the month of June.
Looking at the patterns and without external factors of knowing the symbols or current economic conditions, the reader can determine themselves if the charts look bearish or bullish going into June.
(the link above links to the FINVIZ website)

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