Month End Summary - July 2008
I’m glad to be done with July. I finished the month with a realized gain of $595.96, but have a pile of paper losses waiting for a rebound or to be realized when I close my positions. On paper, I lost $4,434.45, but the bright side of that is that I was down around $7,000 briefly. I’m heading in the right direction again, finally. I’m still doing better than all the major indexes for the past year except for the S&P Midcap 400. I have a lot of time value that is available to deteriorate and expect a good August.
…
Original Source: http://feeds.feedburner.com/MyTradersJournal

Goldman Sachs’ economic team recently pulled out their crystal ball to come up with a new world order for the year 2040, and the prognostications could affect exchange traded funds (ETFs) in years to come.
It’s been a volatile year so far for many exchange traded funds (ETFs), and July was no exception. The Dow Jones industrial average finished exactly even. The Nasdaq lost 0.7%, while the S&P 500 fell 1.4% for the month.
As Belgium struggles with an identity crisis among its French and Dutch-speaking citizens, certain exchange traded funds (ETFs) may feel the repercussions of this turmoil.
OK, don’t want to get into politics here. All I’ll say though is if my choice is between Ambassador to Whichever Country She Chooses Kate Beckinsale or Secretary of Health, Human Services and DIABEEETUS Wilfred Brimley, I know who has my vote. Not sure if it will help me lead a BETTER LIFE though, lol….
It probably was no mystery where the money for all the oil was going as rising prices drained pocketbooks and benefited exchange traded funds (ETFs).
As consumers cut back on spending, two exchange traded funds (ETFs) caught in the crossfire could be ones focused in leisure and entertainment, and food and beverage.
Have you been watching this set-up as long as I have? Tech
…
With global carbon trading growing at a quick clip, Asian economies are looking to join in on the action, and exchange traded funds (ETFs) are sure to track this market entry. There is a growing recognition of carbon as a soft commodity that can be traded as carbon credits in the form of other financial products, such as ETFs and derivatives.
The big news yesterday was that markets were able to push higher in spite of the rally in oil. Of course, one data point doesn’t prove that equities and oil have decoupled, but this relationship certainly bears watching.
So as briefing noted, some nice volatility poppage in GDX yesterday. AEM here is one of the more volatile decent-size miners, and we’re seeing options right around 52 week highs. With the stock on the very broken down side….
Microcap exchange traded funds (ETFs) might hold the smallest of small companies, but they can also be capable of big things.