Ultra Financials ProShares  (UYG) Trade Now »     Rate UYG  -  Discuss UYG  -  Add to Watch List        

A Fiasco in Financials

Regional Bank Short Index: Stats & Benchmarks

Top 5 Companies by Largest 1-Year Stock Price Decline

After a brief, one-day rally in the financial sector following the Fannie Mae (FNM) and Freddie Mac (FRE) bailout on Sunday, companies such as Lehman Brothers (LEH) and Washington Mutual (WM) have lost over 47% and 57% of their market value, respectively, compared to a 5% loss in the Financial Sector SPDR (XLF) over the last five trading days. In contrast, the UltraShort Financials ProShares ETF (SKF) is up 6% in this ti

Wall Street's top ranked bank analyst, Tom Brown, says, "bank stocks have bottomed." "If you wait for the good news, you'll wait too long," says Brown of Bankstocks.com.

Brown believes many bank stocks are selling at rock bottom prices, calling them "extraordinarily undervalued." Brown thinks we are at the beginning of "the greatest financial stock bull market in our lifetime." He writes, "the bears have things all backwards. By the time their wish list happens, the stocks will be zooming"

If someone offered you an investment that you knew would go down 10% in the short term but with in 2 years would be up over 50% BUT you had to invest right now...would you do it?

I would. UYG is that play. There is very very near the bottom here. All write downs are non-recurring revenue on the balance sheet. Which means not including the mark to market write downs these companies are just as healthy as they were two years. And these financial institutions have had very little trouble raising needed capital. Most of the trouble has been priced into the financial sector already. Time t

If you agree with me that the battered U.S. financial market is at or near the bottom, the ProShares Ultra Financial ETF (AMEX: UYG) offers the dual advantages of one-stop shopping and leverage. It's not an investment for the faint-of-heart, but there is potential for a big capital gain for those who can deal with risk.

The objective of this ETF is to earn returns before expenses and fees that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. As you might expect, this fund has been absolutely hammered as a result of the subprime crisis, the credit crunch, th

No other industry sector is more hated by Wall Street then Financials, for good reason. However at this date, going into a sure half point FED rate cut, the time for the UYG trade is now.

Contains all the top names and moves at 2xs the rate. Buy half now, the other half on any further dips going into the FED rate cut. 

If we dont get the cut, sell the stock. If we do, hang on 20% returns will be yours by Christmas.