ETF Winners - Q3, Month and YTD

Month Winners >10%
Symbol	Name	3M-Avg Vol	%Chg
EWZ	iShares MSCI Brazil Index	13,173,100	24.92%
EEB	Claymore/BNY BRIC	317,178	23.41%
FXI	iShares FTSE/Xinhua China 25 Index	3,276,710	23.27%
GDX	Market Vectors Gold Miners ETF	1,696,270	23.27%
PGJ	PowerShares Gldn Dragon USX China	771,252	23.10%
SLX	Market Vectors Steel ETF	117,826	23.06%
BIK	SPDR S&P BRIC 40	133,128	20.54%
INP	iPath MSCI India Index ETN	625,455	18.56%
ILF	iShares S&P Latin America 40 Index	470,223	17.34%
EWA	iShares MSCI Australia Index	1,674,190	17.15%
EPP	iShares MSCI Pacific ex-Japan	290,397	16.71%
SLV	iShares Silver Trust	391,625	16.71%
ADRE	BLDRS Emerging Markets 50 ADR	275,549	16.68%
EWH	iShares MSCI Hong Kong Index	4,704,510	15.98%
EEM	iShares MSCI Emerging MktsIndex	15,225,100	14.43%
VWO	Vanguard Emerging Markets Stock	560,638	13.24%
EWS	iShares MSCI Singapore Index	3,516,790	13.17%
USO	United States Oil	2,607,820	13.12%
XME	SPDR S&P Metals & Mining	429,386	12.80%
RSX	Market Vectors Russia ETF	122,457	12.66%
HHH	Internet HOLDRs	167,025	12.58%
QLD	Ultra QQQ ProShares	2,038,530	12.19%
IAU	iShares COMEX Gold Trust	152,086	11.80%
GLD	streetTRACKS Gold Shares	6,274,600	11.73%
EWC	iShares MSCI Canada Index	781,174	11.25%
PBW	PowerShares WilderHill Clean Energy	621,940	10.90%
XOP	SPDR S&P Oil & Gas Explor & Prod	229,237	10.71%
GSG	iShares S&P GSCI Commodity-Trust	100,260	10.42%
IEO	iShares Dow Jones US Oil & Gas Ex	120,120	10.42%
Q3 Winners >10%
Symbol	Name	3M-Avg Vol	Qtr%
FXI	iShares FTSE/Xinhua China 25 Index	3,276,710	39.55%
PGJ	PowerShares Gldn Dragon USX China	771,252	31.19%
BIK	SPDR S&P BRIC 40	133,128	26.42%
EEB	Claymore/BNY BRIC	317,178	26.25%
SLX	Market Vectors Steel ETF	117,826	22.31%
EWH	iShares MSCI Hong Kong Index	4,704,510	22.08%
EWZ	iShares MSCI Brazil Index	13,173,100	21.78%
INP	iPath MSCI India Index ETN	625,455	21.37%
GDX	Market Vectors Gold Miners ETF	1,696,270	21.26%
USO	United States Oil	2,607,820	20.86%
ADRE	BLDRS Emerging Mkts 50 ADR Index	275,549	16.63%
GLD	streetTRACKS Gold Shares	6,274,600	15.47%
IAU	iShares COMEX Gold Trust	152,086	15.41%
QLD	Ultra QQQ ProShares	2,038,530	14.51%
EPP	iShares MSCI Pacific ex-Japan	290,397	14.18%
ILF	iShares S&P Latin America 40 Index	470,223	13.99%
EEM	iShares MSCI Emerging Mkts Index	15,225,100	13.96%
VWO	Vanguard Emerging Markets Stock	560,638	13.84%
EWA	iShares MSCI Australia Index	1,674,190	13.46%
XBI	SPDR S&P Biotech	119,115	13.16%
EWY	iShares MSCI South Korea Index	2,623,350	12.96%
RSX	Market Vectors Russia ETF	122,457	12.94%
GSG	iShares S&P GSCI Commodity-Trust	100,260	12.61%
DBA	PowerShares DB Agriculture	285,325	12.16%
SLV	iShares Silver Trust	391,625	11.83%
EWC	iShares MSCI Canada Index	781,174	11.21%
PBW	PowerShares WilderHill Clean Energy	621,940	10.69%
PPA	PowerShares Aerospace & Defense	230,388	10.64%
YTD Winners > 20%
Symbol	Name	3M-Avg Vol	YTD%
SLX	Market Vectors Steel ETF	117,826	78.68%
EWZ	iShares MSCI Brazil Index	13,173,100	58.65%
FXI	iShares FTSE/Xinhua China 25 Index	3,276,710	54.64%
PGJ	PowerShares Gldn Dragon USX China	771,252	51.75%
EEB	Claymore/BNY BRIC	317,178	50.61%
PXJ	PowerShares Dynamic Oil & Gas Svcs	255,240	45.16%
OIH	Oil Services HOLDRs	9,208,560	43.79%
ILF	iShares S&P Latin America 40 Index	470,223	41.29%
EWY	iShares MSCI South Korea Index	2,623,350	39.65%
INP	iPath MSCI India Index ETN	625,455	37.48%
EWA	iShares MSCI Australia Index	1,674,190	35.31%
ADRE	BLDRS Emerging Mkts 50 ADR Index	275,549	35.17%
XME	SPDR S&P Metals & Mining	429,386	33.66%
PBW	PowerShares WilderHill Clean Energy	621,940	33.31%
VWO	Vanguard Emerging Markets Stock	560,638	33.22%
IYE	iShares Dow Jones US Energy	134,125	33.06%
QLD	Ultra QQQ ProShares	2,038,530	32.82%
EPP	iShares MSCI Pacific ex-Japan	290,397	32.69%
EWC	iShares MSCI Canada Index	781,174	32.51%
XLE	Energy Select Sector SPDR	23,422,200	32.45%
SRS	UltraShort Real Estate ProShares	556,683	30.77%
EEM	iShares MSCI Emerging Mkts Index	15,225,100	29.80%
EWS	iShares MSCI Singapore Index	3,516,790	29.65%
EWH	iShares MSCI Hong Kong Index	4,704,510	29.33%
IEO	iShares Dow Jones US Oil & Gas Ex	120,120	28.72%
XOP	SPDR S&P Oil & Gas Explor & Prod	229,237	28.46%
EWM	iShares MSCI Malaysia Index	2,907,380	27.96%
EWG	iShares MSCI Germany Index	1,520,550	27.37%
PPA	PowerShares Aerospace & Defense	230,388	27.20%
XBI	SPDR S&P Biotech	119,115	27.00%
USO	United States Oil	2,607,820	26.92%
BIK	SPDR S&P BRIC 40	133,128	26.68%
IYM	iShares Dow Jones US Basic Materials	274,828	26.56%
PWJ	PowerShares Dyn Mid Cap Growth	167,723	24.65%
HHH	Internet HOLDRs	167,025	24.39%
GSG	iShares S&P GSCI Commodity Trust	100,260	22.88%
XLB	Materials Select Sector SPDR	8,196,020	21.70%
EWN	iShares MSCI Netherlands Index	107,274	21.36%

Market Summary 9-28-07

Index	Last	Change	% Chg
DJ Industrials	13895.63	-17.31	-0.12%
Nasdaq	2701.5	-8.09	-0.30%
S&P 500	1526.75	-4.63	-0.30%
DJ Wilshire 5000	15362.02	-49.4	-0.32%
Russell 2000	805.45	-8.56	-1.05%
Nasdaq 100	2091.11	-5.28	-0.25%
Issues	NYSE	Nasdaq	Amex
Advances	1,487	1,213	581
Declines	1,831	1,773	608
Unchanged	96	114	111
New Highs	173	107	77
New Lows	43	66	17
Commodity	Last
Oil	81.66
Gold	742.8

ETF Performance Map 9-28-07

Look at these week over week (5D) winners:
EWZ (Brazil) & FXI (china) both up nearly 7%
EEB (BRIC) up 7.4%
EWJ (Japan) up almost 4%
EWA (Australia) up 5.2%
QQQQ up 2%

Day's Biggest Price % Gainers with Vol >1M

Ticker %Chg Volume
GDX 2.3% 1,849,150
TWM 2.3% 3,289,310
GLD 1.1% 6,856,000

Gold and shorting the Russell 2K were the only significant gainers! What a weak day. I totally missed it thanks to IBS. Ugh...for those who know the suffering!

And...the biggest high volume losers:

Ticker	%Chg	Volume
XLU	-1.56%	3,528,800
USO	-1.40%	2,675,700
KRE	-1.39%	1,274,700
EWZ	-1.38%	9,408,712
IWO	-1.37%	4,056,700
OIH	-1.26%	7,215,900
EWY	-1.22%	2,149,700
IWM	-1.19%	86,533,000
PGJ	-1.16%	1,151,188
FXI	-1.15%	4,367,839
IJR	-1.09%	2,149,400
XHB	-1.02%	1,357,500

OIH - Week in Review

Still holding above July 23 high, but starting downtrend on
week over week basis. Will it break support of $188 next week?
Seasonal trend also indicates this possibility.

Oil price dropped on Friday, hence drop in OIH of 2%.
A survey of analysts on Bloomberg TV shows 79%
are forecasting lower oil next week.

ETFs Volume >1M

Ticker	Volume	Vol-3M Avg	%Chg
SPY	133,366,985	209,049,000	-36%
IWM	90,417,200	111,148,000	-19%
QQQQ	75,434,544	136,976,000	-45%
XLF	30,769,600	59,904,800	-49%
EWJ	20,094,285	22,208,600	-10%
QID	17,566,050	25,876,600	-32%
XLE	17,413,000	23,518,900	-26%
EFA	12,619,204	7,368,590	71%
EEM	12,409,101	15,201,900	-18%
DIA	10,128,500	17,471,700	-42%
EWZ	10,059,212	13,131,800	-23%
EWT	8,843,638	9,434,130	-6%
GLD	8,837,600	6,210,780	42%
SMH	8,252,700	11,784,800	-30%
SDS	7,464,792	13,859,400	-46%
OIH	7,228,600	9,289,460	-22%
EWH	5,869,760	4,688,740	25%
IYR	5,388,900	7,371,450	-27%
XLB	5,385,621	8,246,460	-35%
FXI	4,472,139	3,244,660	38%
MDY	4,083,752	6,576,000	-38%
IWO	4,064,100	4,016,730	1%
XLU	3,540,100	8,480,500	-58%
IWF	3,538,600	2,294,050	54%
TWM	3,294,010	2,776,720	19%
XLI	3,124,626	5,306,770	-41%
EWS	3,003,429	3,525,480	-15%
RTH	2,709,900	5,438,400	-50%
USO	2,677,700	2,640,890	1%
EWC	2,657,890	758,095	251%
XLK	2,653,600	2,821,470	-6%
EWM	2,541,295	2,906,630	-13%
XLY	2,483,500	3,652,010	-32%
IWN	2,468,400	2,608,380	-5%
EWW	2,366,825	3,787,720	-38%
IJR	2,155,600	1,940,440	11%
EWY	2,154,700	2,610,130	-17%
GDX	1,852,950	1,687,040	10%
XRT	1,707,600	1,702,800	0%
IBB	1,670,000	1,562,620	7%
IVV	1,550,800	3,021,800	-49%
QLD	1,413,770	2,040,820	-31%
DXD	1,375,562	3,435,110	-60%
XHB	1,314,300	5,181,790	-75%
KRE	1,284,200	1,397,140	-8%
TLT	1,254,645	2,179,060	-42%
UNG	1,191,320	1,308,100	-9%
IWD	1,175,800	1,718,600	-32%
PGJ	1,152,388	761,409	51%
OEF	1,088,480	1,763,310	-38%
XLV	1,069,200	2,018,100	-47%
EWA	1,049,900	1,677,740	-37%
EWG	1,047,400	1,521,720	-31%

Day's Biggest Price % Gainers with Vol >1M

Symbol	% Chg	Volume
FXI	3.4%	3,845,866
PGJ	2.8%	1,359,341
USO	2.8%	2,836,000
EWZ	2.6%	9,869,416
BIK	2.6%	1,044,000
EWJ	2.3%	21,729,510
EWT	2.2%	9,018,541
EWS	2.1%	4,674,554

Theme: Asiam emerging markets (FXI, EWM, EWS, PGJ), BRIC countries (BIK, EWZ) and Oil/Gas (USO). OIH not listed above came in at 1.87% gain on day.

Other Gainers with Less than 1M share volume of note:
DBA (agriculture commodities) 3.06%
XME (metals & mining) 2.35%
SLX (steel) 2.23%

FXI Gaps Up Again and Keeps Running

I was foolish to get squeezed out of my short position earlier today (see 11:15am plunge)...but I was even more foolish for missing this nice long $3 run up this afternoon that started at 1pm and ran all the ay until 3pm. I could have made up for my earlier loss and some!

Lots of people are getting burned trying to short FXI, but at these levels and the "dot com" feel of many China stocks I have a feeling it won't be long before FXI takes a reverse direction. But at this point I am not ready to make that call. Burned once, not burned twice!!

ETF Performance Map 9-27-07

(click for larger image)

Look at some of the HUGE gains in the past 5 days and month!
This entire screen is nearly all GREEN.

MILLION DOLLAR QUESTION: Are we topping or going higher?

Market Summary: 9-27-07

Index	Last	Change	% Chg
DJ Industrials	13912.94	34.79	0.25
Nasdaq	2709.59	10.56	0.39
S&P 500	1531.38	5.96	0.39
DJ Wilshire 5000	15411.42	73.39	0.48
Russell 2000	814.01	4.89	0.6
Nasdaq 100	2096.39	8.01	0.38
Issues	NYSE	Nasdaq	Amex
Advances	2,216	1,727	815
Declines	1,079	1,231	375
Unchanged	101	117	100
New Highs	205	118	82
New Lows	46	68	19
Commodity	Last	Change
Crude Oil	82.99	2.69
Natural Gas	6.924	-0.122
Gold, Dec.	741.1	5.6

ETFs Volume >1M

Ticker	Volume	Vol-3M Avg	% Chg
SPY	102,453,974	210,523,000	-51%
QQQQ	72,887,998	137,822,000	-47%
IWM	63,030,000	111,581,000	-44%
XLF	30,744,252	59,812,200	-49%
EWJ	26,513,710	22,042,300	20%
QID	16,162,211	26,016,600	-38%
XLE	12,592,038	23,722,400	-47%
EWZ	10,955,616	13,086,700	-16%
EEM	10,923,879	15,185,800	-28%
EWT	9,778,141	9,404,170	4%
SDS	9,428,681	13,834,300	-32%
DIA	8,947,600	17,666,800	-49%
IWO	7,813,400	3,952,370	98%
SMH	6,449,200	11,856,300	-46%
EFA	6,046,533	7,404,150	-18%
OIH	5,848,200	9,366,300	-38%
GLD	5,727,300	6,249,980	-8%
XLU	5,472,600	8,591,950	-36%
EWS	5,423,554	3,480,190	56%
XLB	5,244,400	8,312,600	-37%
XHB	5,144,200	5,173,970	-1%
EWH	5,083,072	4,652,250	9%
FXI	3,866,266	3,228,720	20%
RTH	3,804,400	5,452,710	-30%
EWA	3,716,250	1,635,540	127%
XLI	3,595,800	5,361,690	-33%
MDY	3,574,900	6,607,530	-46%
IYR	3,161,200	7,437,900	-57%
XLY	3,110,300	3,754,160	-17%
IVV	2,963,000	3,031,790	-2%
USO	2,837,200	2,659,130	7%
EWM	2,751,500	2,896,500	-5%
XLK	2,703,800	2,811,920	-4%
EWW	2,622,500	3,800,730	-31%
IWN	2,480,900	2,594,970	-4%
UNG	2,409,843	1,272,780	89%
TWM	2,110,800	2,767,900	-24%
GDX	1,997,350	1,676,670	19%
EWY	1,815,275	2,615,010	-31%
IWD	1,807,600	1,726,230	5%
XRT	1,804,900	1,696,770	6%
IWF	1,801,200	2,311,430	-22%
TLT	1,792,900	2,184,990	-18%
EWG	1,634,900	1,509,060	8%
IBB	1,461,200	1,573,910	-7%
XLP	1,408,500	2,099,090	-33%
PGJ	1,359,441	745,446	82%
DXD	1,326,892	3,471,620	-62%
IJR	1,219,100	1,933,290	-37%
QLD	1,114,861	2,048,540	-46%
BIK	1,044,000	115,174	806%

Comments:
Volume on the SPY and Q's have been way below their 3 month average. Also their volume has been falling as the week has progressed. This is not a good sign. Is the falling volume and below average volume signaling a possible correction?

Stupid Trade - FXI

FXI gapped up today by almost $3 and as it approached $180 I felt it was way overbought.

So I sold 300 shares FXI short at $179.75 on the thought that the gap up would get filled. My target was $179.

I was somewhat correct in my thinking...but I panicked when the FXI shot up to over$180.50 in the next 9 minutes. I got out at the WORST price possible, $180.65. LOSING $270

If I had been patient and let the trade develop this trade quickly turned into a GAIN by 11:30am. At 11:15am the trade had already come off the high ($180.65) and turned down FAST. If I had waited 12 more minutes I would have hit my target!

LESSONS LEARNED:
1. I should have placed a stop at $180 to limit my loss to $75
2. I could have been more patient and let the trade develop, turning the loss into a gain. My instinct was correct, I just needed to let it play out.
3. This was clearly a short squeeze by the big players. I got caught in it and I panicked.
4. I made a contribution to my trading tuition. :-(

UPDATE:
To add insult to injury my computer crashed as I was making this blog entry. WTF!!

Plays of the Day

From my earlier post. You need to be an agile and quick trader to catch FXI today.
Not me unfortunately.

Look at the volume spike, that was the key on EWZ.

Oil trend is lower I believe. Watch for more short opportunities.

I caught part of this move today, but less than I would have liked. Tech is riding strong this week, but could be setting up for a reversal. Two options, short QLD or long QID.

TRADE SIZE:
I try to keep my position size below a maximum of $50K per trade, which would restrict my maximum share size as follows:
FXI = 300 shares
EWZ = 500 shares
OIH = 300 shares
QLD = 500 shares

Had I executed all these trades with the gains given, my profits would have been:
FXI = $1,440
EWZ = $500
OIH = $1,800
QLD = $1,000
TOTAL = $4,740

If only it were so easy...

ETFs Volume >1M

Ticker	Volume	Vol-3M Avg	% Chg
SPY	135,588,854	210,523,000	-36%
QQQQ	96,124,510	137,822,000	-30%
IWM	65,425,264	111,581,000	-41%
XLF	52,912,557	59,812,200	-12%
QID	25,683,956	26,016,600	-1%
XLE	20,665,972	23,722,400	-13%
EWJ	20,081,383	22,042,300	-9%
SDS	12,396,564	13,834,300	-10%
EWZ	10,190,876	13,086,700	-22%
OIH	9,595,500	9,366,300	2%
EWT	9,539,711	9,404,170	1%
GLD	9,419,200	6,249,980	51%
EEM	9,182,002	15,185,800	-40%
DIA	8,384,400	17,666,800	-53%
XLI	7,758,200	5,361,690	45%
SMH	7,369,600	11,856,300	-38%
XLB	7,027,528	8,312,600	-15%
XLY	6,648,800	3,754,160	77%
EFA	5,547,027	7,404,150	-25%
EWA	4,942,461	1,635,540	202%
XLU	4,882,146	8,591,950	-43%
EWH	4,511,568	4,652,250	-3%
IWO	4,382,900	3,952,370	11%
IYR	4,204,148	7,437,900	-43%
EWC	4,177,700	758,265	451%
RTH	4,139,700	5,452,710	-24%
XLK	3,881,800	2,811,920	38%
MDY	3,843,400	6,607,530	-42%
GDX	3,632,800	1,676,670	117%
FXI	3,272,719	3,228,720	1%
TWM	3,270,685	2,767,900	18%
USO	3,261,600	2,659,130	23%
XHB	3,229,016	5,173,970	-38%
IVV	3,038,400	3,031,790	0%
EWS	3,002,356	3,480,190	-14%
IWF	2,952,500	2,311,430	28%
XLP	2,808,800	2,099,090	34%
TLT	2,646,389	2,184,990	21%
OEF	2,288,100	1,777,280	29%
IWN	2,216,500	2,594,970	-15%
EWW	2,167,980	3,800,730	-43%
DXD	2,051,128	3,471,620	-41%
PGJ	1,853,897	745,446	149%
EWY	1,695,145	2,615,010	-35%
QLD	1,561,279	2,048,540	-24%
EWM	1,530,440	2,896,500	-47%
IWB	1,493,900	597,985	150%
KRE	1,352,600	1,406,800	-4%
XRT	1,287,000	1,696,770	-24%
IJR	1,170,700	1,933,290	-39%
IWD	1,136,700	1,726,230	-34%
UNG	1,123,867	1,272,780	-12%
IAI	1,050,200	2,387,550	-56%