01/04 – ETF Trading – IWM, UWM

Good morning and Happy New Year!

For this first trading day of the new year, put IWM on your etf watch list. Take an initial position should IWM move lower today. For a leveraged trade on IWM, consider UWM. All trades are at the market close. Please trade responsibly!

iShares Russell 2000 Index Fund – IWM – seeks investment results that correspond generally to the price and yield performance of the Russell 2000 Index (the Index).

ProShares Ultra Russell2000 – UWM – seeks daily investment results that correspond to twice (200%) the daily performance of the Russell 2000 Index (the Index).

Join me every day as I offer new etf trading ideas for you to follow.

Disclaimer:The content on this site is provided as general information only and should not be taken as investment advice. All site content, including advertisements, shall not be construed as a recommendation to buy or sell any security or financial instrument, or to participate in any particular trading or investment strategy. The ideas expressed on this site are solely the opinions of the author(s) and do not necessarily represent the opinions of sponsors or firms affiliated with the author(s). The author may or may not have a position in any company or advertiser referenced above. Any action that you take as a result of information, analysis, or advertisement on this site is ultimately your responsibility. Consult your investment adviser before making any investment decisions.

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