The UYG is Going to the Intergalactic Kegger
The ProShares Ultra Financials (ETF)(Public, NYSE:UYG) gained $1 today or 20% to $6.15 a share, and the trend should continue tomorrow, its a party, and everyone is invited.
Anything related to the finance sector took off the moon today thanks to the Fed and lowering rates to effectively Zero for Banks.
Your best play, forget stock picking, go for the whole sector with the The ProShares Ultra Financials (ETF)(Public, NYSE:UYG). Financials will remain in focus on Wednesday in the wake of the Fed's historic decision.
Or risk it all on the FINANCIAL BULL 3X (Public, NYSE:FAS) but use caution, should sellers start cashing out, the FAS will drop like a rock.
Now, back to the Intergalactic Kegger
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