Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Live Updating

OilStockReport Free

11/17/10 7:54 PM

Post #2

Re: #1: @OilStockReport - For those who haven’t been following their development,

Bounce confirmation today off the energy sector slide. Next flip might be $21 or $22.

OilStockReport Free

10/30/10 12:21 PM

Post #1

For those who haven’t been following their development, PowerShares takes a unique approach to ETFs. Whereas other ETFs track broad-based indices like the S&P 500 that attempt to reflect the composition of the overall market, PowerShares track their own set of proprietary indices that implement stock screens. The indexes are rebalanced relatively frequently to overweight the stocks that Powershares believes will outperform the market, and underweight those that it thinks will lag. In this way, PowerShares represent an investment in a stock screen / trading strategy, rather than in a sector or the market as a whole. However, since PowerShares are still technically “index” funds, the SEC allows them to be implemented using the typical ETF structure and they enjoy many of the same advantages as conventional ETFs.

PowerShares Dynamic Oil (PXJ)

Followers	0	Posters	1
Posts (Today)	0	Posts (Total)	2
Created	10/30/10	Type	Free
Moderators

The PowerShares Oil & Gas Services Portfolio (Fund) is based on the Oil & Gas Services Intellidex Index (Index). The Fund will normally invest at least 90% of its total assets in common stocks that comprise the Index. The Index thoroughly evaluates companies based on a variety of investment merit criteria, including fundamental growth, stock valuation, investment timeliness and risk factors. Securities shown to possess the greatest capital appreciation potential are selected by the Index.