Best ETF For July 2009

This month’s best performing ETF is iPath Dow Jones-AIG Nickel Total Return (symbol JJN), an ETN (Exchange Traded Notes) in fact.

The nickel prices increased significantly during the last couple of months and this helped a lot of the stocks and ETFs exposed to the metal. Commodities prices in general were up during the last few months because investors became more optimistic that the world economy would recover and the demand for commodities would increase again. However, a return of the bear sentiment in the market will certainly take down the nickel and other commodities prices as well. You should have a clear exit strategy in place if you decide to buy this ETN.

Best ETF July 2009


Is it still time to buy JJN today? Click here to find out.

Comments

One Response to “Best ETF For July 2009”

  1. wg on July 8th, 2009 9:27 am

    Commodities seams to be the only asset class with more up potential right now

Got something to say?





  • Recent Comments

    • admin: Tim, if you have to use stops is better to use mental not hard stops.
    • admin: Reza, BarChart offers a good overview of ETFs traded in US including a ETF screener:...
    • Tim McLeer: My stops always seem to get hit. Or Iadjust the stop loss up and it seems to get hit always. I like your...
    • Reza Sadeghi: Dear Sir/Madam I am interested in ETF´s. and I understand there are 1000´s of them. Is there any where...
    • admin: George, you should use stop loss or have a well defined exit strategy.