Stocks For The Dow Going Higher

One way to make money in the stock market is to pay attention to the Dow each week using the DIA exchange traded fund as a reference point. If the Dow is down a few weeks in a row, it is time to buy leveraged ETFs like UDOW, TNA, and ERX because these stocks will quickly rise from the bottom of a general stock market pullback. If you go to Yahoo and call up a chart of DIA and then compare the Dow ETF to these three leveraged ETFs, you will quickly see how you can gain a lot of money by owning the Ultra Dow (UDOW) and the other two at the right time.

TNA is Direxion's 3X bull for small cap stocks, and ERX is Direxion's 3X energy bull involving mostly oil stocks. Not only are these stocks great for coming off the bottom, they also beat most stocks when the general stock market is going higher with a powerful bullish trend. So, you can even be profitable if you are late to the party as long as you don't stay too long. If you find one of these leveraged stocks already up 10%, they could have another 10% to go before they pull back. You could basically figure 20% upside from the low point for placing a profitable sell order. Just be certain to take profits while you are up because these stocks will fall fast in a downturn.