DislikedCan we trade "Major Indices (weekly)" being a american resident/citizen ?
What is the Sector ETFs ?Ignored
Yes why not. I meant SP500, DJIA, NASDAQ, RUSSEL.
I will trade them through ETF'S (SPY, DIA, QQQQ, IWM respectively)
They are traded almost like stocks (considered equity instruments)
Sector ETF's are those like: XLE, XLF (energy, financials)
Those are cool, for example you can be bullish on all energy products not just oil, so you will go long Energy Sector ETF
Here nice quick info about ETF's in general
http://finance.yahoo.com/etf