The Market Vectors Nuclear ETF (NLR) has taken the top position in our weekly sector rankings. The top four holdings in this ETF constitute about 10% each, and the list drops rapidly to holdings of 5% or less.

Reviewing Our Mission

Our weekly ETF Update is designed to assist both investors and traders interested in ETF’s and Sector Rotation. Before turning to the current rankings, let us undertake a review for readers new to this series.

Our Method. In this past article, we described our basic methodology and why we believe the rankings are useful for fundamental traders and technical traders alike. While we urge readers to check out the entire article, the key point is that ETF’s pose challenges and opportunities different from investment in individual stocks. The fundamentals may be more difficult to assess. Even with a good grasp on fundamental trends, there …

Much like I did with Ctrip.com (CTRP) last week [May 2: Cutting Ctrip.com to Almost Nothing] I am going to cut these 3 positions to almost nil; they are small positions at this time as I cut them at lower prices, but the gains (% wise) have been huge, and the stocks are not near any major support. Fundamentals remain strong in all the stocks so there is no change in that area. Further, this does not mean the stocks need to pullback anytime soon but consistent with my strategy, I am simply going to take the last of these gains off the table and wait for meaningful pullbacks, after some staggering moves. These positions are in the 0.5-0.7% range of the portfolio, so I am essentially dropping them to what I call "holding positions" aka tiny positions (0.1% or 0.2%), but not selling them out ...