THE MONOPOLY ETF INDEX is non-cap weighed and follows financial companies - regional, nation, and international banks and investment companies. It is comprised of IYG (Dow Jones US Financials), KRE and KBE (KBW Banking Indexes), KCE (KBW Capital Markets), PGF (ProShares Financials Preffered), and IYF (Dow Jones US Financial Sector). The ETFs were picked for minimal correlation. The INDEX itself is used to calibrate the Neural Network which generates trading signals for each of the INDEX's components.
MARKET NEWS
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5 hours ago The Senate Banking Committee chairman plans to offer his own financial regulation bill without GOP support after a month of talks with Republican Sen. Bob Corker found some common ground but didn't yield agreement on consumer protections and other sticking points. 5 hours ago March 11 (Bloomberg) Senate Banking Committee Chairman Christopher Dodd said he will release his version of legislation to overhaul financial rules, signaling that talks on a compromise with Republican Bob Corker have collapsed. 5 hours ago Senator Christopher Dodd said on Thursday that he will present on Monday his own version of a financial reform bill after compromise talks with Senate Republicans broke down. 5 hours ago March 11 (Bloomberg) Thanachart Bank Pcl , a Thai lender partly owned by Canadas Bank of Nova Scotia , will pay about C$2.2 billion ($2.14 billion) for Siam City Bank Pcl in a two- step purchase to become Thailands fifth-biggest bank. 5 hours ago March 11 (Bloomberg) Argentinas opposition-controlled senate today will vote to oust central bank President Mercedes Marco del Pont for transferring $6.6 billion of reserves to the Treasury, said opposition Senator Sonia Escudero. |
Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice.
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