Mondays are all about ETFs here at Abnormal Returns. You can check out last week’s links including a look at the trend toward ever more basketization.

Quote of the Day

“What are leveraged ETFs good for, as far as most investors are concerned? Absolutely nothing. Think of it as speculation cubed.”

(Ben Johnson)

Chart of the Day

Why the rebalancing of the Dorsey Wright Focus 5 ETF ($FV) is a big deal.