Chapter 1
Some Things Have Changed, but More Has Stayed the Same
Since the publication of our last book in 2008 (Trading ETFs: Gaining an Edge with Technical Analysis), many things have changed in the world of exchange-traded products. Not surprisingly, some of the less popular exchange-traded fund (ETF) families have ceased operations altogether, while a handful of fresh players have stepped in to take their place. In addition to traditional ETFs, investors now have the ability to buy and sell newer offerings known as exchange-traded notes (ETNs) and exchange-traded commodities (ETCs) as well.
Collectively, these three different types of fund offerings are generally referred to as “exchange-traded products (ETPs),” but for the sake of simplicity, ...
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