Michael Bowman PowerShares Dynamic Leisure & Entertainment ETF PEJ-N TOP PICK Sep 21, 2012

(A Top Pick July 17/12 (BNN showed Sept 28/12 in error.-Bill) Up 3.94% but I show Up 3.8%.) Normally they do very well in the summer but this is one didn’t do that much.

(Top Pick Sept 21/12, Up 8.52%)

(A Top Pick Sept 21/12. Up 14.77%.) Still likes. This is a fundamental ETF which means all the companies in it are ranked and rated. Still a Buy. A very conservative play.

(A Top Pick June 22/12. Up 26.4%.) This trade was based on summertime travel.

(Top Pick Jun 22/12, Up 31.76%) Doesn’t look as good this summer. There is only one blockbuster movie, “Superman” which opened today. He is not bullish on the movie companies for the seasonal trade this year. If you want one company, your choice would be Disney.

(A Top Pick September 21/12. Up 32.6%.) Entertainment, hotels, casinos, Carnival Cruise Lines, etc. Expect this will go higher.

This is a whole mix of entertainment and leisure type companies. If we are considering an economic recovery, then consumer discretionary stocks should do very well. This ETF is composed of hotels, restaurants, cruise lines, gaming houses. Has about 30 companies and they are all rebalanced quarterly. They are looked at by management actions, price momentum, earnings momentum and a number of value criteria.