"Wind power is a source of energy that is renewable, clean, has a low operating cost and is a technology that's been around for over century," says Ian Cooper.

The small-cap stock specialist and editor of the SC Trading Pit explains, "That's why we're adding a position in First Trust ISE Global Wind Energy ETF (NYSE: FAN), which lets you own 52 wind stocks at once."

"The nice thing about this ETF is that many of the holdings are non-US companies, meaning they're not reliant on news of green energy tax credits. But with the rest of the world investing in wind, we're given wider profit exposure. This is a great way to hold 50 up and coming stocks at $30 a pop.

"As oil prices stay high, the wind power and alternative energy themes are becoming increasingly popular, making the latest exchange-traded fund even more enticing.

"Just recently, the much-anticipated First Trust ISE Global Wind Energy ETF was launched. And not only will investors have an opportunity to profit from companies in the wind energy business, they can profit from companies that will soon enter the space.

E*Trade (NASDAQ: ETFC) "is a high higher-risk trade, so do not bet the house; however, I believe the opportunity is still compelling," says Ian Cooper in Small Cap Trading Pit.

"About 10 insiders are betting heavy that E*Trade Financial will turn itself around this year. The filings are revealed here:

• Hayter, director 4,917 at $4.06
• Layton, director 245,800 at $4.06
• Fisher, director 31,806 at $4.06
• Randall, director 29,500 at $4.06
• Parks, director 24,586 at $4.06
• Raffaeli, director 12,293 at $4.06
• Lilien, acting CEO 7,376 at $4.06
• Weaver, director 68,843 at $4.06
• Brewster, director 24,586 at $4.06
• Willard, director 11,942 at $3.98 and 13,058 at $3.99

"And for them to be buying after a one-month triple digit move speaks volumes on confidence, which may explain the latest surge in option volume. Sure, the stock took a major dive in 2007, but that's because it got itself involved in a business it shouldn't have been in -- subprime.