As I had mentioned in the last week's review that I would like to test this strategy during a market pullback. This week provided an opportunity to test it out.
Our top ETF last week were Top 5 ETF last week were***********************************ETF Weekly gain***********************************1. AGQ - (8.35)%2. SGG - 4.76%3. CZM - (3.97)%4. DAG - 0.60%5. LBJ - (-5.46)%
This gave us a cumulative return of -2.48% on investing $1000 in each of these ETF monday morning.The return on Market Proxy SPY (mimics SP-500) was also low 0.60%.
We closed all this ETF due to Market conditions and bearish patterns that I had pointed out during Thursday PostMy return was 0.17% as I moved quickly to close the positions.
This also shows some kind of weakness as the Experts at the trading desk were not able to pull rabbits (profits) out as they do in bull markets.
As I had mentioned in the last week's review that I would like to test this strategy during a market pullback. This week provided an opportunity to test it out.
Our top ETF last week were
Top 5 ETF last week were
***********************************
ETF Weekly gain
Weekly ETF
I dont plan on holding anything this week till Market tilts one way or other.
I will post if I decide to buy any ETF
However the TOP ETF for this weeks are
These are the top ETF to hold this week
1. AGQ
2. CZM
3. ERX
4. LBJ
5. TNA
We will track these top ETF again next week.
Some of the stocks of interest this upcoming week
ANTP -
VHC
AUMN
HSFT
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