The Natural-Gas / Energy trades are shaping up pretty well this year. So far we have banked profits in four trades (here and here). Now is the time exit one more. Exit XLE – Energy Select Sector SPDR ETF – at or around 93.82, the close on April 29th XLE was entered on Jan 24th at 84.33 and resulted in 11.3%…
The favorable period for Utility sector is coming to a close and April 28th closing price has given the exit signal for the last ETF trade. Exit FXU – First Trust Utilities AlphaDEX – at or around 22.80, the close on April 28th FXU was entered in early March at 21.42 and resulted in 6.4% gain in 55 days. This closes all trades for…
Energy / Nat Gas Trades The closing prices on April 25th tell that it is time to get out of some more Energy / Nat-Gas seasonal trades that we put on in late January. Exit XES – S&P Oil & Gas Equipment & Services ETF – at or around April 25th close of 46.76 Exit PXJ – PowerShares Dynamic Oil & Gas Services ETF…
In 2012, Ben Jacobsen, Professor of Finance, Massey University of New Zealand and Cherry Yi Zhang, Professor at Nottingham University Business School, China, published a paper, Are Monthly Seasonals Reals?, analyzing 300 years of UK stock market data. Their conclusion was that a good case could be made for monthly seasonal anomalies in the stock market returns. The professors analyzed…
The closing prices on April 24th tell that it is time to get out of some of the Energy / Nat-Gas seasonal trades that we put on in late January. Exit PXI – PowerShares DWA Energy Momentum Portfolio ETF – at or around 60.90, the close on April 24th Exit OIH – Oil Services ETF – at or…
The week started with the continuation of US market’s momentum from Friday March 28th higher close. The final day of the first quarter demonstrated classic mutual/hedge fund window dressing activities and the month ended on a high note. The market got a boost from Chairwoman Yellen on Monday March 31st, when she said that the…
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