Market Remarks

Trade Alert For April 30th – Exit One More Nat-Gas Trade

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% gain. It lost only twice in 14 years.

We still have one more trade open for this sector.

ETF Entry Date Entry Apr 29th Close Paper Ret
ERX 24-Jan-14 77.55 106.38 37.2%

 

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