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…
Many trades kicked in at the close of March 4th. Utility Sector Trades This is a favorable time-period for going long in Utility sector. On Feb 28th, we had sent an alert for entry signals in XLU and IDU. Now one more entry signal is initiated. Go long FXU – First Trust Utilities AlphaDEX ETF – at or near 21.42…
The seasonal tendencies within the Utility sector quite demonstrably show the upward bias between late Feb and early May time period. We have applied our proprietary algorithm to generate favorable entry and exit signals for a variety of sector ETFs and the results are pretty good. Since 2000, our strategy has produced 40 trades with a winning…