Natural gas ETF investment strategy idea
June 7th, 2011 richkI published basic info about natural gas ETF and investment idea associated with this commodity ETF.
I published basic info about natural gas ETF and investment idea associated with this commodity ETF.
I just published my current list of ETF shares I monitor, analyze and trade in ETF trading strategies used in our hedge fund.
I have published idea about simple commodity ETF trading strategy I like to use.
I have noticed triple top bearish chart pattern on the chart of AUDUSD exchange rate. It can lead to selling of AUD . This idea could be traded directly on Forex market or using currency ETF FXA.
As we noted in our latest issue of ATWEL Global Macro newsletter, gold and silver are looking weak these days.
I have noticed possible short setup in Gold ETF GLD. I am going to trade it in our ATWEL Global Macro fund.
I noticed nice bullish chart pattern on chart of MLPN ETF. I am now looking for some pullback to prepare new long setup for our fund.
Chart of Chinese ETF FXI is bearish for me. China has huge inflation problem and it has to push brakes hard to cool overheated economy. We now see more opportunities for our fund on different markets as we noted in our global macro newsletter.
Banks ETF – KBE – is weak and presents bearish stock chart pattern. I am looking for good short trade entry in this ETF.
Well to say honestly, I do not know. I only know if such trade has good risk reward ratio to think about it.
But I personally feel that we are close to time to sell US bonds. Bonds are not worth of investment right now. There are stocks which bring more profit then holding government’s bonds. And also why to buy bonds of gov’ts which are so indebted ? Not only US but European too.
We decided to prefer corporate bonds in my fund . One macro theme we monitor is that US corporations are full of cash. And that US corporations are managed much better then individual states. It is much safer to buy their bonds then government’s bonds. And with bigger yield.
Here is chart of US 7-10y bonds ETF:
Stock chart analysis of Japan ETF “EWJ” can offer two possible views. One is that there is nice bearflag and second that we see bounce from 9.50 support level.
It is good to be ready to play both technical scenarios . I will wait till new high will be established above 10 for thinking about longs . I will also wait for breakdown of bearflag for thinking about entering new shorts.