Tuesday, April 09, 2019 2:36:09 PM
Leveraging and Comparing Next Week’s ETF Picks
So far this year, we have seen remarkable gains by Bounce Lag Momentum picks, by leveraged Dow 30 picks, and now we will look at gains possible through exchange-traded ultra funds (ETFs). If we are looking for quarterly gains in excess of 100%, it does not appear to me that we can reach that goal without some form of leveraging. Let’s compare what we have seen to be possible in the first quarter of 2019. The following table reports the best results by the BLM method, the Dow 30 method, and by using Ultra ETFs.
The implication of the above table is that ultra ETFs probably provide the greatest return for the least hassle. Based on this information, my ETF picks for next week are the Direxion Daily S&P Biotech Bull 3X Shares ETF (LABU), the VelocityShares 3x Long Crude ETN (UWT), the ProShares UltraPro 3x Crude Oil ETF (OILU), and the Direxion Daily Robotics, Artificial Intelligence & Automation Index Bull 3X Shares ETF (UBOT).
https://seekingalpha.com/article/4253434-winning-bounce-lag-momentum-stocks-week-15-2019-4-8minus-4-12
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM