Sunday, June 29, 2008

What is on radar for week of June 30

Investigating USO, SWN, HAL, AUY, GLD, DBV, KOL, XLE, XSP, IWM , DIA as potential candidates for upcoming week.

USO, XLE, & KOL are great energy ETFs that may help in hedging against the energy crisis & can help in paying for additional amounts we pay at the pump for gasoline. Although oil appears to have been overbought, everyone is saying it is driven up by speculators, & is a bubble, but then it still continues to go up. The global political crisis does not seem to ease at the situation.

HAL & SWN - watching for a small pull back & then analyze taking up some positions.

AUY, GLD, DBV - Gold related positions & Currency baskets help in hedging in uncertain times.

XSP, IWM, DIA seem to be beaten down too much, but considering cautious positioning for 6 months ahead may provide good returns.

Markets are driven alot by emotions too, so who knows what lies ahead.

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