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.
............................
Sunday, June 29, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment