Friday, May 12, 2017

Energy Is Finished

Leveraged Energy Bears

By -

Most of you already know of my fondness for energy shorts. Here are a couple of leveraged bearish funds (thus, longs) that got beat up badly lately which I believe are ready to reverse into new highs for the year (Allah willing). Here’s the one I’m presently long:
And here’s a favorite of redvettes, a somewhat more diversified (and volatile) instrument: