ETF Investor

ETFs Furthest from Their 50-Day Moving Averages

Tom- Don't worry, we will let this post off the hook because it is definitely not as useless as that poster who puts up ETF charts and tells us which way it will go just off the candlesticks...

ETFs Furthest from Their 50-Day Moving Averages

If you can go trade/invest on this or even use it in even the smallest way in your investing strategy for the long term, then I feel sorry for your performance numbers at the end of every month.

ETFs Furthest from Their 50-Day Moving Averages

Well it is obvious that Bespoke Investment Group is a con-artist firm that just wants to confuse people and throw useless statistics out there.

Update On Oil ETFs and Contango

I think you are misrepresenting the sole purpose of the USO fund- to track the daily movements in the price of the front month NYMEX crude oil contract. Tracking on a day by day basis, which it does exceptionally well, does not mean that long term it will have perfect tracking to the price of spot crude, which also deviates in its own way from the price of the front month NYMEX crude contract. Take into account the rollover process from month to month, and what you have is a fund that is drastically different from the others. At the end of the day, the fund is great for short term investors looking to latch onto crude movements over the course of a day but other funds are better for long term oil "investing" (rather than speculating, although anything dealing with commodities can be classified as such)