Friday, July 15, 2011

Gossip on Sector ETF Rankings - July 15, 2011

It appeared that our long XLE / short XLF strategy successfully hedged a volatile first week into the earnings seasons. For the week, S&P 500 (SPY) fell 2%, XLE was flat, and XLF fell 4%. Investors who would end up with a 4% gain even when the market was falling. Our prediction was based on the predictive power of our ETF ranking system, which is a novel fundamental approach that drives short term return.

No comments:

Post a Comment