2 Early Cycle ETF’S

$VNM (Market Vectors Vietnam ETF) and $KOL (Market Vectors Coal ETF) are two etf’s that might be turning the corner and could potentially provide some decent upside performance in the coming weeks to months.  Both ETF’S have under-performed over the last couple of months and they could very well continue with their under performance. However, I have always found it helpful and profitable to keep an eye out on under-performing indices/etf’s that might be turning the corner in which they go from out favor to in favor because once they turn they normally trend for a while in the new direction.  It’s no secret that the biggest profits come right after severe corrections.  I believe that if $VNM stays above $19 and $KOL above $21 they might go from out of favor to back in favor.  It wouldn’t hurt either to look for individual names within the ETF’S (if any) for ideas just like we did a week and half ago with in the Steel Sector; 

 

$KOL

KOL

$VNM

VNM_001


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.


blog comments powered by Disqus