KFA Mount Lucas Managed Futures Index Strategy ETFArca
Description
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KMLM is showing great YTD return in this bear market, with much less volatility than buying SPXS or SQQQ instead. EMA has barely dipped & BBPower is very weak, so the good news is this is nicely on sale now. Recession is here now for about a half year so far, & will need at least another year to recover, so ignore the small rally in the market ... it's not the bottom for SPX. Take care & grab a bargain while you can.
KMLM has been good to me. MLPO was great to me but lately, not so much. You seem way more knowledgeable. Any chance you can explain MLPO
roelds
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@blakewhite, Thanks! I've been actively learning the market for about a half year now. Looks like KMLM has been going mostly sideways & down since I posted this, while the Indexes have been mostly going sideways & up during that time. For MLPO, it has very low volume, which most of my trusted indicators use volume for their insight. KMLM has about the least volume I consider trading in tickers. I can tell easily by how well defined & consistently defined the candles are shaping. However, I remember reading about Credit Suisse earlier this month & the news matches same day as the last high in MLPO: June 7 they announce coupon/yield for MLPO, which, when coming from banks, they usually do that to get retail to buy in at the high & hold the bag for them. Also, in Bloomberg Terminal on that day, Credit Suisse CDS spiked very high, similar to how it was in 2008: i.redd.it/ffr3xupjj4a91.jpg So personally to me, Credit Suisse is in trouble & needing help, so I wouldn't bet on them anytime soon. Make sure you watch for news on the tickers you are trading, so you can exit in time! Take care.