PSCE - Long to $18-20 areaPSCE - Long to $18-20 area
Break the triangle edge and continue the movement to $18-20 area
Key stats
About Invesco S&P SmallCap Energy ETF
Expense ratio
0.29%
Home page
Inception date
Apr 7, 2010
ISIN
US46138G4745
PSCE represents the energy segment of the S&P SmallCap 600, a market-cap-weighted index that consists of US small-cap companies screened for size, liquidity, and financial viability. The fund holds a concentrated portfolio of small-cap energy firms, which may include those involved in oil & gas exploration and production, refining, oil services, as well as pipelines. Selected securities are weighted by market cap and are constrained at each quarterly rebalance, such that individual securities will not exceed 22.5% weight and the aggregate weight of securities with over 4.5% allocation is capped at 45% weight of the portfolio. Overall, PSCE is an exclusive, small-cap play in the US energy sector.
Classification
What's in the fund
Exposure type
Energy Minerals
Industrial Services
Stock breakdown by region
PSCE Long ViewThis idea is for me, this is not financial advice.
20% confidence in this playing out.
w00f
PSCE - Getting Alpha on US Oil and Nat Gas. Up trend strong, pull backs seem to be respecting fibs which only tells me that there is possibly professional buying interest. Economic stage fits a good backdrop. USO etf is almost too heavily traded imo opinion, and it gets muted returns because of the size of the fund inflows and outflows. Also
PSCE 06/09/2021Daily and Monthly money flow looks convincing,
are market going for another bullish run?
See all ideas