So I followed through on a promise I made weeks, if not months, ago to clear out all the leveraged ETFs out of the ETF-Cashinator report. The report was becoming useless with all the leveraged ETF “noise” so I went through and deleted *most* of the leveraged ETFs. I did leave a couple of 2x leveraged index ETFs in there because I continue to hold positions in some of them. After re-running the report without much of the leveraged ETFs I can make a more informed commentary on what is happening with the market. It looks like there is a great deal of investment & betting in commodities as Metals, Gold, Steel and commodity heavy countries like Brazil and Russia are showing high premiums on ETF covered calls. I suspect that this is a “fear” move on the part of the investment community so take a look at the new report!
ETF Covered Calls website is for educational and entertainment purposes only. Any investment activity is not without risk including loss of principal. Neither this website nor its authors assume any responsibility arising from the use or misuse of any information presented in this blog. You are urged to contact a financial adviser before making any investment decisions. Past performance is no indication of future performance.