HBP NYMEX Oil Bull+ ETF

HOU-T

Analysis and Opinions about HOU-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
June 19, 2017

Double bull oil ETF. It seems you are at the bottom end of the range in oil prices. This ETF has the usual problem with leveraged ETFs if you hold them a long time. HOU-T may not go up if oil is too volatile.

Double bull oil ETF. It seems you are at the bottom end of the range in oil prices. This ETF has the usual problem with leveraged ETFs if you hold them a long time. HOU-T may not go up if oil is too volatile.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$5.090
Owned
Unknown
DON'T BUY
DON'T BUY
February 16, 2016

For the long-term? Do not buy this for the long-term. It is a leveraged ETF. A great vehicle for gambling, short-term trading, but none of these leveraged ETF’s should be held longer than 2-3 trading days. Even if you have the direction right, you could still lose money because of the way leasing is reset every day. This is a day trading vehicle.

For the long-term? Do not buy this for the long-term. It is a leveraged ETF. A great vehicle for gambling, short-term trading, but none of these leveraged ETF’s should be held longer than 2-3 trading days. Even if you have the direction right, you could still lose money because of the way leasing is reset every day. This is a day trading vehicle.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$2.730
Owned
No
COMMENT
COMMENT
February 2, 2016

With leveraged ETF’s, you don’t trade them for the long-term. You buy them for a very specific trade because you are getting double the fun. You have to remember that these funds are reset every day. Oil itself is not basing and he doesn’t think it is time to buy it. If oil does bounce, he would only hold this for 2 or 3 days.

With leveraged ETF’s, you don’t trade them for the long-term. You buy them for a very specific trade because you are getting double the fun. You have to remember that these funds are reset every day. Oil itself is not basing and he doesn’t think it is time to buy it. If oil does bounce, he would only hold this for 2 or 3 days.

Keith Richards
Portfolio Manager, ValueTrend Wealth Management
Price
$2.900
Owned
Unknown
DON'T BUY
DON'T BUY
January 18, 2016

For an 8-10 year hold? This is a leveraged Bull+ ETF on crude oil. Any of these levered ETF’s are meant to be held for a maximum of a week because of the way they reset the prices on these leveraged deals. A lot of people who held them for 6 months, even though they were on the right side of the market, kept losing money. It is because of the reset. These things are for day traders.

For an 8-10 year hold? This is a leveraged Bull+ ETF on crude oil. Any of these levered ETF’s are meant to be held for a maximum of a week because of the way they reset the prices on these leveraged deals. A lot of people who held them for 6 months, even though they were on the right side of the market, kept losing money. It is because of the reset. These things are for day traders.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$3.010
Owned
No
COMMENT
COMMENT
March 16, 2015

A doubled leveraged way to play crude oil. They are not, not, not for long term holding. Couple of weeks at a time. With trading, a high percentage of the time you are going to lose and have to sell and move on.

A doubled leveraged way to play crude oil. They are not, not, not for long term holding. Couple of weeks at a time. With trading, a high percentage of the time you are going to lose and have to sell and move on.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$6.720
Owned
Unknown
BUY
BUY
January 27, 2014

Leveraged Investment so you can only hold it for a short time because of rebalancing on a daily basis. Oil tends to bottom about mid February of each year and do well until the summer time. This year it is starting early. Energy stocks responded correspondingly.

Leveraged Investment so you can only hold it for a short time because of rebalancing on a daily basis. Oil tends to bottom about mid February of each year and do well until the summer time. This year it is starting early. Energy stocks responded correspondingly.

Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$4.370
Owned
Unknown
BUY
BUY
July 22, 2013

Oil does well until end of September. Crude oil has gone parabolic, which is unusual. When it hits the peak, look out for the stock market. Everything is positive, don’t short yet, but watch for a move to the downside by the end of August. These vehicles work well when you are in a very strong trend.

Oil does well until end of September. Crude oil has gone parabolic, which is unusual. When it hits the peak, look out for the stock market. Everything is positive, don’t short yet, but watch for a move to the downside by the end of August. These vehicles work well when you are in a very strong trend.

Don Vialoux
Research Analyst, TimingTheMarket.CA & EquityClock.COM
Price
$5.480
Owned
Unknown
SELL
SELL
June 17, 2013

We are getting into areas of resistance. We are at the top end of the range. If we can’t break out, it would go down. He would be a seller.

We are getting into areas of resistance. We are at the top end of the range. If we can’t break out, it would go down. He would be a seller.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$4.640
Owned
Unknown
DON'T BUY
DON'T BUY
October 29, 2012

Has the daily double up/double down leveraging. It is futures based so you have the con-tango in the futures market. Not good to hold for long-term. Prefers USO-N for a month or two. You get only 1-2% erosion per month with that one.

Has the daily double up/double down leveraging. It is futures based so you have the con-tango in the futures market. Not good to hold for long-term. Prefers USO-N for a month or two. You get only 1-2% erosion per month with that one.

Larry Berman CFA, CMT, CTA
Chief Investment Officer, Partner, ETF Capital Management Inc.
Price
$3.950
Owned
Unknown
DON'T BUY
DON'T BUY
October 26, 2012

Not a big fan of leveraged stuff because people consistently view as a long term hold. Should be no more than a week because of the way pricing is done.

Not a big fan of leveraged stuff because people consistently view as a long term hold. Should be no more than a week because of the way pricing is done.

John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$4.020
Owned
Unknown
DON'T BUY
DON'T BUY
February 1, 2011
Likes oil. This one is going to be in a trading range so he wouldn’t invest in it.
Likes oil. This one is going to be in a trading range so he wouldn’t invest in it.
Jeff Parent B. Eng. FCSI CIM
VP & Portfolio Manager, Chief Investment Officer, Castlemoore Inc.
Price
$7.410
Owned
Unknown
DON'T BUY
DON'T BUY
September 29, 2010
NYMEX Oil Bull+ ETF. Designed to give you 2X the return on the price of oil. When you have the leverage and the daily rebalancing, some of the effect will be lost. More of a shorter term, speculative play.
NYMEX Oil Bull+ ETF. Designed to give you 2X the return on the price of oil. When you have the leverage and the daily rebalancing, some of the effect will be lost. More of a shorter term, speculative play.
Jeff Black
President & CIO, Crestridge Asset Management
Price
$6.090
Owned
Unknown
BUY
BUY
September 3, 2010
NYMEX Oil Bull+ ETF. He remains bullish on oil and prices are at a Buy level. You have to be careful of this one because the multiplier effect. These are short-term trading vehicles for day traders, not for long-term holds.
NYMEX Oil Bull+ ETF. He remains bullish on oil and prices are at a Buy level. You have to be careful of this one because the multiplier effect. These are short-term trading vehicles for day traders, not for long-term holds.
John Hood
President & Portfolio Manager, J. C Hood Investment.
Price
$5.820
Owned
Unknown
DON'T BUY
DON'T BUY
August 10, 2010
NYMEX Oil Bull+ ETF. Great vehicle for promoters of them but really a raw deal for too many investors. Many of the prices commodities have been in “contango” and commodity traders know contracts have to be rolled every month. Instead find a basket of quality stocks that you like and you will be far better off.
NYMEX Oil Bull+ ETF. Great vehicle for promoters of them but really a raw deal for too many investors. Many of the prices commodities have been in “contango” and commodity traders know contracts have to be rolled every month. Instead find a basket of quality stocks that you like and you will be far better off.
Charles Lannon
Director of Research, Toron Investment Management
Price
$6.930
Owned
Unknown
COMMENT
COMMENT
July 23, 2010
NYMEX Oil Bull+ ETF. The way this works is that it depends on the price path. Recalibrated virtually every day and if oil goes down, you have a lower base that you have to build from so oil could end up higher but you could be down further than what you paid.
NYMEX Oil Bull+ ETF. The way this works is that it depends on the price path. Recalibrated virtually every day and if oil goes down, you have a lower base that you have to build from so oil could end up higher but you could be down further than what you paid.
John Stephenson
President & CEO, Stephenson & Company Capital Management
Price
$6.780
Owned
Unknown
Showing 1 to 15 of 63 entries