Unless I looked things up incorrectly, LDRS does not have options. That is a drawback.
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IBD Etfs
- Thread starter iprph90
- Start date
Unless I looked things up incorrectly, LDRS does not have options. That is a drawback.
%%I spoke with Innovative Funds last week. My specific question and concern was if FFTY would have the ability to go into "cash" for some part of the portfolio if the market entered a bear market scenario. The answer I got was: "good question" and he kinda/sorta skated the question, although not ruling it out.
I have subscribed to IBD Swing Trader for a trial period and if the overall market is trending down, they slow down or stop recommending stock buys- hence my question to Innovative funds.
He seemed to be more specific with the LDRS since if the top performing ETFs are trending on a monthly basis towards "cash/bond" positions, then that's what the fund buys. Again, ETFs in LDRS are only repositioned once monthly. For FFTY the stocks they are repositioned once weekly.
Please correct me if I made any errors.
Even though any should+ you may have done that, study the prospectus Ipr 90. Most long only have to be almost all invested. BUT FFTY can go to 50% cash, under certain conditions. SPY pays better dividends, handy in a slop chop market; but espect better growth/roller coaster than SPY. NOT a prediction......
"Certain conditions" is exactly what I wanted clarification on. Gentleman from Innovative Funds said the market conditions would have to be substantially deteriorating before allocation to cash position would be made. I suspect that is reasonable considering they are not day/swing traders.
Unless I looked things up incorrectly, LDRS does not have options. That is a drawback.
I don't think it is useful to have options on these ETFs. FFTY has them but they are thinly traded and if you want to close position slippage will be ugly
CANSLIM Select Growth Fund has been around much longer. It outperformed in 2008 (by staying flat) but has lagged the S&P in recent years.
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CANSLIM Select Growth Fun was FLAT in 2008? That is AMAZING if so. I mean, they were in the stock market 100%, which stock market cratered 50% to 60%? If this is right, I REALLY need to look into that. I looked before but I was always under the impression it underperformed a bit.