XLE Weekly: Balance Develops Below 2019 Highs – Energy Select Sector SPDR ETF (NYSEARCA:XLE)

XLE Weekly: Balance Develops Below 2019 Highs - Energy Select Sector SPDR ETF (NYSEARCA:XLE)

In this article, we examine the significant weekly order flow and market structure developments driving XLE’s price action. As noted in last week’s XLE Weekly, the primary expectation for this week’s auction was for price discovery higher. This week’s primary expectation did not play out, as balance trade developed below last week’s key stopping point high, 68.40s. NinjaTrader 14-18 April 2019: This week’s auction saw minor trade lower in Monday’s trade as last Friday’s late buyers failed to hold the auction. Price discovery lower developed, achieving a stopping point, 67.05s.…

Is the USAA Money Market Fund Worth It? (USAXX)

A Beginner's Guide to Buying Facebook Stock

A money market fund is a safe alternative to stock investing or holding money in a traditional bank savings account. These funds pool investors’ money to purchase safe and highly liquid securities, such as Treasury notes (T-notes) and certificates of deposit (CDs). In a normal interest rate environment, money market funds offer higher interest rates than savings accounts and provide the same level of safety. This makes them ideal for investors looking for a safe place to park money they need to access in the near future but also seeking…

Top 5 Beer Stocks of 2018

Top 5 Beer Stocks of 2018

The world loves beer, and Americans too are fond of the low-alcohol drink! The National Beer Wholesalers Association (NBWA) cites a Gallup poll which indicates that beer has remained the top preferred drink over the last 15 years, with wine and spirits taking the second and third spots, respectively. In 2017, around 40 percent of Americans listed beer as their beverage of choice, while wine was opted for by 30 percent and spirits by 26 percent of Americans. Eligible U.S. consumers consumed an average of 26.9 gallons of beer and cider…

PCEF: An Interesting CEF-Backed Income Fund – Invesco CEF Income Composite Portfolio ETF (NYSEARCA:PCEF)

PCEF: An Interesting CEF-Backed Income Fund - Invesco CEF Income Composite Portfolio ETF (NYSEARCA:PCEF)

As some of my regular readers certainly know, one of my favorite asset classes to invest in is closed-end funds. This is due to the fact that these entities typically boast very high yields and provide access to a diversified portfolio of companies or other financial assets all in one simple trade. However, these entities have the same problem that stocks do, in that there are a huge number to pick and choose from. Thus, for convenience purposes, it might be easiest to simply invest in a fund of funds…