EMTY - Have to love the ETF symbol (Proshares decline of the
Retail Store). Not sure how many box stores will be left
standing after all this but I am sure some will fall. The
trend has been online retail and now more than ever. That
being said, not a lot of volume in this yet so not a buyer, but
keep on my radar.
Posted by elementsix on 30th of Apr 2020 at 05:47 pm
Looks like EMTY's only holdings are swaps. Couldn't really
get my head around the structure but if you don't want that type of
exposure be careful.
It compounds daily as well, so use it to
trade, not invest.
EMTY - Have to love
Posted by ssaffer on 30th of Apr 2020 at 04:50 pm
EMTY - Have to love the ETF symbol (Proshares decline of the Retail Store). Not sure how many box stores will be left standing after all this but I am sure some will fall. The trend has been online retail and now more than ever. That being said, not a lot of volume in this yet so not a buyer, but keep on my radar.
Looks like EMTY's only holdings
Posted by elementsix on 30th of Apr 2020 at 05:47 pm
Looks like EMTY's only holdings are swaps. Couldn't really get my head around the structure but if you don't want that type of exposure be careful.
It compounds daily as well, so use it to trade, not invest.
LOVE the name though...
No, I am not going
Posted by ssaffer on 30th of Apr 2020 at 06:35 pm
No, I am not going to touch it. Thanks for digging into it.