There's so many ETFs & ETNs now with almost all flavors
under the sun currently available ... ... maybe someone
should throw them in a basket to create a fund and use the WOKE
ticker for it ... it's still available
Posted by DigiNomad on 12th of Jun 2023 at 03:38 pm
I literally had someone contact me about 9 months ago about
heading up a fund that would short woke companies. He asked if I
had any ideas about how to measure it objectively. Turns out he had
never heard of ESG. Haha. Anway, after some discussions we got as
far as a potential ticker: SWOKE (Short Woke)....but then the idea
took off with other fund managers. It was a good idea, but we
didn't move fast enough! It's been kinda entertaining since
then seeing analysts come up with every excuse imaginable for DiS
tail spin...except the most obvious reason.
Even more entertaining: Watching Digital World Acquisition
Corporation (DWAC), which is/was supported by the anti-Woke crowd,
get crushed and tumble from an opening day high ($175) to today's
close ($12.79) in just 20 month's time.
Can we please keep politics off of BreakPoint Trades?
Woke analysis
Posted by matt on 12th of Jun 2023 at 03:08 pm
BUD - Chart Link- while BUD at least had a mean reversion bounce back to its 9 EMA, TGT couldn't even do that.
TGT - Chart Link- otherwise on this next low there is now RSI divergence for now, which could be blown out but it is there for now
There's so many ETFs &
Posted by mla127 on 12th of Jun 2023 at 03:21 pm
There's so many ETFs & ETNs now with almost all flavors under the sun currently available ... ... maybe someone should throw them in a basket to create a fund and use the WOKE ticker for it ... it's still available
The inverse ETF can be
Posted by mastermind on 12th of Jun 2023 at 03:44 pm
The inverse ETF can be SLEP
I literally had someone contact
Posted by DigiNomad on 12th of Jun 2023 at 03:38 pm
I literally had someone contact me about 9 months ago about heading up a fund that would short woke companies. He asked if I had any ideas about how to measure it objectively. Turns out he had never heard of ESG. Haha. Anway, after some discussions we got as far as a potential ticker: SWOKE (Short Woke)....but then the idea took off with other fund managers. It was a good idea, but we didn't move fast enough! It's been kinda entertaining since then seeing analysts come up with every excuse imaginable for DiS tail spin...except the most obvious reason.
Even more entertaining: Watching Digital
Posted by RichieD on 12th of Jun 2023 at 04:34 pm
Even more entertaining: Watching Digital World Acquisition Corporation (DWAC), which is/was supported by the anti-Woke crowd, get crushed and tumble from an opening day high ($175) to today's close ($12.79) in just 20 month's time.
Can we please keep politics off of BreakPoint Trades?
It should include also the
Posted by drravi on 12th of Jun 2023 at 03:24 pm
It should include also the other side of the woke trade DWAC on the top of that list