I think a mentor gets a lot of satisfaction in a couple of ways. They’re doing something constructive, so they feel good about that. And when they see the results of this, with the young people they’re working with, it’s very rewarding. John Glenn
So true Mr. Glenn. Thank you for your courage and service-you will be missed. DOE
The melt-up continues with all three major indexes closing in the green-in record territory. If you feel left out, remember, at some point this post-election honeymoon will end, and those that are prepared will prosper.
I hope the rally continues until I finalize my All-Star A & B analysis, to have our Allocation Worksheet completed and ready to roll.
I begin my individual analysis with the ETPs in my All-Star A list. Some in this group may be quality “Garden Growing” candidates. Today I am focusing on the group A performance leader SMHD–ETRACS Monthly Pay 2X Leveraged US Small Cap High Dividend ETN.
1. Every three months there is a spike in the dividend amount
2. Two Simple Simon Buy signals hit in 2016
3. Is trading at a high for the year
4. Has a low average daily volume of only 18K
5. Is an ETN
Tomorrow I analyze NTG and discuss what I am looking for to consider it as a “Garden Growing” candidate.
This week and next, I will focus on our 2016 Q4 All-Star A & B candidates to prepare you for the next “Garden Growing” season.
Enjoy your evening,
This information is for Educational purposes only. It shall in no event be construed or interpreted as an offer or recommendation to buy or sell securities of any kind.
DAVID O. ENGLAND is the founder of the Eye on the Market-Training Academy and Associate Professor Emeritus of Finance. This column is presented for educational purposes only and not intended as financial advice.
If you have a question or comment, contact David England at email@example.com.
https://davidoengland.com/wp-content/uploads/2015/10/doe_logo_trans-with-tagline2015.png 0 0 David O. England https://davidoengland.com/wp-content/uploads/2015/10/doe_logo_trans-with-tagline2015.png David O. England2016-12-08 21:06:062016-12-08 21:35:17All-Star A List SMHD 12.8.16