I want you to do something for me.
Look at the following stocks: CF, POT, AGU, TNH
Tell me what does the 1-day chart look like.
Tell me what the 200dma is.
What was the low of the day?
POT reports earning before open.
beanie,
Name you time frame and I will bet you that SLX or MOO will outperform PBW.
3 years from now:
PBW from 25 to 100 (hell yeah!)
SLX from 88 to 350
MOO from 53 to 210
NLR from 39 to 155
Which is more likely? PBW, back up 9 trucks.
Btw, PBW is an etf. Nothin wrong with 50% of your money in it. Just watch the sector and watch the chart for developments.