I am 80% bullish on the Energy ETF (FENY). I am planning to fill my position for August 2024 at $25.10.
I allocate a portion of my monthly salary to invest in ETFs. Currently, my position is with SPUS (S&P 500), but given the current bearish market for S&P's, FENY is my next best option for small cap market. I am confident that FENY will rally towards $26.90, representing a 7% increase. Hoping for the best.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.