Not enough lows amid friction dense marketsRate of return is still bullish but rate of friction is bearish. This lead to stronger bearish market to normalize returns.
Key stats
About iShares MSCI Turkey ETF
Home page
Inception date
Mar 26, 2008
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
TUR offers a pure play take on Turkish equities. It tracks our market-cap-weighted index, which invests in large-, mid, and small-cap companies trading in the Istanbul Stock Exchange (ISE), providing comprehensive exposure to the market. Overall, TUR is as good a proxy as one can get for the Turkish stock market. However, investors must still be conscious of the funds composition before investing, as the pool of Turkish companies may result in high concentration risk among some specific sectors. The fund uses a sampling strategy, meaning the fund may not hold all the stocks of the underlying index but will hold securities that collectively have the same investment profile. The index is rebalanced quarterly.
Classification
What's in the fund
Exposure type
Finance
Retail Trade
Transportation
Stock breakdown by region
Target 69.71After 10 years drop and elections confirmations, it's ready to go.
TP1 37.98
TP2 69.71
SL 100 EMA weekly can be followed.
TUR UpdateTUR finally broke yesterday and rebounded today.
Thing is, when stuff goes parabolic they drop just as fast. Bought a few puts today for kicks and giggles. Not a sure bet but nothing is right now, lol
Turkey ETF bullishFollowing monthly chart.
TURKEY ETF got confirmation both in chart and RSI indicator.
TP1 28.21
TP2 37.98
SL 17.80 - please wait for monthly candle close.
TUR UpdateCrazy crap, Turkey rallied again today.
Looking to buy puts next week, getting close to the resistance zone. Plus FDAX is almost overbought on short term charts.
IS November time for Turkey?Watching the weekly moving averages on Turkey. Nice above so can it hold or break!
TUR | Put Options Anyone? | ShortThe fund generally will invest at least 80% of its assets in the component securities of the underlying index and in investments that have economic characteristics that are substantially identical to the component securities of the underlying index. The underlying index is designed to measure the pe
TURdShorting Turkey via TUR ETF.
I think the currency tanks faster than they can pump their market, lol. At he resistance area anyways, so worth a shot. Overbought on daily RSI
TUR - setting up for something more?TUR has been in a sideways consolidation since mid 2018. In Dec 2021 (3rd week of month), demand showed up in a major after washing out and springing the multi year lows (08/18, 3/20, 10/20). This was was the widest spread bar, on the highest volume in this multi consolidation since the climactic
$TUR Turkey bullish breakoutNice breakout here on Turkey ETF TUR and close above 30week MA
I'm long shares
Technically looks like Wyckoff accumulation pattern with "Spring" action in DEC and now entering phase D
Expect a little LPS pullback , but I remain bullish above 20 zone.
First target 24 zone, implies 30 , and a
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
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Summary
Neutral
SellBuy
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Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.