Six-Pack is Solid!
By Kurt Kasun | June 17, 2008 | 3:26 PM | 1 Comment
It should come as little surprise that the six-pack portfolio, consisting of coal and natural gas names, continues to rip. It is now up over 7% (in a down market) versus being up 4.35% (last update almost a week ago).
Momentum traders are flocking to these sectors which offer some respite from the overall market which is struggling and tending lower. This should increase the volatility in the names over the shorter term, but I expect further gains throughout the summer.
Portfolio Performance and analysis follow below:
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