Invesco Water Resources ETF T.PHO

Primary Symbol: PHO

The investment seeks to track the investment results (before fees and expenses) of the NASDAQ OMX US Water IndexSM (the underlying index). The fund generally will invest at least 90% of its total assets in the securities that comprise the underlying index. The underlying index seeks to track the performance of companies that create products designed to conserve and purify water for homes, businesses and industries. The underlying index may include common stocks, ordinary shares, American depositary receipts (ADRs), shares of beneficial interest and tracking stocks. The fund is non-diversified.

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Invesco Water Resources ETF > Bad Timing

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Post by gone_fissionon May 09, 2019 8:33pm

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Post# 29731991

Bad Timing

Unfortunately, Q1 results coming out on the heels of the American announcement of even more sanctions against China tells me we won't see any upward momentum for a while. Meanwhile, as the markets drop, Trump's shills are out buying shares by the tonne and when he starts talking nice and the market rebounds, they sell and he makes millions.

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