In this [Is EVMT a Good ETF to Trade Electric Vehicle (EV) Metals? | Quick Take] video 🎥, we will be discussing EVMT, an ETF that was brought to our attention by our viewer, @EZ Mike. EVMT is an electric vehicle and metals commodity strategy ETF that does not issue a K1 tax form. What makes EVMT stand out is its focus on materials used in EVs, such as lithium, copper, nickel and cobalt.
EVMT has a risk-reward profile of 1.4 support to 1.8 resistance, indicating limited movement. To get a more detailed look at its performance, we can also check the ETF’s database and see that it has been relatively stable with an average volume of 4K. However, this ETF does offer a 5% dividend and is optionable, making it a potentially attractive option for swing traders.
When looking at EVMT’s long-term performance, we can see that its prices have ranged from 16 to 20.28, indicating a slight upward trend. It is also worth noting that the sentiment for EVs has not been positive lately, but we can see a potential turnaround based on recent performance.
🔴 Please Join us in the BeachBum Trading Community by Subscribing to the BeachBum Trading YouTube Channel at 👉 https://www.youtube.com/c/BeachBumTrading?sub_confirmation=1 & Please Click the Bell Icon 🔔 so that You are Notified and Never Miss an Episode of BeachBum Trading.
📖 CHAPTERS 📖
00:00 – EVMT
05:29 – BeachBum Trading Sites
06:17 – Discord Invite
🏆 Get 24X7 Access to our ETFs Google Sheet, as well as Many Additional Benefits 🏆 by Joining our Patreon at the All-access or VIP level Now at 👉 https://www.patreon.com/BeachBumTrading
📈 TRADING PLATFORMS 📈
✅ Webull – Get FREE stocks with Webull 👉 https://bit.ly/3jKfvw5
✅ E*TRADE – Use our link and we both get rewarded! 👉 https://bit.ly/3zP6rvB
✅ Public Investing 👉 https://bit.ly/3M5eACK (Referral Code: MichaelSDeVries)
📟 RELATED VIDEOS 📟
🎥 Is DBB a Good Base Metals ETF to Buy Now? | Invesco DB Base Metals Fund | Quick Take 👉 https://youtu.be/yUY6MWjn6VM
🎥 ALUM | ZSB | 2 New ETFs to Trade Metals | Quick Take 👉 https://youtu.be/GdN7pflQMYE
🎥 Best ETFs to Trade Oil | OIH | VanEck Oil Services ETF | Quick Take 👉 https://youtu.be/Q8YvhBYwQns
🎥 Picking ETFs to Long & Short Oil | How To Compare ETFs 👉 https://youtu.be/WNPo5HY0-Uc
🎥 Is DRLL a Good ETF to use to Trade Oil? 👉 https://youtu.be/aJhvdNobRkY
🎥 Best ETF to Trade Lumber and Timber 👉 https://youtu.be/w7bHlct5jAQ
🎥Best ETF to Trade Water | AQWA | PHO | Quick Take 👉 https://youtu.be/XP82JksLWWo
🎥 Top Gold and Silver ETFs 👉 https://youtu.be/HrXkUsdFJvE
🎥 Best AI related ETFs 👉 https://youtu.be/CDct1C7Ki88
🎥 What Is an Exchange-Traded Fund (ETF)? | #Shorts 👉 https://youtube.com/shorts/kDAm9OwsD3Q
🎥 How to Find ETFs to Trade / How To Use the ETF Database | Part 1 👉 https://youtu.be/iCn0RMyXJSo
🎥 Make Money 💰 Trading in June 2024 ☀️ [Weekly Trading Game Plan] 6/3 – 6/7/24 | Part 1 👉 https://youtube.com/live/gLHvcgqNBto
🎥 You may / Please see 👀 All of the BeachBum Trading videos in the [ETFs] YouTube Playlist, All for FREE, at 👉 https://www.youtube.com/playlist?list=PLH_4RiO370FNHjdEkyPWS5XQYiTJghT5n
#EVMT #etfs #swingtradingstockstrategy
📝 REFERENCES 📝
📝 Weekly Trading Game Plan Notes for 6/3 – 6/7/24 – Part 1 👉 https://docs.google.com/document/d/1XSQewwm4yYE9v8J2QvMWZjJEQp6V1Lt-ggfxeGeqswM/edit?usp=sharing
👀 BeachBum Trading on Social Media 👀
🌐 To See 👀 any Daily Changes to our Watch List(s), “Real Time Alerts” 📣 of our Buys, aggregated News on our current Positions, etc., … Please watch / keep an eye 👀 on the Comments section of this video, below, and/or … Please also Follow BeachBum Trading on:
👉 Patreon at: https://www.patreon.com/BeachBumTrading
👉 Discord at: https://discord.gg/BXTE6bdkmZ
👉 Twitter at: https://twitter.com/BeachBmTrading
👉 Pinterest at: https://www.pinterest.com/stocks1thevcf
👉 Facebook at: https://www.facebook.com/profile.php?id=100054334621367
👉 Facebook Group at: https://www.facebook.com/groups/434697884890399
👉 Facebook Page at: https://www.facebook.com/Beach-Bum-Trading-110655101593103
👉 Instagram at: https://www.instagram.com/beachbumtrading/
👉 Reddit at: https://www.reddit.com/r/BeachBumTrading/
🏖 BeachBum Trading’s Home Page 🏡
🏡 Please also Visit the 🏖 [BeachBum Trading] [Home Page] at 👉 http://BeachBmTrading.com
🎮 BeachBum Trading Community Discord Server 🎮
🏖 Please also Join Us in the [BeachBum Trading] Community [Discord Server] 🎮, for FREE, at 👉 https://discord.gg/BXTE6bdkmZ
🙏 BeachBum Trading on Patreon 🙏
🙏 Please Help us be able to continue to produce frequent quality content to help You Learn How to Trade so that You may Achieve the Financial Freedom You Want and Deserve to be able live the BeachBum lifestyle and/or any kind of life that You would like to live! and get Access to our New BeachBum Trading Community Discord Server Now by Supporting BeachBum Trading via Patreon at: https://www.patreon.com/BeachBumTrading