BWET
ETF Managers Group Commodity Trust I
Mentions (24Hr)
0.00% Today
Reddit Posts
Panama Canal to cap daily transits, anticipating severe El Niño | Reuters
Middle East route risk hit tanker freight first, then BWET & tanker stocks moved
BWET - Technicals look good, so why is it pulling back today?
I put a 5% trailing stop loss on every stock I own
Mentions
I sold my BWET 400c on Monday for even…it will be up 1000% today. AMA before I off myself
I see BWET has been found by the sub lol. The top is in…
Imagine being an oil bull holding USO this whole time when you could have been holding BWET :kek:
BWET one of those things you wish you had known existed because it's so obvious in retrospect and was a way safer bet than oil Hope I'll remember it the next time there's a global oil shipping crisis
BWET is up a casual 2200% ytd
Oh I completely agree with you about BWET. I just think they’re underrated by the general public. I’m definitely gonna look into your recommendations.
BWET is tied to tanker rates. While I dont see them going down anytime soon (far from it, I expect them to remain elevated for some time) I don't expect them to continue rising forever. While I dont expect BWET to collapse, I also think there's far more downside risk than upside potential at the current price. As for individual tanker stocks, its hard to go wrong. I'm currently holding ECO, FRO, TEN, NAT, and DHT. They each have their own nuances (some are solely focused on VLCCs, some have exposure to smaller ships and/or product tankers, some have fully modernized fleets, others less so, etc). If I had to pick one though, it would probably be ECO. They're directly involved in the Southern Oman shipping lane shadow transits, which is earning them gobs of cash right now which they're returning to shareholders
I actually don’t think it’s too late for BWET, but do you have other recommendations for tanker stocks? And on my BWET thesis, I just don’t think the freight index is decreasing anytime soon.
I'm sad I missed the boat (pardon the pun) on BWET. I actually tried trading it twice and managed to lose money on it during periods of high volatility earlier in the war. Should've loaded up the truck last month when it fell to the low $100s but I had no liquidity and didn't understand the tanker industry nearly as much as I do now
There were a couple of threads here about BWET and I ignored them. 🙁
CRAK and BWET ripping but my XLE is hardly moving. Complete fraud market.
I know the top is in but… BWET is the move
I'm about to toss $1.5k into BWET (ETF tracks cost of shipping crude oil on large tankers) Too late? Mango wants to hit Iran with "economic isolation" plan next week, so I think oil disruption will continue....
I'm about to toss $1.k in to BWET (tracks cost of shipping crude oil on large tankers) Too late? Mango wants to hit Iran with "economic isolation" plan next week, so I think oil disruption will continue....
I’m looking at chasing reverting out and full port on BWET holy crap.
To be clear, I'm not holding BWET. At current prices the risk reward is insanely lopsided. As for the tanker equities themselves, the risk of a selloff is high. These are quite volatile and I've held several through days with 8+% drawdowns on no real news. That being said, there are a lot of things likely to support rates through the medium term, keeping these companies insanely profitable. For example, the risk premium for Red Sea and Strait wont disappear even when the war ends, rerouting of ships is semi-permanent (i.e. longer voyages than the pre-war baseline of Middle East to Asia), demand for oil and refined products will remain high for years to come (gotta refill and create new SPRs), and a Korean billionaire has a partial monopoly and helped raise rates.
BWET tracks futures contract prices for oil and refined product tankers. Even before the war they were going bangbusters (a South Korean billionaire bought up a large portion of the entire world's tankers and jacked up rates), but of course the war has made it that much more profitable. Most of these companies have now reported earnings and they're utterly bonkers. Many handing out 15+% dividends, paying down all their debt, and doing stock buybacks while their equities are up ~100% ytd already.
Man I wish I knew about shipping and tanker stocks earlier in the year, I would've loaded up the truck. BWET is the best performing ETF this year by a wide margin, up 1,314% ytd and 2,151% yoy. Unsurprisingly, global disruptions to trade are megabullish for the companies that move critical goods around the world
So whose gonna short BWET
Sustained disruptions in both the Strait of Hormuz and the Bab al-Mandeb could obstruct about 24% of the global oil supply, per the Council on Foreign Relations, which cited EIA data. The Breakwave Tanker Shipping ETF (BWET), which tracks day rates for oil tankers, jumped more than 6% Thursday. The ETF has soared more than 70% in July
BWET up a thousand percent ytd! Would you invest in anything already up a thousand percent? 🙄
My BWET has been BDRY for a week.
It takes a few days for the data to roll in and have an impact on BWET.
Hey other Tre! Evey month that passes that I don't full port these stocks and FIX and BWET i say what am doing?
Trump fucks with Iran again = BWET pumps
BWET is not confirming Hormuz issue is over...
You should obviously sell MSFT and put it on Google. The only M7 still growing at a respectable rate. As BWET and FIX eat it's lunch haha
I mean BWET is up 1000% last 5 months. AXTI is up 440% last 5 months. Sure they may stop right here or go down. Or they may continue. This is it happening. Point to where on the NVDA chart you would buy and where would you say It's ran up too much, it's too late? NVDA is up 46% in the last year and FIX Is up 270%. KORU is up 1000%.
I should have full ported into $BWET before all this war bs started
what happens to BWET if Hormuz re-opens on Monday (not that I think that's likely)
BWET is such a beast but it's also tiny. The growth over the last year has obviously been impeccable but using it as an actual trading vehicle is almost impossible due to lack of liquidity.
I just buy BWET and chill. As long as there's war. As long as oil prices are high. As long as the insurers don't want to cover supertankers transporting oil in the future, BWET will continue to outpace everything on Earth.
BOAT ETF or their top holdings is where I'd look if I wanted to a way to trade this thesis (I really have not looked into this though). There's also SEA, but that covers air cargo as well. BDRY and BWET are based around futures contracts. I think OP's thesis is shit (no offense OP), but I'm kind of failing to see how shipping and logistics problems are bullish.. Like I say haven't looked into it, but shipping is undeniably essential to the world economy. Spitballing, but if you could argue they are beaten down or the cargoes will command premiums I could see a play there. On the other-hand you have risk of physical assets, because of the war as well. IDK I've only spent like 30 minutes looking into this, but if you are looking for tickers I'd recommend looking through BOAT or SEA top holdings or just buying the ETFS. FRO, top holding in BOAT, looks solid enough with a glance at their stats if OP's thesis sparked something in you. Obviously not finical advice, do your own DD, and I think this could go either way.. but I'm actually considering opening a place holder position in FRO or BOAT honestly. Added to watch-lists at least.
I tried playing fertilizer stocks and and they spiked for a few days and just faded and went nowhere. BWET and XLE made me some money, but I sold both. Been mostly in semis since.
sit ur butt down first, then Check out KORU & BWET (You gotta luv that!), 1 year return %’s…….
I own BWET because of the high futures on shipping oil right now. I looked at their counterpart, BDRY, for dry goods and came away much less impressed with that ETF's performance recently.
Ck. Out BWET, not a penny stock though but a leveraged ETF, Amazing returns so far. Similar market for comparison.
There are some etfs of stocks designed to perform well during high inflation, like INFL and FCPI. Focus on companies with pricing power that can weather inflation, or companies that own physical assets. Persistent inflation will trigger higher interest rates. You might look at companies that benefit from that. Lenders, banks, and bdcs. The financial sector has underperformed for a while now, might get some time in the sun with rate hikes. Some politicians have been buying bank stocks as well if you follow that. Commodity prices rise when the dollar declines, so many stocks related to them tend to outperform. Gold and silver are the obvious choices, but steel, aluminum, potash, copper, fertilizer, oil, etc will benefit. I'mnot going into detail on PMs or energy stocks as they should be covered elsewhere. If you've been burned or are hesitant to jump into precious metals and miners lately, the invesco commodities etf, DBC, holds futures in 14 different commodities and has done pretty well over the last year. Some other ways to play commodities that might not be on your radar: 1. Shipping freight, BWET tracks tanker futures or wet freight. It has performed spectacularly since the war. I am kicking myself for not getting into this 3 months ago. Up over 800% ytd, and no slowing as long as the strait is closed. The bottom might fall out when it reopens though, so dont forget your stop loss, or sell a call/buy a put (options market is weak AF though so caution there as well) 2. If you like gold and miners but gas prices and geopolitics have you worried about their margins, you might consider streaming companies like Wheaton, WPM, they provide financing to miners in exchange for guaranteed future output from them at rock bottom prices. They profit when commodities are high even if the miners are struggling to break even. They have been beaten up lately as gold prices have fallen, possible buying opportunity? Google "metal streamers", theres a few larger ones and several report earnings next week. For broader exposure, some PM etfs that include streamers are GBUG, GOAU, and METL. Hopefully I've given you somethings to think about! Do your research, I'm not a financial advisor and this is not financial advice, just answering a very good question. I have written WAY more than I intended so my apologies if you're still with me this far. Happy hunting! TL;DR Inflation resistant etfs: INFL, FCPI Discount retail, home goods, auto parts Financials, BDCs, some REITS for higher interest rates Commodities etfs: DBC, BWET, Precious metal streamers, WPM, FNV, RGLD, TFPM, OR PMS ETFS: GBUG, METL, GOAU
True indeed and America should back off - hit this “excursion” is more about distraction and grifting and has little to no military objective. Remember, it was Trump himself who withdrew from the nuclear accord and now he’s trying to fix that with his buddy Bibi. Russia loves the mayhem and is making bank as the price of oil rises and a desperate market opens up for them. No doubt there is support for Iran in several ways from both them and China - a country laser focused on making plasticky goods for Americans and the rest of the world to buy. It’s like nobody read “War in the Middle East for Dummies” before committing to this stupid move. Well, except for the guys who bought $BWET in January of course. They’re out choosing their new yacht this weekend.
Was BWET the *real* Trump trade?
SLS Jan '28 leaps are crazy cheap. AIXI maybe. SKLZ tomorrow might get you part way there. BWET until the end of the year the way things are going
Ya oil and natural gas sticks up 100%+ already this year, eventually it really is priced in. I would love to dance with BWET though. That chart B making me WET.
My BWET calls are gonna print.
How much higher can BWET go??!
It's weird because I've been watching BWET go up and oil go down, or at least paper oil, on the same headlines.
I mean BWET is all time high, oil is up. Who TF knows what's happening
if you want to see an honest to god squeeze, look at the $BWET chart overnight into today
Dude, BWET already printed $102.50...
I sold everything 3/14. Moved into BWET, GLDM, and XOP. It popped but it was so volitive i couldn’t handle the swings, especially being full port. I sold a couple days later for a decent profit. Just been sitting in SGOV since 3/20. I’ll buy tonight if the deadline gets pushed but just normal stocks. Im not cut out for commodities futures haha.
Just buy PIT and BWET and chill.
the aptly named $BWET, a thematic etf focused on tankers, is up almost 600% ytd
PBRG, OILSF my faves. If BWET keeps running my jaw will hit the ground.
Well, your enemy may nuke you. They would never use nukes! They would never murder over 70,000 Palestinians while the world watches! Never forget, remember? Also many oil producers don't produce at capacity. The can and will ramp up to whatever our evil overlords want them to. Also I don't trust any images, numbers or sources from anyone, especially my own country. Sad! I say this having good size positions in PBRG, OILSF, BWET and VG. Will take some profits tomorrow depending on what the SPs do and probably rotate alot into some binary litigation plays that will be unaffected by war NLST and AIXI, at least for more short term gain.
Facts are: shipping lanes disrupted, more oil, gas and infrastructure destroyed daily, more troops and ships moving to the area. This doesn't end or normalize any time soon. PBRG, OILSF, BWET, ARGYF and I'll hop on UVIX for a daily ride if I can.
Single buy of 14500 BWET shares an hour ago sent the ask price from 125ish to 184 o.0 (Nother tanker got hit)
I bought the BWET dip yesterday and some more ET and MTDR XLE can't decide
BWET crashing (way more than oil)
Started buying individual articles January 1st this year, haha. Learning how to swim fast, tho. Bio still more up than down, and I took some profit off the top. But they're long term binary plays. NLST fell by a quarter today. Must be insider news or manipulation to "stock up" for some big guys. My play money I pulled out of optics and into PBRG, OILSF, ARGYF and BWET with some 13% stop losses. They're up pretty fucking great in the last 5 days 12%-60%. Tempted to just go all in on ARGYF for a few weeks but that's just gambling.
Im betting on chaos rn GLDM, PBDC, BWET, XOP. Christmas wishlist which I will rotate into when the dust clears: META, MU, TSLA, GOOG, AMZN, NVDA. I figure thats atleast a week away though probably more.
Everybody knew the plan. Look at BWET tanker etf. That went sky high early jan
Same, here and in other subs. I was downvoted to oblivion when I said there’s no more off ramp 3 weeks ago. I also said ground invasion is likely and will end terribly, and that we might see $200/barrel by the end of April. We’ll see if it actually gets that bad. I sold everything 3 weeks ago. I left the money in fidelity sitting in SGOV since then. This morning I put it all in GLDM, PDBC, BWET, and XOP. These were always my safety picks but everything was way too volatile the past few weeks. However, I think we are getting past the point where trump can lie in a tweet and convince markets nothing is wrong. Reality is setting in. Now is the time to rotate into your safety/hedge securities.
If you’re bullish take a look at BWET over the last 3 months
long on BWET long on BDRY those who know, know, and are making BANK
Anyone in BWET? Why should I buy or not?
Check out some ETF’s right now, some trade on volatility and then there is $BWET!
Take a look at the BWET ETF year to date. Have a good weekend!
I should have listened to the guy a month ago hyping BWET and full ported calls. Up over 40% this week
Only for recent war trades; JPY Staying above 159, SPY is red similar with other oil purchasing currencies because Oil is largely purchased in dollars Another good proxy for whether the conflict is actually fixed or if it a bullshit pump is price movement in BWET, if VLCC charter futures are pumping the war is still on, and any pump is fake but if BWET comes below $80 might actually be a real pump, same with yen strength is bullish for spy
My play today is oil tankers: $FRO. But $BWET has been off the charts.
Go for IMPP if BWET is up 599%. IMPP will be added to this BWET ETF.
Thanks for this. It's not a perspective I would've arrived at on my own. I'm gonna grow a thicker skin before I try my luck with BWET any further. MarketEdge has a sell stop all the way down in the 50s, so the technicals they use would keep saying "everything's OK" until the ETF has lost half its value. Looking at the charts, it seems to bounce off of 52 most recently, with support keeping it from going lower, but looking further back, it's been all the way down to 10. This is just the nature of the investment. I'll see myself out. :)
technicals on a freight futures ETF are almost irrelevant tbh, this thing moves on geopolitical headlines, not support levels. 8% swings are just the cost of admission with BWET.
EWY, BWET, IEZ are ok
Tut tut, VM... it does exist: BWET
Balls deep in $BWET?
Yepppp been paying attention to that too BWET is up bigtime
So what ticker do I get calls from for big upside with oil? Chatgpt tells me BWET
BWET is down? Did the strait open?
Kinda over with Trump backing the war insurance premiums for the boats through the Strait and offering navel escorts. This is why BWET, DHT, FRO, and ECO all crashed this week.
I put half in $DRTS to change the way cancer is treated. The rest is diversified into: BWET GDMN FMTM FLKR This gives you oil shipping futures, gold, momentum and South Korea. I’ll put this single stock and four ETFs up against any other portfolio over the next twelve months. NFA. DYOR.
Tanker shipping BWET ETF is cooking
https://preview.redd.it/haxlj67l6rmg1.png?width=1608&format=png&auto=webp&s=a66cd1ac8a3624c05c637408cc635c40437322a2 BWET (Tanker related ETF) is blowing up. Pun intended
BWET, I should’ve stayed in it over the weekend Instead, I was in UVIX and OILU thinking they would have bigger upside