FTLS: Reaffirming My Buy Recommendation

Last year, I recommended the First Trust Long/Short Equity ETF ( FTLS ) as a Buy. Since then, it has generated a nice 7.50% return compared to the S&P 500’s return of 10.54%. My thesis was thatThe Barnacle is a quantitative analyst and has been in and out of the investing business since 2003. He is a former member of Marketocracy's M100 Club. He has a degree in mathematics and believes that mathematics is the root of all success. If the numbers tell one to do something, then do it. When one reads his posts, ...