This guy is a kook.. Several months ago he posted a question wondering if ETFs could be traded intra day like a stock or if they were like mutual funds that could only be purchased/sold daily at close.
Here is a gem of a recommendation he made just 3 1/2 months ago.
DUG is down about 15% from his post, and it’s obvious he had no idea what the ETF was comprised of as you are not “essentially buying oil future contracts when you buy DUG”.
I doubt he even bothered to research what stocks are actually in the DJ US Oil and Gas Index.
Of course he will say he sold this at a profit. Take his posts with less than a grain of salt.
