- Small-Cap Value -.15%
- 1) Gold & Silver -2.33% 2) Homebuilders -1.0% 3) Gaming -.72%
- MGI, ATLS, ARP, LII, RUSHA, APL, TRP, ACTG, CMG, CNSI, ATHN, CPHD, LULU, GLOG, MAC, ABX, TNC, CBF, GPOR, GDOT, UMPQ and GLNG
- 1) KMI 2) MBI 3) FITB 4) KRE 5) DXJ
- 1) DISCA 2) GM 3) WLT 4) YHOO 5) JBL
1 comment:
On Monday April 21, 2014, Small Cap Nation Investment, IFSM, traded lower as Russia Small Caps, RSXJ, Vietnam, VNM, Singapore, EWSS, Emerging Europe, ESR, and Mexico, EWW, traded lower.
Gold Mining Companies, GDX, Silver Mining Companies, SIL, and Industrial Miners, PICK, traded lower, as Commodities, DBC, led by Agricultural Commodities, RJA, CORN, SOYB, WEAT, JJG, and Spot Gold, $GOLD, traded lower to $1,290. Gold is in an area of strong resistance. It being both a commodity, and a currency, has been traded lower with the commodity currencies the Australian Dollar, FXA, the Brazilian Real, BZF, as well as the Emerging Market Currencies, CEW.
A portfolio of Inverse Market ETFs ...
http://tinyurl.com/kujxs2v ... could serve as collateral; this might include STPP, XVZ, JGBS, GLD, PPLT, PALL, EUO, YCS, SAGG, DTYS, DNO, as well as HDGE, SBB, SBM, DDG, EFZ, YXI, SZK, SDP, KRS, REK.
The chart of the Gold ETF, GLD, shows that it entered an Elliott Wave 3 of 3 Up in January 2014. Short Side Of Long posts Gold Has Outperformed Other Asset Classes In First Quarter 2014. ETF Daily News posts Phantom Gold Inventories: has the Comex already defaulted? Some think gold mining stocks are a good investment; yet it’s hard to justify an investment in Gold Miners, such as AEM, with its forward PE of 37. Something more reasonable might be Allied Nevada Gold, ANV, with a forward PE of 24
One should not be invested in paper gold, such as the Gold ETF, GLD. One should take possession of the genuine article, that is gold bullion, as it will be trading awesomely higher.
Post a Comment