



Market indexes were up 1.33% today while these four stocks are lagging. What caused the rally? Commodities like precious metal and energy were the leaders today. Gold rallied $20s, but gold stocks lagged again. This is hinting inflation is going to pickup, and the market rally is due to cheap money coming in to the market. Market could rally another 10% from 1100 but if the dollar falls 8-9%, you've really only broken even. Therefore, instead of owning stocks, you might want to own ETFs to preserve your gains.
What to buy?
GLD(long gold ETF) or DGP (double long gold ETN)
No comments:
Post a Comment