by Steve LeBlanc | May 27, 2016 | Blog
The United States Oil Fund (ETF) ($USO) is headed for another higher finish for this week. The ETF rose more than 1.5% this week. Google Finance USO has gained almost 36% in the last three months as oil prices have bounced back sharply. The question though is whether...
by Steve LeBlanc | May 27, 2016 | Blog
It has been a disappointing week for the Market Vectors Gold Miners (ETF) ($GDX). As sentiment continues to weigh against gold, GDX is headed for more than 6% loss for the week. Google Finance As I noted earlier, it is the right time to take profit on GDX. While gold...
by Steve LeBlanc | May 27, 2016 | Blog
The SPDR S&P Metals and Mining (ETF) ($XME) has had an excellent run this year. Year-to-date, $XME is up more than 42%. But as the U.S. dollar has strengthened lately, XME has seen a pullback. Google Finance XME rallied earlier in the year as commodities rebounded...
by Steve LeBlanc | May 27, 2016 | Blog
The U.S. dollar has ticked higher today. In fact, the dollar index is now headed for its best monthly performance since November. The PowerShares DB U.S. Dollar Index Bullish ($UUP) is up more than 1% in the last one month. Google Finance The dollar has been gaining...
by Steve LeBlanc | May 27, 2016 | Blog
It has been another solid week for the biotech sector. The SPDR S&P Biotech (ETF) ($XBI) is headed for another sharply higher finish for the week. Google Finance The sector has been helped by some spate of good news for individual biotech companies this week. The...
