Category Archives: ETF Analysis

Return and Volatility of a Few Proxy ETFs

The IShares US Real Estate ETF (IYR) has the highest YTD return at mid-range volatility while the Global X Social Media Index ETF (SOCL) has a negative return at high volatility. The SPDR S&P 500 (SPY) and the PowerShares QQQ are competing … Continue reading

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A Not So Surprising Drop in Gold Prices

Although some analysts thought yesterday’s drop in precious metals was surprising, there were plenty of technical warnings that a correction was looming. As a matter of fact, last Friday we warned about the possibility of a bull trap in GLD. Share

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Gold ETF in Rare Sideways Price Action

The 12-day sideways price action in GLD has confined prices in a tight range and it is quite rare because it has occurred only twice in the past, in November of 2004 and April of 2005, before the start of the multiyear … Continue reading

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Bonds Are Selling off but Biotechnology is Rallying

Biotechnology stocks are rallying with IBB performance YTD being close to 17%. On the other hand, bonds are selling off with TLT correcting -2.2% in the last two days. Share

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This is What Happens to Naive Technical Analysis

Most technical analysis indicators lag prices significantly and most simplistic chart patterns are too obvious to be profitable. Recent price action in GLD is an example of the fate of naive technical analysis. Share

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Metals is Risky Business

Some say that successful investing is the art and science of managing risk. The reason then that investors have reduced their exposure to precious metals is that they pose higher risks to their portfolios than other assets. Share

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An Island Reversal Squeezes Out Death Cross Shorts in Gold

This blog has warned about a short squeeze coming in gold in this June 11 post. It is interesting how an island reversal, which is a classical chart pattern, invalidated a 50-200 moving average death cross and a descending triangle. Share

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