My indicator was down today, but not broken. One sector is in critical danger. The financial sector made a new O today, indicating an increasingly volatile and bearish environment. The buywrite/index ratio is rising (bearish), but it approaching a falling 10sma (bullish). This breakout in the HUI/GOLD is bullish for gold stocks, so I’m buying…
The Buywrite Index has been crushing Buy ‘N’ Hold strategies for months. Will the BXM:SPX ratio find resistance @ the 10sma? Gold miners haven’t lost much ground to gold, which I interpret as a bullish signal. Long LSC and short commodities is one of the best strategies I can see. Up almost 20% since this…
Take a look at the spread between LSC and DJP starting in late June 08. Clearly this post is a little late to the party, but… WOW. LSC is an ETN that replicates a technically traded long/short commodities index. It offers a compelling advantage over other commodities ETN’s like DJP, and thus I will keep…