SPDR S&P Metals and Mining (ETF)
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Constant Gravitational Attraction to Metals and Mining
By Jeff Stouffer - May 14, 2013 | Tickers: AA, CLD, CMP, CNX, XME
My ongoing search for investment strategies for my clients leads me to programs that absolutely do not work and may never, regardless of brand name and the people behind them. One such program is the SPDR S&P Metals & Mining ETF (NYSEMKT: XME). This exchange-traded fund, born on June 19, 2006, has posted a series of negative returns. The one-year return is -19.31%, the three-year return is -11.35 more »
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6 Reasons to Short (Some) Commodites
By Federico Zaldua - May 6, 2013 | Tickers: CROC, XME, SMN
The commodities super-cycle boom is now over ten years old. I expect commodities to remain at historically expensive levels, but I think the boom is over. Actually, I think there are enough reasons to be short those commodities that are tightly tied to China's investment cycle, above all mining commodities. Below, you will find six reasons to explain why you should be wary:
1) A ten year period of more »
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GE Shifts from Thai Banking to Myanmar Infrastructure
By Peter Pham - October 8, 2012 | Tickers: CAT, KO, GE, JOY, PEP, XME
General Electric (NYSE: GE) has sold 7.6% of its 32.9% stake in Thailand’s Bank of Ayudhya Pcl for $462 million and is reviewing bids from Singapore’s OCBC and Malaysia’s CIMB for the remaining 25%. Ayudhya is not in bad shape and, according to Citigroup, its profits are likely to double in two years, after increasing by 115% since 2008, due to an increase in demand more »
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How to Profit from the Fed´s Money Printing Policies
By Andrés Cardenal - September 17, 2012 | Tickers: MOO, DBA, DBC, GLD, XME
The cards are on the table; it seems like we will have large amounts of money flowing into the US economy for a very long time, and this will have important implications for global assets prices. Needless to say,it will also affect your portfolio.
There are some real questions regarding how positive such measures will be for actual economic growth, but one effect of all this liquidity is much more »