Several new inclusions in each "proprietary"
portfolio. Cayden, Roxgold, Pinetree, Torex, and Detour
in the "A" / JR port , and TAHO and SBGL in the "B" / SR
port. AG gets the boot as the only underperformer relative to
the index. MUX and KOR are on watch. The rest are
doing well. Additions were made based on relative
strength, recent cash raises, adding leverage, and company
outlook.
The A / GDXJ_CMNY_JR (as it's sometimes called) returned
44% YTD. Not bad as gold went to 900, and good for 3rd place
in the ETF world behind JO and a short metals fund.
A suggested strategy is to trade / accumulate in these leaders,
and hedge intermediate term with long puts / put spreads , short
call , call spreads, and , for short periods of time,
DUST. As this year has shown, as per usual, duds remain
duds for extended lengths of time and what looks like an
opportunity can be dudly.
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GDX CMNY JR AND SR UPDATES
Posted by cmunny on 3rd of May 2014 at 11:51 pm
Several new inclusions in each "proprietary" portfolio. Cayden, Roxgold, Pinetree, Torex, and Detour in the "A" / JR port , and TAHO and SBGL in the "B" / SR port. AG gets the boot as the only underperformer relative to the index. MUX and KOR are on watch. The rest are doing well. Additions were made based on relative strength, recent cash raises, adding leverage, and company outlook.
The A / GDXJ_CMNY_JR (as it's sometimes called) returned 44% YTD. Not bad as gold went to 900, and good for 3rd place in the ETF world behind JO and a short metals fund.
A suggested strategy is to trade / accumulate in these leaders, and hedge intermediate term with long puts / put spreads , short call , call spreads, and , for short periods of time, DUST. As this year has shown, as per usual, duds remain duds for extended lengths of time and what looks like an opportunity can be dudly.