gracias gente
according the morningstar the average market cap is quite different:
iwm (russel 2k) 1.5 bn
vb (whatever): 2.8 bn
that's a big difference.
I'll have to think about that.
meanwhile, another round of all time highs - global stocks up 5.8% ytd now
another round of all time highs
global stocks at their highest price today were up 6.3% YTD
weird how higher oil prices aren't hurting stocks
I read somewhere that when there is instability in oil producing countries... buy the norwegian stock market because they are such a stable source of oil.
I did that when Russia invaded Crimea - I've made a quick 11%. Not sure if that is better than Europe in general.
another round of new highs for US stocks - not overseas tho.
Add Canada to that list?
Hot damn Canada too!
iShares MSCI Canada (EWC) -NYSEArca
32.03 Up 0.20(0.61%) 2:55PM EDT - Nasdaq Real Time Price
Maserati wrote:
Anybody making money on investing in metals in any way?
Yes, and looking forward to them getting moving up again in a big way. It is coming. I am so tempted by JNUG.
Despite his need to update about everything else, agip didn't tell us about his sell of his ETF gold at the end of May. At least, he should have, since his "system" was clearly saying sell. If he didn't sell, then it is quite clear that the systems he claims to follow are only something he pays lip service to & disregards their signals regularly.
agip wrote:
I have to sell my gold position today - took a 6.1% loss on it.
But it is firmly below its 200 day moving average on the last day of the month, so it has to go.
from May 30
This thread is just embarrassing now. Worst prediction on any topic ever here. I think it's time to put this one to bed.
The artificial hipster wrote:
When stocks go up, gold goes down. I wouldn't want to own any gold right now.
Both +5%
This is why I rely on professionals to manage my investments.
Flagpole wrote:
This thread is just embarrassing now. Worst prediction on any topic ever here. I think it's time to put this one to bed.
Think the K man might have something to the contrary to say. We've all been so wrong for so long, we just can't see it and can't bring ourselves to admit it.
England Fan wrote:
The artificial hipster wrote:When stocks go up, gold goes down. I wouldn't want to own any gold right now.
Both +5%
This is why I rely on professionals to manage my investments.
5% YTD? And please tell us what your pro has been doing with your money. Thanks.
Sometime within the next 5 years it will look prophetic...just a question of when!
yougottabekiddingme wrote:
Maserati wrote:Anybody making money on investing in metals in any way?
Yes, and looking forward to them getting moving up again in a big way. It is coming. I am so tempted by JNUG.
Despite his need to update about everything else, agip didn't tell us about his sell of his ETF gold at the end of May. At least, he should have, since his "system" was clearly saying sell. If he didn't sell, then it is quite clear that the systems he claims to follow are only something he pays lip service to & disregards their signals regularly.
I was tempted by jnug too so I bought it, but I am out now. Moved really far really fast. There will be another opportunity and in metals & good miners in due time.
I just got short the S&P 500 today. We will see how it goes.
England Fan wrote:
The artificial hipster wrote:When stocks go up, gold goes down. I wouldn't want to own any gold right now.
Both +5%
This is why I rely on professionals to manage my investments.
History suggests that if stocks continue to rise, gold will fall behind, since its price tends to fare best, in the words of Citigroup strategists, ”when attitudes toward corporate shares are weak.” That conclusion, at any rate, is based on Citi’s look at 128 years of relative prices.
2014 numbers support this. Gold rose through the first quarter while stocks struggled. The second quarter has been the reverse.
cordholdiosi wrote:
Sometime within the next 5 years it will look prophetic...just a question of when!
Agreed.
Flagpole wrote:
This thread is just embarrassing now. Worst prediction on any topic ever here. I think it's time to put this one to bed.
This will be another great quote to dig up at some point. Put it right next to the "Death of Equities" cover story.
another all time high for the SP 500 today
this market is so strange - boring as all heck but just keeps rising.
Housing news has been positive, so look for the rising trend to continue. Too bad for K5 and his protege.
Does anyone think the Dow will breach 17,000 this week?
Personally I think we'll see some resistance as we often do as indices approach these milestones.
U3O8 Believer wrote:
It's time to get in on uranium guys.
China, Japan, Germany are all ramping up nuclear energy. The U3O8 spot price has leveled off. Do it now. Don't wait.
I hope you waited - uranium stocks down aruond 4% since this came out on 5/28
Sally Vixxxens wrote:
Housing news has been positive, so look for the rising trend to continue. Too bad for K5 and his protege.
I had seen that in my neighborhood this year even as I kept hearing nothing but soft numbers from the housing market. Houses here had dropped about 20-25% from their peaks but have recently roared back to within about 5-10% of their peaks. Lots of folks like me are investing in home improvements again.