Hedge Funds Get Ultra Bullish On Metals (XME)

From Zacks: Metals are riding high on favorable demand-supply dynamics and a subdued greenback. Powershares DB US Dollar Index Bullish Fund (UUP – Free Report) is off about 9.7% so far this year and has lost about 1% in the last one month (as of Sep 19, 2017). Since most commodities are priced in the greenback, a dip […]

These Mining Equities Outperformed At The End Of 2016

From Zacks: At the final leg of 2016, the year which spelt gloom for the broader market initially and cheers later, we can safely spot a few sectors that did surprisingly well. Among the surprising winners, the metal and mining sector has outperformed the market (read: 5 ETFs Up Over 100% This Year).

Interesting Options Activity Picks Up In XME

The XME (SPDR S&P Metals & Mining, Expense Ratio 0.35%, $913 million in AUM) has turned in a stellar year thus far in terms of delivering over 108% return in terms of year-to-date performance and pulling in more than $325 million in new assets via creations, and we have seen an uptick in options volume […]