FANG stocks in this capitalization weighted ETF , AMZN, FB, GOOG, GOOGL, NFLX, amount to 35% , hence is a crude, derived , proxy for whats going on in the heavy weights when taken together...
disclaimer... not an investing/trading recommendation
Uranium prices seems to have contracted and could soon provide a good and strong break out. The possibility of an upside break seems higher.
However, one must remember how this commodity has disappointed investors on several occasions in the past.
SPY getting strong support around 100SMA.
Market Makers playing to accumulate at lower prices. A Clear divergence between OBV and price change. Nothing to panic still.
www.cnbc.com
In 9 mts from JAN 2017 to SEPT 2017, the Index has peaked above 20%+ Growth.
Possibly this is what Warren Buffet been emphasizing, Investing for long term in Index ETF's.
Global X Social Media ETF (SOCL). ETFs are a great way to play market trends, since they give you exposure to multiple companies that are driving the action but don’t carry the same risk that can come from holding a single name. In SOCL’s case, social media’s biggest names serve as its top 10 holdings, including FB, TWTR and China-based Tencent (TCEHY). Not only...
The Global X Millennials Thematic ETF (MILN) is designed to benefit from the rising spending power and lifestyle preferences of this generation. It’s made up of companies that encompass everything from social media and entertainment, to education and employment, to travel and mobility. Its top holdings include the heavy hitters you’d expect — Apple (AAPL), eBay...
There has been price squeeze in GDX for quite sometime.
It appears that either this price squeeze is complete or
getting close to completion.
Trading idea - Buy GDX at cmp (21.80), stop loss 18.68, target 27.42
