The metals are clearly in play. It’s time to start looking at the miners with the lowest risk profiles.
Molycorp and Freeport both look good against today’s low. Put these on a buy on a break list, against today’s lows.
NEM…this one has already flown the coop.
REE…(Rare Earths) Blast from the past… this ETF has bottomed and worth putting on your buy dips watch list. This is the ultimate Risk ON ETF…earlier in the year we did very well trading this off the swings in the S&P 500 Futures. Most of the time this ETF led the price action in the Equity Index Futures.
