I’ve done an update to my ideas page. (members click here). Once again, this week’s write-up includes specific equity, ETN, and ETF commentary. I include this to show what specifically I am looking at on a risk/reward basis as well as idea generation that can then be applied to your own investments and risk analysis. Here’s a sample from today’s update:
Gold was then $1050. Today gold is at $1250 even after the 3rd rate hike. The strong dollar crowd is still way to crowded and investors should be watching REAL yields, not nominal. The 5 yr REAL yield is at -.16 bps vs +.43% when the Fed first hiked rates back in December 2015. The gold idea can be played via PHYS, SLV and the miner etf GDX. As for the individual miners, I like GG and NGD in particular. See my comments below on oil and oil stocks which I included under the ‘commodity’ section.
If you are not yet a member, feel free to check out your options on the membership page or take a 10 day trial:
And ask us on the chat box in the lower right corner for any help or if any membership coupons are available.
Peter is the Chief Investment Officer at Bleakley Advisory Group and is a CNBC contributor. Each day The Boock Report provides summaries and commentary on the macro data and news that matter, with analysis of what it all means and how it fits together.