Brooke Thackray
SPDR Metals Mining ETF
XME-N
TOP PICK
Feb 28, 2011
Metals Mining ETF. Metals/mining has a positive seasonal trend at this time of year. Also looking good technically. This sector has out performed the S&P 500 over the last 21 years up until May 5th.
(A Top Pick Feb 28/11.Down 0.91%.) Metals Mining ETF. Season trade for this is from October to January and from mid January to Beginning of May. He exited in May.
Is it a good time to go into the mining sector? He uses XME which gives exposure to a broad number of mining types. He would not be inclined right now. But in the next 12 months he expects them to have bottomed out.