We closed out the last week of summer with stocks and stuff (commodity related stocks) with the exception of oil closing higher. PHO outperformed all of our regulars. Water’s importance is unquestionable, but it will be interesting to see if it emerges as a leading investment commodity. My money is on that it will. September is seasonally a strong month for gold. If this past week is an indication, this will be an exciting month for gold investors.
Below are this week’s results of our regularly discussed stocks:
SOX – Semiconductor Index
GLD – Gold Bullion Exchange Traded Fund (ETF)
GDX – Gold Mining Stocks ETF
CEF – Gold and Silver Bullion ETF
USO – Oil ETF
PHO – Water Resources ETF
BRIC – basket of 4 country ETFs: Brazil, Russia, India and China
BBO (Big-Build Out) – basket of 12 stocks critical to the industrialization of BRIC
Refer to the following links for more information on above stocks.