Week in Review 4/13 – Gold Moves Thru $680

Another great week to be invested in commodities or commodity stocks.  The Precious Metals: Gold and Silver were up 1.5% and 2.5% respectively.  Platinum Group metal Palladium had a huge week up 7.0%.  Palladium is used in jewelry and is also an alternative to platinum in catalytic converters in automobiles.   Base Metals lead by Cooper continued to shine up 4.7%.  Base Metals have been on fire for awhile, but the new news was in old yeller’s move.

On Friday, spot Gold burst thru $680 a resistance level it has been struggling to conquer.  Is this the beginning a new run or another failed attempt?  After all, it moved thru $680 in February and now we are talking about this level again. 

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Gold’s last attempt thru $680 was from a much lower base.  If it can duplicate its feats from earlier this year – we could be looking at $720 Gold soon.  Only time will tell.

Oh yea, the other markets did well also:  DOW 0.4%, S&P 500 0.6%, NASDAQ 0.9%.  It’s not hard to see why I favor commodities.

So, how did the portfolios perform?

Fab 4:

Another great week for the Fab 4.  It tacked on an additional 2.2%; bringing its year to date return to 17.4%.  I realize that this won’t continue all year, but might as well enjoy it now.  Scorecard for the week reads:  BHP +2.3%, PBR +3.6%,  PCU +6.8% and HBM.TO -4.0%. 

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BBO:

I have to admit that the BBO (Big-Build Out) is one of my favorite strategies.  I created it 3 years ago to capture the global industrialization trend.  It is proving to be a winner again.  Year to date, the BBO is up 18.5%.  Although I typically only capture around 80% of its entire return, since I trade it on occasion, I’ll take it.  For the week the BBO was up 3.0%.

Real Money:

The Real Money portfolio reclaimed its lead v. the S&P 500.  Read here for more details.

BRIC:

BRIC had a solid 2.6% week.  It is slowing working its way back to positive territory.  I personally bailed on this strategy earlier this year and have been working on an alternative BRIC portfolio.  Read here for details.

Here are the rest of the regulars:

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SOX – Semiconductor Index
CEF – Gold and Silver Bullion ETF
CRESY – Argentine Beef, Grain and Farmland
GDX – Gold Mining Stocks ETF
GLD – Gold Bullion Exchange Traded Fund (ETF)
PHO – Water Resources ETF
USO – Oil ETF
BBO (Big-Build Out) – basket of 12 stocks critical to the industrialization of BRIC
BRIC – basket of 4 country ETFs: Brazil, Russia, India and China
Real Money – actual trades from one of my portfolios

Refer to the following links for more information on above stocks and portfolios:

SOX – Semiconductor Index
CEF – Gold and Silver Bullion ETF
CRESY – Argentine Beef, Grain and Farmland
GDX – Gold Mining Stocks ETF
GLD – Gold Bullion Exchange Traded Fund (ETF)
PHO – Water Resources ETF
USO – Oil ETF
BBO (Big-Build Out) – basket of 12 stocks critical to the industrialization of BRIC
BRIC – basket of 4 country ETFs: Brazil, Russia, India and China
Real Money – actual trades from one of my portfolios

Refer to the following links for more information on above stocks and portfolios:

GDX, CEF: Link
USO: Link
BRIC, BBO: Link
PHO: Link
Real Money: Link
Fab 4: Link

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