Investing Opinion
Base Metal Demand Softens
The SPDR S&P Metals & Mining(XME) closed at $47.77 on Wednesday, up 130% from a March low of $20.81.
When investing in these equities, one must keep in mind the inherent risks involved. To help mitigate these risks and preserve equity, an exit strategy is important. According to the latest data from www.SmartStops.net, an upward trend in the previously mentioned ETFs could come to an end at the following price levels: DBB at $17.36 and XME at $44.13. These price levels change on a daily basis as market forces change and updated data can be found at www.SmartStops.net. -- Written By Kevin Grewal in Laguna Niguel, Calif.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
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