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Market Commentary
ETF Trading Update: PALL GDXJ SIL OIH SMH JJG INP JJC SOXS KOL
Date: 11/17/2011
ETF Trading Update (VIDEO) PALL GDXJ SIL OIH SMH JJG INP JJC SOXS KOL. In this
ETF Market Commentary Video
we'll cover the yearly gains in PALL and how it's been a short ETF and it's given back all it's yearly gains.
We'll cover the GDXJ and how hedge funds are being forced to liquidate the name from it's overbought conditions.We'l cover the SIL another nice breakdown in the silver space and we're seeing margin call selling from it's previous resistance levels.
OIH had a great rally off the bottom but was a nice short at resistance and we're seeing a daily breakdown below key moving averages.
CORN & GAS got killed to day, we'll cover the JJG & JJC and how it was a short at resistance.In this live ETF update will cover recent ETF trends in global markets.
We'll be covering the ETFS Physical Palladium Shares (PALL), Market Vectors Junior Gold Miners ETF (GDXJ), Global X Silver Miners ETF (SIL), Oil Services HOLDRS (OIH), Semiconductor HOLDRS (SMH), iPath DJ-UBS Grains TR Sub-Idx ETN (JJG), iPath MSCI India Index ETN (INP), iPath DJ-UBS Copper TR Sub-Idx ETN (JJC), Direxion Daily Semicondct Bear 3X Shares (SOXS), Market Vectors Coal ETF (KOL).
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