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Post-Election Breakouts to Trade: Apple, GLD, SLV, USO, and IWM

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The big question is: When will gold and Apple shares bounce?

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Silver Spot – iShares Silver Trust ETF (NYSEARCA:SLV)

The price of silver moves similar to that of gold. While the charts look the same, silver is highly volatile and can super-charge your portfolio when metals rally.



Crude Oil Spot – United States Oil Fund ETF (NYSEARCA:USO)

Crude oil has been correcting for a couple months as well and still has a lot of work to do before a new uptrend is triggered. Currently oil is trading in the middle of its trading range, but once the price breaks above $93 per barrel, a good investment fund would be USO.



Russell 2000 Small Cap Index (NYSEARCA:IWM)

Small cap stocks typically lead the broad market in both directions. They are the first to rally and the first to rollover and sell off. The major indexes like the Dow (INDEXDJX:.DJI), S&P 500 (INDEXSP:.INX) and NYSE (NYSE:NYX) have not formed clean chart patterns, which is why my focus is on the Russell 2000. Small cap stocks are now showing a rising relative strength compared to the S&P 500 large cap stocks and this is very bullish for stocks in general. The best way to trade this index is through the exchange traded funds IWM and Direxion Daily Small Cp Bull 3X Shs ETF (NYSEARCA:TNA).



Post-Election Trading Breakout Summary:

In short, history shows that equities tend to rally after an election. For a detailed outlook of how to trade stocks and indexes during the election cycles, be sure to read my report, The Election Cycle – What to Expect in Stocks & Bond Prices.

Editor's Note: Chris Vermeulen offers more content at his sites, TheGoldAndOilGuy.com and Traders Video Playbook.
No positions in stocks mentioned.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

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