Oil continued to rally and gold continued to fall since our update yesterday. As shown below, USO and DBO are the two best performing ETFs from the 200+ we track over the last five days. Gold miners, silver, and precious metals generally have been the opposite side of the coin, absolutely crushed as gold tests its 200-DMA. Utilities, long-term bonds, mortgages, and other carry proxies have gotten absolutely demolished over the past week as well.
Bespoke provides Bespoke Premium and Bespoke Institutional members with a daily ETF Trends report that highlights proprietary trend and timing scores for more than 200 widely followed ETFs across all asset classes. If you’re an ETF investor, this daily report is perfect. Sign up below to access today’s ETF Trends report.
See Bespoke’s full daily ETF Trends report by starting a no-obligation free trial to our premium research. Click here to sign up with just your name and email address.