Eye on the Markets: Coronavirus Stocks/Investments thread

V

Valuist

EOG Master
The GDXJ, the ETF for Jr Gold Miners, has been on fire. I guess pretty much all of the gold stocks and ETFs have been on fire, although it seems that the GLD itself has lagged the others.
 
P

pro analyser

EOG Dedicated
Gld follows price of gold on comex and more of a consistent grind. Miners more of a gamble with bigger up and downsides. Think IAU better than gld. Basically same 1 cent spread with .25 vs .40 expense ratio.
 
WildBill

WildBill

2
Just weird speculation going on. REITs and banking stocks, those who would seem to benefit from an improving and recovering economy are going down, while commodities and oil seem to be recovering. Lots of things just aren't connecting right now, very leery of how much longer this can continue.
 
V

Valuist

EOG Master
WildBill said:
Just weird speculation going on. REITs and banking stocks, those who would seem to benefit from an improving and recovering economy are going down, while commodities and oil seem to be recovering. Lots of things just aren't connecting right now, very leery of how much longer this can continue.
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Probably not much longer. Incomes up from pre-pandemic, due to bloated unemployment, stimulus, and a lack of things to spend money on. Some got breaks on monthly rent. Couldn't travel or gamble. And food was basically limited to only takeout. The bonus unemployment ends soon, and may not be extended. Reality will set in and this is no V recovery.
 
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