Update: US Dollar (UUP), Gold (GLD), Oil&Gas (DIG), Financials (UYG)
A diversified portfolio should have protection against inflation, interest rate changes, sector concentrations that go hot or cold, and regional / global exposures. To that end, we're following four particular ETF's. So, what is happening with the U.S. dollar, Gold, Oil & Gas, and Financials (and their respective shorts)?
Year-to-Date (YTD):
U.S. Dollar {very weak}
UUP; -10.5%
UDN; +09.8%
Gold {at or near all time high}
GLD; +37.1%
GLL; -54.9%
Oil {still only a 3rd of it's all time high}
DIG; +22.2%
DUG: -49.8%
Financials {recovering from all time lows}
UYG; -05.7%
SKF; -76.4%
Is the dollar going to continue weakening? Will gold keep climbing? Is this another bubble?
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