An ETF that invests in industrial metals and mining companies.
AI-generated insights about SPDR S&P Metals & Mining ETF from various financial sources
A specific pair trade mentioned was long the XME (Metals and Mining ETF) and short the QQQ (Nasdaq 100 ETF), which is seen as a potential multi-year trade.
Personally long. Believes the leadership in the metals and mining sector will continue for the next couple of years and the trade is in its 'first or second inning'.
A specific pair trade mentioned was long the XME (Metals and Mining ETF) and short the QQQ (Nasdaq 100 ETF), which is seen as a potential multi-year trade.
Personally long. Believes the leadership in the metals and mining sector will continue for the next couple of years and the trade is in its 'first or second inning'.