Mining Stock Trading Book : Mining stocks List and Long-term forecast




Meaning of terms :
▷ BUY the Dip : The current price is higher than the entry price. Buy when price drops to/below the entry price.
▷ BUY the Breakout : The current price is lower than the entry price. Buy when price breaks upward through the entry price. ( When price moves above the entry price level.)
▷ SELL the Bounce : The current price is lower than the entry price. Sell when price rebounds to/above the entry price.
▷ SELL the Breakdown : The current price is higher than the entry price. Sell when price breaks downward through the entry price.  (When price moves below the entry price level.)


Mining Stock Trading Book : Mining stocks List and Long-term forecast
NYSE:HUI HUI Gold Index (= NYSE Arca Gold BUGS Index) :
BUGS = Basket of Unhedged Gold Stocks. Ticker symbol of the Index is "HUI" and the Index was developed with a base value of 200.00 as of March 15, 1996. It is modified equal dollar weighted index of mining companies and the Index currently consists of 15 of the largest and most widely held public gold production companies. The Index was designed to provide significant exposure to near term movements in gold prices by including companies that do not hedge their gold production beyond 1.5 years. The HUI Index and Philadelphia Gold and Silver Index (XAU) are the two most watched gold indices on the market. The main difference between them is that the HUI Index takes into account only gold producer stocks whereas the XAU Index includes both gold and silver producers.

NYSE:GDM GDM Index (NYSE Arca Gold Miners Index) : The NYSE Arca Gold Miners Index is a rules-based index designed to measure the performance of highly capitalized companies in the Gold Mining industry. Full Names : NYSE® Arca Gold Miners® Index. Eligible Stocks : Common stocks, ADRs, or GDRs of selected companies involved in the mining for gold and silver ore and are listed for trading and electronically quoted on a major stock market that is accessible by foreign investors. Number of Constituents : Variable. Weighting : Modified Market Capitalization, not adjusted for Free Float. Review of Composition : Announced Quarterly in March, June, September, and December after the Close of the secondFriday of the Month. Base Date : December 19, 2002. Base Level : 500.00.