We close our trade on KBE (US Banks), which was recommended to sell on 12/10, with a gain of +15.8%, as markets looks now oversold with growing volatility.
We close our trade on GDXJ (US Gold mining), which was recommended to sell on 10/29, with a loss of 2.1%, which corresponds to the positive relative performance of gold as markets worries about overall GDP growth.
We close our trade on TINM (TIN), which was recommended to sell on 11/26, with a loss of 3.2%, which corresponds to the positive relative performance of Tin, in the wake of gold, as markets worries about overall GDP growth.
We close our trade on CC1 (ETF China), which was recommended to buy on 12/03, with a loss of 8.7%, in the wake of the sharp correction on world markets due to a more hawkish tone than expected by the FED.