Metals and Mining Stocks: Is the Worst Over?
Broader equity markets have whipsawed this year. The SPDR S&P 500 ETF (SPY) fell sharply last month. SPY has risen 3.8% YTD (year-to-date) based on the closing prices on November 5. While the broader market indices are still in the green for the year, metals and mining stocks have been a different ballgame.