Out of the gate this morning both GLD and GDX are the biggest losers in the Lazy Man Portfolio while XLB (the LM Pick of the Week) is running up nicely. In the ongoing ruminations of whether to trade XLB or DBC as a commodity play, DBC is currently up .09% while XLB is up 1.07%. Our decision some time ago to focus capital on XLB in lieu of DBC has (so far) been a good choice. End of the month is fast approaching with big POMO on the 28th and 29th and May 2nd. If that doesn’t drive the markets higher it will be more than surprising.
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