THE POWERDIGGERS ETF INDEX is one of the more original club indexes. It is non-cap weighed and at its most general looks at companies that create energy, extract resources, as well as the commodities themselves. This is an index where GLD is found next to OIL. XLE (Energy Select Sector SPDR) stands next to XME (S&P Metals and Mining). And to top it off PBW (Clean Energy), PHO (Water) and TAN (Solar) give the index even further dimension. The INDEX itself is used to calibrate the Neural Network which generates trading signals for each of the INDEX's components.
MARKET NEWS
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31 minutes ago TORONTO - Mantis Mineral Corp. (CNSX:MYN) has granted an option that allows Fieldex Exploration Inc. (TSXV:FLX) to acquire up to a 60 per cent interest in five mining claims at a lithium-tantalum deposit near Cochrane, in northeastern Ontario. 33 minutes ago March 10 (Reuters) - Natural gas provider Clean Energy Fuels Corp reported a narrower-than-expected fourth-quarter loss, helped by a substantial increase in gasoline volumes sold and lower operating expenses. 40 minutes ago March 10 (Bloomberg) Premier Gold Mines Ltd. , owner of deposits in Canadas Red Lake district with Goldcorp Inc. , said it may spin off one of its newer properties to boost the assets value. 43 minutes ago Metals X has forced its Chinese partners to pay unspecified penalties for delaying settlement on the $50 million purchase of half the Perth miner's Tasmanian tin operation. 44 minutes ago Crude oil for April delivery settled 60 cents, or 0.7% higher at $82.09 a barrel after a promising government inventory report. |
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