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The following are updates to the Fund Model:
Mutual Fund Model
Added: RYAUX & RYBIX
Adjusted Stop: None
Stop Hit: None
Watch List: None
Added on 3/25:
RYAUX - Rydex Utility fund is a play on the dividend (6.5%) as well as the growth of the sector. The selling in relationship to Japan was not rational and we added the play for a short term outlook (3-9 months). Manage the risk accordingly short term.
RYBIX – Rydex Basic Materials fund gives exposure to the material stocks as they bounce off support. The outlook remains positive short term. Manage your risk accordingly, but give some room for volatility.
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