Trading Yamana Gold (AUY)

Comments: AUY has periods of in line performance with the HUI, followed by periods during which AUY strongly outperforms the HUI. I believe that AUY recently completed a period of outperformance of the HUI, as you can see in the chart above. Accordingly, even if the HUI rockets up, I think AUY will only follow in-line with the HUI, at least for a while. The period of in-line performance seems to last about 6 to 8 months.