Second Quarter Basic Materials Big Movers That Are Worth Buying and Selling

Seeking Alpha reports on buy and sell ideas based on analysis of the Basic Materials SPDR Fund after it moved down 1.6 percent during the June quarter.

The market news is quoted as saying,

Novagold Resources Inc. (NG), a Canadian company engaged in the exploration and development of mineral properties in Alaska and British Columbia, that was down 29% for the quarter; Golden Star Resources Ltd. (GSS), a Canadian International gold mining and exploration company producing gold in Ghana, West Africa, that was down 26% for the quarter; North American Palladium (PAL), a Canadian Company engaged in the production of palladium and other base metals in two mines in Ontario and Quebec, Canada, that was down 37% for the quarter.

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