the Gold Miners etf (GDX) is down about 13% in 2014, but playing a little catch up today, up 7% to Gold up ~4%. There was an interesting options trade in Newmont Mining (NEM) earlier today when the stock was trading around $19.15, …
This could be indicative of interest in the Gold Miners ETF in the wake of a muddling stock and bond market. This is merely an observation and does not imply that the bear market is over with! Before anyone gets too bullish, GDX need to prove …
Looking inside the zoom box panel on the right, this is the start of the move I thought we might get a few weeks ago. Here is the GDX. Look at the soaring SCTR. This bodes well for a continuation move. I mentioned on the Canadian …
Market Vectors Gold Miners ETF (NYSE:GDX) traded up 1.01% on Monday, hitting $22.94. The stock had a trading volume of 33,134,961 shares. Market Vectors Gold Miners ETF has a 1-year low of $18.58 and a 1-year high of $31.79. …
Given that the GDX is still beneath its (now declining) 200-day simple moving average (SMA), I'm obviously no more interested in buying the stock today that I was in late February. However, I believe we've come quite a bit further in our …
(Source: Seeking Alpha, July 21, 2015.) Gold Mining Stock Trade at Steep Discounts One valuable metric that perfectly highlights the devaluation of gold miners is the GDX-to-Gold ratio, taken by dividing the price of a mining ETF by the …
The majority of stock indices in the states are doing great this year and ... On 1/5/2017 patterns suggested that Miners ETF’s GDX and GDXJ could do very well going forward, due to a potential multi-year reversal pattern (Head & Shoulders …
In the chart above, we plot the ARMS Index for the broad stock market inversely so as to make the indicator ... more than a few days by the widely watched Gold Miners ETF (Symbol: GDX), would be exceptionally bullish. We are also bullish …
The ETFs have done even better over the past month, with GLD up nearly 5% and GDX up more than 10%. AngloGold is up about 1.5% in pre-market trading, to $37.12. The stock’s 52-week range is $13.37-$40.27, putting today’s early price …
In our timestamped Weekly ETF Pick from Feb.14, 2013 we wrote to our readers: “The Market Vectors Gold Miners (GDX) has lagged both the broader U.S. stock market along with the SPDR Gold Shares (GLD) by a very significant margin. …