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Gdx: Is Oversold Really A Reason To Buy - Latest News
GDX: Is Oversold Really A Reason To Buy?
While the NYSE has gained 2% this year, the Gold Miners Index is currently down 20%. The Gold Miners Index continues to trade below its key weekly moving averages, and remains in a bear market. I cont... read more
GE Investors Lose Their Minds Over an Analyst 'Upgrade'
While that is an improvement for the stock is a neutral performing stock really a buying trigger ... Clearly, the stock is oversold on any short-term metric I run. A push to $8 would erase ... read more
What the smart money is buying as the market tanks
The VanEck Vectors Gold Miners ETF (GDX) has gained about 7% ... “People have started to think, ‘How much better can the news really get?’ The reasons to be as bullish are becoming less evident.” Dwan... read more
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Looking for a Diamond in the Rough? Take a Gander at GDX
As a matter of fact, the Market Vectors Gold Miners ETF (GDX) is one of only a few funds that were able to end Friday’s bloodbath in the green. Which brings us to yet another reason ... And, if you re... read more
A Relief Rally Is Shaping Up for Gold Miners, Just In Time For Christmas (GDX, GDXJ)
In case we are being too conservative, our optimistic upside targets would be GDX $23.50 and GDXJ $33.50. While mid to late December has been an excellent buy point ... close to as oversold as those f... read more
GDX: Buy And Hold Does Not Always Work
There has been no reason to buy a single share of Eldorado Gold ... While they may look cheap or oversold, momentum will ultimately dictate where they're going to go. Many gold companies just ... read more
Oversold Gold Miner ETFs May Have Opportunity to Rebound
Over the past month, the Market Vectors Gold Miners ETF (GDX ... Traders Really Hate Gold] Looking at bullion and miner charts, the selling pressure has pushed down the relative strength of gold and g... read more
Why Goldman Sachs Is Pounding the Table for Investors to Buy Commodities for the Rest of 2018
After a serious rut, now the Goldman Sachs Commodities Research is telling customers that it’s time to buy commodities ... What the firm is really suggesting is that many of the commodities have becom... read more
Rate Hike: Price It In
As I expected Wall Street has interpreted the weaker number as another reason why the Fed may not ... the reality is it really isn't a big deal. The FOMC has been increasing the federal funds ... read more
Gold and Palladium Shake Hands
But what does it really mean? And why should gold ... Fortunately, there is a way to use the above after all. The oversold levels of the gold to palladium ratio have shown more consistency ... read more
The Stars Are Aligning For A Big Gold Rally (GLD)
The 8-year chart for the GDX shows a large Head-and-Shoulders bottom ... and if it does it will present an even better opportunity to buy mining stocks at better prices. A big reason for gold getting ... read more
Ford Earnings Preview: Is a Low P/E and a High Dividend Enough?
The selling has really accelerated since ... The stochastic readings have been in oversold territory since July and the RSI has spent a great deal of time in oversold territory as well, so this develo... read more