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The Makings of a Golden Snapback Rally

Thu, 09 May 2013 10:23:18 -0400

If you’ve waited patiently for signs of an oversold bounce, you’re in luck.

STTG Market Recap Apr 24, 2013

Wed, 24 Apr 2013 17:30:08 -0400

Tuesday was a quiet session of digestion and a quite stark rotation under the surface. Money moved from areas that has been leading the market for the past 8 weeks and into more aggressive sectors; if that can continue it would be a benefit in the intermediate term. The past few times this has happened it has lasted 1-2 days before those same sectors rolled back over. Both the NASDAQ and S&P 500 finished essentially flat on the session, almost to the penny. There was a poor durable goods reports in the morning but the market completely ignored it, as it has most negative news the past half year.

Original post: STTG Market Recap Apr 24, 2013

Bear of the Day: Agnico-Eagle Mines (AEM) – Bear of the Day

Wed, 03 Apr 2013 06:53:01 -0400

Bear of the Day: Agnico-Eagle Mines (AEM) - Bear of the Day

Gold Mining ETF Slump Continues – ETF News And Commentary

Tue, 02 Apr 2013 19:30:01 -0400

What's behind the big slump in the gold mining ETF space?

STTG Market Recap Mar 21, 2013

Thu, 21 Mar 2013 18:11:07 -0400

Another interesting session in the market as we ask "who is getting headfaked?" Unlike yesterday when all the world's ills were ushered away by Mr. Ben Bernanke, today market's sold off sharply again as if all of yesterday's bad news suddenly did matter - but just with a one day delay. While Cyprus remains in the news, there was decent economic news in the U.S. (weekly labor unemployment claims) and China (initial purchasing managers index) offset by more poor data out of Europe (weak purchasing managers index). But the weight of bad data points from Caterpillar, FedEx, and Oracle seemed to finally matter. The S&P 500 fell 0.83% and the NASDAQ 0.97%; the action was indeed disappointing considering yesterday's move in that there was no upside follow through.

Original post: STTG Market Recap Mar 21, 2013

Closing the Gold Gap

Tue, 12 Mar 2013 09:30:31 -0400

After averaging a record $1,669 an ounce in 2012, Bloomberg notes that gold is off to its worst start since 1988. But that’s nothing compared to what’s happened to gold miners… Mining stocks are having a no-good, horrible year. Prices of gold miners have fallen further and faster than physical gold in 2013, widening a performance gap nearly two years in the making. The Market Vectors Gold Miners ETF (NYSE:GDX) has shed more than 30% [...]

Closing the Gold Gap appeared in the Daily Reckoning. Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter.

Silver Miners, Gold Miners and the Price Of Gold

Sun, 10 Mar 2013 21:54:05 -0400

Silver and silver mining stocks are front and center for investors and active traders. Because of silvers high volatility (large price swings) it naturally attracts a lot of attention. First you have seasoned investors who are waiting for the right opportunity to get long or short for the next move. Then you have the active [...]

STTG Market Recap Mar 7, 2013

Thu, 07 Mar 2013 17:09:13 -0500

Stocks continue to consolidate Tuesday's gains via time (sideways consolidation) rather than price (a pullback). That is a win for the bulls. Economic data was relatively sparse and central banks did little except jawbone but the market continued its relentless march of 2013. The S&P 500 gained 0.18% and the NASDAQ 0.3%.Let's use the longer term charts today to see where things stand.

Original post: STTG Market Recap Mar 7, 2013

STTG Market Recap Mar 6, 2013

Wed, 06 Mar 2013 18:58:25 -0500

Stocks digested Tuesday's move well, with minor gains in the S&P 500 (+0.11%) and losses (-0.05%) for the NASDAQ. After a quick punch upward the pattern one wants to see is if the market can consolidate thos egains via time (going sideways) or price (falling back); the former is optimal for the bull case. Under the surface it was a strange day however as most of the leading sectors fell back or stalled while money flowed into beaten down or broken sectors - for example gold miners, coal, and steel. In economic news a positive employment data point from payroll processor ADP helped support stocks:

Original post: STTG Market Recap Mar 6, 2013

Gold and Silver Nearing MAJOR Long Term Support

Thu, 21 Feb 2013 06:11:28 -0500

Gold and silver along with their related miners have been under a lot of selling pressure the last few months. Prices have fallen far enough to make most traders and investors start to panic and close out their long term positions which is a bullish signal in my opinion. My trading tactic for both swing [...]

Mining ETFs Surge on Fed Decision – ETF News And Commentary

Thu, 13 Dec 2012 10:28:01 -0500

Markets were mixed after the Fed's decision, but mining ETFs surged.

Gold, Silver and Miners in Stage 1 Accumulation Mode

Sun, 02 Dec 2012 19:45:02 -0500

We don’t hear much about gold and silver anymore on the news. This time last year you could not go 5 minutes without a TV or radio station talking about them. Why is this? Simple really, precious metals have been building a Stage 1 Basing Pattern for the last 12 months. This boring sideways trading [...]

Time to Buy Junior Gold Mining ETFs? – ETF News And Commentary

Wed, 14 Nov 2012 11:11:01 -0500

Gold is back on track, should investors look to junior gold miner ETFs for more bang for their buck?

Canada’s Top Commodity Exports/Imports & How to Invest Accordingly

Thu, 08 Nov 2012 07:56:39 -0500

Canada has the 7th largest economy in the world and is the 2nd largest country by land mass. It has a wealth of natural resources, making it a large energy and minerals exporter. For commodity traders looking to invest primarily in North America, Canada presents a compelling opportunity. [This article takes a look at Canada's top commodity exports and imports and offers suggestions as how to invest in Canada's commodity industry.] Words: 905

Gold & Silver Streaming Companies Generate Greater Returns Than Any Other PM Sector! Here’s Why

Wed, 07 Nov 2012 00:14:14 -0500

Everyone knows that gold and silver have been on a tear over the past decade, outpacing gains in almost every other sector. Mining stocks have been hit or miss, offering incredible leverage during certain periods and under-performing the metals during other periods. However, one type of precious metals equity has been significantly outperforming both the metals and mining shares...[and that] is gold and silver streaming companies. Words: 2500

Gold Has Just About Bottomed: Now’s the Time to Buy, BUy, BUY! Here’s Why

Sat, 03 Nov 2012 10:48:46 -0400

If you aren't already in, this coming Monday or Tuesday (Nov. 5-6th) should represent an exceptional buying opportunity as gold moves into its final intermediate cycle bottom. Now that the 38% retracement has been breached I would look for a final exhaustion move to test the 50% level early next week as we move into the elections. Words: 284

Wall Street Sector Selector’s Daily Gold Report

Thu, 04 Oct 2012 20:50:43 -0400

Gold and gold ETFs put in a strong day as stocks rise Gold bulls continued their march higher today and followed stocks higher on relatively positive economic reports and ongoing support by central bankers’ easy money policies. The buying has bee...

Three Biggest Mistakes of ETF Investing – Investment Ideas

Thu, 20 Sep 2012 01:00:01 -0400

Three Biggest Mistakes of ETF Investing - Investment Ideas

ETF Winners, September 13th 2012

Thu, 13 Sep 2012 19:07:59 -0400

ETF Winners, September 13th 2012: VelocityShares Daily Inverse VIX Short Term ETN (NYSEARCA:XIV): +7.38% Market Vectors Gold Miners ETF (NYSEARCA:GDX): +5.02% iShares Silver Trust ETF (NYSEARCA:SLV): +4.38% Global X Uranium ETF (NYSEARCA:URA); +3.08% ...

Commodity ETFs in Focus as Fed Unleashes QE3 – ETF News And Commentary

Thu, 13 Sep 2012 17:45:01 -0400

Investors bought up commodity ETFs as the Federal Reserve deployed its latest round of QE on the marketplace.

ETF Losers, September 10th 2012 (XIV, BRF, EWZ, EWN, GDX)

Mon, 10 Sep 2012 20:58:59 -0400

ETF Losers, September 10th 2012: VelocityShares Daily Inverse VIX ST ETN (NYSEARCA:XIV): -5.60% Market Vectors Brazil Small-Cap ETF (NYSEARCA:BRF): -2.83% iShares MSCI Brazil Index Fund (NYSEARCA:EWZ): -2.15% iShares MSCI Netherlands Index Fund (NYSEA...

ETF Winners & Losers, May 3rd 2012 (HDGE, UNG, VXX, GDX, GAZ, JO)

Fri, 04 May 2012 00:25:01 -0400

ETF Winners, May 3rd 2012:AdvisorShares Active Bear ETF (NYSEARCA:HDGE): +3.56% United States Natural Gas Fund, LP ETF (NYSEARCA:UNG): +3.40% iPath S&P 500 VIX Short Term Futures TM ETN (NYSEARCA:VXX): +2.16%ETF Losers, May 3rd 2012:Market Ve...

Which Will Do Better in 2012: Gold Bullion or Gold Stocks?

Thu, 03 May 2012 19:14:15 -0400

One of the big debates of 2011 was whether the performance discrepancy between physical gold prices and gold equities was going to diverge back to normal. As you may recall, gold equities grossly underperformed gold bullion throughout 2011. For most of the year, gold prices traded anywhere between 15 to 40 percent higher than their equity counterparts. [How will 2012 end up? Here are my views.] Words: 700

GDX: Still Not Pretty

Thu, 03 May 2012 11:05:53 -0400

I last looked at the technical picture for the Market Vectors Gold Miners ETF (symbol: GDX) on March 22, 2012. At that time, prices were near $50, and I was concerned that the GDX would roll out of its trend channel and would proceed lower in a water...

How To Invest In Gold ETFs (GLD, IAU, SGOL, DGZ, GDX)

Sun, 29 Apr 2012 18:59:51 -0400

Since 2001, there has been a gold bull market with gold prices having risen steadily to extremely high levels per ounce. The increase occurred at the same time as U.S. debt continued to rise, thereby weakening the U.S. dollar as compared to other cur...

How To Invest In Gold ETFs (GLD, IAU, GDX, SGOL)

Thu, 05 Apr 2012 14:12:50 -0400

There is any easy way to invest in Gold: Exchange Traded Funds! If you have ever seriously considered investing in gold, you may have pondered the inconvenience of accumulating (and securely storing) physical gold. Most people who buy physical gold p...

6 Bull Market Sectors at Risk of Becoming the Next Big Bubbles

Thu, 22 Mar 2012 11:52:51 -0400

As those familiar with the basics of Austrian economics can attest, an increase in the supply of money and credit [often leads to] asset bubbles in whatever sector(s) the new money and credit find their way into. With the U.S. economy so robust it will not go down easily and, as such, there is still the possibility that the Fed's radical inflationary policies will not break the dollar, but just kick the can down the road one more time, and unleash one more bubble before the bill for 40+ years of monetary madness is finally due. What sectors are most likely to be the recipient of a bubble? [Let's look at the possibilities.] Words: 1212

GDX: Not Pretty

Thu, 22 Mar 2012 11:52:40 -0400

The technical picture for the Market Vectors Gold Miners ETF (symbol: GDX) is not pretty. See figure 1, a weekly chart. Figure 1. GDX/ weekly The pink and black dots are key pivot points, which are the best areas of buying (support) and sellin...

ETF Winners and Losers:3/14/12 (VXX, TBF, GDX, EDV, SLV)

Wed, 14 Mar 2012 21:02:05 -0400

ETF Winners and Losers for March 14, 2012 ETF winners today were focused in volatility and financials, while losers were in commodities. ETF Winners: iPath S&P 500 VIX Short-Term Futures ETN(NYSEARCA:VXX) +3.3% as the VIX rebounded from multi-year ...

Has The Junior Gold Mining ETF Lost Its Luster? – ETF News And Commentary

Wed, 07 Mar 2012 11:01:01 -0500

Gold ETFs have had a rough week losing much of their gains in this short time period. Yet, of the group, the junior gold mining ETF, GDXJ, has seen the worst of it, but why?

Precious Metal ETFs Slump On Bernanke Testimony – ETF News And Commentary

Wed, 29 Feb 2012 16:11:01 -0500

As Bernanke speaks, the precious metal ETFs listen. Unfortunately for the sector, they didn't like what they heard, selling off in response to the chairman's predictions on the economic environment.

Warren Buffett Warns Against Gold Bubble

Mon, 27 Feb 2012 11:02:22 -0500

Famed billionaire investor Warren Buffett warned investors of the dangers associated with gold and bonds in his recent annual letter to shareholders.The Chairman of Berkshire Hathaway (NYSE: BRK-A) (NYSE: BRK-B) said that he considered gold to be a m...

Gold ETFs Hit Hard By US Dollar (GLD, IAU, SGOL, GDX)

Mon, 06 Feb 2012 19:40:31 -0500

Gold and Gold ETFs were hit hard today as the US Dollars roseGold and Gold ETFs including the SPDR Gold Shares Trust ETF (NYSEARCA:GLD), the iShares Gold Trust ETF (NYSEARCA:IAU), the ETFS Gold Trust ETF (NYSEARCA:SGOL), and the Market Vectors Gold M...

iShares Launches Five Funds, Expands Commodity ETF Lineup – ETF News And Commentary

Fri, 03 Feb 2012 09:17:01 -0500

iShares is adding to its lineup of funds with five more commodity ETFs (VEGI, FILL, RING, SLVP, PICK).

Gold ETFs Continue Surge For Strong Week (GLD, IAU, GDX, UGL)

Fri, 27 Jan 2012 18:19:07 -0500

Gold ETFs continued their surge today to finish out a strong week Gold and Gold ETFs have risen to their 4th straight week of gains as lackluster GDP growth and Fed actions earlier this week likely spurred the gold bugs to buy the precious metal. The...

Gold ETFs Continue Party (GLD, IAU, GDX, UGL)

Thu, 26 Jan 2012 18:14:08 -0500

Gold Prices And Gold ETFs Continue To Party On Fed Actions Gold and gold ETFs continued the party today as the gold spot price increased .67% to close at $1719.90 per ounce while gold ETFs including the iShares Gold Trust ETF (NYSEARCA:IAU) and SPDR Go...

Gold ETFs Surge On Fed Outlook – ETF News And Commentary

Thu, 26 Jan 2012 09:17:01 -0500

Thanks to the Fed's latest moves, gold ETFs soared. In this article, we look at some of the big winners from the continuation of the Fed's ZIRP program into 2014.

Top ETF Gainers: January 19th, 2012 (RRF, SOXL, DUST, EUFN, EMT)

Thu, 19 Jan 2012 19:22:33 -0500

Today’s Top 5 ETF Daily Gainers for January 12th, 2012:WisdomTree Global Real Return Fund (NYSEARCA:RRF): +2.92 (6.62%) Direxion Daily Semiconductor Bull 3X Shares (NYSEARCA:SOXL): +2.15 (6.14%) Direxion Daily Gold Miners Bear 3X Shares (NYSEAR...

Gold & Silver ETFs Mixed On Fed (GLD, IAU, GDX, SLV, SIL)

Thu, 19 Jan 2012 17:05:51 -0500

Gold & Silver ETFs close mixed today as investors await possible Fed intervention and Europe action Gold and Silver ETFs including the SPDR Gold Trust ETF (NYSEARCA:GLD), the iShares Gold Trust ETF (NYSEARCA:IAU), the Market Vectors Gold Miners ET...

Did The Silver Bubble Burst? (SLV, SIL, GLD, IAU, GDX, QQQ, FXI)

Mon, 09 Jan 2012 18:30:58 -0500

Willem Weytjens: Gold bugs argue that Gold (NYSEARCA:GLD) is far from being a Bubble. Especially not when you look at the following comparison, which plots Gold’s (NYSEARCA:GLD) rise versus the Nasdaq’s (NYSEARCA:QQQ) rise in the 1990?s.Chart:...

Gold Mining Stocks Must Be Traded – Voice of the People

Mon, 09 Jan 2012 17:02:01 -0500

There will be times when the mining stocks will lag and other times when they will lead the price of gold.

Ten Best New ETFs Of 2011 – Best Performing ETFs

Thu, 29 Dec 2011 09:17:01 -0500

A look back at the year that was in the ETF industry. We highlight ten of the most interesting, novel, and best ETFs to hit the market over the past 12 months.

Twelve For ’12: Commodities ETFs to Watch In The New Year

Wed, 30 Nov 2011 18:22:18 -0500

On the heels of our popular “Eleven For '11” series that we ran late last year, we're upping the ante by one this time around. No, it's not the 12 days of Christmas, though some might say it is a 12-round title fight. ...

Five ETF Rivalries to Watch in 2012

Wed, 23 Nov 2011 14:41:26 -0500

Avid fans and observers of the exchange-traded products industry know that there are plenty of ETFs from issuer A that do the same thing as a fund from issuer B. The proliferation of so many “me too” ETFs means there are some neat ETF rivalries to ...

ETFs to Watch November 23, 2011

Tue, 22 Nov 2011 18:41:51 -0500

Here is the ETF Professor's ETF Watch List for Wednesday November 23, 2011.The Global X Silver Miners ETF (NYSE: SIL) and the Market Vectors Gold Miners ETF (NYSE: GDX) looked decent on Tuesday.The iShares Nasdaq Biotechnology ETF (Nasdaq: IBB) loo...

iShares Files for a Slew of New ETFs

Mon, 21 Nov 2011 13:51:23 -0500

BlackRock's (NYSE: BLK) iShares unit, already the world's largest ETF sponsor, has filed plans with the Securities and Exchange Commission (SEC) to possibly introduce 12 new ETFs, several of which will compete directly with existing products.iShares ...

ETFs to Watch November 14, 2011

Sun, 13 Nov 2011 15:37:15 -0500

Here is the ETF Professor's ETF Watch List for Monday November 14, 2011.The iShares Dow Jones US Oil Equipment Index Fund (NYSE: IEZ) is looking strong.Stick with gold in the form of the iShares Gold Trust (NYSE: IAU) or the Market Vectors Gold Min...

Bigger Isn’t Always Better With ETFs: Part II

Tue, 08 Nov 2011 14:56:24 -0500

Continuing with our series that we started on Monday, Benzinga continues to sift through the vast landscape known as the world of ETFs looking for funds that are large by assets under management, but that give up performance to comparable ETFs with sma...

ETFs to Watch November 8, 2011

Mon, 07 Nov 2011 19:10:29 -0500

Here is the ETF Professor's ETF Watch List for Tuesday November 8, 2011.The iShares Gold Trust (NYSE: IAU) and the ETFS Physical Silver Shares (NYSE: SIVR) are both looking stout, but don't forget about the Market Vectors Gold Miners ETF (NYSE: GDX)....

Gold Surges Off the Morning Lows – Voice of the People

Tue, 01 Nov 2011 17:30:01 -0400

Traders can easily see the bounce in all of the major stock indexes since the opening bell as gold led the move higher.