Are The Gold Miners Ready To Shine?

Are The Gold Miners Ready To Shine?

The Gold Miners ETF(GDX)is setting up well for a fresh rally leg.  The index has been is working on a higher monthly low in October after reaching new 2018 lows last month.  This noticeable divergence from the major equity indexes is quite interesting.  We consider...
Perspective

Perspective

Today the S&P 500 Index completed its 23rd (5% or greater) correction since the 2009 low.  That’s just over 2 such corrections per year.  Except for the current version, all of them have been long forgotten. Hat tip Charlie Bilello...
Nas 100 Futures

Nas 100 Futures

A couple days ago we put up a Weekly Chart of potential early signs of technical damage and maybe an eventual trend change in the Nasdaq.  More bleeding today so...
Stocks Versus Bonds

Stocks Versus Bonds

The view among traders that stocks will outperform bonds has reached extremely optimistic levels.  The gap between the two is at its widest level on record: The unwind of this positioning would cause some dramatic price movement.  Something’s gotta give. Hat tip...