Companies

VanEck Gold Miners ETF

NYSE ARCA: GDX
$81.33
▼ $2.62 (−3.12%) today
Markets closed · 10:33pm ET

Latest Activity

A 21-session swing of 80 percentage points in miners trading below their 50-day average is the kind of washout that usually precedes a sharp bounce or a deeper break. Anyone holding gold equities finds out which this week.

Gold stocks have rarely been this oversold. ~92% of stocks in the gold miners ETF, $GDX, are now trading below their 50-day moving average, the highest proportion since late July. This figure has risen +80 percentage points in just 21 sessions. Furthermore, 90% of stocks in https://t.co/iELU7EV549
  • Replies5
  • Reposts3
  • Likes28

GDX Coverage

12:50pm ET
ETF

DUST Drops 13% as Gold Miners Rally Hard

Gold miners are tearing higher on blowout earnings and record-near gold prices, leaving one popular inverse fund in freefall and raising serious questions about what compounding decay does to traders caught on…

Danielle Liverance
11:57am ET
ETF

NUGT and AGQ Jump Big as Gold and Silver Rally

Gold and silver sparked a chain reaction across leveraged ETFs today, but the mechanics behind those eye-catching percentage gains tell a more complicated story about what these instruments actually deliver over time.

Danielle Liverance