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Higher lows since March - A breakout in May. Gold is an inflation barometer. The consolidation was healthy. Buying gold on dips has been a winning strategy for over two decades. Gold mining stocks tend to outperform on the upside. Time to get back in GDXJ. For furthe...
There's no sector with a clear breaking-up as the Materials sector these days. Commodity prices are soaring no matter when, or where, or who. Energy, agriculture, metals, construction, chemicals - you name it. If you don't feel the rising costs in your pocket as of yet, it's only a ma...
Gold prices finished lower after U.S. Treasury Secretary Janet Yellen said interest rates may need to "rise a little bit to make sure our economy doesn't overheat."Her comments contrast with Federal Reserve Chairman Jerome Powell's insistence that the central bank will is not considering rais...
Strengthening consumer demand mitigated the impact of ETF outflows as global economies continued to recover. Following the shock of 2020, jewellery demand recovered in Q1 but remained subdued compared with previous historical levels. Healthy growth in retail investor buying met wi...
With greater clarity on the sustainability of the economic recovery, we also saw the opportunity set across markets broaden to include sectors beyond those seen as the primary beneficiaries of an economic reopening. As expected, the recovery hasn't been smooth sailing for all, with su...
NUGT is for aggressive accounts and capital allocators only. Gold miners are quite inexpensive today vs. an overvalued stock market condition. 2x leverage to GDX, daily rebalanced, could be a big winner as the Federal Reserve pumps inflation higher in 2021. Gold miners may pro...
This young gold-stock upleg is accelerating. Speculators and investors are increasingly realizing that this sector’s powerful surge since early March is the real deal. So they are rushing to chase this momentum by redeploying in gold stocks. The more they buy, the faster the mi...
Gold rapidly slides to the downside in early trading, dropping to $1,775, erasing its weekly gains. Gold has slid down almost -1.5% over the past two hours. See the below chart.The above chart is a five-day hourly chart showing the quick selloff. Earlier this week, on Wednesday, gol...
At long last, the precious metal appears to be breaking out of its near nine-month consolidation period following a strong run in 2019 and the first half of 2020. From a sentiment perspective, gold is still being viewed relatively negatively on the whole. Seasonality also looks to...
Gold prices (XAUUSD:CUR) climb to near two-month highs, supported by sliding U.S. Treasury yields, and palladium (XPDUSD:CUR) rises to a record high on expectations that rebounding demand from automakers will exacerbate a supply shortfall.June Comex gold recently traded +0.9% to $1,794.60/oz....
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2024-06-13 14:40:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-06-01 22:36:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-03 05:50:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...