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Category: Exchange-traded fund

What’s The Message?

What’s The Message?

Market analysis doesn’t need to be too complicated to be good, and probably simpler is better.  Heck, we have just spent the past 12 months listening to every analyst, commentator and pundit under the sun tell us why this market is the buy of the century, and when I look at the numbers, I note [...]

August 31, 2010 | 0 Comments More
Market Vectors Gold Miners ETF: Forming A Top

Market Vectors Gold Miners ETF: Forming A Top

Figure 1 is a weekly chart of the Market Vectors Gold Miners ETF (symbol: GDX). The pink and black dots represent key pivot points or areas of support (buying) and resistance (selling). There are two bearish signs that point to GDX forming a market top. Figure 1. GDX/ weekly Bearish sign #1 is the double [...]

July 23, 2010 | 0 Comments More