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GDX
Gold: The Correction Is Over, Buying Opportunity Remains
Gold recently went through a healthy, textbook 10% correction. It wasn't just gold, as silver corrected be roughly 20% and many mining stocks got hammered at the same time.
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Navigating The Reflationary And Deflationary Forces - Michael Gayed Talks With Alpha Trader (Podcast)
This week's Alpha Trader podcast features hosts Aaron Task and Stephen Alpher talking with Seeking Alpha contributor and editor of The Lead-Lag Report, Michael Gayed.
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Warren Buffett Makes History, Changes Course On Gold Miners
Warren Buffett’s negative stance on the precious metals space has been well-documented throughout his monumental career as one of the world’s greatest investors.
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A Sharp Market Selloff Looms Amidst A Historic Capital Rotation
Investor enthusiasm has become ebullient in the broader stock market and the bond market. Absolute valuations and relative valuations are trading at extreme levels.
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Energy And Materials Dashboard For August
An industry dashboard with metrics of value, quality and momentum. Value and quality scores relative to historical averages.
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Treasury Market Dissonance
The Treasury market is exhibiting odd behavior, likely explained in part by the Federal Reserve's intervention in that market.
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A Needed Correction For Gold, But The Bull Lives On
Gold's latest pullback was a response to recent U.S. economic recovery.
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Gold Miners In A Gold Bull Market
The performance that we're seeing this year - gold is up something like 20 plus percent, and the stocks are up over 40 percent - it's exactly the kind of performance we would expect in this environment.
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Caledonia Mining: Another Dip Buying Opportunity
Caledonia Mining recently declined from $28 to $18, causing many investors to fear the rally is over. Despite its meteoric rise, Caledonia's forward P/E valuation is nearly unchanged since the rise in the price of gold will nearly double its income over the coming months.
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Gold May Have Topped Out After Historic Uptrend
Gold may have topped out after mounting $2,000, but it could offer a buying opportunity during a dreaded "second wave."
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Gold Stocks Regain Luster After Sharp Sell-Off
Gold recently suffered through one of the worst five-day periods in recent memory. It suffered the worst day since June 2013 this past Monday, while the major gold stocks that comprise the Van Eck Gold Miners ETF (NYSEARCA:GDX) fell even more. A pullback was probably healthy given the hot rally in gold. Selling begets opportunity, though. Time to use the 10% drop to mine some profits.Source: Shutterstock InvestorPlace contributor Chris Tyler recommended three metal stocks Wednesday in his excellent analysis. Rather than going with individual names, I am looking at a selection of the stocks that comprise GDX.Heavyweights Newmont Mining (NYSE:NEM) and Barrick Gold (NYSE:GOLD) comprise 25% of the overall weighting. Canadian-based gold stocks account for roughly 44% of the ETF, while the U.S (18%) and Australia (14%) check in at numbers two and three.InvestorPlace - Stock Market News, Stock Advice & Trading TipsI like the diversity from a risk standpoint. A portfolio of different stocks across multiple countries will have lower volatility than buying an individual name. Fundamental Focus on Gold StocksEric Fry of Fry's Investment Report wrote an in-depth analysis of the gold market in a recent research report. The main focus was on the unrelenting money printing being enacted both in the U.S. and worldwide. * 8 Cheap Stocks to Keep on Your Short List Mr. Fry notes that the U.S dollar is at two-year lows and U.S debt to GDP stands at a rather astounding 123%. Given this backdrop it is difficult not to be bullish on the yellow metal. Plus the money printing and monetary easing continues unabated. The fundamentals certainly support higher gold prices and higher gold stocks. Technical TakeSource: Source: The Thinkorswim® platform from TD Ameritrade Gold stocks have gone from overbought to oversold in a matter of days. GDX stock reached the lowest readings on MACD since the novel coronavirus crisis lows before firming. Momentum has also gotten to extremes of pessimism but has turned higher. Bollinger Band Percent B traded at a negative number but has since moved back into positive territory. The last two times the indicators were this oversold marked major intermediate-term lows.GDX stock is still trading above the 50-day moving average at $37.99. There is major downside support at the $39 area which held twice. The price action yesterday was encouraging as both gold and gold stocks regained some traction. A move back to fill in the gap at $42.50 now seems likely. Comparative ContrastSource: Source: StockCharts.com Normally GDX stock and gold tend to be highly correlated which makes intuitive sense. Since reaching the highs in early August, however, that correlation has broken down considerably. Gold stocks are now under-performing physical gold by nearly 4% over the past 20 days. Look for that relationship to begin to converge with gold stocks outperforming gold over the coming weeks.I noted earlier I like the lower risk aspect of using an ETF versus an individual stock. I also like lowering my risk by using option spreads instead of buying GDX stock at current levels. A preferred way to position to be a buyer on further weakness is by selling an out-of-the money bull put spread.Sell GDX December $33/$30 put spread for 65 cents net credit.Maximum gain on the trade is $65 per spread with maximum risk of $235 per spread. Return on risk is 27.66% 0r 101% annualized. The short $33 strike price provides a 18.77% downside cushion to the $40.63 closing price of GDX stock.As of this writing, Tim Biggam did not hold a position in any of the aforementioned securities. Anyone interested in finding out more about option-based strategies or for a weekly option and volatility newsletter can visit the Options and Volatility Newsletter website. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * America's 1 Stock Picker Reveals His Next 1,000% Winner * Revolutionary Tech Behind 5G Rollout Is Being Pioneered By This 1 Company * Radical New Battery Could Dismantle Oil Markets The post Gold Stocks Regain Luster After Sharp Sell-Off appeared first on InvestorPlace.
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Gold: Prepare For Unprecedented Volatility
With the continuing economic crisis triggered by the pandemic, our analysis shows that gold could be looking at moving up to $2037 short term.
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Barrick Gold: A Crowded Trade Unwinds
I have been bullish on precious metals equities since late 2015 and early 2016, with a bullish public article on Barrick Gold in May of 2018.
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What are the safest investments during a bear market?
Here are the investments that carry the least amount of risk during a bear market and how they can be used to hedge against falling stock prices.
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Silver has spiked recently, following Gold’s momentum: Strategist
Gold price hit record highs on Wednesday. George Milling Stanley, State Street Global Advisor Chief Gold Strategist joins Yahoo Finance’s On The Move panel to weigh in on how gold is faring amid the pandemic.
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‘Gold is going higher’ despite recent surge, says investor who’s managed a precious-metals fund for a quarter-century
Caesar Bryan of the Gabelli Gold Fund says investors need the yellow metal as an insurance policy against the coronavirus crisis.
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Gold And Gold Stocks Enter Autumn Rally Season
Gold and gold stocks are entering their strong season, starting with their autumn rally mostly in August and September.
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Growth Is Gone, Yet The Rally Remains
GDP growth in the United States has fallen at an annual rate that surpasses the worst declines in the country’s history.
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Gold Becomes An Alternative Currency To The U.S. Dollar
We are not worried about the market coming down short term. Don’t be deterred by pullbacks.
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Gold - The Currency Of Last Resort
Since I first wrote about my reasons to hold gold in the beginning of 2019, the precious metal has appreciated nearly 50% in value.
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Robinhood.Com - A Potential Game Changer For Gold And Silver Investment
The rise of no-commission, simple-to-use, brokerage platforms could have an enormous impact on the much more thinly traded precious metals equities.
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Antero Midstream Has Outperformed All Other Midstream Firms Year-To-Date
On February 20th, 2020, I published an article on Antero Midstream. Since then, shares are higher by 26.9% on a total return basis, with the S&P 500 lower by -4.3% over this time frame.
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Antero Resources Is A Generational Buy: Working Through The Near-Term Debt Maturities
On February 19th, 2020, I published an article on Antero Resources, calling the company, and the prevailing share price, a generational buy.
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Gold Makes Record High And Targets $6,000 In New Bull Cycle
While we advocate holding some physical gold, it has been mining stocks that have generated the best gains in 2020.
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My Favorite Ways To Bet On Gold
This is an article I wrote after receiving a question about how to get gold exposure cheaply. I've been in the camp of people advocating for some gold exposure in a portfolio.
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The End To U.S. Dollar Hegemony Has Arrived
With gold at an all-time high, the U.S Dollar appears to be entering a clear inflationary bear market.
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Gold miner stocks charge broadly higher as gold prices reach records
Shares of gold miners were broadly higher Monday, boosted by the continued run up in gold prices to record highs. The VanEck Vectors Gold Miners ETF jumped 4.5% in midday trading, putting it on track for the highest close since January 2013, as all 55 components gained ground. Among the more-active U.S.-listed components, shares of Harmony Gold Mining Co. rose 1.7%, Hecla Mining Co. climbed 4.4%, Gold Fields Ltd. hiked up 8.2%, Coeur Mining Inc. ran up 8.1% and Newmont Corp. rallied 3.0%. Gold futures rose 1.9% to $1,934.10 an ounce, as investors flocked to the save-haven metal amid fears over how the COVID-19 pandemic will hurt the global economy and a weak U.S. dollar. Meanwhile, the S&P 500 gained 0.5%.
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NovaGold: Investing In Gold That Is Pre-Buried
Gold is considered a hedge against currency risk. NovaGold is a long term leveraged gold investment that has an undeveloped high grade asset in Alaska.
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Why Gold May Be In For A Fall This Summer
I have been a vocal gold bull since the onset of the COVID recession. I have lightened up on the metal and all gold mining stocks recently.
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Investing In Gold: What, Why, And How
Gold has been on a tear and its momentum is likely to continue. It is an excellent safe haven store of value and diversifier of stock market risk.
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Alaska Gold Mines: 2019 Actual And 2020 Forecast Production
Alaska is a major gold-producing state so it benefits investors to understand the companies that operate there.
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When The Mainstream Goes Bullish On Gold It's Time To Buy
Investors and analysts now seem to agree that we will see a gold rally. Gold is often shunned by investors, but the yellow metal has delivered solid returns over the last 20 years.
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Fee Cut Further Increases Appeal of VanEck Merk Gold Trust (OUNZ)
VanEck and Merk Investments are lowering the sponsor's fee for the VanEck Merk Gold Trust (OUNZ); OUNZ provides option to take physical delivery
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Energy And Materials Dashboard For July
A dashboard with metrics of value, quality and momentum in most industries. Value and quality scores relative to historical averages.
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Gold: The 9-Year Cycle Projects $1,833 - $2,007 Targets
2002 was the beginning of the SARS pandemic and, although it was not as critical as the COVID-19 pandemic, it was a major turning point for gold.
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3 Ways You're Probably Mismanaging Your Portfolio During COVID-19
Don't buy COVID-19-related pharma stocks. They're more bark than bite, that is to say, they're all hype.
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The Best-Performing Gold And Silver Miners YTD: July 2020
This article presents the 50 best-performing gold and silver mining stocks year to date. We also look at miners with the highest revenue growth estimates this year.
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How COVID Panic Can Be Leading To A New 'Goldilocks' Scenario
COVID may be peaking in the US this summer, and if it is not, its share of mind amongst investors may have peaked.
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Gold Miners The Only Action In Town: Pal
An odd flatness has characterized the market for the past month as markets hold steady and not much is moving.
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The Gold Rally Is Approaching A Speed Bump
Gold and precious metal miners have delivered strong performance this year due to Federal Reserve monetary policy.
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Inflation Of The Everything Bubble Continues
S&P 500 futures gapped up Wednesday morning, and are now trading above the critical 3,200-3,220 level.
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How Investors Need To Position Themselves For Reaganomics 2.0 In The Post-COVID-19 World
A large trade deficit and budget deficit should lead a country to ruin, but why was that not the case with Reaganomics? Interestingly, it was the major global economic events in the 1970s that both set the stage and led up to the fiscal, monetary, and foreign policies of the 1980s.
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Charting a bull-trend whipsaw, S&P 500 nails next resistance
Technically speaking, the U.S. benchmarks have registered a mid-July market whipsaw, writes Michael Ashbaugh, pressured at least briefly amid the month’s first real selling pressure.
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The Monetary Death Spiral Stubbornly Persists
The paradox at the heart of the MDS is that more debt leads to lower, rather than higher, interest rates. It also results in lower inflation.
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Why The Everything Rally Could Continue
The S&P 500 continues to move closer to ATHs. Better than anticipated bank earnings could set the market up for a stronger than expected Q2 reporting and forward guidance.
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3 Catalysts To Take S&P 500 Lower: Biden Veep, Tesla, Next Stimulus Bill
The higher we get, the more concerned I get for the overall health of the trading environment. For the S&P 500, 3,233 is the high-water mark.
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Gold Is Still Undervalued
Gold recently broke a critical resistance level at $1,800/oz. The gold to S&P ratio tells us that the precious metal is still undervalued.
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Gold Stocks Blast Higher
Despite gold stocks blasting higher, their upleg likely still hasn’t run its course. The majority of their massive post-panic gains were merely a mean reversion out of extreme anomalous lows.
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Gold Passes $1,800 Mark For The First Time Since 2011, ETFs See Increased Inflows
Gold prices surpassed the $1,800 mark for the first time since 2011 on Wednesday as a resurgence in coronavirus infections sends investors toward safe haven investments.The Gold Landscape: The environment is still looking very good for gold and gold miners, Arnaud du Plessis, portfolio manager specializing in precious metals and natural resources at CPR Asset Management, says in an emailed note."Central banks are staying on full alert as the resurgence of COVID-19 in some parts of the world is creating fears of a second-wave. This unique situation is generating growing interest in the barbarous relic, in the form of both the physical metal and gold-mining stocks able to offer investors potentially very significant performance leverage," says Plessis.The profit outlook for the gold mining sector is continuing to improve, he says"Twelve-month profits have been revised up by more than 84% year on year, thus supporting the market trend. The substantial upwards revision of the average gold prices forecast for 2020, which now stand at $1,670/oz versus $1,554/oz at the end of March and $1,500/oz at the start of the year, have contributed to this trend." Gold-Backed ETF Assets: The enthusiasm for physical gold is as strong as ever judging by the exponential growth in total gold-backed ETF assets, which reached new heights in June at 3,201 tonnes, says Plessis."The equivalent of 86 tonnes was added in June, for example 622 tonnes since the start of the year, close to the record set in 2009 (644 tonnes for the full year). Note that the 385 tonne increase in assets in the second quarter of 2020 is the largest since 2016, " adds Plessis.Fosterville South (OTC: FSXLF) CEO Bryan Slusarchuk says gold is a store of wealth, a hedge against uncertainty and a currency."We are in a period of quantitative easing infinity and are seeing monetary and fiscal stimuli like never before. There is huge printing of all paper currencies right now and as the saying goes, the Fed can't print more gold. So, inherently, gold is becoming more valuable every day," he says.Price Action: The SPDR Gold Trust (NYSE: GLD) was up 0.63% at $170.10 at last check, while the VanEck Vectors Gold Miners ETF (NYSE: GDX) was up 1.78% at $38.40.Related Links:Barrick Gold Reports Q2 Earnings BeatMining Sector Hit By Coronavirus Lockdowns, Silver Production WallopedSee more from Benzinga * Gold Rally Stalls As Prices Settle Around ,700, Analyst Expects Further Pullback * Strategist Expects Gold, Silver To Gain As Pandemic Panic Subsides(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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5 ETFs & Stocks to Tap Gold's Best Quarterly Gain in 4 Years
Gold topped $1800 per ounce for the first time since 2011, having gained nearly 17% in the quarter. This marks the biggest quarterly gain since 2016
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Gold And Silver Miners Are Surging
March was a disastrous month for precious metals miners that took a major hit when COVID went viral in the US. Since that time, the stocks have recovered nicely
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Gold Summer Doldrums 3
Gold summer doldrums in modern bull years have usually proven much milder than feared. The seasonal weakness tends to be compressed into early June. Gold and go
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The Case For $3465 Gold
Monetary expansion, declining real yields, geopolitical risk and declining central bank credibility are often used to determine the direction for gold. Since go
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Equinox Gold And Its Aggressive Growth Story
Equinox Gold has been on a growth spree via mergers and acquisitions during the past few years as company leadership executes its aggressive growth plans. Equin
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GDX Vs. SGDM, Where To Go For A Gold Miner ETF
Gold and precious metal miners have been on fire recently. The VanEck Vectors Gold Miners ETF offers broad market access to miners of precious metals. The Sprot
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Now Is The Time For Bearish Conviction, There's More Downside In Stocks
Surging COVID-19 is cases only adds to several headwinds for the economic recovery, highlighting ongoing risks for stocks. Data shows the U.S. and global econom
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Gold Going From Strength To Strength
I alerted subscribers of my marketplace service on June 18 that XAU/USD looked on the verge of breaking out higher. XAU/USD has since rallied from $1726 to $177
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Second COVID Wave? Analysis And Updated Investment Strategy
An imminent second COVID wave remains a serious threat, but it may be fully priced in by now. There are both bad and good things happening, but what I see is th
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Gold Stocks Still Undervalued
Gold stocks still look undervalued relative to gold today despite their massive post-stock-panic upleg. Ratios of gold-stock prices to prevailing gold levels re
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Gold Mining Equities - Solid Performance In A Volatile Market
Recent changes in the macroeconomic and geopolitical environments have made both bullion and precious metals equities more attractive in the eyes of many invest
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GDXJ: Recent Money Trends Could Prove Beneficial To Junior Gold Miners
Gold has proven to be a very good performing asset class this year due to fears surrounding the market and the money printing that central banks have been engag
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An Introductory Investment Thesis For Gold And Silver
Several recent crises have redirected retail investor focus into gold and silver. The nature of Central Bank monetary policies enacted on account of these crise
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If Gold Breaks $1,750, The Short Squeeze Is On
The COT reports from September 2010-2011 suggest gold's price action back then was a swap dealer (bullion bank) short squeeze, as gold rose 55% in that time. To
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A Value Investor Buys Gold
Value investors have traditionally avoided gold due to the superior long-term economics of owning pieces of businesses in the stock market. Despite the attracti
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Gold Will Feed Off Renewed COVID Fears
The yellow metal is strengthening again as virus-related fears increase. Even with competition from equities, investors have refused to sell gold. Gold mining s
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3 Gold Stocks With Recent Insider Buying (And Selling)
Insiders have been buying shares of company stock recently. Insiders at several mining companies have also been selling some shares as well, however. I break do
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Why Do You Still Not Own Gold?
Year-to-date, gold and the HUI (an index of gold producers) are outperforming the S&P 500 Total Return Index by a significant margin. Trillions of dollars have
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Save Your Capital: Avoid Touching Leveraged ETFs
The desire to short equities is high in today's market. Using inverse bear ETFs seems like a simple way to express a bearish view. Avoid the trap of using lever
GDX
What Does A 'Second Wave' Of COVID-19 Mean For Investors?
The stock market recovery made more progress on Friday, but the latest COVID-19 data is increasingly raising concerns that a second wave (or just another crest of the first wave) of infections could be imminent as the U.S. economy opens back up. If those concerns ultimately result in another economic lockdown, some of the best-performing stocks since the March bottom could once again take the biggest hits.On Thursday, the U.S. reported 27,700 new coronavirus cases, and the seven-day average for new cases is up 15% compared to a week ago. Cases in 27 different states are up at least 5% week-over-week, according to Johns Hopkins University.If the U.S. economic reopening gets derailed or a second wave of COVID-19 slams the nation, it's likely many of the same stocks that underperformed during the initial downturn will also be hit by a second wave of selling.Benzinga is covering every angle of how the coronavirus affects the financial world. For daily updates, sign up for our coronavirus newsletter.Strongest And Weakest COVID-19 StocksBy far the hardest-hit sector of the market from the February peak to the March bottom was the energy sector. From Feb. 19 to March 23, the Energy Select Sector SPDR (NYSE: XLE) dropped 57%, the SPDR S&P; Oil & Gas Explore & Prod. (NYSE: XOP) dropped 60.5% and the VANECK VECTORS /OIL SVCS ETF NEW (NYSE: OIH) declined 70%.While the selling was broad-based during that time, some market sectors held up relatively well, especially compared to energy stocks. The VanEck Vectors Gold Miners ETF (NYSE: GDX) was down just 26.2%, the Consumer Staples Select Sect. SPDR (NYSE: XLP) was down 24.5% and the iShares NASDAQ Biotechnology Index (NASDAQ: IBB) was down 21%.If a second wave of coronavirus once again results in a steep drop off in oil demand, underperforming stocks like TechnipFMC PLC (NYSE: FTI) and Noble Energy, Inc. (NASDAQ: NBL) could be some of the hardest hit. In addition, cruise stocks like Norwegian Cruise Line Holdings Ltd (NYSE: NCLH) and Carnival Corp (NYSE: CCL) were also among the worst-performing stocks during the initial wave of coronavirus infections.Finally, retail stocks like Coty Inc (NYSE: COTY) and Nordstrom, Inc. (NYSE: JWN) were crushed during the first round of brick-and-mortar store closings.Benzinga's TakeThe economic and market reaction to a potential second wave of COVID-19 outbreaks will ultimately hinge on two factors.The severity of the wave will likely be the primary factor, but the willingness (or potential lack thereof) of business leaders, politicians and consumers to shut down the country a second time will also play an important role in the economic impact of a possible second wave of coronavirus.Do you agree with this take? Email feedback@benzinga.com with your thoughts.Related Links:How The COVID-19 Drop Has Potentially Set Up 'Another Long Economic Expansion'2020 S&P; 500 Recovery Rally 'Closely Tracking' 2009 ReboundSee more from Benzinga * This Day In Market History: The Dell IPO * Micron Option Trader Bets .5M On 5% Upside Ahead Of Earnings * Wall Street Weighs In On Spotify's Kim Kardashian West Podcast Deal(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Gold: Reasons To Stay Bullish On The Metal, And On Some Miners
I have been bullish on gold since at least early March. Fundamentals supporting the uptrend remain in place and enhanced. Gold, in my opinion, is a good asset f
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Gold: Emerging Markets, Next Black Swan
Comments on Friday from the Fed president supported the prices for precious metals when he said, “More support is likely to be needed from both monetary and fis
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Get Ready for a Gold Rush: ETFs in Focus
The second wave of coronavirus contagion hints at the gold rush.
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Gold Prices During The Great Depression
Understanding gold prices and historical events during the Great Depression can help provide a more informed opinion on what could happen in today's macro envir
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JNUG Stock is a Terrible Investment For Most Types of Traders
The stock market's recent volatility has brought about a new generation of traders who use low-cost brokers in order to place trades via apps. But with many of the barriers to trading removed, quite a few novice traders have decided to dive in the deep end using complex investment vehicles to make a quick buck. Increasing interest in Direxion Daily Junior Gold Miners Bull 2X ETF (NYSEARCA:JNUG) stock is a perfect example.Source: Shutterstock Data from millennial-favorite trading app Robinhood shows that JNUG was one of the app's most popular ETFs, with more than 43,000 investors adding it to their holdings. The platform also noted that it believes its users could make up a significant portion of the leveraged ETF's holders. Why JNUG is Riddled With RiskLeveraged ETFs are often regarded as sophisticated investment vehicles that should be left to the pros, or at the very least, seasoned day-traders. There are a few reasons for that, one of them being the discipline and understanding investors need in order to use them properly. InvestorPlace - Stock Market News, Stock Advice & Trading TipsAs InvestorPlace's Tezcan Gecgil laid out in detail earlier in May, JNUG isn't a simple bet on gold. It tracks the MVIS Global Junior Gold Miners Index and aims at delivering a 200% or -200% return for that index each day. Importantly, the 'single day' aspect of JNUG's leverage means it's not a stock you can add to your portfolio and hold on to because the losses will add up. * 7 Great Biotech Stocks to Buy and Hold Now Plus, the gold miners JNUG is investing in are some of the riskiest in the business. Add in ongoing gold price volatility and you have a recipe for a nail-biting investment vehicle that isn't worth the headache for 9 out of 10 retail investors. First Time Traders Dive in DeepWhat's troubling is the fact that Robinhood's user base is primarily made up of retail investors. In fact, the firm even claims most of them are trading stocks for the first time ever. It's hard to imagine any scenario in which Robinhood's traders should be picking up JNUG stock -- unless they're day traders.The lockdowns gave people more time to take an interest in their financial health, and many have pursued investing as a result. But the sudden leap into risky investments like JNUG stock and bankrupt rental car company Hertz (NYSE:HTZ) has been unexpected.Anecdotal evidence suggests that some of the interest comes from ex-sports betters who are used to taking on a great deal of risk. This brand of traders is best characterized by Dave Portnoy of Barstool Sports, who has been trading since the March crash and updating followers on his bets via videos uploaded to social media. Leave Gambling Out of ItAs I mentioned before, there's definitely a market for JNUG stock, but not a huge one. And certainly not one for first-time retail traders. The leveraged ETF is better left to more experienced traders who have the time and dedication to use it in addition to other investment vehicles.Robinhood and the plethora of other low-cost trading platforms have been a huge step forward in making investing more accessible to the masses. But the flip side of that coin is that many people are taking on a huge amount of unnecessary risk. While it can be tempting to make big, risky bets in hopes of a large payoff, for the average investor, slow and steady growth is the best strategy. Find Another Way to Buy GoldIf buying gold for protection is your aim, JNUG stock couldn't be further from the goal. Instead, there are a lot of ways to use gold as a defensive play in your portfolio. SPDR Gold Shares (NYSEARCA:GLD) is an ETF that tracks the performance of gold bullion itself. There are others like the Sprott Gold Miners ETF (NYSEARCA: SGDM) that offer exposure to mining companies. For those who are interested in taking on a bit more risk (but perhaps not as much as JNUG stock has to offer), there's the VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDX). Laura Hoy has a finance degree from Duquesne University and has been writing about financial markets for the past eight years. Her work can be seen in a variety of publications including InvestorPlace, Benzinga, Yahoo Finance and CCN. As of this writing, she did not hold a position in any of the aforementioned securities. More From InvestorPlace * Why Everyone Is Investing in 5G All WRONG * Top Stock Picker Reveals His Next 1,000% Winner * The 1 Stock All Retirees Must Own * Look What America's Richest Family Is Investing in Now The post JNUG Stock is a Terrible Investment For Most Types of Traders appeared first on InvestorPlace.
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Sector ETFs & Stocks to Explode as Fed Remains Dovish
Low rates are a boon for high-yield sectors such as utilities and real estate as well as the dividend paying securities.
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Gold Mining Stocks Dig in at Support
Gold prices remain underpinned by favorable longer-term fundamentals. Trade large-cap gold miners using these three tactical ideas.
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The secret behind gold's stunning surge
Here's why gold prices are on fire.
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3 Top Trades As We Head Into the Last Week of May
Each week I try to identify a key theme that defined the movement in stock prices over the past 5 days. But unlike many investors, my searching isn't based on news, it's based on price.The charts tell the tale, if investors are keen to listen. This week's exercise revealed clear rotation going on beneath the market's surface, and directed me to these top trades for your consideration.The first part of the shift was money flowing out of leaders and into laggards. Large-caps have long been leading the market recovery, while small-caps have lagged.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBut not this week! The switcheroo saw little guys pick up the torch and lead their bigger brethren to victory. As of Thursday's close, the S&P; 500 was only up 3% but the iShares Russell 2000 ETF (NYSEARCA:IWM), which represents small-caps, was up 7.3%.The second shift is partially related to the first. Stocks benefiting from the novel coronavirus saw profit-taking while economically sensitive equities (like small-caps) surged. That's a welcome development that points to risk appetite continuing its return. * 7 Excellent Penny Stocks Ready to Roar Here's the silver lining. If you've been waiting for a dip before buying companies outperforming during the Covid-19 crisis, then here's your chance. These three stocks have attractive setups that make them top trades for the week: * Netflix (NASDAQ:NFLX) * Citrix Systems (NASDAQ:CTXS) * Newmont Mining(NYSE:NEM)Let's take a closer look at their respective pullbacks and build trades to profit. 3 Top Trades for the Week Ahead: Netflix (NFLX)Source: The thinkorswim® platform from TD Ameritrade Netflix is the type of no-brainer stock that should leave investors who didn't buy during the March crash kicking themselves. NFLX was bound to do well during a time when content-hungry consumers were ordered to stay home.Netflix was one of the first stocks to recover and has since gone on to record highs. This week's rotation saw profit-taking strike the streaming king even as the rest of the market rallied.The pullback tested the rising 20-day moving average and held on Thursday. But even if the stock dips further, I think you have to view the weakness as a golden opportunity to get in on one of the top trades in the market at lower prices. Since it's always wise to have a plan in case you're wrong, I suggest watching $400 or the 50-day moving average as your line in the sand. If we push below that, then I'd change my bullish tune.Its higher price tag makes NFLX stock a great candidate for bull put spreads. We can create a wide profit zone in case the retreat continues before buyers emerge.The Trade: Sell the June $395/$300 bull put spread for around 90 cents. Citrix Systems (CTXS)Source: The thinkorswim® platform from TD Ameritrade Citrix Systems has been among those tech stocks seriously benefiting from the work from home trend. Its share price was up 40% year-to-date before the recent drop.This week's selling did inflict damage to the overall trend by jamming shares below the 50-day moving average. It's the deepest retreat we've seen in CTXS since March, so I suspect some would-be buyers are hesitant.The reason I don't mind putting money to work here is twofold. First, we can wait for the stock to return above the 50-day before pulling the trigger. That will invalidate the breakdown and return CTXS stock to a healthy status.Second, the underlying themes driving CTXS haven't changed this week. And that makes me believe this is a simple correction, rather than the beginning of a trend-ending sell-off. We can deploy a strategy that gives the stock some room to flounder and still profit. * 7 Excellent Penny Stocks Ready to Roar The Trade: Sell the June $125/$120 bull put spread for 70 cents. CTXS options aren't that liquid, so you must use limit orders. Newmont Mining (NEM)Source: The thinkorswim® platform from TD Ameritrade Gold and gold stocks have been on fire this year. Economic upheaval and the printing of trillions of dollars is breathing new life into the bullish thesis for owning precious metal related products. And the Vaneck Vectors Gold Miners ETF (NYSEARCA:GDX) has more than doubled from March lows.As one of the largest players in the space, Newmont Mining has been riding the rising tide. It even came within a whisper of all-time highs, which is incredible given that the sector fund (GDX) is still 50% off its peak.NEM stock's leadership makes it a top trade pick if you're looking for exposure to the yellow metal. Buying an outperforming stock in an outperforming sector means you're betting on the strongest possible candidate.This week's rotation saw profit-taking strike and is creating a classic buy-the-dip opportunity. Every pullback this year has been a great chance to buy, and I see no reason why we should view this one differently. If you want to increase your odds of success, I like selling naked puts. You're essentially getting paid for your willingness to acquire the stock.The Trade: Sell the June $60 put for around $1.45.For a free trial to the best trading community on the planet and Tyler's current home, click here! As of this writing, Tyler didn't hold positions in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post 3 Top Trades As We Head Into the Last Week of May appeared first on InvestorPlace.
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Be Careful Using Leveraged JNUG Stock to Buy Gold
In 2020, one of the most trusted asset classes has possibly been gold, with the shiny metal up about 13%. One way to play the recent gold rush is a leveraged exchange traded fund, such the Direxion Daily Jr. Gold Miners Bull 2X ETF (NYSEARCA:JNUG). Year-to-date, JNUG stock is down about 87%.Source: Shutterstock JNUG tracks the MVIS Global Junior Gold Miners Index (MVGDXJ). And it seeks a 200% or -200%, i.e., 2X, of the return of this benchmark index for a single day. This daily leverage gives JNUG certain characteristics that may make it a rather inappropriate long-term holding for most retail investors.Let's see why.InvestorPlace - Stock Market News, Stock Advice & Trading Tips JNUG Stock is a Leveraged ETF (LTEF)Many investors are familiar with a wide range of exchange traded funds that enable them to track the price of the commodity. Examples include the SPDR Gold Shares (NYSEARCA:GLD) or SPDR Gold MiniShares SPDR Gold MiniShares (NYSEARCA:GLDM). Year-to-date, they are up 14% each.There are also investment funds that invest in various miners, such as the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) or the VanEck Vectors Junior Gold Miners ETF (NYSEARCA:GDXJ). In 2020, they are up 23% and 12% respectively. * 7 Excellent Penny Stocks Ready to RoarIt is important to remember that JNUG stock is a leveraged exchange traded fund (LTEF). Two of the most popular LTEFs include JNUG and the Direxion Daily Gold Miners Bull 2X ETF (NYSEARCA:NUGT). And leverage makes the long-term performance of both JNUG and NUGT differ than the performance of the underlying assets. Similar to JNUG stock, NUGT is also down 55% so far in the year.Put another way, although GLD, GLDM, GDX and GDXY are up considerably so far in 2020, the same is not true for either JNUG or NUGT. Similarly, MVGDXJ, the index that JNUG tracks is up 13% in 2020.Over the past five months, these leveraged exchange-traded funds have not at all performed like the ETFs that track either the commodity of various gold miners.This discrepancy in long-term returns is due to the daily leverage used. How Leveraged ETFs WorkA 2X leveraged ETF like JNUG stock is structured to be constantly 2X leveraged on a daily basis. This 2X long LTEF needs to buy every day underlying asset prices go up, and sell when they go down.The leverage is achieved through the use of rather sophisticated financial instruments, such as swaps, futures, and options. However, the daily resetting involved in JNUG stock is rather complex and makes it a no-go as a long-term holding. The compounding effects of daily returns work against long-term investors.JNUG stock also has a "bear inverse" ETF, i.e., Direxion Daily Jr. Gold Miners Bear 2X ETF (NYSEARCA:JDST). Simply stated, JNUG stock is 2X bull and JDST stock is 2X bear.Let's compare the performance of both indices as of March 31, 2020: * 5-year return: JNUG -52.90% and JDST -80.37% (i.e., both returns are negative) * 3-year return: JNUG -68.8% and JDST -63.7% (i.e., both returns are negative) * 1-year return: JNUG -92.0% and JDST down -92.8% (i.e., both returns are negative)In theory, short-term (possibly day) traders could consider JNUG stock to go long smaller gold miners and JDST to go short.But looking at the performance over time, long-term traders should not consider JNUG stock to go long. Instead it looks as a vehicle of wealth destruction. How is that possible?Let's see an example. For example, if the underlying index MVGDXJ moves down 5% on a given day, then JNUG stock should move down 10%. If we assume a stock price of $10, JNUG should be down to about $9 after the first day.On the second day, if the MVGDXJ moves up 5%, over the two days the MVGDXJ return will be -0.25%. A long-term retail investor may think JNUG should be down 0.5%. Yet, the 10% increase on day two will bring shares up from $9 to $9.90, and the JNUG stock would, in reality, be down by 1%.And any investor who holds these leveraged ETFs for a long-period will find out that his or her capital would eventually be eaten up by this volatility and daily re-balancing. Thus JNUG stock can only be appropriate for experienced short-term traders looking for leverage and volatility. The Bottom Line on JNUG StockBefore you decide to buy leveraged ETFs, such as JNUG stock, it'd be extremely important to understand how they work, with an emphasis on their drawbacks. The use of leverage as well as volatility give their unique properties to these funds. Gold is quite a volatile commodity, and gold miners are a leveraged play on gold prices.Therefore, the long run returns of a 2X ETF like JNUG stock are rather dangerous and unpredictable. Even if the underlying index moves in favor of the LTEF, JNUG stock might still lose considerable value over the long term.As you increase your knowledge base on these leveraged exchange-traded funds, you may quickly realize that LETFs are likely to be more appropriate for professional traders for hedging purposes than buy-and-hold retail investors.Tezcan Gecgil has worked in investment management for over two decades in the U.S. and U.K. In addition to formal higher education in the field, she has also completed all 3 levels of the Chartered Market Technician (CMT) examination. Her passion is for options trading based on technical analysis of fundamentally strong companies. She especially enjoys setting up weekly covered calls for income generation. As of this writing, Tezcan Gecgil did not hold a position in any of the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Be Careful Using Leveraged JNUG Stock to Buy Gold appeared first on InvestorPlace.
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Newmont Mining Should Ride Higher With Gold Prices
Newmont Mining (NYSE:NEM) has been on fire, and why shouldn't it? While gold prices have been quiet lately, they won't stay that way forever. The backdrop for the yellow metal is bullish. Therefore, the backdrop for NEM stock is bullish, too.Source: Piotr Swat/Shutterstock But let's not pretend that the company hasn't already seen a big boost. Once the dust settled in March, gold prices rebounded with a vengeance. NEM did as well, as did Barrick Gold (NYSE:GOLD), another company we are bullish on.Although Newmont stock has dipped slightly from the new highs it made earlier this year, shares are still up 100% from the March lows. For 2020, Newmont is up 46%.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Gold as a HedgeWhen the novel coronavirus sucker punched the global economy, central banks had to act quickly. They needed a coordinated effort to stave off a global depression and buy us some time until we had more resources. Governments, economies, hospitals and people needed more time, ventilators and information, among other things. * 7 Excellent Penny Stocks Ready to Roar This forced the Federal Reserve, European Central Bank, and the rest to fire up the printing presses. They slashed interest rates, made cash appear overnight, stepped into credit markets and kickstarted what Paul Tudor Jones called the "Great Monetary Inflation."Known on the Street as PTJ, the legendary trader expanded on the topic, saying this is "an unprecedented expansion of every form of money unlike anything the developed world has ever seen."As a result, he scoped out gold, Treasuries, and even bitcoin. I personally prefer crypto assets to the yellow metal, but it doesn't hurt to have some exposure to the latter in one's portfolio. Tudor Jones even said bitcoin reminds him of gold in the 1970s.One of his reasons for betting on bitcoin is that it's the "fastest horse" in the group -- and we know that to be true with its volatility. But the point is still the same: global central banks will drive up the prices of others assets, gold included. NEM Stock as a BuyNewmont Mining reported earnings earlier this month. Despite coming into the print at its year-to-date high, NEM stock barely flinched despite missing on earnings and revenue expectations.However, the misses were minimal and growth expectations remain strong. Earnings of 40 cents per share missed by 2 cents, while revenue of $2.58 billion exploded higher by 43.3%, although missed estimates by $80 million.For the year, analysts expect Newmont to earn $2.29 per share. In that scenario, that's up more than 73% year-over-year. Those estimates are also up over the last seven, 30 and 90 days, where they stood at $2.25 per share, $2.11 per share, and $1.92 per share, respectively. Click to EnlargeA company with growing earnings expectations in 2020? That puts NEM stock in a category with few participants. In 2021, consensus estimates call for another year of robust earnings growth, at 37%. Revenue growth estimates in those two years stand at 13.4% and 7%, respectively.However, there is a hiccup in there. Management expects Q2 (the upcoming quarter) to be its highest cost and lowest production quarter. So there could be a dip over the next few months. If that's the case, investors may be wise to nibble some NEM stock.That's after management maintained its long-term outlook. They also said expenses should improve through 2024, alongside stable production. Risks and AlternativesThere are many reasons to be bullish on gold, and thus bullish on gold stocks. However, that doesn't mean it comes without risk.Gold prices and gold stocks were hit in March, when an unprecedented decline and increase in volatility hit equity markets. This put pressure on precious metals, cryptocurrencies and fixed income, too. Investors were forced to sell assets -- high quality or low -- in order to meet their obligations.So NEM stock, GOLD stock, and gold prices are not immune to this price action should it arise again.Additionally, gold may not trade in the manner that investors expect. While gold seems like a no-brainer here -- with investors needing just one difficult trait called patience -- it's possible that it doesn't behave the way we expect.For those that can't decide between which gold stocks to buy, they can also consider owning the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX). The top holding in this case is NEM stock, followed by Barrick Gold. Between the two, they make up roughly 30% on the fund.At the end of the day, though, NEM stock should continue higher. It's got great growth prospects.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. Matt does not directly own the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Newmont Mining Should Ride Higher With Gold Prices appeared first on InvestorPlace.
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The Bull Run in the Gold Miners ETF Is Just Getting Started
The SPDR Gold Trust (NYSEARCA:GLD) is on a hot streak so far this year. The related gold mining stocks and funds such as the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) are enjoying even greater gains. The GLD ETF is up 13.5% year-to-date, and 35% over the past 12 months. Meanwhile, the GDX gold mining ETF has posted huge returns. It's up 22% year-to-date, and 75% since last May.Source: Shutterstock Naturally, some traders are thinking about taking profits here. It's been a big move, after all. But don't miss the forest for the trees. Gold traders are used to the bear market that had been running in precious metals since 2012. Thus, their inclination has been to sell every advance.But the trend has changed. Gold is in a new expansion phase, and investors should be strapped in for the ride. In fact, precious metals were already in an uptrend even prior to 2020. And now, the novel coronavirus has greatly accelerated that dynamic.InvestorPlace - Stock Market News, Stock Advice & Trading Tips GDX and Gold Mining Stocks: It's 2008 All Over AgainEven as the financial crisis was already well under way, in 2008, the price of gold soared to an all-time high of $1,000 an ounce. To many investors, that record-high price probably seemed like an ideal opportunity to sell. When other things are plunging, the first instinct might be to sell the asset that has appreciated. But even at $1,000 an ounce, it was as actually a great time to buy. Gold's price nearly doubled over the following three years and rose to $1,900 an ounce in 2011. * 7 Excellent Penny Stocks Ready to Roar Today's gold market feels eerily similar to the 2008 version. The price of gold just hit a seven-year high of $1,747 an ounce and is setting up for what I believe will be a rapid double over the next couple of years.This rally is causing a huge ripple effect in gold mining stocks like GDX. In fact, almost all of my gold stock recommendations have doubled already. But I think they're just getting warmed up. The current economic crisis has created a perfect situation for the gold mining industry. Even in Recession, Gold Miners Can Grow EarningsOne key point to consider is that almost every stock market sector will being delivering negative earnings growth over the next several quarters. One sector that will not be following this downtrend is the gold mining sector. It will be producing strong year-over-year growth - perhaps even the strongest growth of any major sector.To give one example of how this is already playing out, look at mining giant Newmont Mining's (NYSE:NEM) earnings report from earlier this month. Newmont reported that revenues soared 43%, EBITDA surged 63%, and adjusted net income nearly doubled.Gold miners enjoy tremendous margin expansion as the price of gold soars. Newmont proved that out with income surging far more than revenues, and we're seeing similar trends out of other miners this earnings season.The low price of oil offers another huge tailwind for the mining firms. Investors complained that mining stocks didn't capitalize as much on the 2003-2011 gold price boom as they would have expected. However, earnings growth was capped because there was huge commodity price inflation at the same time. Remember that oil shot up to as much as $147 a barrel during that period. Other things you need to build mines, like steel, also surged in price. Thus, while miners could sell gold for far higher prices, they lost much of those gains to inflation.This time around, other commodities are dirt cheap. For example, diesel fuel for mining trucks is near 20-year lows. Steel prices have dropped. There's no labor inflation either; after nearly a decade of low gold and silver prices, there is no shortage of capable geologists willing to work for reasonable wages. Gold Mining Stocks VerdictLong story short, this could be the start a golden age for precious metals miners and GDX. In many ways, this resembles 2008. The ingredients are there to set off a major run in the price of gold. Don't look at $1,700 an ounce as expensive -- it could be just the beginning of a major multiyear move to far higher price levels.Meanwhile, gold miners are ideally positioned heading into this surge. Few have hedged their production heavily, leaving more upside as prices surge. Cost inflation is minimal. And the aggressive monetary stimulus being used to fight the coronavirus recession should provide a sustained flight-to-safety trade along with a demand for inflation hedges.As we get past the virus and start to consider the long-term economic impacts, there will be more concern about inflation. The amount of central bank stimulus put into the economy is unprecedented, and it will boost asset prices. Gold mining stocks should be one of the biggest beneficiaries in coming months and years.P.S. Where Did All the Gold Go? Billionaires like "Bond King" Jeffrey Gundlach… Ray Dalio… Stanley Druckenmiller… and Paul Tudor Jones are bullish on the yellow metal…78-year-old billionaire investor Sam Zell just bought gold for the first time in his life! What do they know that the average person doesn't? What does this mean for the future of the economy?I think you'll be surprised when you see. Click here to see the full story.Eric Fry is an award-winning stock picker with numerous "10-bagger" calls -- in good markets AND bad. Eric does not own the aforementioned securities. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post The Bull Run in the Gold Miners ETF Is Just Getting Started appeared first on InvestorPlace.
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3 Gold Miners ETFs Your Probably Don't Know About, But Should Get To Know
Gold is one of this year's best performing commodities and that's a theme that could extend as exchange traded fund demand swells and as central banks debase currencies....
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Should You Buy Gold Stocks Now? Well, That Depends
We're in unprecedented times thanks to the novel coronavirus. That goes double for investors, as they try to figure out what stocks and assets are worth owning at this stage of the game. With gold always a fixture, are gold stocks worth owning at this point?Source: Shutterstock That answer really depends on the situation.Overall, I am bullish on gold, but there are doubts. With so many other investors watching the yellow metal and seemingly bullish on it as well, it's a bit concerning. Anytime there is too much focus on one asset or stock is exactly when it seems to disappoint the majority.InvestorPlace - Stock Market News, Stock Advice & Trading Tips It All Starts With GoldBefore we talk about gold stocks, we have to talk about gold. Because you can't be bullish or bearish on the group without having an opinion on the metal first. It's like judging energy producers without having studying oil. The commodity drives the miners' business, so we better have a thesis on the yellow metal. * 20 Stocks to Buy If You're Still Betting on America to Thrive Under the current circumstances, how can we not like gold? First, gold is viewed as a safe haven, along with bonds. But with bonds paying so little in the way of interest -- 10-year Treasury bonds yield just 0.65% -- gold may start to get more attention.Rather than simply speculate on safe-haven plays, there's another reason to like gold. The Federal Reserve, European Central Bank, and global central banks around the world are resorting to stimulus to offset economic setbacks from the coronavirus.When central banks print money, it devalues the currencies' worth. Thus, it makes assets like gold more valuable. It won't happen overnight, but as the Fed and others look to stimulate, it seems like gold will have to be an eventual beneficiary. One of Wall Street's most famed traders agrees too -- well, sort of.Paul Tudor Jones recently warmed up to bitcoin, saying the currency reminds him of gold a few decades ago. He said:It has happened globally with such speed that even a market veteran like myself was left speechless…We are witnessing the Great Monetary Inflation -- an unprecedented expansion of every form of money unlike anything the developed world has ever seen.He considered gold, Treasuries, and certain stocks. In the end he settled on bitcoin, which he referred to as the "fastest horse" in the group. How to Play Gold Stocks Click to EnlargeInvestors have essentially three takeaways with gold.First, they can be bullish on the yellow metal, believing it will act as a safe haven in our current environment and as a store of value as central banks pump out cash. Second, they can bearish, believing that those are not worthy catalysts or that too many eyes are on the metal.Finally, they can be without opinion, opting to pass on a position in gold in favor of assets they understand better.For those that are bullish, they can consider owning physical gold. They can also consider buying the SPDR Gold Trust ETF (NYSEARCA:GLD). Beyond that, they might consider owning gold stocks too.I like both Barrick Gold (NYSE:GOLD) and Newmont Mining (NYSE:NEM). Both stocks have had explosive moves off the lows. While they seem to be losing some momentum, I think it's simply some consolidation after a powerful move. We're seeing similar consolidation (on a less-powerful move) in actual gold prices.Those who don't like single-stock exposure can consider the VanEck Vectors Gold Miners ETF (NYSEARCA:GDX). Incidentally, Newmont Mining and Barrick Gold are the top two holdings in the ETF, with a 15.5% and 14.8% weighting, respectively.Keep in mind, if volatility really picks up, safe-havens may temporarily be out of favor. Bonds, gold and other assets all felt the pressure when stocks were tanking in March. It was likely that investors had to sell others assets (like these) to meet margin calls and raise liquidity.Bret Kenwell is the manager and author of Future Blue Chips and is on Twitter @BretKenwell. As of this writing, Bret Kenwell is long GLD. More From InvestorPlace * Top Stock Picker Reveals His Next 1,000% Winner * America's Richest ZIP Code Holds Shocking Secret * 1 Under-the-Radar 5G Stock to Buy Now * The 1 Stock All Retirees Must Own The post Should You Buy Gold Stocks Now? Well, That Depends appeared first on InvestorPlace.
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GDX: VanEck Vectors Gold Miners ETF
Learn about VanEck Vectors Gold Miners, one of the most volatile ETFs in the market, which fell 75% from 2011 to 2015 after climbing 300% from 2008 to 2011.
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Gold ETFs Take A Bow
The yellow metal did exactly what it was supposed to do when the markets descended into chaos.
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Commerzbank Aktiengesellschaft FI Has $1.73 Million Holdings in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX)
Commerzbank Aktiengesellschaft FI grew its stake in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 824.4% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 75,048 shares of the exchange traded fund’s stock after buying an additional 66,929 shares during the period. Commerzbank Aktiengesellschaft FI’s […]
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SPDR ETF Report For Thursday, April 30
A review of the day's trading in various SPDR-ETF markets.
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Gold Mining Stocks & ETFs Look Bullish Before Q1 Earnings
Several large-cap gold mining stocks are buy rated and have not experienced much negative analyst reaction just before earnings releases. Industry fundamentals are also upbeat.
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Gold Mining Stocks & ETFs Look Bullish Before Q1 Earnings
Several large-cap gold mining stocks are buy rated and have not experienced much negative analyst reaction just before earnings releases. Industry fundamentals are also upbeat.
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Monster Gains In Mining Stocks Bode Well For Gold And Silver
April marks a second month of truly extraordinary developments in markets – from negatively priced crude oil futures to a record spike in unemployment claims to a lockdown-defying rally in stocks.
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VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) Shares Sold by Capital Investment Advisory Services LLC
Capital Investment Advisory Services LLC lowered its position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 8.3% during the first quarter, Holdings Channel.com reports. The fund owned 18,426 shares of the exchange traded fund’s stock after selling 1,659 shares during the quarter. Capital Investment Advisory Services LLC’s holdings in VanEck Vectors Gold Miners ETF were […]
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Precious Metals Report For Tuesday, April 28
Reviewing the day's trading in the metal markets.
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Mining Sector Hit By Coronavirus Lockdowns, Silver Production Walloped
The mining sector is seeing severe disruption, with activity being suspended across a number of countries due to the coronavirus pandemic and silver production affected. Thirty-...
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Why Most Investors Should Pass on Direxion Junior Gold Miners Bull 3X ETF
Investors should avoid JNUG unless they have experience with leveraged ETFs. Thankfully, there are other options for gold bulls.
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GDX: The Bullish Case For The Gold Miners ETF
VanEck Vectors Gold Miners ETF has been on fire lately. The gold mining ETF has gained nearly 16% year to date and is currently trading at new highs for the year.
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FOMC Press Conference Adds To Downside Risks
The FOMC meets this week and is widely expected to maintain the Fed Funds rate at 0%. We think the press conference led by Fed Chairman Jerome Powell will be ma
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Corona Vs 2008 The Difference Is Inflation
Tuesdays are often a weak day for gold. Where there is weakness there is an opportunity, but is that opportunity here today?
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First Come The Majors, Then The Mid-Tiers, Then The Juniors
Understanding how mining cycles work is a pre-requisite in junior resource investing. So how is this cycle playing out today?
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A Potentially Historic Breakout In Gold Mining Stocks
The GDX to S&P 500 ratio broke out to a 3.5 year high. This signals that capital is now moving away from the stock market and into gold stocks.
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VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) Shares Bought by BerganKDV Wealth Management LLC
BerganKDV Wealth Management LLC lifted its position in VanEck Vectors Gold Miners ETF (NYSEARCA:GDX) by 168.8% during the 1st quarter, HoldingsChannel.com reports. The fund owned 1,887 shares of the exchange traded fund’s stock after buying an additional 1,185 shares during the quarter. BerganKDV Wealth Management LLC’s holdings in VanEck Vectors Gold Miners ETF were worth […]