GDX Ready To Break and Stocks That Are Bifurcating From The Market

March 13, 2018

David Erfle, Editor of The Junior Miner Junky joins me to share some initial comments on the the GDX. With GDX again bouncing from the bottom of its range and volume remaining low we are all wondering which direction a break will go.

We also look into some other aspects for metals stocks that we think are important to note. Stocks that are bifurcating from the sector and insider who are buying shares on the open market need to be watched. We outline a number of these stocks in our discussion. Please share any other stocks you are watching that are experiencing the same characteristics.

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1 Comment
    Mar 13, 2018 13:19 AM

    The miners presented the same technical picture in October-November 2017 (positive cross of MACD etc etc.) That didnt prevent them from getting pummeled into December. If anything, the tepid bullish action is creating just enough energy to allow for a severe sell off.