What's up with GDX?

    Posted by kalinm on 1st of Feb 2012 at 03:44 pm

    Can't get out of its own way..... dollar down .53%, GDX up .43%????  Rates low until 2015, I don't get it.

    yeah GDX has been lagging

    Posted by matt on 1st of Feb 2012 at 03:47 pm

    yeah GDX has been lagging for a few days here

    GDX could also just be

    Posted by matt on 1st of Feb 2012 at 07:26 pm

    GDX could also just be forming some kind of bull flag here as the daily volume patterns are good and the bounce as so strong last week, we'll see..

    with oil down and the

    Posted by ditch on 1st of Feb 2012 at 03:57 pm

    with oil down and the dollar drawing a bullish hammer today we may be seeing a major change out of hard assets and into stocks.?

    Furthermore, leading economic commodities oil

    Posted by kalinm on 1st of Feb 2012 at 03:51 pm

    Furthermore, leading economic commodities oil and copper are down from the QE2.5 fed announcement.  That is with the dollar getting sold off hard too.  That is strange.

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