Trendfollowing: gold stocks

trendfollowing gold stocks May 19th was recent the top in The Gold Miners Index (GDM). From the March low, the Index was outperforming the S&P 500 Index on a relative strength basis. The Index is down, on a closing basis, approximately 13%. From the May 19th top, before the FOMC Press Conference June 16, 2021,Continue reading “Trendfollowing: gold stocks”

Gold Miners Index vs. S&P 500 Index

Gold Miners outperform The Gold Miners Index (GDM), ETF (GDX), which bottomed in March, has begun to outperform the S&P 500 Index (SPX). The S&P has been rallying along in excess of a 30% annualized rate of growth over a 200 day average. In this post we’re using a real simple signal line – aContinue reading “Gold Miners Index vs. S&P 500 Index”