Tag

Gold miners
Since end of August, Trendrating has picked up a sharp degradation of momentum for Gold Miners. 86% of the rating changes in the last three months have been for stocks moving to negative momentum.
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In a difficult year for global stocks, Gold Miners have been particularly strong performers. However, according  to this recently published article on Bloomberg (see link) most funds missed out on this rally. On a YTD basis, GDX (Van Eck Vectors Gold Miners ETF) has returned about 84%. This compares to a 1.1% return delivered by...
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