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☆ Beware of a dead-cat bounce and prepare for a severe market correction by making these 6 investments now, a veteran chartmaster warns
▼ + stars: | 2024-04-24 | by ( James Faris | ) www.businessinsider.com time to read: +6 min

The S&P 500 is in its most perilous position since late last summer, cautioned David Keller, the chief market strategist at StockCharts.com. After an uptick in volatility in March 2023, the S&P 500 enjoyed a virtually uninterrupted rally before peaking on the final day of July. Related storiesIn the meantime, investors should keep a close eye on two key technical support levels for the S&P 500, Keller said: 5,050 and 4,820. Utilities are one of only two parts of the market that's up in the last month, due to its risk-off nature. The VanEck Gold Miners ETF (GDX) is another compelling way to ride that rally, Keller said.

Persons: —, David Keller, I'm, Keller, Stocks, StockCharts.com, they're, Keller isn't, that's Organizations: Service, Business, Utilities, StockCharts.com, VanEck Oil Services, P Oil & Gas Exploration, Production, Miners Locations: East, Israel, Freeport

☆ 'Big change' in global growth is bullish for commodities including copper, says VanEck CEO
▼ + stars: | 2024-04-20 | by ( Meredith Mutter | ) www.cnbc.com time to read: +1 min

Investors should consider commodities due to a "big change" involving international expansion, according to VanEck CEO Jan van Eck. "The world economy started growing again," van Eck told CNBC's "ETF Edge" this week. Manufacturing PMI is now positive in China as of March," said van Eck. Its exchange-traded funds include the VanEck Gold Miners ETF (GDX) and VanEck Oil Refiners ETF (CRAK) . Van Eck highlights copper 's momentum as a positive sign for demand.

Persons: Jan van Eck, van Eck, CNBC's, Van Eck Organizations: PMI, Gold Miners Locations: China

☆ Another way to play the commodity breakout with a copper stock forming a 'bull flag' chart pattern
▼ + stars: | 2024-04-19 | by ( Todd Gordon | ) www.cnbc.com time to read: +3 min

If you look at the other metals like copper and steel and their associated stocks you'll see breakouts as well, and in fact, they are showing more strength than gold stocks. Looking at a chart of copper we'll see a clear breakout above the early 2023 high of $4.35 with the 2022 highs of $5.00 targeted. Fundamentally speaking copper is an industrial metal heavily needed in China and India for infrastructure, transportation, and the green energy buildout. 'Bull flag' pattern The way I'm expressing this bullish thesis in copper is through my holdings in Southern Copper Corp (SCCO) in the dividend portfolio at Inside Edge Capital. That's not exactly cheap, but with the forecasted global demand of copper we think that multiple is justified.

Persons: There's, COPX, That's, Todd Gordon, Gordon, SCCO Organizations: Gold Miners, Copper Miners, Southern Copper Corp, Edge, Inside Edge, Inside Edge Capital Management Locations: China, India, Panama, GDX, COPX, Arizona

☆ The rally in gold could be still in the early stages, according to the charts
▼ + stars: | 2024-04-04 | by ( David Keller | ) www.cnbc.com time to read: +4 min

Our review of the charts of precious metals tells us that the recent rally in gold prices could be just the early stages of a broad advance in the second quarter and beyond. Interestingly enough, gold stocks have actually been underperforming gold for most of the last 12 months. But over the last six weeks, gold miners have shown renewed strength, outperforming spot gold. This may be just the beginning of a "catch up" trade where gold miners close the performance gap with gold. Gold stocks have been lagging behind spot gold, but that trend of underperformance has begun to change in the last six weeks.

Persons: Alan Shaw, David Keller Organizations: Gold Miners, CMT Locations: retest

☆ Gold could be implying inflation remains sticky. How to play it with options
▼ + stars: | 2024-04-04 | by ( Michael Khouw | ) www.cnbc.com time to read: +2 min

The Federal Reserve, as always, is trying to strike a balance between conquering inflation and navigating the soft-landing. Of course, if higher rates also successfully curb inflation then gold, as an inflation hedge, shines less brightly. GLD YTD mountain SPDR Gold Shares GLD But gold is shining brightly. So gold markets are implying that we could get some rate cuts, inflation will be sticky, or both. This provides continued exposure to the upside if the gold rally continues, while locking a modest profit as well.

Organizations: Federal Reserve, VanEck Gold Miners

☆ A lower-risk way to play the gold breakout from here
▼ + stars: | 2024-03-14 | by ( Michael Khouw | ) www.cnbc.com time to read: +5 min

We'll break down the rally in gold, why gold miners have been trailing it and the options trades I'm putting on from here accordingly. Investing in gold and silver mining companies, rather than purchasing the precious metals has frequently been promoted as a way to get "leverage" to the price of gold or silver. Notice that the share price of the VanEck Gold Miners ETF (GDX ) tracking the companies, has declined more than 15.5% since the highs in April of 2023. GDX GLD mountain 2023-04-13 VanEck Gold Miners ETF (companies) vs. SPDR Gold shares ETF (commodity) It should be said that GDX and Newmont Corporation pay dividends, whereas gold itself does not. Additionally gold miners are sometimes located in suboptimal geographic locations/jurisdictions where they may be subject to geopolitical factors beyond the price volatility of the commodities they produce.

Persons: Warren Buffett Organizations: Gold Miners, Newmont Corp, Gold Miners ETF, SPDR, Newmont Corporation, Mining, Consumers Locations: Washington

☆ Gold rises above $2,100 to highest level ever as traders bet on interest rate cuts
▼ + stars: | 2024-03-04 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

Gold futures settled at the highest level ever on Monday as traders bet the Federal Reserve will start cutting interest rates in the second half of the year. When adjusted for inflation, gold set an all-time high of about $3,200 in 1980, according to Peter Boockvar, chief investment officer at Bleakley Financial Group. Gold has has performed well despite high interest rates and a strong dollar, he said. Gold now has upside on the expectation that the Fed will start cutting interest rates this year as inflation comes down, hesaid. Traders are betting the Fed will cut rates in June, according to the CME Fed Watch Tool.

Persons: It's, Peter Boockvar, Boockvar, Gold, Bart Melek, Melek Organizations: Federal Reserve, Miners, Bleakley Financial, TD Securities, Fed, Traders, CME Locations: U.S, Ukraine, China, Saudi Arabia

☆ Gold could be poised for another record-setting year. This obscure part of the market may see big gains
▼ + stars: | 2024-01-26 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +7 min

Investors betting on another strong year for gold may want to look at an obscure part of the market: gold streaming and royalty companies. "The profitability of the gold companies wasn't keeping pace with the rise in the gold price." MacRury echoed this sentiment, pointing to historical context as a reason he believes gold prices could hurtle towards new highs. "Past easing cycles over the last 20+ years have corresponded with strong gold prices, and we expect to see gold set new record highs in 2024," he wrote. Shares of Royal Gold popped 7% in 2023, but are down more than 10% in the past 12 months.

Persons: Carey MacRury, Adam Rozencwajg, Canaccord's, Rozencwajg, it's, MacRury, Leigh Goehring, Osisko Organizations: Barrick, CNBC, Royal, Miners, Royal Gold, Barrick Gold, Federal Reserve, Franco, Wheaton Precious Metals Locations: Newmont, Franco, Nevada, Brazil, Russia, China, India, Panama, Wheaton, U.S

☆ Gold mining ETFs fail to keep pace with benchmark bullion fund
▼ + stars: | 2023-11-07 | by ( Suzanne Mcgee | ) www.reuters.com time to read: +3 min

The SPDR Gold Shares ETF (GLD.P), which tracks the price of gold, has rallied 9.82% this year, driven by concerns about inflation and economic growth as well as geopolitical turbulence. Yet those gains have not been reflected in the share prices of gold miners: the iShares MSCI Global Gold Miners ETF (RING.O) and the VanEck Gold Miners ETF (GDX.AX), which track the shares of gold producers, are up only 2.28% and 1.7% respectively. "Gold prices can only help so much, if you can't produce the gold in the first place," said Islam. Even Barrick Gold, which reported a 3% gain in gold production in the third quarter, said overall output in 2023 won't meet expectations. "Investors seem very wary of stocks as a whole, and gold miners have been tracking that rather than what's happening in gold itself," said Casanova.

Persons: Shannon Stapleton, Imaru Casanova, Casanova, Roxanna Islam, George Milling, Stanley, Suzanne McGee, Ira Iosebashvili Organizations: United States West Point Mint, REUTERS, Gold Miners, World Gold, Gold, Newmont Corp, State Street Global Advisors, Barrick, Thomson Locations: West Point , New York, Mexico

☆ Final Trade: GDX, QQQ, GBTC, XLP
▼ + stars: | 2023-10-20 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trade: GDX, QQQ, GBTC, XLPThe final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.

Persons: CNBC’s Melissa Lee Organizations: Fast Money

☆ Final Trades: GDX, Aspen Technology, Exxon Mobil, Apple
▼ + stars: | 2023-05-04 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFinal Trades: GDX, Aspen Technology, Exxon Mobil, AppleThe final trades of the day with CNBC’s Melissa Lee and the Fast Money traders.

☆ Make these 12 investments with strong technical set ups right now while the broader market faces the risk of a 'climactic bear scenario,' according to a longtime chartmaster
▼ + stars: | 2023-04-27 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

Chartmaster David Keller shared the three biggest risks facing the market right now. The S&P 500 may struggle to break past technical resistance of 4,200 and 4,300. He predicted that if the VIX rises to 20, the S&P 500 would fall to a vital support level of 3,800. The percentage of S&P 500 stocks trading above their 50-day moving average (in green) has fallen below 50% recently. David Keller, StockCharts.comPoor market breadth should be a serious concern for investors, Keller said.

☆ Gold and mining ETFs are surging as the precious metal flirts with a record high
▼ + stars: | 2023-04-07 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

Over the past month, the SPDR Gold Shares ETF (GLD) has pulled in more than $1 billion of new money, according to FactSet. The iShares Gold Trust (IAU) , SPDR Gold MiniShares Trust (GLDM) , Abrdn Physical Gold Shares ETF (SGOL) and Goldman Sachs Physical Gold ETF (AAAU) have pulled in more than $400 million combined. Funds comprised of gold mining stocks have also been popular, with the VanEck Gold Miners ETF (GDX) pulling in about $200 million. GDX YTD mountain Gold mining ETFs are rallying in 2023. The gold mining funds from Sprott ( SGDM ) and iShares ( RING ) have seen similarly strong performance.

☆ Buy gold, sell this industrial stock: How these traders are preparing for a slowing economy
▼ + stars: | 2023-04-04 | by ( Sarah Min | ) www.cnbc.com time to read: +2 min

Ritholtz Wealth Management CEO Josh Brown said that he bought gold mining stock Newmont to play the surge in gold prices as investors turned to bullion in the wake of the recent banking crisis. Brown called Newmont the "highest quality name" trading on the New York Stock Exchange. "You just get these moments where people lose confidence in fiat, in the banking system, et cetera, and for whatever reason, religion or otherwise, they reach for gold," Brown said Tuesday on CNBC's " Halftime Report ." NEM YTD mountain Newmont shares YTD Gold futures popped over the $2,000 threshold on Tuesday. DE YTD mountain Deere share YTD "There needs to be more planting regardless of what goes on in the economy, recession or not," Lebenthal said.

☆ CNBC Pro talks with the VanEck CEO on what commodities to invest in right now
▼ + stars: | 2023-02-07 | by ( Alison Conklin | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC Pro talks with the VanEck CEO on what commodities to invest in right nowCNBC's Bob Pisani sat down with VanEck CEO, Jan van Eck, who he calls the 'king of commodities' at the Exchange ETF Conference in Miami Beach. VanEck Gold Miners (GDX), Oil Services (OIH), Agribusiness (MOO), and Rare Earth Metals (REMX) are among the top funds in the space and his VanEck Semiconductor ETF (SMH) is also the largest in its sector. They discuss when we may see the next big gold rally, oil stocks, chipmakers, and more.

☆ Forgotten parts of the market lead the way in 2023 as advisors wrestle with how to play the economy
▼ + stars: | 2023-02-07 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

Everyone here is amazed at how forgotten segments of the market have rebounded in 2023: international, growth, small cap and bonds. Advisors here are having a hard time wrapping their heads around the idea that there would be a recession ins 2023, and now maybe not. "With real wage growth, large payroll growth and earnings beating expectations it equals a soft landing at worst and maybe no recession near term." Most advisors here are coming to grips with Powell's insistence the Fed will not lower rates this year. Their Equal Weight S & P 500 ETF (RSP) has also attracted significant inflows from investors wary of market cap weighted indexes.

☆ These mining ETFs are soaring as gold's rally powers ahead in January
▼ + stars: | 2023-01-31 | by ( Jesse Pound | ) www.cnbc.com time to read: +2 min

The SPDR Gold Trust (GLD) , which tracks gold prices, has a return of more than 5% in January, roughly matching the S & P 500. The VanEck Gold Miners ETF (GDX) has doubled up the SPDR Gold Trust this month, while the small cap Junior Gold Miners ETF (GDXJ) has gained more than 8%. Silver mining ETFs are also doing well, even though the iShares Silver Trust (SLV) is negative for the month. ETFMG's Prime Junior Silver Miners ETF (SILJ) has gained more than 8% this month. The SPDR Gold Trust had dipped less than 1% for three straight trading sessions entering Tuesday.

☆ The Final Call: GDX, OIH & XOP
▼ + stars: | 2023-01-06 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Final Call: GDX, OIH & XOPThe final trades of the week. With CNBC's Tyler Mathisen and the Options Action traders, Carter Worth, Mike Khouw, Bonawyn Eison and Brian Stutland.

☆ The Final Call: GLD, SLV, GDX, JPM & MET
▼ + stars: | 2022-12-09 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe Final Call: GLD, SLV, GDX, JPM & METThe traders make their final moves of the week. With CNBC's Dominic Chu and the Options Action traders, Carter Worth, Mike Khouw and Scott Nations.

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