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Allan Harris
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Developer, Chief Strategist and Head Writer of, a trading service based upon a proprietary algorithm that identifies the dominant trend of any stock, index or ETF.
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  • Gold, Gold Miners, Chickens And Eggs 0 comments
    Mar 23, 2013 1:08 PM | about stocks: GDXJ, GLD, SLV

    For the first time since August of 2012, the Market Vectors Junior Gold Miners index has flashed a Buy Signal. Is this finally the turn around for junior gold miners? The last major bull market in this sector saw GDXJ more than double between early 2010 and early 2011. But during that same period, GLD was running on its own Buy Signal. When these two agree, fireworks in the sector. The only question is whether GDXJ is the chicken or the egg?

    (click to enlarge)(click to enlarge)

    Themes: Gold, Gold Miners, ETF's Stocks: GDXJ, GLD, SLV
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