The stock market has been on fire since the election in the so called Trump rally. As of Friday’s close, the Dow Jones Industrial Average is up 8.5% since the close on election day, November 8, 2016.
So will the inauguration signal that’s it’s time to sell? Continue reading
Today I am starting a series of weekly posts about the most actively traded ETFs. My initial focus will be on ETFs that invest in stocks that trade in the United States.
I am starting with the VanEck Vectors Gold Miners ETF (GDX). GDX has a 3 month average daily volume of 73.6 million shares. Various sources have the Gold Miners listed as either the number 1 or number 2 most actively traded ETF.
The chart below is a daily chart of GDX. I talked about GDX, GDXJ and NUGT back in a video on August 6th. At that time I felt that these ETFs were at the end of a 5 wave run or very close to it. I was a few days early. Continue reading
Many traders and investors constantly tinker with their technical indicators thinking that if they tweak this or add that, that they will get great results or solve a problem they may be having.
That if you find the right technical indicator, or combination of technical indicators, that will be the holy grail and you’ll be rich. I talked about this some in my post on July 16. Continue reading
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