Market Vectors Gold Miners ETF  (GDX) Trade Now »     Rate GDX  -  Discuss GDX  -  Add to Watch List        

Filed under: ETF Investing, Commodities, Stocks to Buy, Best Stocks for 2009

The Market Vectors Gold Miners ETF (GDX) attempts to replicate as closely as possible the price and yield performance of the Amex Gold Miners Index.

GDX is in a bull market with both the long-term support line and the 200-day moving average at near $40. Although this is a volatile performer, bouncing 10 points between the high and low of its bull channel, the volatility gives us a second chance to buy this stock at a good price.

Continue reading Trade #3: Market Vectors Gold Miners ETF (GDX)

Filed under: Stocks to Buy, Best Stocks for 2009

After seven months of one of the strongest rallies in history, the stock market is showing signs of faltering. From here on out through the rest of 2009, I believe the advance will shift gears, and instead of recording new highs every month, the trend will tend to flatten.

And as we head into the heart of the fourth quarter, I wouldn't bet on the market making many more new highs this year.

Continue reading Six top trades for the rest of 2009

Filed under: International markets, Newsletters, Mutual funds, ETF Investing, Commodities, Stocks to Buy, Recession

Mary Anne and Pamela Aden are among the advisory world's top authorities on metals and resources.

In a recent Q&A session, the editor of The Aden Forecast, answers the most common questions that they are asked by readers as to the current state and future outlook for the precious metals markets.

Filed under: Major movement, International markets, Newsletters, Mutual funds, ETF Investing, Commodities, Oil, S and P 500, DJIA, Stocks to Buy, Recession, Best Stocks for 2009

For 26 years, at the start of each year, I've conducted an annual survey of newsletter advisors, asking for their favorite investment for the coming year. Until 2 or 3 years ago, their responses were almost always individual stocks and an occasional mutual fund.

Filed under: International markets, Newsletters, Mutual funds, ETF Investing, Commodities, Stocks to Buy, Best Stocks for 2009

This post is part of a special annual report -- Top Stock Picks '09 -- in which TheStockAdvisors.com asked 75 leading newsletter advisors to select their favorite investment for the new year.

Pamela Aden, in her industry-leading The Aden Forecast expects a rebound for gold-mining stocks. What's her favorite way to play this sector? Market Vectors Gold Miners ETF (NYSE: GDX).

Filed under: International markets, Newsletters, Mutual funds, Goldcorp Inc (GG), Commodities, Stocks to Buy

"There's no question these are dangerous times and the financial world is in uncharted waters," caution resource experts Mary Anne and Pamela Aden.

In The Aden Forecast, the sisters offer an exceptional in-depth discussion on inflationary vs. deflationary foreces, their outlook for precious metals, and their top gold and silver positions for long-term investors.

A Global Metal and Mineral Mining Index

There's gold in them thar hills"  (Origin Unknown). 

Despite the dubious construction and grammar (language buffs can check here) the statement has a certain ring.  The reason is the enduring quality of gold as a store of value.  In modern times, this means a value that is impervious to the actions of governments and central bankers.

We are witnessing a dual economy.  At home, (because of the housing market) our economy will be entering a recession.  Globally, the economy is booming still, and actually experiencing inflation.  Oil will continue to rise and so will gold.  This is a fairly short term play to 62 but you could stay long gold for as long as oil rises and the dollar falls. 

I have developed a simple Tradestation Strategy for the OIH which has produced 73% winners for the oil service holdrs.    I cannot back-test the GDX-- gold miners etf-- extensively because the HOLDR is new.  But so far it is 7-3 (70% but highly insignificant statistically) and consistent with the OIH action.  

My thesis is that gold stocks will trade like oil stocks because they both have underlying commodity prices that trade futures and options actively (making for highly erratic short-term arbitrage and speculative trading).