
NYSEARCA:GDX
Gold remains in an uptrend, past his target of $2600. He's a big fan of the Commitment of Traders data from the Chicago Board of Trade, which comes out weekly on Fridays at 3:30 pm. Commercial traders continue to reduce exposure on the way up. Though gold can push higher, we're getting to the end of this move in the intermediate term.
We've had a good move, but he's cautious at current levels. Vulnerable to at least a near-term correction. Some charts look great, such as OR, AGI, and WPM, and he'd gravitate toward those.
(A Top Pick Sep 09/19, Up 41%) This holds the big players like Newmont, without absorbing the risk of those companies. He's taken a little money off the table to buy mid-sized gold names like Alamos. He likes gold and this ETF was the purest play.
VanEck Gold Miners ETF is a American stock, trading under the symbol GDX (previously GDX-N on Stockchase) on the NYSE Arca (GDX). It is usually referred to as AMEX:GDX or GDX
In the last year, there was no coverage of VanEck Gold Miners ETF published on Stockchase.
VanEck Gold Miners ETF was recommended as a Top Pick by Larry Berman CFA, CMT, CTA on 2020-04-02. Read the latest stock experts ratings for VanEck Gold Miners ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered VanEck Gold Miners ETF in the last year. It is a trending stock that is worth watching.
On 2026-06-10, VanEck Gold Miners ETF (GDX) stock closed at a price of $73.81.
He's not a big buyer in the gold space. His models look for intrinsic value. Gold does not have a dividend or cashflow or a revenue stream. Lots of excitement in the space, but it can be volatile over its history.
That being said, XGD or GDX are probably your best bets.