Tag Archives: GDX

Mine the Beaten up Gold Miners, a Contrarian POV

Gold mining stocks been beaten up over the last 18 months on the back of a stronger USD, and falling commodity prices that see investors exiting resource sectors.

Gold/Silver sector (XAU) prices have corrected by more than 20% so far …

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Bernanke Talks, USD Rallies, Precious Metals Fall

Precious metals prices fell as the USD allied, bond yields rose to a 15-month high as the US Fed's Bernanke hinted that the Fed plans to start paring QE, starting in the Fall, with a mid Y 2014 end to …

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Deutsche Bank (DB) Upgrades JPMorgan Chase (NYSE:JPM); Lifts Price Target – JPM, C, BCS, QQQ, XLF, EWJ, GDX, WFC, VWO

JPMorgan Chase & Co (NYSE:JPM) had its price tag and recommendation lifted by Frankfurt-based Deutsche Bank AG (USA) (NYSE:DB) while investors were advised to hold on to New York based Goldman Sachs Group, Inc (NYSE:GS) following its 48% stock-price boost …

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Northern Trust (NASDAQ:NTRS) Fiscal Q4 Profit and Revenue Misses Forecasts – NTRS, BK, JPM, NLY, SLV, BX, EWZ, USB, GDX

Northern Trust Corporation (NASDAQ:NTRS) announced that profit for the fiscal Q4 moved up but failed to meet Wall Street forecasts because of much lesser foreign-exchange trading income.

Chicago, Illinois based company reported that net income in the three months period …

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SPDR Gold Shares ETF (NYSEAMEX: GLD) Crosses Oversold Territory as Fiscal Cliff Talks Paused – GLD, SLV, GDX, SPY, EEM, IWM, SLV, DFS, GDX

On Thursday trading session, stock of the SPDR Gold Shares ETF (NYSEAMEX: GLD) moved into oversold territory, exchanging hands as low as $159.11 a share.

ETF Channel explains oversold territory using the Relative Strength Index, or RSI, which is a …

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First Horizon National (FHN) Earnings Fall in 3Q, Pondering to Buy Back Sold Mortgages

First Horizon National Corp.’s (FHN) reported that its third-quarter earnings declined 29% and the Tennessee bank recommended investors that it might have to repurchase mortgages it earlier sold to private investors.

Shares declined as investors were cautious regarding the probableimpact …

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