The inverse relationship between the price of gold and the U.S. dollar is something that makes intellectual sense, but there is no shortage of historical data that suggest the two can trade in the same …
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Gold and Gold mining stocks have been left out of the rally in just about every other risk asset on the planet since early November. While materials and mining stocks (measured by the XLB, the …
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Here are some apparently directional untied options trades that caught our attention in today’s trading:
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In a market that had a decidedly risk-off feel today, there was some large apparently directional options trading that might have fit that theme: GDX: the etf that tracks gold miners saw heavy call volume, 2x average daily volume …
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Yesterday’s price action across most major risk asset classes was a clear indication that investors are re-positioning for rate tightening cycle. Let’s quickly refresh The S&P 500 (SPX) was down 0.5%, the yield on the …
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On August 24th we took a look at the goldminer etf GDX. The GDX has had a pretty remarkable 2016, more than doubling from the low teens to over $30 before recently pulling back a …
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Here is some decent size apparently directional options trades in sector etfs that caught my eye in today’s trading: XLF – rate sensitive stocks are getting nailed today despite the 10 year yield trading at the …
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Two weeks ago on August 24th we took a look at GDX, the Vaneck Vectors Gold Miners etf, on one of its worst down days it had seen in months. We laid out a scenario where …
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The Gold Miners’ etf, the GDX is having one of its worst days in months, down 4.5% as I write, with the etf trading below the uptrend that has been in place since mid January. …
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I’m not sure I ever recall uttering a positive word about Gold as an fundamental investment in the pages of RiskReversal. I’ve spoken about it from a techincal peespective. And since the shiny metal got …
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