mptrader (< 20)

Rotation into Miners?

March 30, 2012 – Comments (1) | RELATED TICKERS: ABX , AUY , SLW

The gold miners definitely are the forgotten sector of the rally from the October 2011 low in the S&P 500 at 1074.77 to this week's high at 1419.15. This rally amounts to a 32% climb, compared to the performance of the Market Vectors Gold Miners ETF (GDX), which is down 2.7% since its October 2011 low.  [more]