Commodity Prices

Gold •272 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,008.70	+4.10	+0.41%
WTI Crude •10 mins	71.18	-0.02	-0.03%
Gasoline •15 mins	2.305	+0.002	+0.09%
Ethanol •272 days	2.161	+0.000	+0.00%
Silver •272 days	30.82	+1.16	+3.92%

Silver • 272 days	30.82	+1.16	+3.92%
Copper • 272 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.44	-0.05	-0.07%
Natural Gas • 10 mins	3.951	+0.000	+0.00%
Heating Oil • 12 mins	2.295	+0.006	+0.28%

Headlines

657 days Will The ECB Continue To Hike Rates?
657 days Forbes: Aramco Remains Largest Company In The Middle East
659 days Caltech Scientists Succesfully Beam Back Solar Power From Space
1,059 days Could Crypto Overtake Traditional Investment?
1,063 days Americans Still Quitting Jobs At Record Pace
1,065 days FinTech Startups Tapping VC Money for ‘Immigrant Banking’
1,068 days Is The Dollar Too Strong?
1,069 days Big Tech Disappoints Investors on Earnings Calls
1,070 days Fear And Celebration On Twitter as Musk Takes The Reins
1,071 days China Is Quietly Trying To Distance Itself From Russia
1,072 days Tech and Internet Giants’ Earnings In Focus After Netflix’s Stinker
1,076 days Crypto Investors Won Big In 2021
1,076 days The ‘Metaverse’ Economy Could be Worth $13 Trillion By 2030
1,077 days Food Prices Are Skyrocketing As Putin’s War Persists
1,079 days Pentagon Resignations Illustrate Our ‘Commercial’ Defense Dilemma
1,079 days US Banks Shrug off Nearly $15 Billion In Russian Write-Offs
1,083 days Cannabis Stocks in Holding Pattern Despite Positive Momentum
1,083 days Is Musk A Bastion Of Free Speech Or Will His Absolutist Stance Backfire?
1,083 days Two ETFs That Could Hedge Against Extreme Market Volatility
1,086 days Are NFTs About To Take Over Gaming?

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

How Millennials Are Reshaping Real Estate

The real estate market is…

Trader Compares Current Market Environment To 2007

It’s a mistake to view…

Brad Gudgeon

BluStar Market Timer Investment Philosophy: The stock market is currently in a technical Elliott Wave Bear Market Rally. It has been exhibiting A-B-C type waves…

More Info

Contact Author

SPX and GDX in Perspective

By Brad Gudgeon - Apr 07, 2017, 7:18 AM CDT

Below are daily charts of the S&P 500 and the gold miners index ETF, GDX. Right now, it seems as though these two are trading inversely for the most part. Odds are we see a gap down Friday in the stock market and a gap up in GDX. This should be followed by a strong rally for stocks into Monday and a strong drop in GDX. Overall, the stock market looks lower into April 21 with gold stocks trading higher.

S&P500 Daily Chart
Larger Image