Market Timing Tip: There’s Gold in the Gold Miner vs. Gold Chart

Sun and Storm Investing Market Timing Blog™

There is true gold to be found in the chart below.  If you look at the market timing rally in gold stocks last summer that began on August 6th, you’ll see that the miners (GDX) ran ahead of the gold ETF (GLD).  This is an important observation for this mornings trade, as I’m facing along with you the swoon in gold and gold miners since the Fed announcement.  It occurred in the post-NY market overseas.  Silver also took a dive.

So what’s the gold in the chart below?  The gold comes from seeing that the gold miners are not down as much as they normally would be when gold dives one percent.  Normally the reaction of the miners an easy double or more of the gold move.  But the miners are down only 1.57% in the premarket and are sitting up above the 5 day moving average, which is 46.80…

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