|Day Low/High||5.56 / 5.81|
|52 Wk Low/High||5.22 / 10.45|
Stocks of gold mining companies generally rise faster than the commodity itself.
For the week of October 3, the start of the fourth quarter, investors will get the September labor report and a slew of major earnings reports.
Gold and mining stocks are heavily represented on the bear side.
NG could double in the months ahead, as the precious metals bull market gains steam.
NG is poised to break its downtrend and breakout on the upside with a "print" at $4.75.
Take a look at the out-of-favor parts of the market.
It would be better if gold would rally too, but NG is set up to rise regardless.
This positive pattern would be broken if prices fell back under $3.
Prices hover near historic lows, but things could change quickly.
The companies profiting from the energy revolution are still some of the best investments out there.
The market has priced in low inventory levels, and stockpiles are starting to rebuild.
This fund has increasingly moved into a number of gold miners -- which hasn't been good for the portfolio.
Klarman's hedge funds' top small-cap picks generate significant alpha.
I've always scanned the tables for ideas, but there's good reason to drill down deeper for takeaways.
Some very smart investors like the gold miners, and that has my attention.
I found some time to focus on the growing stack of 13HF filings that have been dribbling in.
The 13HF filings currently pouring into the SEC offer good clues about stocks that are worth further investigation.
These junior mining stocks are still way oversold; look at getting into them for a short-term bounce.
But I don't have the stomach for the group. These stocks should have been up huge by now.