Good Evening,
While I was studying and building my watch list for tomorrow, I noticed on my %gainers scanner several stocks in the mining/gold sector moved really well today. I found out it was because of the ETF GLD breaking out over a new high. If you pull up the daily chart for GLD, you will see the break. Additionally, if you pull up the intraday chart for GLD and compare the list of stocks provided below, intraday, you will see that they all traded almost exactly the same. What made this significant to me is all of them perked up around 10:55 on the 5 min intraday chart the same as GLD; and most of them spiked up after hours as GLD did also. I don't trade these types of stocks and did not today; just way too choppy for me; but I did notice this and thought this would be helpful anyone who is interested in keeping track of these particular stocks in conjunction with the ETF. Hopefully some of you will find it useful and trade it properly for nice profits. See list below.... Later
ETF: GLD
Stocks in that Sector: AUY, NGD, GFI, EGO, AG, AU, HL, MUX, BTG, EXK, CDE
Thanks. Evaluating mining stocks now so this helps.
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