Yeah good ol’ GDXJ – I’d actually might say the scum loves GDXJ and GDX, they’re both money making scum machines for them. Normal folks pile in as they should and the scum fleeces them with naked shorts, rule changes, etc. They can take them up or down at will but make no mistake, they are always on the right side of the trade.
R640 posted an interesting article on the Golden Cross showing it hasn’t worked since 2009.
Maybe the only thing left that works is Floridagold’s 10/20 trade.
One thing seems sure, things have gotten worse from a manipulation standpoint since Trump was elected. Cohn and Mnunchin have seen to that. Absolutely zero oversight and a PPT run wild.