Back on Monday, we were all reminded of the old TFMR adage. Which one? Come on, you know...it's not how you begin the week that matters, it's how you end it...and though the PMs won't crawl back into the green on the week, the shares look poised to do so. Let's see if we can get it done.
As a reminder, not only were the PMs down on Monday, the GDX fell a point and a half from $34.07 to $32.53. It was ugly. But surprise, surprise. Led by lead dog NEM, the GDX has since recovered all of those losses and has opened today at $34.80. IF it can close at this level this afternoon, that...