Loading ...All that definitely shows up on the charts, so could be. Certainly the way the shares are acting that would seem to be in the works.
HUI down 5% with the metals down 1%.
Nothing quite like the downside leverage of pm shares is there?
edit: FWIW, volume is heavy in GDX but not so much in the individual names. Whoever is dumping, has a big play in the ETF. This doesn’t appear to be just computers.
The other thing is that the dollar is not up as much as I’d think. Bizarre, but you’d like to see the bizarre days go in our favor occasionally.