Jeff Clark's Market Minute

Aggressive Traders Should Buy This

The gold sector is gearing up for a big move.

Gold stocks haven’t done much over the past two months. The VanEck Vectors Gold Miners ETF (GDX) is trading today at just about the same level it traded for back in early October.

Some folks might consider that to be a good thing. After all, the S&P 500 has lost about 4% over the same time frame.

But gold stocks are often seen as a hedge against a broad stock market decline. So, the failure of the gold sector to rally as the S&P 500 has fallen is a bit disappointing.

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Master trader Jeff Clark aims to double his personal brokerage account every year. Over the course of a year, he makes 300 to 500 personal trades. And the reality is, those trades – which hand him incredible gains – are never seen by anyone… until now.

Tomorrow night, Jeff will show you where he sees the overall market heading in 2019, how he plans to personally take advantage of it… and how you can, too.

However, the gold sector still looks bullish to me. In fact, it looks like GDX could kick off a big move any day now.

Take a look at this chart…

GDX is trading above all of its various moving average lines – the 9-day exponential moving average (EMA), 20-day EMA, and 50-day moving average (MA). That’s generally a bullish setup for the intermediate term. More important, though, is that all of the moving averages have coiled together.

Energy is building for a larger move.

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And, since we’re heading into a seasonally strong period for the gold sector (gold stocks often rally in December and January), the odds favor that larger move playing out to the upside.

There’s no guarantee, of course, that we’ll get an upside move. And we could certainly get some selling pressure in the gold stocks as we approach the December FOMC meeting later this month.

For the most part, though, this setup looks bullish.

Aggressive traders should be buying gold stocks here. I like the potential for a rally in this sector starting soon.

Best regards and good trading,

Jeff Clark

Editor’s Note: Jeff’s Mastermind Kickoff happens tomorrow, and it will be the first time Jeff has pulled back the curtain on his trading strategy.

Jeff is set to share a live trade, his personal track record over the past several years, and many other secrets he’s never shared… until now. He uses this technique to make 400-500 trades a year with his own money.

Just click here and your name with be added to the list of the folks who will attend this free event, happening tomorrow, December 6, at 8 p.m. ET.

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Reader Mailbag

In today’s mailbag, a Delta Report subscriber shares their appreciation for the service…

Hi Jeff, I love your service. I am an active subscriber to the weekly Delta Reports option trades… and so I also get your Delta Direct daily comments. I appreciate your seemingly “well-rounded” approach to life!

– Frederic

And another Delta Report subscriber shares their excitement for Jeff’s upcoming Mastermind…

Hi Jeff, I’m really excited about what’s coming up on Thursday! What a terrific idea… Thank you for all you do.

– Dave

Where do you see gold going before year-end? And will you be joining us for Jeff’s Mastermind Kickoff event?

As always, send any other trading questions, suggestions, or stories to [email protected].

Jeff Clark's Market Minute Archives

Jeff’s intuitive feel for short term market swings and his strong protective discipline have allowed me to lock in thousands of dollars in gains where I might otherwise have just ridden the markets up and down .”  -Chris, a reader and “seasoned investment advisor” from Seattle

Jeff -- your picks and analysis have been nothing short of amazing. I have traded the market for many years but I must admit, I have NEVER seen something this good.” - Mike H.

In only 2 weeks of using the service I’ve booked over $10K in profits. Needless to say I’ve paid for my membership.” - Tony J.

I started following Delta Direct about 3 weeks ago… I bought a small investment from one afternoon to the next morning. About 11AM I got out and made 8K in less than 24 hours.” – D. Tilghman