Tag Archives: NEM

2/6/2019 – $NEM

$NEM

Stock Overview: Newmont Mining has been grinding higher with the overall strength in the spot gold price. Market Overview: The market has made a huge run into last nights SOTU speech. The first hour of trading suggests a flat neutral day is likely. Technicals: The stock opened up red and immediately and got bought up to flat. NEM […]

2-5-2019 $NEM $X

Stock Overview: $NEM has gone on a big run with the rest of the gold sector with the spot price of gold moving higher over the past few weeks. Market Overview: The market opened up green and has been grinding higher all day on optimism for Trumps SOTU speech tonight. Technicals: At the time of the trade the […]

1/24/2019 – $NEM

Stock Overview: Newmont Mining got crushed when it announced it would be buying Goldcorp. After dropping the stock has made 6 consecutive days of higher lows. Market Overview: The market has been choppy with the price of gold stabilizing just under $1,300 Technicals: The stock opened up red and immediately went lower despite a relatively unch spot […]