wow...chartist...that is bold move. I would never try something like that as if wrong, you pay dearly and will get into FOMO mood. I always think prudent to sell some and have some cash depending on what you believe. Presently I am at 20% cash.
I find it interesting that the top twelve stocks in order of performance so far today are all bottoming forming stocks. GSS, GSV, EXK,GORO,SVM,NG,DRD,MUX,FSM,CLF,GPL and SAND. I wonder what that could mean. Setup or strengthening to the 40 MA line and then down. GDX hasn't held up, what a surprise. A lot of stocks not doing too bad. A few that are.
GDX stocks are down while GDXJ stocks are up...simple as that.The rebalancing concludes on Friday after the close.