This post was just published on ZYX Buy Change Alert
From the emails we have received, there appears to be a strong interest among our subscribers in gold and silver miners.
Yesterday we commented that for the first time Smart Money was buying precious miners in a long time. Here is the data about Smart Money actions today.
|SYMBOL||SMART MONEY BUYING IN MILLIONS OF $||SMART MONEY SELLING IN MILLIONS OF $|
As the table shows, it appears consistent buying by Smart Money yesterday was a one day wonder.
Gold and silver miners are way over sold relative to the metals themselves. We will keep a close eye and issue a buy signal if and when all six screens of the ZYX Change Method are met.