M.I.D.A.S. Update: Post-Mortem on GDXJ Rebalance
Last Friday, in the space of about 45 minutes, VanEck fund managers bought and sold literally hundreds of millions of shares, in about four dozen mining companies. Weeks’-worth of trading were compressed into a very short time-frame. It was a market-tsunami of action. Here’s how things worked out for the three names affected by the GDXJ rebalance that we’ve been tracking.