Top Pick of the Week (TPOW): GDX – Week Ending July 3, 2025
The Top Pick of the Week (TPOW) for the shortened holiday week ending July 3, 2025, was GDX (VanEck Gold Miners ETF). This selection was based on a strong technical breakout above the Green Line, supported by high volume and an SCTR score above 90. GDX opened the week at $50.73 and moved steadily higher, closing at $52.79 for a gain of $2.06 per share. The trade delivered a 4.06% return in just four trading days.
This week’s gain in GDX came as precious metals showed renewed strength amid some cautious sentiment in the broader market. The S&P 500 (SPY) saw modest movement during the week, reflecting mixed economic signals and lower-than-expected trading volume due to the Independence Day holiday. SPY closed the week essentially flat, unable to push through recent highs, as investors showed hesitation ahead of next week’s inflation data and earnings season kickoff. While the broader market treaded water, the relative strength in gold miners offered an attractive setup for TPOW, allowing us to sidestep market indecision and capture a focused technical move.
The TPOW strategy continues to deliver consistent results by focusing only on the strongest setups. Each week, we scan for stocks or ETFs that are breaking out above the Green Line with a Relative Strength score (SCTR) above 90 and strong volume confirmation. Positions are opened on Monday morning and exited by Friday’s close, unless the target gain is hit earlier. This rules-based system is designed to eliminate emotional trading decisions and capitalize on high-probability opportunities.
With GDX delivering another winning trade, the TPOW model balance continues to compound weekly. The momentum-driven strategy has shown resilience in both trending and sideways markets, and as market conditions evolve, we’ll continue adapting while staying true to our technical discipline.
Stay tuned for next week’s pick and, as always, follow the money flow — stay Above the Green Line.
