Newmont Corporation

Newmont in a strong long term rally

Newmont Corp. (NEM) $NEM is in a long term rally, exceeding an annualized rate of gain in excess of 50% over a 10 month moving average.

As tech stocks collapse, and builders and banks are deconstructing, large gold miners continue to outperform. The upward volatility, over a monthly chart, is a good way to analyze the market. Stock chart below:

Newmont Corp. (NEM)