The stock market hit its high in January of this year and doesn't seem able to budge. Millennials are near fully invested in this market and that can't be a good thing. At the same time gold is languishing, however the stocks are still performing well since February, with higher lows being made. Despite gold's current performance the GDX-J is still above its 200 day moving average. The GDX has performed similarly, but it's just below its 200 day moving average.