The HUI is demonstrating a real divergenece today with about half the companies in the index higher and a little more than half lower. This suggests buying with investors picking their favourites versus all being down from the sellers/shorters. Divergences should be paid attention too as they can suggest a market in transition and changing. Only time will tell.

GDXJ is up about 2.5% further showing a divergence along with gold & silver higher.

Some selective selling of HUI stocks while buying of others is certainly different than what we have seen recently.