Both $BTC and $SPX bottomed at their 200 WMA in 2018. Charts come in super helpful once the uptrends end and the narratives turn to noise. pic.twitter.com/BwMvAGexpP — Arun S. Chopra CFA CMTđ§ (@FusionptCapital) November 6, 2019 Todayâs Chart of the Day was shared on Twitter by Arun Chopra (@FusionptCapital). The chart shows two […]
What’s Next for Gold and Silver?
Precious Metals are a fascinating asset class…I have yet to encounter investors who are more emotionally attached to their asset as Gold Bugs besides Bitcoin Bulls. And it is this attachment and emotions that keep us coming back and the market open each week. From October to February Gold rallied 14% working its way towards the […]
The Problem with the Smart Money Flow Index
There’s been a lot of chatter about the Smart Money Flow Index in the past couple days. The Smart Money Flow Index or Smart Money Index (SMI), as it’s often called, is a sentiment indicator that attempts to measure the activity of the ‘smart money’ (professionals) vs. ‘dumb money’ (amateurs) in the U.S. Stock Market. It has been […]
Has the Rally in Gold Come to an End?
Gold began 2019 on a strong note, but in the past two weeks, it has given up virtually all of its gains. In mid-February, it was up 5% year-to-date, to peak out around $1,350 an ounce but is now trading around the same price it began the year at around $1,288. Only a few weeks […]
