Today’s Chart of the Day was shared on Twitter by Michael Kahn (@mnkahn). It’s a daily bar chart of Gold over the past year. Gold has had a terrific run this year and is actually outperforming the S&P 500 year-to-date. Michael notes that it may be a good time to “ease up on the gas” […]
Chart of the Day – Friday, July 26th, 2019
Today’s Chart of the Day was shared on Twitter by Andrew Thrasher (@AndrewThrasher). It’s a line chart of Gold with a 14-period RSI indicator in the top pane of the chart. Gold has been breaking out to multi-year highs over the past few weeks. Despite the recent strength, Andrew points out the bearish momentum divergence […]
Chart of the Day – Wednesday, July 24th, 2019
Today’s Chart of the Day was shared on Twitter by Dana Lyons (@JLyonsFundMgmt). It’s a weekly candlestick chart of the iShares Silver ETF, $SLV, breaking out of a long-term downtrend. After taking a beating over much of the past decade, Precious Metals are finally catching a bid. Both Silver and Gold have surged over 11% in […]
The Three Major Developments Today
What a day! The S&P 500 hit a record high, Gold prices hit their highest level in over five years, and the US 10-year Treasury Yield fell below 2%. Three major developments in the financial markets, across three major asset classes (Stocks, Commodities, and Interest Rates). Let’s take a look at what some of the […]
“Gold”-ilocks and the Three…Bulls?
The “bugs” are getting giddy. Could an 8-year drought in returns for Precious Metals finally be coming to an end? There is no definitive move yet, but many seem to be quite anxious about the recent moves we have seen in both the metals themselves and their mining counterparts. The most popular chart that we […]
