Gold is getting little media attention, even as it remains just 5% below all-time highs. Source: Bloomberg pic.twitter.com/qLMmSKqzko — Nick Reece (@nicholastreece) July 31, 2023 Today’s Chart of the Day was shared by Nick Reece (@nicholastreece). Gold has been perking up again, only this time, nobody seems to care. Nick points out that the number […]
Chart of the Day – Wednesday, January 18th, 2023
The S&P looks like its near a technical crossroads, just below its 200-day moving average and downtrend line with a close and rising 50-day moving average. #spx pic.twitter.com/5u0tNbbHuM — Nick Reece (@nicholastreece) January 18, 2023 Today’s Chart of the Day was shared by Nick Reece (@nicholastreece). The S&P 500 fell back below its 200-day moving average […]
Chart of the Day – Wednesday, August 31st, 2022
Bear markets tend to be back-end loaded, with the largest declines coming in the last third (of time duration) 11 out of 16 times, with the average decline in the last third double that of the 1st or 2nd third. Of course we don't know duration ex-ante. pic.twitter.com/vvY0bWsFHn — Nick Reece (@nicholastreece) August 31, 2022 […]