Wealth Creation Through Natural Resources
A fascinating note and chart of the gold/S&P 500 ratio from All Star Charts: Gold/S&P 500 (Weekly – 6 year chart) “Gold was in a downtrend vs the S&P500 since the highs in 2011 until February when the ratio … Continued
One of the most surprising events in recent market history is taking place with a shocking British vote to leave the EU. Markets were quite certain that Britain would remain in the EU just a few hours ago and have … Continued
We live in interesting times. The S&P 500 has undergone a garden variety pullback in the last few days after reaching a fresh all-time high on a total return basis (including dividends) last week. Meanwhile, the VIX has rocketed higher … Continued
Since the beginning of the year realized volatility in the S&P 500 has dropped ~60% as the leading U.S. equity index experiences its longest streak of days without a 1%+ move in two years: SPY (Daily) 20-day rolling … Continued
I posted a tweet yesterday making an observation about the recent market action in response to a couple of interesting stats shared by Jon Boorman: This is something that’s been on my mind for a couple of weeks now; … Continued
Since first surmounting the 2100 level in early 2015 the S&P 500 has peaked above 2100 on six different occasions (including last month) and in the process churned a tremendous amount of volume during consolidations just below these peaks: … Continued
This morning following the April U.S. employment report we entered a long SPY trade which was shared in real time in the Trading Lab over at CEO.CA. This was a trade we had been stalking for a couple of days … Continued
By most accounts Donald Trump is a billionaire and he often reminds us of this with sentences such as “I’ve done great…” or “I don’t need anybody’s money….i’m really rich.” Most people think that if someone is able to accumulate … Continued
After a period of relative calm precious metals and markets as a whole are entering a potentially intriguing phase. Here’s what I mean: After moving higher in nearly a straight line for the last two months U.S. equities are … Continued
I have paid less and less attention to sentiment surveys over time, however, this morning’s AAII Sentiment Survey is notable in that nearly half of those surveyed hold a neutral stock market view for the next 6 months: I don’t … Continued