Gold’s jump higher last week was phenomenal… Last Thursday Gold managed to rally by 42 points in a single day. It is already up this month by 6%. But while this may sound like a lot, it is nothing compared to my favourite gold stock which is outperforming gold right…
There is a divergence between two leading indicators and the stock market. One of these charts is lying… Whereas stocks and copper usually move in tandem and are correlated to one another, this correlation has recently broken down. Copper is selling off but stocks (as we saw in the Dow…
Something is not right… Two important pieces of data do NOT believe in the stock market rally. Let me show you what I mean. Here’s a chart of the Stock Markets (S&P 500) – the index of the 500 largest companies in the world: The above chart shows that stocks…
While most of the major stock markets have been ploughing higher this week, one key market index has not followed suit. The Dow Jones Transportation Index has in fact dropped by 4% since last week. Why does this matter? This is because the Transportation Index (or Transports) are composed of…