Recon you could be right, Gold to start another powerful leg up? Technically, GLD played this downleg perfectly. It has indeed bounced after filling the gap. Of course technical analysis is just a forecaster. Take a position when probability is loaded on your side
Gold's strength since mid-Dec is striking. Following the market euphoria after Trump's victory, Gold was sent spiraling downward. Guess folks felt 4% growth was in the cards? Anyway she has recovered. Gold , historically, is negatively correlated with the markets (like bonds). 2016 was an exception
GLD
5 yr monthly
consolidating the last 3 months,.............. what shall see do? Resistance level clearly at 130. A BREAK thru 130 would be HUGE. Is she were to, obviously something is up.......
GLD
1 yr daily
trending up since Dec 2016, but gotta eventually take out 123. Critical. . Former floor 120 is now resistance, does she reclaim it ? Perhaps she'll be trade range bound 116-123? makes for attractive swing lows and swing highs
like to follow the metals as tech analysis is strong with them
Gold's strength since mid-Dec is striking. Following the market euphoria after Trump's victory, Gold was sent spiraling downward. Guess folks felt 4% growth was in the cards? Anyway she has recovered. Gold , historically, is negatively correlated with the markets (like bonds). 2016 was an exception
GLD
5 yr monthly
consolidating the last 3 months,.............. what shall see do? Resistance level clearly at 130. A BREAK thru 130 would be HUGE. Is she were to, obviously something is up.......
GLD
1 yr daily
trending up since Dec 2016, but gotta eventually take out 123. Critical. . Former floor 120 is now resistance, does she reclaim it ? Perhaps she'll be trade range bound 116-123? makes for attractive swing lows and swing highs
like to follow the metals as tech analysis is strong with them
that bearish engulfing candlestick on MASSIVE volume on said Friday was telling...volume volume volume. Now she will indeed test the $136. She is desperately trying to hold on......gotta hold.. the close will be interesting........gap at $132 if she can't hold over the short term. Like a bounce there...................................................
boy oh boy, UGLY SHIT on the Nasdaq on Friday
qqq
1 yr daily
look at the VOLUME. Are you kidding me? The largest volume day in a year . wtf? Could not hold the 20 MVA. Massive selling on huge volume. Its at weak support. 136 is a level to watch closely
popcorn-eatinggif
metals are breaking through support levels. Are the gold bugs heading to bitcoin?
GLD
3 month daily
120 is a big support level. Anatomy of today's candlestick will be damn interesting
SLV
3 month daily
similarly, desperately trying to hold 15.25 ish, vol highER than yesterday's..2:30 pm, the close will be fun...
...gettign away from the 20 MVAon the radar...
isn't it amusing that Mr J Bogle (Vanguard) , the father of 'passive investing' with a fantastic legion of followers (Bogleheads) is now introducing ACTIVE etfs. ..not making enough money, John?....and the company is making a short-term prediction .........
Chance of US stock market correction now at 70 percent: Vanguard Group
Vanguard, which manages roughly $5 trillion in assets and is a proponent of long-term investing, isn't sounding the alarm bells to scare investors out of the market. But according to Vanguard's chief economist Joe Davis, investors do need to be prepared for a significant downturn.
"It's about having reasonable expectations," Davis said of the research, which attempts to provide investors with a view of what can occur in the markets in the next five years. "Having a 10 percent negative return in the U.S. market in a calendar year [within a five-year forward period] has happened 40 percent of the time since 1960. That goes with the territory of being a stock investor." He added, "It's unreasonable to expect rates of returns, which exceeded our own bullish forecast from 2010, to continue."
um, has Mr Trump read this?.......................dagone......................
isn't it amusing that Mr J Bogle (Vanguard) , the father of 'passive investing' with a fantastic legion of followers (Bogleheads) is now introducing ACTIVE etfs. ..not making enough money, John?
....and the company is making a short-term prediction .........Chance of US stock market correction now at 70 percent: Vanguard Group
Vanguard, which manages roughly $5 trillion in assets and is a proponent of long-term investing, isn't sounding the alarm bells to scare investors out of the market. But according to Vanguard's chief economist Joe Davis, investors do need to be prepared for a significant downturn.
"It's about having reasonable expectations," Davis said of the research, which attempts to provide investors with a view of what can occur in the markets in the next five years. "Having a 10 percent negative return in the U.S. market in a calendar year [within a five-year forward period] has happened 40 percent of the time since 1960. That goes with the territory of being a stock investor." He added, "It's unreasonable to expect rates of returns, which exceeded our own bullish forecast from 2010, to continue."
um, has Mr Trump read this?.......................dagone......................
He isn't really active (no pun intended!) within the company anymore though. Don't think he has any control over those decisions. They've had active mutual funds for a little while now. I think the ETF's are just going to be the mutual funds in ETF form.
I believe he said he understands they have to offer products that other companies do. And he talks up the fact their active fund expense ratios are much lower.
I believe he said he understands they have to offer products that other companies do. And he talks up the fact their active fund expense ratios are much lower.
did not know that, thought this was new-- am assuming he was involved in caving to meet consumer demand (ie., to make more money)........"passive low-fee investing is the ONLY way to go. DO I MAKE MYSELF CLEAR?...but, we have active products for you. Kindly, stay with Vanguard we appreciate your business. AND STAY THE FUCK OUT OF BITCOIN!!'
Mr J Bogle
( okay,................ fake quote!!)
Mr J Bogle
( okay,................ fake quote!!)
