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Thursday, March 28, 2024

Stocks and Gold next play

Courtesy of Read the Ticker.

stocks-and-gold-next-playSpooky correlation to 1976 to 1979 at play in the current marlet.

Correlation is not causation, but they way tihngs are shaping up, it sure is a great play to watch. Money is not chasing gold higher while stock owns the up trend, but when stock turn money will hunt for the next trade. 

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Stocks

NOTE: readtheticker.com does allow users to load objects and text on charts, however some annotations are by a free third party image tool named Paint.net

Investing Quote…

..”Every once in a while you must go to cash, take a break, takes a vacation. Do not try to play the market all the time. It cannot be done, too tough on the emotions.”..

Jesse Livermore

..“Investing should be like watching paint dry or watching grass grow. If you want excitement…go to Las Vegas.”…

Paul Samuelson

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