Tag Archive: market

Has Gold Found a Bottom?

It’s no secret that the gold market has struggled for several weeks now. Following a convincing upside breakout in price that took the market to over the $1500 level, the gold bulls have not seen the type of follow through that they are looking for. In fact, prices have been on the decline since finding a top with seemingly little to stop the recent descent. The gold market has possibly now found a bottom. Although it is too early to tell; recent price action could... Continue Reading

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The Stock Market Fallacy

After seeing a decent sell-off following the June 23rd Brexit referendum, stocks have not only fully recovered, but the broad market S&P 500 is probing deeper into new all-time high territory. After the S&P fell over 120 handles in the wake of Brexit, the market took just days to recover. Since that recovery, the market has remained on the offensive, with seemingly unstoppable forces behind it propelling it to fresh all-time highs. This begs the question: What powers could be behind the sharp rise in... Continue Reading