The Closing Look
Over the past week, the benchmark S&P 500 vaulted ~120 points or +6.6%! That is a huge move by any normal measure. In “normal” (non/Central Bank printing money days), a 10% gain for the entire year was considered “normal.” Clearly, a +6.6% rally in a 4 trading days is considered very strong and the market is over due to pullback to digest that move.
Gary’s Thoughts: Gold…gold…and more gold…and not thrilled with glamour growth nor financials. Hmmm!
Gary which Gold stocks do you like right now?
Thank You Gary and @stoolander for what looks to be a reliable and easy go-to link for the day’s broadcast. Been realizing that a grasp on market direction is not as easy a proposition and my brain must be active. But being able to get to one of the most fundamental pieces in forming my view is a big deal. So, once again thank you for the daily link.