An effective way to gauge the breadth of the market is to see the percentage of SP500 stocks which are trading above their 200 day moving average (DMA). As we can see from the chart below a high % of…
Month: September 2020
Gold – more room ahead?
One of the key themes in the market is how money flows between various asset classes. If one analyses the performance of asset classes like Equities, Fixed Income, Gold, Currencies and Commodities it is clear that each has its own…
Nasdaq – Stay Long or be wrong!
Tech stocks in the US are clearly the favourite talking topic amongst stock investors. Those who are invested are more than happy with the gains so far but feel there is a lot more room ahead. Those who are not…