Daily Charts - Gold has done an outstanding job as a bond alternative

Callum_Thomas
05-05

1.Gold vs Bonds

Gold has done an outstanding job as a bond alternative — and has not only outperformed as a diversifier in downturns, but has outright added to returns even as risk assets have performed well. $Gold - main 2506(GCmain)$ $iShares 20+ Year Treasury Bond ETF(TLT)$

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2."Sell in May" actually refers to the May-Oct period, which has historically been the worst time of the year for stocks.

(vs Nov-Apr being the best)

May-Oct is particularly worse in Bear Markets $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$

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3."The Euphoriameter" stockmarket cycle indicator has peaked at a record level and rolled over...

But key questions:

--is this the eye of the storm?

--or just a late-cycle reset?

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Gold Breaks Above $3300: Can This Rally Push Even Higher?
Gold prices have surged again, climbing back above $3,300. Over the past two weeks, gold has experienced a roller-coaster ride—after nearing its historical high of $3,500 earlier this month, prices plunged to a low of $3,123 on May 15, marking a 10% pullback, only to rebound back above $3,300 this week. Online debates are heating up over whether gold is "trapping investors at the top" and whether it's still a good buy. What’s your take? What’s your target price for gold this year? With gold rising and U.S. stocks falling, is gold better suited for swing trading in the current market?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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