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

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. $Gold - main 2506(GCmain)$ $iShares 20+ Year Treasury Bond ETF(TLT)$

ImageImage

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 $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$

ImageImage

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?

ImageImage

For whom haven't open CBA can know more from below:

🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!

Find out more here:

# Gold & Silver Hover at Highs: Wait for Continued Break?

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.

Report

Comment

  • Top
  • Latest
empty
No comments yet