Daily Charts - No good deed goes unpunished

Callum_Thomas
03-19

1.No good deed goes unpunished

The meteoric performance of US vs European equities more than accounted for all of the good things we know about the US and the bad of Europe (and then some)

$S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ $NASDAQ 100(NDX)$ $Invesco QQQ(QQQ)$ $Dow Jones(.DJI)$

ImageImage

2.US Semiconductors Market Cap weight

Bubble?

or 'bout right?

Tech Stock outlook: $VanEck Semiconductor ETF(SMH)$

ImageImage

3.Gold Multi-Asset views

-first gold gained vs cash

-then it started smashing bonds

-and now it's turning up vs stocks

We could be on the cusp of a major rotation trade here, and if so we will probably look back on charts like this and say "there were clues" $Gold - main 2504(GCmain)$

ImageImage

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.

Comments

  • Rainy777
    03-21
    Rainy777
    Gold vs stocks can go up either by gold price going up or by stock prices going down.
Leave a comment
1
34