We've completed the year's first trading quadrimestre . And just as we saw at March's month-end, so too through April is Gold again sporting the highest year-to-date percentage BEGOS Markets vertex as the "The Leader of the Pack" –[The Shangri-Las, '64]:
To be sure, in yesterday's settling of the week, at "1999" –[Prince, '82], 'tis but a 90-point sprint to the present All-Time High , which as herein detailed a week ago can happen in a heartbeat. And speaking of stocks in general, to again reprise the late great football coaching legend Vince Lombardi: "What the hell's goin' on out there?!?!?" After all, our missive's title for this week includes "S&P Train Wrecks" of which we've selected several to inspect. In fact, let's present them as follows in a form most picturesque:
Faltering too of late are the BEGOS Markets as next we go 'round the horn for all eight components across their daily bars for the past 21-trading days . Note that in every case, the baby blue dots of regression trend consistency are in decline; moreover, just seven trading days ago, each market's grey trendline was positive, four having since rotated to negative.
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Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »
Source: KitcoNewsNOW - 🏆 13. / 78 Read more »