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Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Market Sentiment At Its Lowest In 10 Months

Market Sentiment At Its Lowest In 10 Months

Stocks sold off last week…

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This Past Week in Gold

SPDR Gold Trust Shares
GLD - sell signal this week.


iShares Silver Trust
SLV - on sell signal.


Market Vectors Gold Miners
GDX - sell signal this week.


XGD.TO
XGD.TO - sell signal this week.


Central Fund of Canada
CEF - sell signal this week.


GLD

The divergence between gold and stocks has resulted in a sell off in both stocks and metals this week. If past history is a guide, a multi week correction is now in progress.

Summary
Long term - on major sell signal.
Short term - on sell signals.

 

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