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3 Stocks to Watch This Earnings Season

3 Stocks to Watch This Earnings Season

Stocks began Friday with a…

Investors Bullish As Earnings Season Kicks Off

Investors Bullish As Earnings Season Kicks Off

The first round of earnings…

A Patriots Path

The good news this morning is the country doesn't appear to be suffering the effects of Stockholm syndrome. Whew. The bad news, however - is Washington still holds us hostage from time to time.

To cut to the chase, although both assets more or less had trended together from 2008 into the third quarter of 2011, gold and equities have basically taken mirrored paths - ever since our beloved patriots down in Washington resolved their last congressional civil war.

We were hoping this fall for a correlation transition to more unity between assets, but for the moment they appear to be marching with their respective biases - very much like our fearless representatives...

GOLD vs SPX Daily Chart
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Here's a quick around the horn of a few trends we have been following.

1987 SPX vs 2013 BKX
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For recent context - see Here.

Apple 2013 vs Oil (WTI) 2009
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Apple 2013 vs Oil (USO) 2009
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Apple 2011-2013 vs GDX 2011-2013 vs Oil (WTI) 2007-2009 Daily Chart
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For recent context - see Here.

10 Year Yield 2004 vs 2013 Daily Chart
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For recent context - see Here.

Silver (SLV) 2013 vs Australian $ 2013 Daily Chart
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Silver (SLV) 2013 vs Australian $ 2013 120 Minute Chart
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For recent context - see Here.

SPX Monthly
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1995 SPX vs 2013 SPX
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For recent context - see Here.

 

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