Read More

Bullion’s Wall Street Boom: Technicals Suggest All-Time Highs Might Be Hit Soon

Gold is having another strong week of gains, breaching the important psychological barrier of $2,000/oz and now nearing its August 2020 record high of $2,075/oz.  The SPDR Gold Trust ETF (ARCA: GLD) is barely 3% away from its all-time high of $195.  A series of bullish catalysts has fueled the precious metal's recent climb. 

GLD

Read More

Recession Playbook In Action: Cooling Labor Market Triggers Rally In Treasuries, Gold; Stocks Decline

Recent economic data has prompted investors to hedge against the rising likelihood of a recession.  In February 2023, there were 9.9 million job openings, which was the lowest level since May 2021 and below market estimates of 10.4 million, suggesting that the labor market may have begun to weaken. 

$XLM

Read More

5 Best And Worst Performing Country ETFs For Q1 2023: A Defaulting Country’s Stock Market Beats S&P 500

As the first quarter of 2023 is coming to an end, now is an opportune time to assess the stock market performance of different countries. The U.S. stock market, as represented by the SPDR S&P 500 ETF Trust (ARCA: SPY), ranks only 22nd in the top performing country ETFs list, posting a quarterly total return of about 6%.

AMX