Top Timer Recognition: Stocks, Bonds, Gold

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Timer Digest monitors over 100 leading newsletter market timing models.

Click here to check out a sample issue of The Mutual Fund Strategist.

♦ Please note that my readings will change without notice,  so please don’t buy or sell solely based on anything you read in this blog. ♦

Timer Digest’s #2 Gold Timer for 2018

The Mutual Fund Strategist’s gold trading model landed in the second place spot in Timer Digest’s year-end ranking. The performance index is calculated by tracking advisors’ long and short positions in the CMX Gold Index.

In addition, our newsletter service was recognized as the #5 US Stocks timer for the past six months and #7 US Stocks long-term timer for the period ending 12/31/18.

Timer Digest monitors over 100 leading newsletter market timing models.

Click here to check out a sample issue of The Mutual Fund Strategist.

♦ Please note that my readings will change without notice,  so please don’t buy or sell solely based on anything you read in this blog. ♦

Now I’ve seen everything

Brian Kelly's Vomiting CamelYesterday on CNBC’s Fast Money program Brian Kelly, tongue in cheek, introduced a “vomiting camel” chart pattern and explained why he feels that after last week’s rout, gold still has much farther to fall. Not to be outdone, last night Plato’s Bunker tweeted a “vomiting kangaroo” which charts the weakening Australian dollar.

Plato's Bunker Vomiting Kangaroo

As you can see, both gold and the Aussie are getting crushed, thanks to a surging US dollar. The greenback now sits at a 4-year high – getting a fresh boost last week from the Bank of Japan’s surprise move to ramp up its already massive bond buying program. At this point, Japan’s central bank is throwing everything except the kitchen sink at its economy to spur growth.

My more traditional (but boring) chart below depicts gold bullion falling through support last week, a level that held prices in check since April. Gold Weekly Nov 4 2014

♦ Please note that my readings will change without notice,  so please don’t buy or sell solely based on anything you read in this blog. ♦