This is NOT a “run for the hills” moment. Instead, it’s a fantastic short-term trading opportunity.
It’s been 14 trading sessions since the financial media was abuzz with the fact that the Russell 2000 Index experienced a Death Cross. That is to say its 50-day simple moving average (SMA) trended below its 200-day SMA. The coverage was all about why the Death Cross spelled impending doom for small-cap stocks and, by extension, the entire stock market.
If you want to know why the gold price today was up after some dismal performance, here’s all you need to know…
As governments get more aggressive about curbing sweetheart deals that allow many U.S. companies to drastically lower their corporate taxes, it will take a big bite out of their profits – and that’s bad news for stocks.
Something is now afoot in the Pacific Northwest that is going to change how we think about pricing oil – and this new wrinkle is going to provide a range of fantastic opportunities for investors.