A bit of an update on our Icebergs charts concept. This idea was introduced almost 10 years ago, and a few extra elements have been added since version 3. The Icebergs algo is not the fastest, so it’s not meant for daytrading, but it offers a unique way to see the overall market condition in… Continue reading Icebergs 4
Tag: gold
Is gold really outperforming the S&P 500?
I saw this tweet, which tries to show that gold has been a better investment than stocks: History: #Gold has beaten the S&P 500 index so far this century: #Markets pic.twitter.com/bDtmmvu4GW — Physical Gold Fund (@PhysGoldFund) February 14, 2019 I will shamelessly repost the chart it uses to make the case: That looks very convincing,… Continue reading Is gold really outperforming the S&P 500?
Iceberg chart for gold
Stock markets had another rough week. We got the serious down days and the nervousness I warned for in last week’s post. Now the question becomes whether the August lows will be revisited or not. Let’s have a look at the Nasdaq chart (click image to enlarge it): We are in a new lunar green… Continue reading Iceberg chart for gold
Key reversal levels for week of August 4, 2014
Our key tables and comments for this week, now in slideshow format. Click the “Expand” button (bottom right) to watch in full screen mode. Click on “Slideshare” (bottom left) if you want to save and print it. If you have any trouble to see the presentation below, then you can also click here. Good luck,… Continue reading Key reversal levels for week of August 4, 2014
Key reversal levels for week of July 28, 2014
Our key tables and comments for this week, now in slideshow format (click on “Slideshare” if you want to watch in fullscreen, or save and print it). If you have any trouble to see the presentation below, then you can also click here. Good luck, Danny