Daily Charts - Valuations don't matter
1."Valuations don't matter"
Seems like analyst creativity rises exponentially around stockmarket peaks.
Nothing new in markets and investor psychology! $S&P 500(.SPX)$ $NASDAQ(.IXIC)$ $DJIA(.DJI)$
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2.Crude Conundrum
-stuck in the range
-buyers running out of steam
-sellers can't get it below support
When this stalemate breaks it is going to be a *huge* move... $WTI Crude Oil - main 2503(CLmain)$
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3.Most important chart on Gold ?
We are in the middle of a historic rebalancing of reserve portfolios.
Meanwhile most retail and institutional investors are still stuck in the old ways... $Gold - main 2504(GCmain)$
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