Stock Market Update - Feb 18, 2022 - Gold approaching Dow

 Another bad week for stocks. One of the indicators I like to use is the Gold vs. Dow chart. At the moment, gold is approaching the Dow's moving average line.

Generally when gold prices rise and stock prices go down it is a sign of a bad market. 

Stock Market Update - January 14, 2022

 My indicators are mixed this week. Nothing too horrible, mostly minor showing of weakness in some indicators. The NASDAQ is below its 30 week moving average just a little bit, the NYSE had more lows than highs, and the NYSE/DJIA were both down.

One of my favorite charts, the Dow vs GLD, shows the Dow outperforming gold. I view this as a good sign.

Have you tried to buy a car lately? Used or new they are hard to come by. Dealer lots are empty. So empty in fact that they have used vehicles in the show room and dissuade you from buying used (where they usually make a nice profit) for fear they won't have any example of the model to show potential buyers. Wow.

What's the problem? A chip shortage. The US is looking to boost more manufacturing here.

How about groceries? Tried to buy any of those lately? Around here the veggies shelves are empty. My plan? Go to the local farmer's market. A good idea anyway. Lots of fresh veggies and not pesticides to boot!

2021 Stock Market Year End Performance

 2021 was a good year for the market! In general up 20%. Not bad. Who would have thought a pandemic would be good for the stock market?

Here's how the major indexes performed:

• S&P 26.9%
• NasDaq 21.39%
• DOW 18.73%
• GLD -6.24%
• XLE (Energy ETF) 17.54%
• TIP (Treasury Inflation Protected Bonds) 1.10%
• Bitcoin 46.65%
  

A few visuals to show the year.

S&P 

 

 

 

 

 

 

NASDAQ

DOW

BitCoin to US Dollar

Stock Market Update - December 24, 2021

 The stage indicators this week turned green. Santa Clause rallied to bring them up.

Tech via the NasDaq took a bit of a hit in the last couple of weeks, but the 30 week moving average is still sloping upward which keeps us in stage 2.

 

 

If we look at gold versus the S&P we see gold is below the S&P. I read that as a positive indicator.

Merry Christmas!

 

Mid-Year Performance Review - July 5, 2021

Let's look at how the market is performing so far this year. It's been a good year so far.

• DOW:       +13.66%
• S&P:        +15.87
• NASDAQ: +13.59
• GLD:        -6.21

If we look at the charts going back to September 2020, we can see visually how things are progressing.

 Be cautious a pull back may be in order. We are in interesting times!

 

Stock Market Update - May 14, 2021

 Markets are mixed. The NASDAQ touched it's 30 week moving average line but finished just a hair above it. Gold is starting to move up a bit and the other averages are still above their 30 week moving average line. 

CNN's Fear and Greed indicator is in Fear for the first time in quite awhile.

 

Crypto currencies continue to be in the news with lots and lots of speculation. We also saw a major hack into a US pipeline with a payment of $5M coinage to the bad guys.

COVID news is also mixed. Countries with the vaccine are doing okay while others are struggling.

 

Stock Market Update - March 26, 2021

March is turning out to be a good month for investments and at this time all indicators are up.

Bitcoin continues to reach all time highs. Fidelity is considering launching a bitcoin ETF.

Gold is officially in stage 4.

COVID vaccinations are underway and the one does J&J shot is finally being delivered and administered.