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.
Weekly stock market analysis based on Stan Weinstein's stage analysis principles. Bull and Bear Market readings, Buy and Sell checklists, Dow, S&P, Nasdaq, GDOW, NYSE, NYSE A-D, NYSE 52 week highs and lows.
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.
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