https://www.odt.co.nz/news/world/eu-...-recovery-deal
EU reaches accord to spend trillions of dollars to cushion COVID-19 adverse impact.
The money just keep coming!
Printable View
https://www.odt.co.nz/news/world/eu-...-recovery-deal
EU reaches accord to spend trillions of dollars to cushion COVID-19 adverse impact.
The money just keep coming!
gold on a tear , mentioned months ago we would test the highs some where around 1850 - 1900 level. interesting that as gold roars and bonds are verging on a major break down to new lows , equities keep going up. Who;s right or maybe it doesnt matter anymore?
why the nasdaq outperform
Six tech stocks now make up half the value of the Nasdaq 100
https://www.cnbc.com/2020/07/22/thes...00s-value.html
also The S&P 500 gets 22% of its value from five of those companies
I was just mentioning the concentration in tech yesterday and we getting a bit of sell off today. gold pretty much hit our cycle target today at 1898 so we see what happens pretty overbrought at these levels but lets see should remain well supported and watching the bonds if we get a decisive breakdown might get some fire works in some sectors of the market.
some good places to have money parked since march (some individual stocks have done better )
Up from the March Lows
Silver Miners SIL: 178%
Brent: +174%
Gold Miners GDX: +152%
Silver: +96%
Oil Stocks XLE: +67%
Nasdaq: +64%
Copper: +51%
Dow Transports: +51%
Russell 2000: +55%
S&P 500: +49%
Gold: +28%
Bloomberg data.
gold still going strong , blew past my 1900 level but still well overbrought so lets see
Simple stock investors who recognise mega scams like Bitcoin and leave the scams to the fools to play with.
This is not a thread to promote scams, much as some posters here would like to think and do.
Whatever happened with all the doom and gloom the likes of you & Entrep were posting incessantly for months anyway?
Quite simple Balance, stocks kept going up. I know your head is in the sand but really!? I'm not short stocks so I'm not concerned.
Most balanced share investors probably want to know about both sides of the debate when making their decisions. You seem to think some sort of echo chamber is preferable. Very unbalanced I have to say.
If you think me posting BTC gains alongside some other poster referring to gold is scammy then report the post and have your buddies ban me. Otherwise keep eating that crypto salt