GDX/SPY Ratio
I suppose the miners won’t see fireworks (big inflows) until the dotted line is broken:
Continue reading » Tag: S&P500
Four Big Charts For Gold
Look at these four long term charts and see if an interesting picture starts to materialize… Long Term UST 2s4s Spread: Long term Commodities versus US Equities (S&P 500) Ratio : Long Term Gold/SPY (S&P500) Ratio: Long Term...
Continue reading » Chart of the Day: Gold vs. S&P 500
… Which one would you consider a bargain ATM?
Continue reading » Comparing Cross-Asset Correlations Before and After Trump
I was interested in examining the changes in cross-asset correlations for the months leading up to the elections versus the correlations after the election, ergo before and after “The Trump Hype” aka “The Reflation Trade”. Additional background reading: “Morgan Stanley: A ‘correlation crash’ is happening in...
Continue reading » Correlation Table: The Results May (Should) Shock You
I was interested to see what the correlation was between different assets and asset classes during the period from when gold topped 2011, to when it bottomed 2015. I just had to include the Yen (USD/JPY) since more and more people are noticing its seemingly...
Continue reading » US stock market euphoria
Setting the scene… ( S&P500): As the US stock indices have almost gone vertical I thought it might be interesting to map just how euphoric investors are today… Yesterday the largest S&P500 ETF saw the second biggest inflow in over 5 years....
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