Monday, July 15, 2013
Continuous Commodity Index Points to Rally in Gold & Silver
Money has been flowing out of bonds at record levels this summer telling us most of market participants are feeling bullish on the stock market. This shift in sentiment of the masses are typical as they move their money from the risk on safer assets (bonds & commodities) and rotate into risk-on assets like stocks. While this is a bearish (contrarian sign) stocks could easily continue to rally for an extended period of time and possibly several more months before they actually top out.
Just click here and we'll take a look at the financial market business cycle diagram.
Don't miss this weeks Free Webinar with Carolyn "The Fibonacci Queen" Boroden. Just click here to attend "How to Use Fibonacci Analysis in Your Trading" Wednesday, July 17th at 8:00PM est