Hey Dave, can you see the positive curolation between the equity market and Silver? For a very long time, every time Silver goes through meltdown, it takes the equity market with it. Ant thought?
I like it. Something that might be interesting to cover is, and I think it was Bob Farrell maybe, but I remember a correlation of what industries did well in which parts of the market cycle. With recession talk, which we've been in and will be confirmed a year from now when it's well over (hopefully), it would be interesting to see if the sectors that are performing are confirming it.
Sam Stovall's work here is exceptional. See the image with idealized market cycle and sector leadership, right below the performance chart: stockcharts.com/freecharts/perf.php?[SECT] D
One of the very few you tubers providing such macro and insightful content. Love your work!
Very appreciate your thoughtful comments! D
Thanks Dave I always appreciate your insight.
Thanks so much for watching! D
Hey Dave, can you see the positive curolation between the equity market and Silver? For a very long time, every time Silver goes through meltdown, it takes the equity market with it. Ant thought?
Correlation between stocks and precious metals is actually super inconsistent... D
you have been very active recently Dave on this channel! Well done! keep it up!!
Appreciate the positive feedback!! D
Thank you Dave. lower 5% unless short squeeze move.
Last week felt like a strong bull move... but anemic breadth still very much an issue! D
I like it. Something that might be interesting to cover is, and I think it was Bob Farrell maybe, but I remember a correlation of what industries did well in which parts of the market cycle. With recession talk, which we've been in and will be confirmed a year from now when it's well over (hopefully), it would be interesting to see if the sectors that are performing are confirming it.
Sam Stovall's work here is exceptional. See the image with idealized market cycle and sector leadership, right below the performance chart: stockcharts.com/freecharts/perf.php?[SECT] D
What about QQQ vs SMH for a new Dow Theory? That's what I think of. Economy is mostly tech now so tech economy vs "tech transport" being chips
Interesting theory... but too high correlation/overlap between these two to really be differentiated very much I'd guess D
Buy Buy Buy!!!
Not yet... but close! D
Hello sir
Thanks so much for watching! D