It doesn't get any better than this.
-Janet Yellen is back.
-Fed's balance sheet turning up again.
-Negative yielding bonds at new highs.
And, in the meantime……
The headlines are calling for the end of the bull market in gold.
It’s time to accumulate before the breakout. pic.twitter.com/jE52fA5G9b
— Otavio (Tavi) Costa (@TaviCosta) November 24, 2020
— Liz Ann Sonders (@LizAnnSonders) November 23, 2020
— Liz Ann Sonders (@LizAnnSonders) November 24, 2020
$SPX Daily Sentiment 50dma has turned up.
This is a Major *potential* positive development and could lead to a year-end extension rally.
In 33 years of data history, 31 years had a similar year-end rally – and note this one looks almost identical to 2019 so far. pic.twitter.com/vpC8FqMyJ1
— Macro Charts (@MacroCharts) November 24, 2020
Manufacturing divergence. pic.twitter.com/KUIvsLDnFL
— Frederik Ducrozet (@fwred) November 24, 2020