Monday Morning Chartology
While the S&P has acted a little ‘toppy’ the last week or so (talking my book again), it nonetheless remains well within all major uptrends. On the other hand, after trading above the upper boundary of its short term trading range one day more than needed to confirm a re-set to an uptrend, the Dow fell back below that boundary and has remained there.
GLD is still a sick puppy.
The VIX continues to trade within its short term trading range, neutral for stocks.
Update on ‘the best stock market indicator ever’.
What are the housing stocks telling us (medium):
The best ’10 investment rules’ that I have ever seen (medium):
News on Stocks in Our Portfolios
This Week’s Data
Ray Dalio on the EU (medium):