Expect the Amex Gold Bugs to S&P 500 highs to be challenged soon and gold stocks to continue to lead the stock market rally.
Amex Gold Bug Index to S&P 500 Ratio:
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Saturday, May 15, 2010
Gold Stock Leadership
The gold stocks continue to show strength relative to S&P 500 despite Friday's stock market decline. This out performance illustrates the broadening participation within the gold sector.
Expect the Amex Gold Bugs to S&P 500 highs to be challenged soon and gold stocks to continue to lead the stock market rally.
Amex Gold Bug Index to S&P 500 Ratio:
Expect the Amex Gold Bugs to S&P 500 highs to be challenged soon and gold stocks to continue to lead the stock market rally.
Amex Gold Bug Index to S&P 500 Ratio:
Labels:
Technical Analysis
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