Troy Bombardia @ Bull Markets recently posted... Why I'm medium - long term bullish on the stock market
Everyone now loves the
US stock market bull and utterly detests the ugly image of the gold stocks in the fun house mirror as the public has finally decided to run with the aging US stock bull and the final holdouts are throwing in the towel in the precious metals.
Do simple moving averages (SMA) commonly used to
identify stock market bull and bear regimes work similarly for the spot gold market?
It could show that rising interest rates do not reflect improved growth as so
many stock market bulls conveniently claim, but a loss of confidence in the dollar and the creditworthiness of the United States.»
Troy Bombardia @ Bull Markets recently posted... Why I'm medium - long term bullish on the stock market
(Bloomberg Prophets)-- For most of the post-crisis period,
stock market bulls have wished for inflation to return.
Therefore, on the surface, the bearish camp has a great deal of ammunition to use against
the stock market bulls.
That just - concluded meeting was, according to some economic and
stock market bulls, to include a third round of quantitative easing, popularly dubbed QE3.
It does appear that
the stock market bull is starting to snore and there appears to be another economic slowdown on the horizon.
Indeed, it is possible that
the stock market bull ended in January of 2018.