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VS Industry 21/6/2020 by Newbie Trading Channelvs 21/6/2020 chart tends to replicate their past movement all the time , are we seeing a similar channel here? Will it move to 1.250 area , where the major downtrend resistant line resisting here? Concern is the upcoming quarter report here, investors are still on the defensive side as the upcoming quarter report is yet to be announced. DISCLAIMER: STOCK INVESTMENT INVOLVED SUBSTANTIAL RISK OF LOSS. MENTIONED STOCKS ARE JUST FOR RESEARCH, EDUCATIONAL PURPOSE. NO RESPONSIBILITY WILL BE TAKEN BY ANY PARTY
MYX:VS
by NewbieTradingChannel
Is Gold a Good Safe Haven During a Market Crash?Gold is widely perceived as the best safe haven for your capital as the stock market goes through a bear market correction or crash. But is this really true? For gold to be a good hedge it would need to move in the opposite direction (have a negative correlation) to the broad market index, in this case, the S&P500. Looking back 15 years we can see this is not the case for Gold (GLD) versus the market. 2005 to 2007 Gold out-performs the S&P500 with 52% gains compared to 25% for the S&P500 2007 to 2009 During the Financial Crisis, Gold provided a good safe haven for 7 months until it lost all of its gains. 2009 to Present The S&P 500 goes on a staggering bull run making 481% to January 2020 Gold makes 138% from 2009 to 2012 moving in correlation with the market, then suffers a serious crash wiping out 42% of its value. The crash and stagnation lasts 8 years. Gold is still 13% lower than its previous all-time high. My Observation 1. Gold might provide a very temporary solution as a safe haven during the early part of a stock market correction. 2. During the Credit Crisis, Gold should have been a perfect store of value because as it seemed the Fiat Currency system was failing gold would have been a great replacement currency along with silver. But that did not work out. 3. Gold is only a safe haven is people think it is. 4. Since the 2009 market bottom, Gold has increased by 65% and the SP500 232% Would I use Gold as a safe haven? Personally no. Not based on this evidence. But in the short-term it may provide relief until people stop believing. What is a good alternative? Holding cash and dollar-cost averaging into the market again as we near the bottom. If you like this analysis, please like and follow so you dont miss future updates. Thanks for reading, Barry
AMEX:GLD
by liberatedstocktrader
10
Is this signal for short?I see this trade in Amateurs eyes for very risky short position. If you would like to get in, it's not smart because on the other side, we have buyers who are waiting for small sellers. At this moment every amateur looks at M15 and think; ''Oh,this is range and we broke through. Now I can get into and earn some money''. It can go to 1:1 (sl/profit) from entry where we broke through range, but it's very risky, so I rather wait sellers to come into higher timeframe zone (we are already in this zone) If sellers break though buyers strong zone, next buyers push will be even harder. Prepare yourself! Enjoy reading my analysis and see you next time Martin
by MP4
1