• Entertainment
  • Finance
  • Marketing
  • Real Estate
  • Technology
  • Social
National Journal Community Of e-Experts
Finance

Gold – A Unique Repeat Of 2007 And How To Profit

By Kurt Osterberg · On April 19, 2018

Since Spring is in the air here are some colorful charts to show you where we feel the price of stocks are within the current bull market.

Below are monthly charts of the SP500 index and the price of gold. The first chart shows a pattern that gold formed just before stocks hit all-time new highs and the bear market started.

The chart is a little noisy, lots of analysis, but we color-coded each area to break it into clear bits size analysis. The chart shows you what happened and what is likely to happen again.

YOU ARE HERE IN THE STOCK MARKET

This is the current monthly chart, and if you compare the price action with the above chart, you can’t help but think things are set up in a similar formation as 2007 – 2008.

WHAT DOES ALL THIS MEAN?

It means the stock market is nearing a significant top and all everyone’s long-term buy and hold investments should be reviewed and prepared for a rebalancing later this year. Precious metals should do well this year, stocks should top out and for you to preserve hard-earned money cash is always king for those who don’t actively trade. But if you do trade or you are an active investor huge amounts of money can be made during times of increased volatility, precious metals, and falling stock market prices.

TODAY’S STOCK MARKET ANALYSIS – WED APRIL 18TH

What an AWESOME DAY!

All our positions rocketed higher with our most recent entry in SIL (silver miners) leading the way.

We closed our TNA position to lock in 17.7% on the second portion of that trade.

Yes, we do feel the markets will run higher, but we also like to lock in the quick, easy money trades like TNA especially when the overall market is looking and feeling a little top heavy for a day or three.

The chart below of the SP500 index paints a color picture of what I feel will unfold in the very near term.

Print Friendly, PDF & Email

Share Tweet

Kurt Osterberg

You Might Also Like

  • Finance

    How To Earn A 10% Yield On Cost From PepsiCo Dividends

  • Finance

    Extreme Cold Weather Forecast Puts Natural Gas ETFs In Focus

  • Finance

    How To Trade Options

Top Finance

  • Dollar General (DG) Q2 Earnings And Revenues Surpass Estimates Dollar General (DG) Q2 Earnings And Revenues Surpass Estimates
  • Samsung Galaxy Note 9 Review Samsung Galaxy Note 9 Review
  • USD/CAD Forecast October 22-26 – Will The Canadian Dollar Rise On The Rate Hike USD/CAD Forecast October 22-26 – Will The Canadian Dollar Rise On The Rate Hike
  • Extreme Cold Weather Forecast Puts Natural Gas ETFs In Focus Extreme Cold Weather Forecast Puts Natural Gas ETFs In Focus
  • Chart: Amazon’s Dominance In Ecommerce Chart: Amazon’s Dominance In Ecommerce

New Posts

  • How To Earn A 10% Yield On Cost From PepsiCo Dividends

    How To Earn A 10% Yield On Cost From PepsiCo Dividends

    October 21, 2018
  • Extreme Cold Weather Forecast Puts Natural Gas ETFs In Focus

    Extreme Cold Weather Forecast Puts Natural Gas ETFs In Focus

    October 21, 2018
  • How To Trade Options

    How To Trade Options

    October 21, 2018
  • Adding To Merkel’s Woes: SPD’s Collapse In Germany, Greens The New Left Darlings

    Adding To Merkel’s Woes: SPD’s Collapse In Germany, Greens The New Left Darlings

    October 20, 2018
  • Self Sufficiency Over Adversity

    Self Sufficiency Over Adversity

    October 20, 2018
  • About
  • Contact Us
  • Privacy & Policy
  • Sitemap
  • Terms of use

Copyright © 2018 NJCEE. All Rights Reserved.