The inflation fear trade was reignited today after McDonald’s disappointed and existing home sales showed a 1.2 percent decline in June. Following the news, the price of gold climbed 3.17 percent. StockCharts.com Recent housing market and McDonald’s earnings news seems to have put an end to the market’s “taper tantrum” — at least temporarily. Even […]
Tag Archives: Gold
The Gold Rush — Out!
StockCharts.com For all of the Gold Bugs out there, we are quickly approaching what may be a good buying opportunity for the SPDR Gold Trust (GLD). As I have said many times before, I am not a believer in the gold trade. I did not expect to see a significant rise in inflation; and I […]
When Should I Sell A Losing Stock Position?
This is always a difficult question to answer because there are so many variables that must be taken into consideration. For example, at what price point was the position entered into, and is there a gain or a loss on the position. If there is a loss then how much of a loss is there […]
Posted in Articles, Fundamentals Also tagged GLD, Losing, Position, SPDR, Stock, Trust Leave a comment
