Last week saw what amounted to a waterfall decline in the SPDR Dow Jones Industrial Average ETF (NYSEARCA: DIA) . It was very nasty and even scary. It brought a lot of panic into the market, because the technical analysis charts got crushed. But there are several things that also happened that make it so that the stock market should now rally.
I will post a special update for Power Investor members about what I’m doing in the markets and expect to do now Sunday morning.
The price of gold also is still doing well this year and is up even though the stock market is down. I still expect gold to beat the market for the rest of this year as it has been now doing since October of 2018. I discuss these topics in this special weekend video update.
