Gold Soars While S&P 500 Fades On First Trading Day Of 2021 – What Is Next? – Mike Swanson (01/05/2021)

The first trading day of the year starts out with a bang for gold and silver precious metals investors and mining stock traders, but with a whimper for those only invested in the S&P 500 and DOW. Should the latter really be that concerned about one’s days action in the stock market. Here is my take on the situation thinking of the technical analysis stock charts, and what is likely to happen next.

Gold up so big Monday is confirmation of why I made my top stock pick for this month a small cap mining stock. Get the details in my post here.

If you are new to this website and want to learn more about stock trading and investing get my book Strategic Stock Trading.

-Mike



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