Are You Ready For The Next Rally?
Written by Craig Hemke, Sprott Money News & TF Metals Report
Each of the last three years have begun with gold rallies of over 10%. The stage is set for another such move in 2018. Are you prepared?
Heading into Monday's session, the S&P had gone for 34 consecutive trading sessions in which it hadn't experienced an intraday move greater than 1%: according to the WSJ's Market Data Group, this was the longest such streak going back over two decades, to 1995. And, following the Monday close, the market made history when it ended yet another day by being confined to a 1% trading range. This made it 35 consecutive sessions without an intraday move of 1% or more.