After a steep decline in $XLE/ AMEX:GLD , the chart has now formed the highlighted cup & handle.
Combine this with the observation that CPI YoY & Core PCE YoY ( ECONOMICS:USCCPI ) are in strong declining trends , which historically correlates negatively with oil (and oil-related equities) and positively with gold.
Executing on this idea: use a lower-vega...
Recently, experienced financial analyst/economist Michael Howell (see footnote 1) has made the case that central bank liquidity (and to a lesser degree, private sector liquidity) is what drives risk-on markets ( NASDAQ:QQQ , KRAKEN:BTCUSD ).
While Dr. Howell uses his own deep analysis to predict that liquidity is now in an uptrend (see any of his numerous...
