Quantified Funds 11/04/19

U.S. equity markets posted gains in all three indexes last week. The NASDAQ Composite gained 1.74%, the S&P 500 gained 1.47%, and the Dow Jones Industrial Average gained 1.44%. Eight of the 11 sectors were up last week; Health Care posted the largest gain at about...

Buying opportunity for gold still in play

Gold prices closed a little higher last week at $1,515 per ounce, holding above the $1,500-per-ounce support level. The “pennant” consolidation may still be providing a buying opportunity (see the following chart). Concerns about the U.S. economy persist, as the...