Quantified Funds 11/11/19

U.S. equity markets posted gains in all three indexes last week. The Dow Jones Industrial Average gained 1.22%, the NASDAQ Composite gained 1.06%, and the S&P 500 gained 0.85%. Seven of the 11 sectors were up last week; Financials posted the largest gain at about...

Gold and lower interest rates

Gold prices fell last week, closing at $1,462.90 per ounce. Prices broke out of their recent “pennant” formation (see last week’s article) and tested the previous support level at $1,460 per ounce. The Federal Reserve recently announced its third interest-rate cut of...