Market Update 12/30/19

Market Update 12/30/19

Most of the major stock market indexes finished moderately higher last week: The Dow Jones Industrial Average gained 0.67%, the S&P 500 Stock Index rose 0.58%, the NASDAQ Composite climbed 0.91%, and the Russell 2000 small-capitalization index lost 0.17%. The...

Gold prices finally break out

After consolidating for four weeks, gold prices finally broke out from a pattern of higher highs and higher lows (see the following chart). Gold closed the week at $1,518.20 per ounce, setting up a run at the previous high set last October. Some well-known analysts...