Quantified Funds 5/4/20

U.S. equity markets posted losses in all three indexes last week. The S&P 500 lost 0.21%, the Dow Jones Industrial Average lost 0.22%, and the NASDAQ Composite lost 0.34%. Six out of the 11 sectors were up last week; Energy, which posted the largest gain, was up...

Monetary expansion could favor gold

Gold prices found support around the $1,700-per-ounce level, closing the week at $1,700.90 per ounce (see the following chart). Gold remains in a bullish trend, with the precious metal up about 35% over the last year. By contrast, equity index averages such as the...