Quantified Funds 8/17/20

U.S. equity markets posted gains in all three indexes last week. The Dow Jones Industrial Average gained 1.81%, the S&P 500 gained 0.64%, and the NASDAQ Composite gained 0.08%. Eight of the 11 sectors were up last week; Industrials, which posted the largest gain,...

Factors still look good for gold

After setting new highs by breaking $2,000 per ounce the previous week, gold prices retraced, closing at $1,949.80 per ounce last week (see the following chart). Gold is now in a well-established bull market, and various factors indicate that this trend will hold for...