by David Wismer | Sep 21, 2020 | In My Opinion
Over 2,500 years ago, in what may have been one of the earliest examples of behavioral finance theory, ancient Greek philosopher Aristotle is reported to have said the following regarding the achievement of success: “First, have a definite, clear practical ideal; a...
by Flexible Plan Investments | Sep 21, 2020 | Quantified Funds
U.S. equity markets posted losses in all three indexes last week. The Dow Jones Industrial Average lost 0.03%, the NASDAQ Composite lost 0.56%, and the S&P 500 lost 0.64%. Four of the 11 sectors were up last week; Energy, which posted the largest gain, was up...
by Flexible Plan Investments | Sep 21, 2020 | The Gold Bullion Strategy Fund
Last week, the gold spot price was up 0.53% and the U.S. Dollar Index was down 0.44%. The Gold Bullion Strategy Fund (QGLDX) gained 0.37% for the week. The value of the COMEX gold futures, which closes early at 1:30 p.m., was up 0.73% for the week. The short-duration...
by Flexible Plan Investments | Sep 21, 2020 | What's Happening at FPI
Third-quarter statements Third-quarter account summaries and OnTarget statements are scheduled to be delivered next month. For those clients who have elected to receive our correspondence electronically, be sure to go to ontargetinvesting.com to verify that we have...
by Rick Andrews | Sep 21, 2020 | Gold Nugget
Last week, we noted that gold’s price consolidation had completed a “pennant” formation. The formation extended into an even tighter consolidation last week, as gold closed at $1,962.10 per ounce (see the following chart). Since this pattern usually precedes a...