NEW YORK/WAM Gold surged to a fresh record above US$4,800 on Wednesday, buoyed by safe-haven …
Read More »BofA says an ominous signal from S&P 500 is pointing to gains
BLOOMBERG A Bank of America Corp (BofA) strategist says you shouldn’t be fooled by a seemingly bearish signal being flashed by the stocks in the S&P 500 Index. To the contrary, history shows it may even point to strong gains ahead. The 50-day moving average of the S&P 500 Equal Weight Index — a version of the benchmark that gives …
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