Markets: Charting The Big Picture In These Sectors (GLD, SLV, XLE, SPY, SLW, IBB)
Toby Connor: More often than not we as investors get caught up in the day-to-day action and never take the time to step back and look at the big picture. Today I’m just going to post some long term charts with appropriate annotations.
S&P 500 Index (NYSE:SPY):
Nasdaq Composite (NASDAQ:QQQ):
Energy Select Sector SPDR ETF (NYSE:XLE):
Gold Bugs Index:
Silver Wheaton (NYSE:SLW):
THE LIGHT AT THE END OF THE TUNNEL.
Biotech iShares (NYSE:IBB)
Toby Connor is the author of Gold Scents, a financial blog with a special emphasis on the gold secular bull market. Mr. Connor’s analysis skill of the markets is largely self-taught, though he admits to being an avid reader of Richard Russell and Jim Rogers, among several others.