Stock Market Today: Gold’s Rocket Ship Rise

Dan Russo

As stocks consolidate recent gains, the price of Gold (NYSEARCA: GLD) continues to rise sharply.

This comes as the Federal Reserve signaled a softer monetary policy in their latest meeting. Lower interest rates and a weaker dollar are sparking gold prices higher and have put a general bid under the S&P 500 (NYSEARCA: SPY) of late.

In today’s video we discuss current market dynamics and themes and select stocks and sectors we like. Here’s a recap:

– Market waiting for new information

– Gold is going through the roof

– Resistance is not futile! SPX held at 2950

Stock Market Today Video – June 25, 2019

Twitter:  @DanRusso_CMT

Author may have a position in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.

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