• Where Are Stocks Headed Next?

    27 days ago - By ETF Daily News

    From Gary Tanashian : We began the Amigos theme last year in order to be guided by the goofy riders during the ending stages of a cyclical, risk-on phase that was not going to end until the proper macro signals come about, no matter how many times the bears declared victory along the way.
    The fact that grown adults see conspiracies around every corner (okay, I see them around every third corner myself, but work with me here) makes such macro signaling very necessary in order to keep bias at bay.
    To review...
    Amigo 1 is the SPX/Gold Ratio and a counter cyclical and risk ‘off' environment...
    Read more ...