We are going to continue making Thursday our chart section in only Superstock Investor. That said, we are changing the format. Each Thursday in Wall Street Rebel we have moved to doing a Chart of The Week.
If you want to follow the S&P 500, then you will need to sign up for www.superstockinvestor.com at the website when subscriptions become available. Each week in Superstock we track the S&P 500, NASDAQ Composite, Russell 2000, Emerging Markets (EEM), 20 Year Treasury (TLT), U.S. Dollar (UUP), High Yield Bonds (HYG) and Corporate Bonds (LQD).
Last week we looked at the TLT which is mired in a nasty downtrend. There appears to be more trouble ahead as it has fallen week over week.
This week we look at gold via GLD which is struggling but could turn up sooner than later. We will continue to watch this closely.