Loading ...That’s not important.
PM stocks have more downside going into January at a minimum with any luck.
I think stocks are at an important turning point going into January.
They have politicized the markets today. So, for public consumption, meaning to demonize Trump, expect stocks to roll over around inauguration time – late January or February. (Maybe before as it will look like the honeymoon was cut short.)
When the broad market rolls over the lack of liquidity in the sector can keep prices suppressed even with positive seasonality for a time. History says up to six months. But PM stocks are so hated here who knows this time.
That’s my story – and I’m sticking to it.
Chuckle