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December 20, 2016

FIVE REASONS STOCKS ARE BEING BOUGHT AND GOLD SOLD DESPITE TERROR NEWS $YM_F $SPY $QQQ $IWM $GC_F $GLD $SLV $GDX $NUGT $DUST

FIVE REASONS STOCKS ARE BEING BOUGHT AND GOLD SOLD DESPITE TERROR NEWS $YM_F $SPY $QQQ $IWM $GC_F $GLD $SLV $GDX $NUGT $DUST

(Please scroll down for annotated charts for insights.)

On Monday, there was news of terror and assassination. To most investors, it would have been logical for stocks to fall and gold to go up. Instead stocks went up and gold fell. Why did this happen?

The five

Here are the five real reasons that explain what is happening.

  • Taxes are likely to be lower in 2017. There is no point in selling now.
  • Money managers are in the mode of performance chase, willing to buy even the tiniest dip.
  • Mom and pop are getting excited about Dow 20,000 and sending money to their favorite mutual funds.
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