PAY ATTENTION TO THE NEW GOLDEN CROSS IN THE STOCK MARKET BUT NOT FOR THE REASON YOU WOULD THINK $AAPL $AMZN $FB $AMD $SPY $DJIA $QQQ $IWM
There is a new so-called golden cross in the stock market. Consider paying attention to it, but not for reasons others have cited. Let us explore the issue with the help of a chart. Chart Please click here for an annotated chart of S&P 500 ETF SPY. Investors may also want to observe similar behavior on the charts of Dow Jones Industrial Average DJIA, Nasdaq 100 ETF QQQ, and small-cap ETF IWM. Those don’t produce a golden cross or a death cross at the same time. Please note the following: • The chart shows the new golden cross. • A