It's rare for the S&P500 to peak directly after a 6-month streak (only 1 out of 5 times since 2009). (and p.s. it's also seasonally rare for the S&P500 to decline during November) Rare times ahead? 🤔 Read more on this issue: www.chartstorm.info/p/weekly-s-a...

Gold — Long-Term Trend Zooming out to the big picture, the trend is still your friend for gold.

Stocks for the Long-Run? 🤔 This chart provides some useful (if contrarian) perspective and a reminder that although those were extremely different times back then to now in just about every way, markets don’t always just go up all the time every time. There are plenty of examples across countrie

2026 Opportunity? How about commodities... All this monetary easing we've seen this year (in absence of recession) is going to put a rocket under growth and that's going to brush up against tight supplies and capacity and hence inflation upside. Further details:

Tech stock valuations breaking out 📈 Bullish Take 👍 = it reflects rising profit margins, new growth AI paradigms, and meanwhile price + fundamental momentum is strong. Bearish Take 👎 = represents overconfidence, statistical likelihood of low/negative future returns, and might even be based on un

Big things happening in Base Metals. 2 takeaways: -base metals are breaking out -(and global growth is set to surge) Here's what to watch out for: gold.topdowncharts.com/p/goldnugget...

Emerging Markets -undervalued -underowned -underestimated -undershooting trend -undergoing a turning point? And underappreciated upside when this cycle turns... Analysis: entrylevel.topdowncharts.com/p/chart-of-t...

Chart of the Week - Japan Breakout(s) Japanese Equities: believe the breakout, big things are happening in Japan... Read more [free]: entrylevel.topdowncharts.com/p/chart-of-t...

Do you want the Good news or the Bad news? Good news for #Gold = strong trend, monetary tailwinds, investor psychology. The bad news = expensive valuations. Here's the key things to consider (+methodology): gold.topdowncharts.com/p/goldnugget...

Where do stock market returns come from? -Dividends (consistently) -Earnings growth (most of the time) -Valuation changes (...sometimes yes/no) from the Weekly ChartStorm: www.chartstorm.info/p/chartstorm...

Very interesting things happening in Emerging Markets & Commodities. There's a breakout from trading range + a big beautiful bottoming process running its course... Full story: gold.topdowncharts.com/p/goldnugget...

Onwards and Upwards in November? November is one of the best months of the year historically [a close 3rd in terms of % positive at 69% and first place in terms of average return at 1.6%] Of course it should also be highlighted that while the best November in history was +11%, the worst November i

Weekly Insights - Edition 234 entrylevel.topdowncharts.com/p/weekly-ins... This week: global markets update, EM equity technicals, US dollar outlook, US treasuries, EMFX, Japanese stocks, and US small caps...

Do NOT Concentrate 🫤 When it comes to stockmarket performance the more concentrated the index becomes, the more attractive it is to sail in the opposite direction of cap-weighted strategies and go for equal-weighted. Probably a lot of this is the result of the dot com bubble and early-1980’s oil

US Price to Book ratios across industries -cheapest aren't that cheap -most expensive are out to new highs Thoughts (and comments on Value vs Growth): entrylevel.topdowncharts.com/p/chart-of-t...

Gold Market Chartbook - October 2025 Click through to access the latest Monthly Pack -- over 70 charts on gold, silver, precious metals, and miners (+ asset allocation issues for investors). Download the pack: gold.topdowncharts.com/p/gold-marke...

Weekly Macro/Multi-Asset Pack -US Dollar Outlook -Treasuries & Bond Yields -EMFX (+EM Fixed Income) -Japanese Equities + Macro -US Small Cap stocks Download the report here: www.topdowncharts.pro/p/weekly-mac...

Missing the Best/Worst days in the Stockmarket... Miss the 10 Best Days = Sad ☹️ Miss the 10 Worst Days = Glad 🙂 Miss 10 Best + Worst = not bad 🙃 ` (as featured in the Weekly ChartStorm)

Internet stocks took more than a decade to bring in enough sales growth to back the hype of their stupendous valuations. Important historic cautionary... As featured in the Weekly ChartStorm: www.chartstorm.info/p/weekly-s-a...

Global Equities: bull market break out Took a while, but global equities (ex-US) finally have broken out to new highs and with improving breadth. Unlike US stocks, global ex-US are still cheap, so this is a very interesting development indeed...

Surging gold Slumping oil Snapping rubber band next? Extremes like these are where some of the best opportunities and biggest risks can be found: gold.topdowncharts.com/p/goldnugget...

Lessons from the past... The internet would go on to become ubiquitous + a source of tremendous wealth and innovation. But at the height of the dot com bubble it was pure Hype at that stage... certainly relative to the valuations prevailing at that time: www.chartstorm.info/p/weekly-s-a...

Gold flows frenzy Logical point for a period of consolidation as the market digests buyer-seller imbalances... From the GoldNuggets Digest: gold.topdowncharts.com/p/goldnugget...

Classic table (from 2018) on bear market frequencies, but note: those born in 1980 will have experienced 5 bear markets by now (including 2020) + those born in 1990/2000 will have 4 now (adding 2020 and 2022) 😵‍💫 From the ChartStorm classics Edition: www.chartstorm.info/p/weekly-s-a...

Chart of the Week - Reacceleration 26 This is going to be *the* big macro theme heading into 2026: entrylevel.topdowncharts.com/p/chart-of-t...

The equal vs cap weighted Anomaly is getting more anomalous… 👀🤔 Normally in the long-run the equal-weighted version of the S&P500 outperforms the cap-weighted (for a number of good reasons) — the more recent dominance of cap-weight is an anomaly. It's also an echo of the dot-com bubble era (many s

Peak or Pause? Gold strayed far and fast from its 200dma and is now paying the price... More on this issue: gold.topdowncharts.com/p/goldnugget...

"Don't worry, stocks and bonds *almost never* both fall at the same time" 1931, 1969, 2022: 👺 Not a reason to discard stocks or bonds, and especially not a reason to discard asset allocation, but certainly a prompt to be more clever about diversification efforts and investment process... 🤓 From

Ignore margin debt charts! (except this one) Ignore the ones that just show you a useless unprocessed picture of total nominal margin debt ...usually with some dumb ill-informed and mis-informing hyperbolic blabber about new all-time highs. Pay attention instead to ones that transform it into som

Gold ETFs have been steadily accumulating holdings of physical gold, but so far this is nothing like the previous major gold bull market. Start of something big? More gold charts: gold.topdowncharts.com/p/goldnugget...

Fundamentals vs Technicals... What if I told you one of the most fundamental of fundamentals: earnings growth, was actually working more like a technical indicator? Turns out Analyst consensus earnings expectations function more like a sentiment indicator -- basically giving a contrarian signal ra

Despite a roaring bull market in gold, investor Allocations to Gold ETFs have yet to eclipse the previous 2 high points. Is this thing just getting started? From the GoldNuggets Digest: gold.topdowncharts.com/p/goldnugget...

Weekly Insights - Edition 233 entrylevel.topdowncharts.com/p/weekly-ins... This week: global markets update, REITs outlook, Chinese stocks, US tech stocks, crude oil and energy stocks, defensives in focus...

ALERT: the GoldNuggets Digest will be sent out later today — it’s an easy to read, chart-driven look at gold, macro, precious metals, and commodities. Highly topical, useful perspectives, and best of all it’s Free. Sign up + review past editions here: gold.topdowncharts.com/s/goldnuggets

Global Equities PE10 Valuations -Reveals clear boom-bust cycles -Convergence/divergence in valuations -Big clues on long-term risks & opportunities From: entrylevel.topdowncharts.com/p/chart-of-t...

Gold ETF Assets: new ATH 👀 Up until recently this was mostly being driven by market movements, but we are increasingly seeing retail interest in gold and precious metals as the bull market rages on...

Weekly Macro/Multi-Asset report -Chinese stocks (+tech sector) -US tech stock outlook -energy sector (+crude oil) -defensive stocks Download the report: www.topdowncharts.pro/p/weekly-mac...

Gold's share vs Stocks & Bonds is definitely getting up there... (but it has been much higher before, which tells us yes this bull market is well advanced, but also-- it could still have much further to run) More gold charts: gold.topdowncharts.com/p/goldnugget...

European Equities used to be at least as good as US Equities. But something(s) changed in 2009. One issue was that Europe had to deal with the hangover from the credit boom, with rolling sovereign debt crises and structurally lower growth as it digested years of malinvestment and deleveraging. Th

You might have missed it, but US stocks have actually peaked already vs global stocks. This is not necessarily a bad thing (e.g. if we end up seeing bullish rotation), but it is a thing and worth taking note of: entrylevel.topdowncharts.com/p/chart-of-t...

Investor allocations to equities are at record highs and the CAPE ratio is likewise probing the upper reaches... Only time will tell how much further we can take this before things come undone. From the Weekly ChartStorm: www.chartstorm.info/p/weekly-s-a...

The biggest driver of the Gold bull market continues to be central bank buying as the US government seemingly does all it can to discourage investors from wanting to invest in US dollars or US debt. From the GoldNuggets Digest: gold.topdowncharts.com/p/goldnugget...

Chart of the Week - EM Inflection Point A once-in-a-decade turning point is upon us: entrylevel.topdowncharts.com/p/chart-of-t...

It's entirely normal for Gold to go through a bit of consolidation and healthy correction at this stage of the Bull Market. Chart by Jordan Roy-Byrne of The Daily Gold -- as featured in the GoldNuggets Digest: gold.topdowncharts.com/p/goldnugget...

Nov/Dec tend to see: -rising stocks -declining volatility -tightening credit spreads Will it be different this time? Thoughts on seasonality + how to actually use it in your investment process: entrylevel.topdowncharts.com/p/chart-of-t...

...is it really going to be that simple? S&P heading into a seasonal sweet spot. what could possibly go wrong (or alternatively what could possibly go right) ? 🧐 🤔 More charts on the Stockmarket outlook: www.chartstorm.info/p/weekly-s-a...

Gold, Stocks, and Bonds — 3 points: -the value of diversification in general -value of diversifying diversifiers -value of diversifying dynamically Also… notice the similarities with the 1970’s [this is NOT normal times] From the GoldNuggets Digest gold.topdowncharts.com/p/goldnugget...

ICYMI: 10 Charts to Watch in 2025 [Q3 Update] entrylevel.topdowncharts.com/p/10-charts-...

Weekly Insights - Edition 232 entrylevel.topdowncharts.com/p/weekly-ins... This week: global markets update, US treasury yield technicals, global monetary policy pulse, commodity prices outlook, emerging market equities review...

We just saw another spike in Gold market implied Volatility -- which is something you often see around turning points and trend exhaustions... so it suggests a period of consolidation (a pause in the gold bull). More on Gold price outlook: gold.topdowncharts.com/p/goldnugget...