The Amazon sell off
Never mind multiple stop loss sell signals going back weeks and months. The stock plunged below the rate of inflation @ 15%, last November.
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Amazon (AMZN) |
21 stocks are long. See the list here: Gold miners
Newmont Corp. (NEM) $NEM is in a long term rally, exceeding an annualized rate of gain in excess of 50% over a 10 month moving average.
As tech stocks collapse, and builders and banks are deconstructing, large gold miners continue to outperform. The upward volatility, over a monthly chart, is a good way to analyze the market. Stock chart below:
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Newmont Corp. (NEM) |