Wednesday, May 23, 2007

Stock markets making new highs

In the month since the end of the correction, all major stock market indexes have surged to new highs.

The bull market is intact and will move higher in the months and years to come.

Get long and get rich.

STOCK PRICE INDEXES
First, the New York Stock Exchange Composite



Second, the S&P 500


Finally, the Nasdaq 100


GOLD
Gold prices are a puzzle. I would expect them to be surging with bonds falling.




BONDS
Bonds are at major support. The gold charts suggest this is the time to buy bonds.