Frank Cappelleri, CMT, chief market technician at Nomura Instinet, returns to discuss gold, the S&P 500, and the relationship between the two. He lays out a bullish case for $GDX, the gold miners ETF. Using a number of technical indicators in conjunction with price action, he examines $GDX vs. S&P 500 to determine whether the metal everyone loves to hate will outperform the almighty stock market. Filmed on January 15, 2020 in New York.
How do traders develop their ideas and make their money? In each ten-minute episode, an experienced chart-driven trader walks through their methodology and presents a specific investment thesis. From novices wanting to learn the ropes of technical analysis to more experienced traders wanting to refine their own skills by learning from some of the best chartists out there, this series provides the practical tools for the viewer to elevate their own chart-reading skills.
How do traders develop their ideas and make their money? In each ten-minute episode, an experienced chart-driven trader walks through their methodology and presents a specific investment thesis. From novices wanting to learn the ropes of technical analysis to more experienced traders wanting to refine their own skills by learning from some of the best chartists out there, this series provides the practical tools for the viewer to elevate their own chart-reading skills.
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