The WeekendInvesting Newsletter - 11 Jan 2024

Since 2011, the gold market has remained stagnant, but recently, it seems to be breaking through and staying above the $2,000 mark. This resemblance to the previous consolidation period has sparked curiosity and excitement among investors.

In the last consolidation phase, gold made a remarkable move from approximately $400 to $1,900 in less than five years. This five-fold increase raises the question: Could history repeat itself ?

Reading Time : 2 Minutes

Index investing has gained popularity in recent years as a passive investment strategy. The idea is simple: rather than trying to beat the market by actively selecting individual stocks, investors can simply buy an index fund or ETF that tracks a specific market index, such as the S&P 500 or Nasdaq 100. This approach offers several advantages, including lower costs, diversification, and broader market exposure. However, there are growing concerns about the perils of index investing and the potential risks it poses to the financial markets.

In a recent video, the concept of index investing as a potential disaster waiting to happen was explored. . . . .

Reading Time : 4 Minutes

WeekendInvesting Daily Bytes

As we dive into the market analysis of the day, it's evident that today was a mixed bag in terms of trends and performance. The market opened with a gap up, only to slowly decline over the next few hours, filling the gap and dropping further down to 21,600 points. However, the market eventually rebounded, climbing back up around 70 points from the bottom. 

While there were mixed trends during the day, the larger intermediate trend has been on the downside. Yesterday, we witnessed a strong up move towards the end of the day, and today the market has consolidated around that level.

Stock of the Day . . . .

Reading Time : 3 Minutes