Hour 1 – Undervalued Sectors and Significant Monthly Closes
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We are finally at Labor Day and hopefully the end of the low volume slow markets. This summer has been good for US markets and really tough for the metals. In this weekend’s show we look at what is still undervalued in the US equity markets. We also address the monthly close for the metals and what it will take to change the overall downtrend.
Thank you to everyone for tuning in on this Labor Day long weekend. Please keep in touch by emailing me at Fleck@kereport.com.
- Segment 1 & 2: Jesse Felder, Founder of The Felder Report joins me for the first two segments to discuss divergence in central bank policies, the widening federal deficit, and the precious metals.
- Segment 3: Mike Larson, Editor of The Safe Money Report shares his thoughts on the sectors that are going unnoticed and still have room to run to the upside.
- Segment 4: Dana Lyons wraps up the show with a reply of a daily editorial from Friday. Dana is very much a generalist investor and his comments on the
Exclusive Company Updates
Segment 1 & 2
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Segment 3
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Segment 4
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No matter how we look at it, the recent low needs to hold.
http://schrts.co/skp7VM
Notice the 6 weekly closes below the 600 week SMA. Until now, gold had gone over 15 years without a single weekly close below that moving average.
The 600 week EMA is still safe at 1155…
http://schrts.co/XjMsxN (non-log scale)
The girls are cute.
Thanks for the weekend show guys as always.
Cheers.
Gold’s “make or break” secondary trend line test:
https://s33.postimg.cc/mw1fg47jj/GOLD-20180831-_Month_End.jpg