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December 26, 2018 | 499 out of 500 S&P 500 Stocks Rose Today

Mike 'Mish' Shedlock

Mike Shedlock / Mish is a registered investment advisor representative for SitkaPacific Capital Management. Sitka Pacific is an asset management firm whose goal is strong performance and low volatility, regardless of market direction.
Every stock in the S&P 500 rose today with the exception of Newmont Mining (NEM).

In light of the above, let’s do a short-term comparison of Newmont mining vs. the S&P 500.

That’s just a short-term pattern. There is no reason to believe it will hold.

That aside, I was rather impressed with gold today in the face of a rising dollar and rising interest rates.

Mike “Mish” Shedlock

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December 26th, 2018

Posted In: Mish Talk

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