Tag Archives: Market Vectors Gold Miners Index
Breakout or fakeout? Stock prices tried to break through to the upside this week, with the S&P 500 edging above its May high intraday on Wednesday and Thursday. But the market couldn’t hold its gains, despite a strong lift from bonds. We wouldn’t be surprised if the bulls tried again next week. However, we don’t think stocks are quite yet ready for the blastoff we’ve been waiting for.