Over the years, I have noticed that in extreme declines, there is fear of not getting out. Selling anything with a bid to raise cash. The gold market is seeing weakness Thursday morning, when "common sense" might suggest safe-haven buying was in order. Let's look at the charts of the gold exchange-traded fund, SPDR Gold Trust (GLD) , to see what price points to focus on at this juncture in time.
More from ETFs
I'll want to pay close attention to Monday's price action in the TLT.
There's no need to own stocks as a group and no need to crowd into widely-owned individual names.
Here's what you should consider instead during this fear of missing out time -- and know that stock picking should be back in vogue soon.
With the Fed announcing bazooka liquidity measures as selling took a breather, it allowed the market to rally back to the next level of resistance of around 2600. But now what?