499 out of 500 S&P 500 Stocks Rose Today
Every stock in the S&P 500 rose today with the exception of Newmont Mining (NEM).
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