Wednesday, April 21, 2010

Silver and Stocks

Below are two daily trend charts of Silver (SLV) and Stocks (SPY).  My interpretation is that these two markets are highly correlated, with SPY turning in a much smoother trend profile. 

SLV Daily

SPY Daily

That said, a longer term application of the low-volatility algorithm to Hecla (HL) shows stellar results:

HL Weekly 4.0 Trend Model

1 comment:

Unknown said...

On one of your videos you said to watch for a retracement when Spy 500 nears 1222. We are nearly there.
Do you feel it would be prudent to be on the sidelines as we approach this target