S&P and Gold correlation
Ok this one is interesting. Let's check out the divergence between the equity market and gold.
No statistical arbitrage opportunity on this one, but this seems to indicate to me that once the correlation between the two starts to get closer to equilibrium, gold will already be rising and equities should begin a descent down, although likely not for long.
The real opportunity here is the gold long.
Math is always going to win. Numbers don't lie.
No statistical arbitrage opportunity on this one, but this seems to indicate to me that once the correlation between the two starts to get closer to equilibrium, gold will already be rising and equities should begin a descent down, although likely not for long.
The real opportunity here is the gold long.
Math is always going to win. Numbers don't lie.
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