In November 2004, the first gold ETF (GLD) launched, now the world’s largest. Here’s a surprising fact: if you’d invested in GLD on that day instead of SPY (the largest S&P 500 ETF), your gold investment would be worth more today—even on a total return basis. For years, the mantra has been “diversification is dead” […]
Two charts caught my attention recently: The number of new houses for sale that haven’t started construction, and The number of completed new houses for sale. Both are eye-opening. New houses for sale but not yet started represent the pipeline of future supply — the earliest stage of the new home process. In the latest […]
Gold has been on a remarkable run, capturing attention as investors flock to this often-under-allocated asset amid the U.S.’s evolving political and fiscal landscape. But for those new to the gold rush, the burning question is: Is it too late to jump in? Historically, the answer depends on your investment horizon. Since 1980, gold has […]
Yesterday, the S&P 500 triggered its first Death Cross since March 2022. With a name like that, it’s hard not to take notice — second only, in my opinion, to the Hindenburg Omen when it comes to ominous-sounding market signals….. So, what is a Death Cross? It’s when the 50-day moving average dips below the […]
Today, the S&P 500 surged 9.5%—marking the third-highest daily return since 1950. Moves like this aren’t typically seen in calm bull markets. Historically, the largest up days often occur during bear markets, closely following major selloffs. It’s the market’s way of violently recalibrating after intense structural repricing. At Bruce Wood Capital, we’ve been noting signs […]
Q1 2025 was a rollercoaster—tariff fears, inflation worries, geopolitical tensions, and a stock market correction dominated the headlines, painting a grim picture. But let’s zoom in: the market’s story isn’t as bleak as it seems. Our latest chart reveals a surprising bright spot: 8 out of 11 sectors outperformed the MSCI ACWI Index (the global […]