Investing

On average, the Portfolio went UP 7.2% last week and is now UP 7.8% MTD.

  An original article by Lorimer Wilson, Founder and Managing Editor of munKNEE.com – a site for sore eyes and inquisitive minds and your KEY to making money . Introduction Below is how each of the 7 constituents in the munKNEE American Cannabis MSO Stocks Portfolio performed last week, in descending order, how well they performed as of last Friday, …

The munKNEE Conservative "Cannabis" Stocks Portfolio was UP 0.7% last week but was DOWN 3.1% in April (as of April 26th) and is now UP 4.1% YTD. In addition, the stocks in the Index now have an average dividend yield of 3.3%.

As the end of April approaches, will 2023 be another year where the “Sell In May” strategy works? While no one knows the answer, historical statistics, current economic indicators, and technical measures suggest some caution is warranted.

the daily chart is currently bearish, indicating the continuation of the correction or consolidation in the short term. However, new lows below USD 60,760 are not yet foreseeable.... A volatile back-and-forth between approximately USD 61,000 and USD 67,000 could be sufficient to build a base and to then generate a new contrarian buying signal within a few days.

This user-friendly platform offers a seamless experience, allowing you to invest in gold as easily as you would any other digital asset.

With the expectations by some that gold is on the verge of a big breakout on the upside, one might be lulled into thinking that such a move would boost mining shares out of their doldrums. That could happen; but, it is not something that is likely. Nor, is it something with historical precedent.

Whether the excitement surrounding Bitcoin is siphoning flows away from gold is unclear, but there does appear to be some disconnect between gold’s price action and investment levels. Historically, the gold price and holdings in gold-backed ETFs have traded in tandem, but starting in 2023, the two began to decouple,

The bullish trend has remained firmly intact again this week, as the market tested the 20-DMA, the bottom of the trend channel, early in the week, which sparked buyers to push the index to all-time highs by the week’s end.

Whether you think the market is in a bubble or just forming a short-term top is mainly irrelevant but if you’re nearing retirement, or are a retiree, your investment horizon is shorter than that of much younger people it may be wise to consider the possibility.