From the linK:
To state the obvious, most stocks move with the general market, and more obviously almost all stocks move like all stocks in their sector.
And this may be no more obvious than with the gold stocks.
I’m always surprised at the endless discussions of which gold stock to buy. Gold bugs, particularly, love this stuff — this one, or that one, or maybe that one. One stock picker or another has very good arguments for each of their choices, fundamentals, technicals, some buddy’s opinion, whatever, but they all ignore the obvious — they’re talking about trees when there’s a forest out there.
For more and the charts:
