The Ratio of Lumber to Gold Prices is Crashing
The price of lumber is crashing relative to gold. This is considered a signal that investors have a risk-off mentality, but previous signals were not a consistent sell signal for stocks. It did tend to precede further declines in lumber prices, as well as homebuilding stocks.
Sorry, this content is restricted to SentimenTrader members.
To read this post, please login to your account, sign up for our trading solutions or start a 30-day free trial to SentimentEdge reportLogin →