NASDAQ: The Leaders Lead. Or Attempt to, and Fail.
The most bearish development for gold came from… the NASDAQ. And no, these are not six typos in a row. Let me explain. Q1 2021 hedge fund letters, conferences and more NASDAQ's PerformanceThe tech stocks were the strongest part of the stock market in the previous year or so, and for a good reason. Due to the lockdown-induced surge in remote work, the need for all sorts of tech improvements (in both: software and hardware) soared. So, it’s no wonder that the NASDAQ was the strongest part of the market. It was the sole leader. Now, there’s a rule in every market that leaders… Well, lead. This ma...