TI 04/11/25

Chart of the Day 📈 4/11/25: Stocks Need Gold, Bonds, Dollar to "Cooperate"

Mike Larson | Editor-in-Chief

What’s it going to take to get a real, LASTING rally in the stock market? Cooperation!

Think back to Wednesday. After President Trump paused most of his tariffs for 90 days, the Dow Jones Industrial Average launched its biggest point rally EVER. The S&P 500 surged the most since 2008. The Nasdaq? It jumped more than 12%, its biggest single-day rise since the Dot-Com Bubble days.

But gold didn’t give back much of its earlier gains. Neither did Treasury yields. Those turned out to be “tells” – signs of stress elsewhere in the market that suggested equities could be vulnerable. And sure enough, stocks gave back a significant chunk (though not all) of their gains Thursday.

You can see the action in today’s MoneyShow Chart of the Day. It shows how E-Mini S&P 500 futures (ES) have been trading over the last few days in blue – along with gold futures (GC) in red, dollar index futures (DX) in blue-green, and long bond futures (ZB) in purple.

ES, GC, DX, ZB Futures (4-day % Change)

While other asset classes DID react to the stock market surge, those reactions weren’t very powerful. Then overnight and into Thursday, bonds resumed selling off along with the dollar, while gold jumped again.

When you have bonds selling off, the dollar selling off, and gold rising, it tells you something. It suggests “Big Money” is abandoning US assets – and repositioning some of the money into one of the longest-term stores of value.

It’s impossible to know if it’s being done as some form of retaliation (China selling US assets as part of the trade fight). It could just be global investors moving their money elsewhere because they don’t like the uncertainty caused by Trump’s erratic policymaking approach.

Whatever the reason, the outcome is the same. Stock market rallies will remain suspect and “squishy” until equities get some cooperation from other asset classes!

MoneyMasters Podcast 4/10/25: The Secrets to Making Money in Chaotic Markets

Want to know how seasoned traders navigate wild volatility without losing their edge? In this episode of the MoneyShow MoneyMasters Podcast, I’m joined by husband-and-wife trading pros Bruce Marshall, senior director of options and income trading at Simpler Trading, and Tammy Marshall, Fibonacci technical analyst at ElliottWaveTrader.net.

Together, they break down how they approach chaotic markets with confidence — from sizing down and managing risk to using tools like Fibonacci clusters to stay on top of their trades. Tammy explains how she earned the nickname “Fibonacci Princess,” while Bruce shares practical strategies from decades of trading experience – and explains how his style has shifted in today’s environment.

SPONSORED BY STOCKTWITS

The Stocktwits Cashtag Awards + MoneyShow: Join Us in NYC April 30!

Stocktwits revolutionized finance with the invention of the Cashtag – which turns stock symbols into hubs for conversation and decision-making. Now, MoneyShow is partnering with the leader in financial education on their first-EVER Cashtag Awards!

On April 30 at The Stand at Union Square in New York City, attendees will...

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* Plus, catch up with me, MoneyShow Editor-in-Chief Mike Larson, to talk markets, investment strategies, and more

As my MoneyShow guest, you can save 50% on your event ticket! Click this link to register – and enter the promo code “MoneyShow50”:  https://cashtag.stocktwits.com/. 

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