I love Chris’ newsletters! In one of them, he showed his research, via charts, of why gold does not follow the dollar, but inflation. It was driving me nuts when the median would keep writing “gold is up today because the dollar is weaker”, when that was just a coincidence. The media people have no clue why things happen, but they feel like they must give a reason for why they do happen. They’re just making stuff up. But Chris’ stuff is based on research and his experience trading for 20 some years.
Chris, are you still looking into that question: examples of where the stock market rallied when earnings per share were decreasing.