Markets don’t usually shout to get your attention when a paradigm shifts. But they do tend to whisper in unison pretty loudly when historical relationships start to break. In this Market on Close clip, Senior Market Strategist John Rowland, CMT, highlights a rare alignment across global markets that historically only appears during periods of financial stress: More News from Barchart Japanese long-term yields are moving parabolically The U.S. dollar is breaking a 14-year structural trend Gold and ...

Gold Market - Gold prices have recently surged to record levels, exceeding 4000, but are currently flat [1][2] - Goldman Sachs has raised its gold price forecast for next year to 4900, indicating unprecedented times for the gold market amid political uncertainty in Europe and a US government shutdown [2] - The current market is pricing in a potential rate cut from the Federal Reserve, which could positively impact gold prices [3] Dollar Strength - The dollar has shown strength recently, which is inversely affecting gold prices, as the dollar rises while gold stagnates [5][6] - Political uncertainty in Europe, particularly in France, is weighing on the euro and supporting the dollar [6] - The lack of fresh US economic data may lead to a reassessment of expected rate cuts, potentially further supporting the dollar [6] Tech Stocks - The technology sector is experiencing significant rallies, with the S&P 500 reaching record highs and the Philadelphia Semiconductor index up 6% since the start of the month [8] - The momentum in tech stocks is driven by a flurry of news and deals, particularly in the aerospace sector, with AMD's recent performance contributing to market gains [8] - There are concerns about the sustainability of this momentum if news flow diminishes or if uncertainties in other market areas dissipate [9]