NCM was trading down all day today- it ipened at -1.8%- and closed close to Friday's close, with some fairly frenzied trading late, but still down. This when gold made a new record high on Friday and appeared to be doing the same during today's gold futures trading.
What do people think? I found it quite extraordinary that NCM was doing poorly for most of the day- it was the one stock I expected to do very well today.
Gold fatigue or something else?
NCM Price at posting:
$41.39 Sentiment: None Disclosure: Held