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Mickey Fulp's Monthly Major Market Review - July 2018
Currently unavailable
Mickey Fulp's Monthly Major Market Review - July 2018
ratings:
Length:
15 minutes
Released:
Aug 1, 2018
Format:
Podcast episode
Description
Major US stock markets bounced back with the DJIA up 4.7%, S&P 3.6, NASDAQ 2.2% and Russell 2000 up 1.7% to record levels. Emerging markets were down 3.7%. TSX up 1% and TSX-V was down another -5%. Bitcoin the always volatile digital currency was up 21.5% for the month. Gold was down 2.2% breaking its 200 and Silver was off another 3.7% for the month. Pt down 2% and Pd was also down 2%. Copper was down 6.2%. Energy also got slammed this month, with WTI down 7.4% and Brent off 6.5%. Natgas was off 4.8%. Uranium was up again showing a 13.5% gain after continued producer cutbacks. Currencies saw the Greenback and the Euro flat for the month. Rate on the 10 year T Bond jumped to 2.96% but managed to stay below 3%. The WTI to Gold ratio hit 18%, which could be presaging a move by gold. Till next month!
Released:
Aug 1, 2018
Format:
Podcast episode
Titles in the series (100)
Bitcoin About To Come Back - Charles Nenner #5169: Bitcoin is getting close to bottoming Bonds interest rates going down and prices are going to go up. Copper similar to lumber went straight up then the cycle topped. Copper cycle is close to topping. Will it hit $5? Stock market is making a longer... by Financial Survival Network