16 min listen
Mickey Fulp's Monthly Major Market Review (November 2021)
Mickey Fulp's Monthly Major Market Review (November 2021)
ratings:
Length:
16 minutes
Released:
Dec 1, 2021
Format:
Podcast episode
Description
In November markets were making new highs all over the place until Thanksgiving Friday. That put a dagger in the hearts of stock markets and commodities alike. Dow off 3.7% 34484 and S&P 500 off .8% to 4567, Nasdaq held on to a .3%. Russell 2000 was slammed down 4.3%, TSX off 1.8%, and TSX.V posted a a 1.2% loss. VIX jacked up to 27.2 on the fear trade. The Dollar hit a multi-month high closing at 96.35 and the Euro was 2.2% to 1.13. 10 Year yield plunged 8.3% to 1.43. Bitcoin took a hit closing at 56974 down 6.1%. Metals were doing well and that got major slammed. Gold was down .5% to 1775. Silver was 4.4% to 22.84. Pt was beat up losing 8.1% to 936. Pd was the big loser off 13.6% for the month to 1674. Copper off 2.6% to $4.35. WTI got creamed off 20.8% to 66.18. Brent followed suit off 16.4% to 70.57. Natgas skidded 15.8% to bring it to 4.57. Uranium pushed further higher by more Sprott buying up 6% to $45.60. Ratios: Au:Ag up 77.7, Pt:Au .53, Pt:Pd .56. BRT:WTI 1.07, WTI:HH 14.5, and AU:WTI 26.8.
Released:
Dec 1, 2021
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