from Kerry Lutz's Financial Survival Network
Mickey Fulp returns… Stock markets again ran up dramatically during the month: Dow up nearly 3.3% to record 30606, S&P 500 up 3.7%, Nasdaq finished up 5.6%, Russell 2000 up strong at 8.5%, TSX lagged up 1.4% TSX.V nearly 16.7% again on cryptos and cannabis (gold stocks were way down). It was truly a day tripper’s market. VIX calmed to 22.75. Dollar continued its skid off 2.1% to 89.92 and Euro rose 2.2% to 122. 10 Year yield rose to ..94%. Bitcoin went parabolic yet again up 48% to a record 28947. Gold put in a 6.8% gain to 1898. Silver piped up 16.6% to 26.36. PT was again a major winner up 10.5%. PD rose 3.8% for the month to 2336. Copper is still winning up 1.1% to $3.52, with more gains almost certainly ahead. WTI also sailed much higher up 7% to 48.52. Brent also up 8.8% to 51.80. Natgas ran out of gas falling another 12% to 2.63 per mm. Uranium still stuck at or near $30. Ratios: Au/Ag 72 – Pt/Au .56 – Pt/Pd .45 – BRT/WTI 1.07 WT/HH 19.1 and AU/WTI still a hefty 39.1.
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from Kerry Lutz Podcasts – Financial Survival Network https://ift.tt/3ooSIWI
