Good day Insiders, We are at an interesting time in the markets here, it’s almost inflection point centric. We have the Dow closing above 26,000 on the week at 26,075 the S&P closing at its key resistance of 3185 which previously always followed with a sell-off and the Nasdaq looking like it is ignoring everything and has eyes set for 11,000. It really all comes down to where is the money going. Interesting to note that since the beginning of June bonds have found a bottom and have been moving up with stocks. Not to mention the glorious run that gold appears to be on piercing the $1,800/ounce ceiling and settling the week just under it.
Inflection Points
Inflection Points
Inflection Points
Good day Insiders, We are at an interesting time in the markets here, it’s almost inflection point centric. We have the Dow closing above 26,000 on the week at 26,075 the S&P closing at its key resistance of 3185 which previously always followed with a sell-off and the Nasdaq looking like it is ignoring everything and has eyes set for 11,000. It really all comes down to where is the money going. Interesting to note that since the beginning of June bonds have found a bottom and have been moving up with stocks. Not to mention the glorious run that gold appears to be on piercing the $1,800/ounce ceiling and settling the week just under it.