Mickey Fulp's Monthly Major Market Review (November 2020)
Dec 3, 2020 ·
12m 43s
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Description
Stock markets ran up dramatically during the month: Dow up nearly 12%, S&P 500 up 11%, Nasdaq finished up 11%, Russell 2000 up an amazing 18%, TSX.V nearly 10% on...
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Stock markets ran up dramatically during the month: Dow up nearly 12%, S&P 500 up 11%, Nasdaq finished up 11%, Russell 2000 up an amazing 18%, TSX.V nearly 10% on cryptos and cannabis (gold stocks were way down). VIX calmed down to 20.57. Dollar continued its skid off 2.3% to 91.83 and Euro rose 2.6% to 120. 10 Year is yielding .85%. Bitcoin went parabolic up 45% to a record 19559. Gold put in a 5.4% loss to 1777. Silver was off 4.4% to 22.60. PT was a major winner up 14.3%. PD rose 7.9% for the month. Copperkept winning up 15% to $3.48. WTI also sailed much higher up 27% to 45.34. Brent also up 25.7%. Natgas ran out of gas falling 14% to 2.88 per mm. Uranium was stuck at $30. Ratios: Au/Ag 78.6 - Pt/Au .54 - Pt/Pd .43 - BRT/WTI 1.05 WT/HH 15.7 and AU/WTI still a hefty 39.2.
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Information
Author | Kerry Lutz |
Organization | Kerry Lutz |
Website | - |
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