Markets were almost all higher this week, with only the HUI gold stocks losing ground. Bitcoin and the Japanese Nikkei stocks gained more than any other asset classes. The USD and JPY the strongest of the government-issued currencies. On Friday I was a guest on Power Trading Radio with John O'Donnell. We talk about stocks, housing, income, and discuss our forecasts for the price of gold. Check it out!
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Markets were mostly higher this week, with government currencies, bonds and commodities all up while stocks were mixed and Bitcoin was slightly lower. The Japanese Yen gained more than any other asset class, while the HUI mining stocks lost the most ground.
Markets were mixed this week, with currencies and bonds mostly higher while stocks and commodities were mostly lower. Bitcoin gained more than any other asset class, while silver lost the most ground.
Markets were mostly lower this week. Bitcoin and crude oil fell more than any other asset classes, while silver was the biggest winner. Copper and the Nikkei stocks were the only other assets in the black.
Markets were mostly lower this week. Bitcoin gained more than any other asset class, while gold stocks showed the greatest losses. Silver and long term bonds were the only other assets in the black.
This was a mixed week for everything but government issued currencies, which were all lower. Bitcoin gained more than any other asset class, while cotton and coffee showed the greatest losses. Precious metals gained slightly, and gold stocks were unchanged. This assessment is based on the London PM fix; if the New York close was used instead, most prices given would be about 1.5% lower, and every asset class but silver and Bitcoin would be in the red for the week.
Filed under Bitcoin, Bonds, Coffee, Commodities, Cotton, Dow Jones Industrials, EUR, Euro, gold prices, Platinum, price of gold, S&P 500, Silver, Stocks, US Dollar by
Currency, bond, and equity markets (other than gold stocks) were lower this week, while commodities were mixed. Crude oil's fall accelerated, while silver rocketed higher. But the most important price action this week was in the collapse of the long bond.
On Friday afternoon I was interviewed on Power Trading Radio's weekend edition with John O'Donnell. If you aren't familiar with this show, it's part of the Online Trading Academy, which offers a wide range of courses to improve the abilities of investors and traders, covering stocks, futures, forex and options.
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The markets were mixed this week, with bonds and currencies little changed, stocks generally lower, and commodities mostly higher. The HUI gold stocks moved up with the commodity complex; crude oil was the only commodity to close down for the week.