Dow Jones Industrials

Most assets dropped this week; the major exceptions were gold stocks, which gained 2.8%, and coffee, which rose 1.4%. The worst of the carnage was in the cryptocurrencies, where Ethereum fell 41.6% and the broader index of 30 cryptos dropped 37.9%; Bitcoin outperformed its peers, declining "only" 26.7%. Copper fell 5.7%, but silver ended the week little changed.

More on Weekly Update 21 May 2021 Crypto Carnage

Cryptocurrencies and stocks declined, but other assets were mixed. After making new highs last week, the CCi30 fell 18.3% and Bitcoin dropped 17.4%. Commodities made the largest gains, with coffee rising 6.8%, and cotton gaining 5.8%.

Cryptocurrencies rose to new all-time highs, bonds and national currencies declined, and stocks and commodities were mixed. The largest losses were in platinum, which dropped 2.2%, followed by US Dollar cash and short term notes, which fell 1.9% each. The CCi30 Crypto Index made the largest gains, rising 27.1%, followed by Ethereum, which rose 15.2%.

This was a short week, due to Easter holidays. Stocks and bonds moved higher, while cryptocurrencies, commodities and national currencies were mixed. The crypto bulls regained their mojo, sending bitcoin up 8.1% and powering ether to a new all-time-high, a gain of 26.3% for the week. The largest losses were in coffee, which dropped 5.1%, and cotton, which fell 2.7%. Silver continued to retreat, giving up 2.6% while platinum rose 3.6%.

Cryptocurrencies continued to drift lower after last week's all-time highs, bonds advanced, and stocks, commodities and national currencies were mixed. US stocks were the big winners this week, as the Dow Industrials rose 1.9% and the S&P 500 gained 1.8%. The largest losses were in Ethereum, which dropped 6.1%, and Bitcoin, which fell 5.3%. Silver retreated 4.1%.

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National currencies, bonds, and major stock indexes declined; commodities were mixed, and cryptocurrencies were mixed but mostly higher. Palladium was the big winner this week, rising 9.0%; the next largest gains were in the broad index of 30 cryptocurrencies, up 4.6%. The largest losses were in crude oil, which dropped 8.0%, and in cotton, which fell 5.0%.

Cryptocurrencies and stocks moved higher, while bonds declined; national currencies and commodities were mixed. Cryptos moved back into out-performance mode, with Bitcoin rising 16.6% and Ether gaining 15.0%. Outside of cryptos, the best performance was by platinum, up 5.1%. The largest losses were in long term bonds, down 2.5%, and the Yuan, off 1.8%. Long bonds are now trading below their 2018 lows, close to their prices in September 2014.

More on Weekly Update 12 Mar 2021 New Crypto Highs

National currencies, cryptocurrencies, and equities moved higher, while bonds and commodities were mixed. Crude oil dominated, rising 10.4% to outperform even the cryptocurrencies, where ether rose 8.9% and bitcoin gained 8.5%. The largest losses were in platinum, down 4.2%, and coffee, off 3.7%. Although long term bonds lost biggly in dollar terms, the sharply rising value of the USD offset most of that loss to leave them almost unchanged for the week, down just 0.2%.

More on Weekly Update 5 Mar 2021

Cryptocurrencies fell this week, but most other assets were in the black. After weeks of massive gains and new all-time highs, bitcoin retreated 15.0% and ether fell 24.4%. The largest gains were in coffee, up 10.5%, and crude oil, up 6.4%.

More on Weekly Update 26 Feb 2021

Most assets moved higher this week, led by the cryptocurrencies. The only ones in the red were gold stocks, down 5.7%, and long term bonds, off 1.0%. The broad index of 30 cryptocurrencies soared 23.9% and Bitcoin gained 19.6% to reach new all-time-highs just below 1 kg of gold. Copper and platinum also were very strong, rising 9.5% and 7.8% respectively.

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