Mickey Fulp's Month Major Market Review (July 2021)
Stock markets were up in July: Dow was up 1.4% 34990, S&P 500 added 2.3% to 4400, Nasdaq was up 1.1%, Russell 2000down 3.7% to 2226, TSX added 0.6% TSX.V slammed for 4.2% decline. VIX rose to 19. Dollar .2% to 92.20 and Euro up .1%. 10 Year yield plunged to 1.25%. Bitcoin recovered 18.8% to 41388. Gold rose 2.5% to 1814. Silver was off 2.5% to 25.45. Pt off 2.1% to 1043. Pd was down 4.2% for the month to 2597. Copper rose 4% to $4.41. WTI up.2% to 73.62. Brent up 1.2% to 76.05. Natgas shot up again adding 11.2% to 4.06, a level not seen in quite some time. Uranium rose .3% to $32.43, again extending the up trend.\xa0 Ratios: \xa0Au:Ag rose to 71.3, Pt:Au .57, Pt:Pd .40. BRT:WTI 1.03, WTI:HH 18.1 and AU:WTI 24.6.