Mickey Fulp's Monthly Major Market Review (May 2020)
Stock markets were up again, regaining much of their March losses Dow up 4.3% to TSX.V up 17 percent. VIX or the fear index calmed down again to a still high 27.5. Dollar was down .7% and Euro gained 1.3%. 10 Year yield nearly flat at .65. Bitcoin was up 8.5%. Gold was up 2.5% to 1729. Silver up 19.4% to 17.84. PT up 7.2%. PD down 2.2% for the month. Copper bounced up 3% to 2.42. WTI up a staggering 88%. Brent 40%. Natgas down 5.1% to 1.85 per mm. Uranium up slightly to .6%. Ratios: Au/Ag 96.9 - Pt/Au .48 -Pt/Pd .44 - WT/HH 19.2 and AU/WTI 48.7.