Mickey Fulp returns… Major US stock and international markets were mixed with the DJIA down .6%, NASDAQ up 1% and Russell 2000 up .6%. Emerging markets were down a serious 4.4%. TSX up 1.3% and TSX-V down another 3.0%. Bitcoin, the crashing crypto currency was down 17.7% for the month. Gold was down a large 3.5% keeping it well under its 200 moving average and Silver was off 1.8% for the month. Pt was down a major 6% and Pd was off 3.5%. Copper was off 3.5%. Energy was the month’s stellar performer with WTI up nearly 11% and Brent up 2.5%. Natgas was up 10.6%. Uranium was up .3% and 7.3% for the quarter, perhaps showing a potential recovery from its dismal performance for the past several years. Currencies saw the Greenback up another .6% and the Euro flat. Rate on the 10 year T Bond was steady at 2.84%. The WTI to Brent ratio sank back to a more earthly 1.07, after hitting new highs last month. Wall Street will forget all about this measure until the next swing, but we’ll keep covering it anyway. Tilll next month!
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