Mickey Fulp returns… Major US stock markets bounced back with the DJIA up 4.7%, S&P 3.6, NASDAQ 2.2% and Russell 2000 up 1.7% to record levels. Emerging markets were down 3.7%. TSX up 1% and TSX-V was down another -5%. Bitcoin the always volatile digital currency was up 21.5% for the month. Gold was down 2.2% breaking its 200 and Silver was off another 3.7% for the month. Pt down 2% and Pd was also down 2%. Copper was down 6.2%. Energy also got slammed this month, with WTI down 7.4% and Brent off 6.5%. Natgas was off 4.8%. Uranium was up again showing a 13.5% gain after continued producer cutbacks. Currencies saw the Greenback and the Euro flat for the month. Rate on the 10 year T Bond jumped to 2.96% but managed to stay below 3%. The WTI to Gold ratio hit 18%, which could be presaging a move by gold. Till next month!
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