Category Archives: Market Update

  • News

    Dollar Slips while Everybody Talks Vax

    Weekly Market Update - 30 July 2021
    by davefairtex

    Saturday, July 31, 2021, 5:57 PM

    17

    Market Commentary To me the buck [-0.80%] had the most interesting move this week – it fell four days out of five, printing a weekly swing high/strong bearish reversal (70%).  Money flowed into bonds [-7 bp to 1.27%], and is starting to move out of equities – at least a little bit [-0.37%].  SPX sector…

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  • News

    Gold Down Despite Inflation Rising Like 1974

    Weekly Market Update - 7/23/2021
    by davefairtex

    Sunday, July 25, 2021, 8:03 PM

    22

    Market Update The metals are mostly in a downtrend, but there are hints of a reversal in silver. The silver Open Interest is showing signs of the “wash and rinse” cycle ending – silver’s OI hasn’t been this low since mid-2020. Silver’s (single candle) reversal bar looks reasonably strong. Silver’s friend copper is more clearly…

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