It’s a wild start to the week. The markets are losing any gains that they made so far this year. It’s a roller coaster ride and some signals are pointing to bearish trends instead of bullish trends.
——PRECIOUS METALS——
A lot of ETF are selling long contracts on silver and gold. Talk of China’s Silk Road and gold backed Yuan dollar are also possible factors to look ahead for some nice prices in the future so buy it now while it’s on sale
——STOCK MARKET——
We are dangerously close to finishing the day below the 200 day moving average of 24,280. This is a total flip from the start of the year. And with GE (general electric) being booted from the S&P 500 and toys R us going out of business, it could be a signal that the markets could be starting to turn.
——CRYPTO CURRENCIES——
When bitcoin had its rise to $20,000 that’s when we saw the $15 dollar Steem price. They have been dragging along the $6,000 dollar bottom and starting to make small moves to positive side.
——OIL PER BARREL——
——US DOLLAR INDEX——
——BALTIC DRY INDEX——
——US DEBT CLOCK——
——STACKITIS——
And here we go with my favorite part of the post. Your daily dose of stackitis medicine.
I’m at the water park with my boys and my pocket piece of silver.
Thank you for stopping by and I hope you enjoyed this post and found it enjoyable. Have a great day👍🏼🍺🥓