Feb 1, 2018
Mickey Fulp reports that January kept 2017's torrid stock market pace! Major US stock markets kept going up with the DJIA up nearly 6%. Emerging markets were flat. TSX down 1.6% and TSX-V 1.5%. Bitcoin the always volatile digital currency it was down 29% for the month. Gold 3.3% and Silver up 2.4% for the month. Pt up 6% and Pd down 3% with narrowing of the premium of Pd to Pt. Copper down a just 1.6%. Energy rallied, WTI up 8%, Brent up 3.3%. Natgas jumped 9.6% on cold winter weather to $3.19. Uranium sunk 9%. Currencies saw the Greenback weaken 3.5% and the Euro rose 3.4%. Rate on the 10 year T Bond jumped to 2.72. Till next month!