Mickey Fulp's Monthly Major Market Review (September 2021)
Mickey Fulp's Monthly Major Market Review (September 2021)

Mickey Fulp's Monthly Major Market Review (September 2021)

Akash Vyas

23 min
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<p>For September and the quarter, markets were down across the board. Dow down 4.3% 333844 and S&P 500 off 4.8% to 4308, Nasdaq of a larger 5.9%. Russell 2000 down less 3.0% to 2204, TSX off a minor 2.5%, and TSX.V slammed for another 4.2% decline. VIX took off at 23.10. The Dollar went up another 2.0% to 94.20 and the Euro was off another 2%. 10 Year yield kept going up - 16.9% to 1.52. Bitcoin was slammed 6.6% to 43836. Gold kept losing ground off 3.3% to 1755. Silver was off another 7.5% to 22.11. Pt off 4,8% to 960. Pd crashed 23.5% for the month to 1840, under 2000. Copper lost 5.4% to $4.06. WTI rose 9.5% to 75.030. Brent up 7.7% to 78.52. Natgas had a parabolic move adding another 34% to bring it to 5.87. Uranium also went parabolic adding 22.7% to $42.50, thanks to the Sprott Uranium Trust. </p> <p>Ratios:  <strong>Au:Ag rose to 79.4</strong>, Pt:Au .55, Pt:Pd .52. BRT:WTI 1.05, <strong>WTI:HH 12.8</strong>, and <strong>AU:WTI 23.4</strong>.  </p>

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